Common use of Lien Protection Clause in Contracts

Lien Protection. Tenant shall give Landlord not less than ten (10) days notice prior to the commencement of any work in, on, or about the Premises, and Landlord shall have the right to post notices of non-responsibility in or on the Premises as provided by law. Tenant shall pay when due all claims for labor or materials furnished or alleged to have been furnished to or for Tenant at or for use on the Premises, which claims are or may be secured by any mechanic’s or materialmen’s lien against the Premises or any interest therein. Tenant shall, at its sole expense, defend and protect itself, Landlord and the Premises against any such lien, claim or demand against the leasehold estate or against the right, title and interest of Landlord in the Premises or under the terms of this Lease and shall pay and satisfy any adverse judgment that may be rendered thereon before the enforcement thereof against the Landlord or the Premises. In the event any such lien is attached to the Premises, the Building, or the Building Complex, Tenant shall discharge the same of record (by bonding or otherwise) within ten (10) days after receiving notice thereof. Tenant’s failure to comply with the provisions of the foregoing sentence shall be deemed a Default entitling Landlord to exercise all of its remedies therefor without the requirement of any additional notice or cure period. If Tenant fails to discharge such lien of record within such ten (10) day period, then in addition to any other right or remedy of Landlord, Landlord may, but shall not be obligated to, discharge the same. Any amount paid by Landlord for any of the aforesaid purposes including, but not limited to, reasonable attorneys’ fees, shall be paid by Tenant to Landlord upon demand as Additional Rent.

Appears in 1 contract

Samples: Industrial Multi Tenant Lease (Ironclad Performance Wear Corp)

AutoNDA by SimpleDocs

Lien Protection. Tenant Lessee shall pay when due all claims for labor or materials furnished or alleged to have been furnished to or for Lessee at or for use on the Premises, which claims are or may be secured by any mechanic's or materialmen's lien against the Premises or any interest therein. If any such lien(s) is recorded against the Premises, the building and/or the Industrial Center, Lessee shall cause same to be discharged within ten (10) days form the recordation of such lien(s). If Lessee fails to discharge such lien(s) as required herein, Lessor may, without waiving its rights and remedies based on such failure of Lessee and without releasing Lessee from any of its obligations, cause such lien(s) to be released by any means it shall deem proper, including payments in satisfaction of the claim giving rise to such lien(s). Lessee shall pay to Lessor upon notice by Lessor, as additional rent, any sum paid by Lessor to remove such lien(s), together with interest at the rate of eighteen percent (18%) per annum from the date of such payment by Lessor. Lessee shall give Landlord Lessor not less than ten (10) days days' notice prior to the commencement of any work in, on, or about the Premises, and Landlord Lessor shall have the right to post notices of non-responsibility in or on the Premises as provided by law. Tenant shall pay when due all claims for labor If Lessee shall, in good faith, contest the validity of any such lien, claim or materials furnished or alleged to have been furnished to or for Tenant at or for use on the Premisesdemand, which claims are or may be secured by any mechanic’s or materialmen’s lien against the Premises or any interest therein. Tenant then Lessee shall, at its sole expense, defend and protect itself, Landlord Lessor and the Premises against any such lien, claim or demand against the leasehold estate or against the right, title and interest of Landlord in the Premises or under the terms of this Lease same and shall pay and satisfy any such adverse judgment that may be rendered thereon before the enforcement thereof against the Landlord Lessor or the Premises. In If Lessor shall require, Lessee shall furnish to Lessor a surety bond satisfactory to Lessor in an amount equal to one and one-half times the event any amount of such contested lien claim or demand, indemnifying Lessor against liability for the same, as required by law for the holding of the Premises free from the effect of such lien or claim. In addition, Lessor may require Lessee to pay Lessor's attorneys' fees and costs in participating in such action if Lessor shall decide it is attached to its best interest to do so. The obligations of this paragraph shall survive the Premises, the Building, expiration or the Building Complex, Tenant shall discharge the same of record (by bonding or otherwise) within ten (10) days after receiving notice thereof. Tenant’s failure to comply with the provisions termination of the foregoing sentence shall be deemed a Default entitling Landlord to exercise all of its remedies therefor without the requirement of any additional notice or cure periodLease. If Tenant fails to discharge such lien of record within such ten (10) day period, then in addition to any other right or remedy of Landlord, Landlord may, but shall not be obligated to, discharge the same. Any amount paid by Landlord for any of the aforesaid purposes including, but not limited to, reasonable attorneys’ fees, shall be paid by Tenant to Landlord upon demand as Additional Rent.7.4

Appears in 1 contract

Samples: Digital Bridge Inc

Lien Protection. Tenant shall pay when due all claims for labor or materials fumished or alleged to have been furnished to or for Tenant at or for use on the Premises, which claims are or may be secured by any mechanics's or materialmen's lien against the Premises or any interest therein. Tenant shall give Landlord not less than ten (10) days days' notice prior to the commencement of any work in, on, or about the Premises, and Landlord shall have the right to post notices of non-responsibility in or on the Premises as provided by law. If Tenant shall pay when due all claims for labor shall, in good faith, contest the validity of any such lien, claim or materials furnished or alleged to have been furnished to or for Tenant at or for use on the Premisesdemand, which claims are or may be secured by any mechanic’s or materialmen’s lien against the Premises or any interest therein. then Tenant shall, at its sole expense, defend and protect itself, Landlord and the Premises against any such lienPremises, claim or demand with legal counsel acceptable to Landlord, against the leasehold estate or against the right, title and interest of Landlord in the Premises or under the terms of this Lease same and shall pay and satisfy any such adverse judgment that may be rendered thereon before the enforcement thereof against the Landlord or the Premises. In the event any such lien is attached to the Premises, the Building, or the Building ComplexIf Landlord shall require, Tenant shall discharge furnish to Landlord surety bond satisfactory to Landlord in an amount equal to one and one-half times the amount of such contested lien claim or demand, indemnifying Landlord against liability for same of record (or such other amount as may be required by bonding or otherwise) within ten (10) days after receiving notice thereof. Tenant’s failure to comply with law for the provisions holding of the foregoing sentence Premises free from the effect of such lien or claim). In addition, Landlord may require Tenant to pay Landlord's attorneys' fees and costs in participating in such action if Landlord shall decide it is in its best interest to do so. Nothing herein shall be deemed a Default entitling Landlord to exercise all of its remedies therefor without constitute Landlord's consent to the requirement filing of any additional notice materialmen's or cure period. If Tenant fails to discharge such mechanic's lien of record within such ten (10) day period, then in addition to against the Premises or any other right or remedy of Landlord, Landlord may, but shall not be obligated to, discharge the same. Any amount paid by Landlord for any portion of the aforesaid purposes includingIndustrial Center. TENANT HAS ONLY A USUFRUCT INTEREST CREATED BY THIS LEASE, but not limited toNOT SUBJECT TO LEVY, reasonable attorneys’ fees, shall be paid by Tenant to Landlord upon demand as Additional RentSALE OR TRANSFER.

Appears in 1 contract

Samples: Commencement Date Agreement (Brainy Brands Company, Inc.)

AutoNDA by SimpleDocs

Lien Protection. Tenant shall give Landlord not less than ten (10) days notice prior to the commencement of any work in, on, or about the Premises, and Landlord shall have the right to post notices of non-responsibility in or on the Premises as provided by law. Tenant Lessee shall pay when due all claims for labor or materials furnished or alleged to have been furnished to or for Tenant Lessee at or for use on the Premises, which claims are or may be secured by any mechanic’s 's or materialmen’s materialman's lien against the Premises or any interest therein. Tenant Lessee shall give Lessor not less than ten (10) days' notice prior to the commencement of any work in, on or about the Premises, and Lessor shall have the right to post notice of non-responsibility in or on the Premises as provided by law. If Lessee shall, in good faith, contest the validity of any such lien, claim or demand, then Lessee shall, at its sole expense, defend and protect itself, Landlord Lessor and the Premises against any such lien, claim or demand against the leasehold estate or against the right, title and interest of Landlord in the Premises or under the terms of this Lease same and shall pay and satisfy any such adverse judgment that may be rendered thereon before the enforcement thereof against the Landlord Lessor or the Premises. In If Lessor shall require, Lessee shall furnish to Lessor a surety bond satisfactory to Lessor in an amount equal to one and one-half times the event any amount INDUSTRIAL/COMMERCIAL MULTI-TENANT LEASE--GROSS 5 of such contested lien, claim or demand, indemnifying Lessor against liability for the same, as required by law for the holding of the Premises free from the affect of such lien or claim. In addition, Lessor may require Lessee to pay Lessor's attorney's fees and costs in participating in such action if Lessor shall decide it is attached to the Premises, the Building, or the Building Complex, Tenant shall discharge the same of record (by bonding or otherwise) within ten (10) days after receiving notice thereof. Tenant’s failure its best interest to comply with the provisions of the foregoing sentence shall be deemed a Default entitling Landlord to exercise all of its remedies therefor without the requirement of any additional notice or cure period. If Tenant fails to discharge such lien of record within such ten (10) day period, then in addition to any other right or remedy of Landlord, Landlord may, but shall not be obligated to, discharge the same. Any amount paid by Landlord for any of the aforesaid purposes including, but not limited to, reasonable attorneys’ fees, shall be paid by Tenant to Landlord upon demand as Additional Rentdo so.

Appears in 1 contract

Samples: Ciphergen Biosystems Inc

Time is Money Join Law Insider Premium to draft better contracts faster.