Common use of Liens and Notices of Non-Responsibility Clause in Contracts

Liens and Notices of Non-Responsibility. Lessor and Lessee agree to keep the Property at all times free and clear of all liens, charges and encumbrances of any and every nature and description done, made or caused by them, and to pay all indebtedness and liabilities incurred by or for them which may or might become a lien, charge or encumbrance against the Property before such indebtedness or liability shall become a lien, charge or encumbrance, except that Lessee need not discharge or release any such lien, charge or encumbrance so long as Lessee is contesting the same, The parties agree that Lessor shall be informed immediately of the execution of this Agreement by Lessee in order that Lessor can properly and timely record a Notice of Non-responsibility in the office of the county recorder of the county in which the Property is located. Nothing herein shall be construed to prevent Lessee from assigning, pledging, encumbering, or otherwise transferring its interest in this Agreement or the Property for the purpose of acquiring financing for its activities or operations on the Property, or for any other purpose, which acts are expressly authorized.

Liens and Notices of Non-Responsibility. Lessor and Lessee agree to keep the Property at all times free and clear of all liens, charges and encumbrances of any and every nature and description done, made or caused by them, and to pay all alt indebtedness and liabilities incurred by or for them which may or might become a lien, charge or encumbrance against the Property before such indebtedness or liability shall become a lien, charge or encumbrance, except that Lessee need not discharge or release any such lien, charge or encumbrance so long as Lessee is contesting the same, . The parties agree that Lessor shall be informed immediately of the execution of this Agreement by Lessee in order that Lessor can properly and timely record a Notice of Non-responsibility in the office of the county recorder of the county in which the Property is located. Nothing herein shall be construed to prevent Lessee from assigning, pledging, encumbering, or otherwise transferring its interest in this Agreement or the Property for the purpose of acquiring financing for its activities or operations on the Property, or for any other purpose, which acts are expressly authorized.

Liens and Notices of Non-Responsibility. Lessor Owner and Lessee Triband agree to keep the Property at all times free and clear of all liens, charges and encumbrances of any and every nature and description done, made or caused by them, and to pay all indebtedness and liabilities incurred by or for them which may or might become a lien, charge or encumbrance against the Property before such indebtedness or liability and liabilities shall become a lien, charge or encumbrance, ; except that Lessee Triband need not discharge or release any such lien, charge or encumbrance so long as Lessee is contesting Triband disputes or contests the samelien, claim or encumbrance. The parties agree that Lessor Owner shall be informed immediately of the execution of this Agreement by Lessee Triband in order that Lessor Owner can properly and timely record a Notice notice of Nonnon-responsibility in the office of the county recorder of the county in which the Property is located. Nothing herein in this Agreement shall be construed to prevent Lessee Triband from assigning, pledging, encumbering, encumbering or otherwise transferring its interest in this Agreement or the Property for the purpose of acquiring financing for its activities or operations on the Property, Property or for any other purpose, which acts are expressly authorized.

Liens and Notices of Non-Responsibility. Lessor Shoshone and Lessee Sterling agree to keep the Property at all times free and clear of all liens, charges and encumbrances of any and every nature and description done, made or caused by them, and to pay all indebtedness and liabilities incurred by or for them which may or might become a lien, charge or encumbrance against the Property before such indebtedness or liability and liabilities shall become a lien, charge or encumbrance, ; except that Lessee Sterling need not discharge or release any such lien, charge or encumbrance so long as Lessee Sterling is contesting the same, . The parties agree that Lessor Shoshone shall be informed immediately of the execution of this Agreement by Lessee Sterling in order that Lessor Shoshone can properly property and timely record a Notice notice of Nonnon-responsibility in the office of the county recorder of the county in which the Property is located. Nothing herein shall be construed to prevent Lessee Sterling from assigningAssigning, pledging, encumbering, encumbering or otherwise transferring its interest in this Agreement or the Property for the purpose of acquiring financing for its activities or operations on the Property, or for any other purpose, which acts are expressly authorized.