Common use of Liens, Attachment; Condemnation Clause in Contracts

Liens, Attachment; Condemnation. (i) The recording of any claim of lien against the Property or Project or the service on Bondowner Representative of any bonded stop notice relating to the Loan and the continuance of such claim of lien or bonded stop notice for thirty (30) days without discharge, satisfaction or provision for payment being made by Borrower in a manner satisfactory to Bondowner Representative; or (ii) the condemnation, seizure or appropriation of, or occurrence of an uninsured casualty with respect to any material portion of the Property or the Project; or (iii) the sequestration or attachment of, or any levy or execution upon any portion of the Property or the Project, any other collateral provided by Borrower under any of the Loan Documents, any monies in Borrower’s Funds Account, or any substantial portion of the other assets of Borrower, which sequestration, attachment, levy or execution is not released, expunged or dismissed prior to the earlier of thirty (30) days or the sale of the assets affected thereby; or

Liens, Attachment; Condemnation. (i) The recording of any claim of lien against the Property or Project Improvements or the service on Bondowner Representative of any bonded stop notice relating to the Loan and the continuance of such claim of lien or bonded stop notice for thirty twenty (3020) days without discharge, satisfaction or provision for payment being made by Borrower in a manner satisfactory to Bondowner Representative; or (ii) the condemnation, seizure or appropriation of, or occurrence of an uninsured casualty with respect to any material portion of the Property or the ProjectImprovements; or (iii) the sequestration or attachment of, or any levy or execution upon any portion of the Property or the ProjectImprovements, any other collateral provided by Borrower under any of the Loan Documents, any monies in the Account or in the Borrower’s Funds Account, or any substantial portion of the other assets of Borrower, which sequestration, attachment, levy or execution is not released, expunged or dismissed prior to the earlier of thirty (30) days or the sale of the assets affected thereby; or

Liens, Attachment; Condemnation. (ia) The recording of any claim of lien against the Property or Project Improvements or the service on Bondowner Representative Agent of any bonded stop payment notice relating to the Loan and the continuance of such claim of lien or bonded stop payment notice for thirty (30) 30 days after Borrower receives notice of the lien or bonded stop payment notice without discharge, satisfaction or provision for payment being made by Borrower in a manner satisfactory to Bondowner RepresentativeAgent; or (iib) the condemnation, seizure or appropriation of, or occurrence of an uninsured casualty with respect to any material portion of the Property or the ProjectImprovements; or (iiic) the sequestration or attachment of, or any levy or execution upon any portion of the Property or the ProjectImprovements, any other collateral provided by Borrower under any of the Loan Documents, any monies in Borrower’s Funds Account, or any substantial portion of the other assets of Borrower, which sequestration, attachment, levy or execution is not released, expunged or dismissed prior to the earlier of thirty (30) 30 days or the sale of the assets affected thereby; or.

Liens, Attachment; Condemnation. (i) The recording of any claim of lien against the Property or Project Improvements or the service on Bondowner Representative of any bonded stop notice relating to the Loan and the continuance of such claim of lien or bonded stop notice for thirty (30) days without discharge, satisfaction or provision for payment being made by Borrower in a manner satisfactory to Bondowner Representative; or (ii) the condemnation, seizure or appropriation of, or occurrence of an uninsured casualty with respect to any material portion of the Property or the ProjectImprovements; or (iii) the sequestration or attachment of, or any levy or execution upon any portion of the Property or the ProjectImprovements, any other collateral provided by Borrower under any of the Loan Documents, any monies in the Account or in the Borrower’s Funds Account, or any substantial portion of the other assets of Borrower, which sequestration, attachment, levy or execution is not released, expunged or dismissed prior to the earlier of thirty (30) days or the sale of the assets affected thereby; or

Liens, Attachment; Condemnation. (i) The recording of any claim of lien against the Property or any portion of the Project Work or the service on Bondowner Representative Lender of any bonded stop notice relating to the Loan and the continuance of such claim of lien or bonded stop notice for thirty twenty (3020) days without discharge, satisfaction or provision for payment being made by Borrower in a manner satisfactory to Bondowner RepresentativeLender; or (ii) the condemnation, seizure or appropriation of, or occurrence of an uninsured casualty with respect to any material portion of the Property or the Projectany completed or ongoing Project Work; or (iii) the sequestration or attachment of, or any levy or execution upon any portion of the Property or the Projectany completed or ongoing Project Work, any other collateral provided by Borrower under any of the Loan Documents, any monies in Borrower’s Funds In any Account, or any substantial portion of the other assets of Borrower, which sequestration, attachment, levy or execution is not released, expunged or dismissed prior to the earlier of thirty (30) days or the sale of the assets affected thereby; or