Common use of Filing of Liens Clause in Contracts

Filing of Liens. 4.6.1 The service of any written notice of lien on the Town, or registration of any claim for lien or certificate of action arising pursuant to the Construction Act, or the commencement of any action against the Developer or the Town by any Person purporting to be a subcontractor or material or equipment supplier will, at the Town's option, constitute a default under the terms of this Agreement. 4.6.2 The Developer must vacate any claims for lien or certificates of action arising from the development in respect of improvements made to land owned by the Developer or Town, at its own expense, forthwith upon being advised in writing of the existence of such by the Town. The Developer shall defend any proceedings arising therefrom against the Town. The Developer will be deemed in default of this Agreement if it fails to do so. 4.6.3 In the event of default, the Town may draw upon any Securities posted, for such purposes as may be determined by the Town that may be necessary to protect the Town's interests. The Town will have no obligation to hold back or pay into court any sum of money in regard to dealings with land not owned by the Town. 4.6.4 Without limiting the generality of the foregoing, the purposes referred to in this Section may include, but are not limited to, taking legal advice and defending any proceedings arising from the service of any written notices of lien or the registration of any claims for lien or certificates of action, vacating the registration of any claims for lien or certificates of action filed in respect of the lien of any Person, making payment into court of Security pursuant to any orders vacating the registration of liens or obtaining orders dismissing lien actions against the Town after a lien is vacated from lands owned by the Town.

Filing of Liens. 4.6.1 4.4.1 The service of any written notice of lien on the TownTownship, or registration of any claim for lien or certificate of action arising pursuant to the Construction Lien Act, or the commencement of any action against the Developer or the Town Township by any Person person purporting to be a subcontractor or material or equipment supplier will, at the Town's Township’s option, constitute a default under the terms of this Agreement. 4.6.2 4.4.2 The Developer must vacate any claims for lien or certificates of action arising from the development in respect of improvements made to land owned by the Developer or TownTownship, at its own expense, forthwith upon being advised in writing of the existence of such by the TownTownship. The Developer shall defend any proceedings arising therefrom against the TownTownship. The Developer will be deemed in default of this Agreement if it fails to do so. 4.6.3 4.4.3 In the event of default, the Town Township may draw upon liquidate any Securities posted, for such purposes as may be determined by the Town Township that may be necessary to protect the Town's interestsTownship’s interest. The Town Township will have no obligation to hold back or pay into court any sum of money in regard to dealings with land not owned by the TownTownship. 4.6.4 4.4.4 Without limiting the generality of the foregoing, the purposes referred to in this Section may include, but are not limited to, taking legal advice and defending any proceedings arising from the service of any written notices of lien or the registration of any claims for lien or certificates of action, vacating the registration of any claims for lien or certificates of action filed in respect of the lien of any Person, making payment into court of Security pursuant to any orders vacating the registration of liens or obtaining orders dismissing lien actions against the Town Township after a lien is vacated from lands owned by the TownTownship.