Common use of Disposition of Liens Clause in Contracts

Disposition of Liens. (a) Pepco shall forthwith take such action necessary to discharge, remove or satisfy any lien filed against the Generator's Real Property or any portion thereof for any labor or materials furnished or to be furnished for or on behalf of Pepco, or any person or entity holding any portion thereof through or under Pepco. (b) Generator shall forthwith take such action necessary to discharge, remove or satisfy any lien filed against the Pepco Real Property or any portion thereof for any labor or materials furnished or to be furnished for or on behalf of Generator, or any person or entity holding any portion thereof through or under Generator.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Potomac Electric Power Co)

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Disposition of Liens. (a) Pepco shall forthwith take such action necessary to discharge, remove or satisfy any lien filed against the Generator's Real Property or any 139 portion thereof for any labor or materials furnished or to be furnished for or on behalf of Pepco, or any person or entity holding any portion thereof through or under Pepco. (b) Generator shall forthwith take such action necessary to discharge, remove or satisfy any lien filed against the Pepco Real Property or any portion thereof for any labor or materials furnished or to be furnished for or on behalf of Generator, or any person or entity holding any portion thereof through or under Generator.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Southern Energy Inc)

Disposition of Liens. (a) Pepco shall forthwith take such action necessary to discharge, remove or satisfy any lien filed against the Generator's Real Property or any portion thereof for any labor or materials furnished or to be furnished for or on behalf of Pepco, or any person or entity holding any portion thereof through or under Pepco.. 116 (b) Generator shall forthwith take such action necessary to discharge, remove or satisfy any lien filed against the Pepco Real Property or any portion thereof for any labor or materials furnished or to be furnished for or on behalf of Generator, or any person or entity holding any portion thereof through or under Generator.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Southern Energy Inc)

Disposition of Liens. (a) Pepco shall forthwith take such action necessary to discharge, remove or satisfy any lien filed against the Generator's Real Property or any portion thereof for any labor or materials furnished or to be furnished for or on behalf of Pepco, or any person or entity holding any portion thereof through or under Pepco.. 162 (b) Generator shall forthwith take such action necessary to discharge, remove or satisfy any lien filed against the Pepco Real Property or any portion thereof for any labor or materials furnished or to be furnished for or on behalf of Generator, or any person or entity holding any portion thereof through or under Generator.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Southern Energy Inc)

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Disposition of Liens. (a) Pepco shall forthwith take such action necessary to discharge, remove or satisfy any lien filed against the Generator's Real Property or any portion thereof for any labor or materials furnished or to be furnished for or on behalf of Pepco, or any person or entity holding any portion thereof through or under Pepco. . (b) Generator shall forthwith take such action necessary to discharge, remove or satisfy any lien filed against the Pepco Real Property or any portion thereof for any labor or materials furnished or to be furnished for or on behalf of Generator, or any person or entity holding any portion thereof through or under Generator.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Potomac Electric Power Co)

Disposition of Liens. (a) Pepco shall forthwith take such action necessary to discharge, remove or satisfy any lien filed against the Generator's Real Leasehold Property or any portion thereof for any labor or materials furnished or to be furnished for or on behalf of Pepco, or any person or entity holding any portion thereof through or under Pepco. (b) Generator shall forthwith take such action necessary to discharge, remove or satisfy any lien filed against the Non-Leased Pepco Real Property or any portion thereof for any labor or materials furnished or to be furnished for or on behalf of Generator, or any person or entity holding any portion thereof through or under Generator.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Potomac Electric Power Co)

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