Discharge Liens. Secured Party, for the benefit of the holders of the Indebtedness, in its sole and absolute discretion, without waiving or releasing any obligation, liability or duty of Debtor under this Security Agreement or otherwise, may at any time or times hereafter after the occurrence and during the continuation of an Event of Default, but shall be under no obligation to pay, acquire and/or accept an assignment of any security interest, lien, encumbrance or claim asserted by a person against the Collateral. All sums paid by Secured Party in respect thereof and all reasonable costs, fees and expenses, including reasonable attorneys’ fees, court costs, expenses and other charges relating thereto incurred by Secured Party on account thereof shall be payable by the Debtors to Secured Party.
Discharge Liens. Discharge immediately, or make other arrangements acceptable to the Agent Lender (including, without limitation, bonding off or insuring over any such Lien) with respect to, any mechanic’s, materialman’s or other Lien filed against any Project, or any other Lien against any Collateral, within thirty (30) days after the date the Borrower receives notice of such Lien.
Discharge Liens. In order to protect or perfect any security interest which Bank is granted hereunder, Bank may, in its sole discretion, discharge any lien or encumbrance or bond the same, pay any insurance, maintain guards, warehousemen, or any personnel to protect the Collateral, pay any service bureau, or, obtain any records, and all costs for the same shall be added to the Obligations and shall be payable on demand.
Discharge Liens. Secured Party, in its sole and absolute discretion, without waiving or releasing any obligation, liability or duty of Debtor under this Agreement or otherwise, may at any time or times hereafter, but shall be under no obligation to pay, acquire and/or accept an assignment of any security interest, lien, encumbrance or claim asserted by a person against the Collateral. All sums paid by Secured Party in respect thereof and all costs, fees and expenses, including reasonable attorneys’ fees, court costs, expenses and other charges relating thereto incurred by Secured Party on account thereof shall be payable by Debtor to Secured Party; and
Discharge Liens. The Tenant shall use its best efforts to ensure that no claim of lien shall be filed in respect of any work which may be carried out by it or on its behalf in the Premises or the Market, and if a claim of lien shall be filed in respect of any such work the Tenant shall take all necessary steps to have the claim of lien cancelled and discharged from title to the Market within 15 days of the date the Tenant has knowledge of such filing, and the Tenant shall indemnify and save harmless the Landlord from any and all loss, cost, expense, damage, and liability in respect of such claim of lien. The Landlord, in addition to any right or remedy, shall have the right, but shall not be obliged, to discharge any claim of lien from title to the Market by paying the amount claimed to be due or by procuring a discharge of such liens by deposit in the appropriate court, and in any such event the Landlord shall be entitled, if it so acts, to expedite the prosecution of any action for the enforcement of such claim of lien by the lien claimant and to pay the amount of the judgment, if any, in favour of the lien claimant with interest and costs. In any such event the Tenant shall forthwith pay to and reimburse the Landlord for all money expended by the Landlord and all costs and expenses incurred by the Landlord.
Discharge Liens. The Borrowers shall promptly after discovery of existence discharge any Liens against the Collateral, other than the Permitted Encumbrances;
Discharge Liens. Administrative Agent, in its sole and absolute discretion, without waiving or releasing any obligation, liability or duty of OrthoLink under this Agreement or any other Loan Document, or any Event of Default, may at any time or times hereafter, but shall be under no obligation to pay, acquire and/or accept an assignment of any security interest, lien, encumbrance or claim asserted by a person against the Collateral. All sums paid by Administrative Agent in respect thereof and all reasonable costs, fees and expenses, including reasonable attorneys' fees, court costs, expenses and other charges relating thereto incurred by Administrative Agent on account thereof shall be payable by OrthoLink to Administrative Agent.
Discharge Liens. In order to protect or perfect any security interest which Bank is granted hereunder, Bank may, in its reasonable discretion, after having given Borrower a reasonable opportunity to discharge any lien or encumbrance or bond the same and so long as such lien or encumbrance would not materially impact the Collateral as determined by Bank in its reasonable discretion, discharge any lien or encumbrance or bond the same, pay any insurance, maintain guards, warehousemen, or any personnel to protect the Collateral, pay any service bureau, or, obtain any records, and all costs for the same shall be added to the obligations of Borrower and shall be payable on demand provided Bank furnishes Borrower with an invoice which describes such costs in reasonable detail and copies of appropriate supporting documentation.
Discharge Liens. In order to protect or perfect any security interest which Secured Parties is granted hereunder, Secured Parties may, upon an Event of Default, in its sole discretion, discharge any lien or encumbrance or bond or the same, pay any insurance, maintain guards, warehousemen, or any personnel to protect the Collateral, pay any service bureau, or, obtain any records, and all costs for the same shall be added to the Secured Obligations and shall be payable on demand.
Discharge Liens if any builders lien is registered against title to the Property or if notice of a builders lien is given to the Agent or any Lender, or if any other Lien which is not a Permitted Lien is registered against title to the Property, cause such builders lien or other Lien to be discharged or vacated from title and released not later than ten (10) Business Days after the registration thereof (or the date the Agent or any Lender received notice thereof, if applicable); but for greater certainty the Lenders shall have no obligation to make an Advance under Facility A if a builders lien is registered against title to the Property or if the Agent or any Lender has received notice of a builders lien in respect of the Property; and
