Liens Prohibited Sample Clauses

The "Liens Prohibited" clause serves to prevent any party from placing or allowing liens, claims, or encumbrances on specified property or assets covered by the agreement. In practice, this means that the party subject to the clause must ensure that no third party, such as a contractor or supplier, can file a legal claim against the property for unpaid debts or obligations. This clause is essential for protecting the ownership and financial interests of the property holder, ensuring that assets remain free from legal claims that could disrupt operations or transfer of ownership.
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Liens Prohibited. Contractor shall not permit any lien or claim to be filed or prosecuted against SAMTD, its property or its right-of-way on account of any labor or material furnished or any other reason for work arising out of this Contract. If any lien shall be filed, Contractor shall satisfy and discharge or cause such lien to be satisfied and discharged immediately at Contractor’s sole expense.
Liens Prohibited. Verizon shall keep the Construction Areas and any City property free and clear from any liens in any way arising out of the WIRELESS NETWORK construction work. If Verizon, in good faith, determines that any lien filed against City property as a result of WIRELESS NETWORK work should be contested, Verizon shall, at Verizon’s sole cost and expense, procure and record a lien release bond in an amount equal to one and one-half (1.5) times the amount of the claim of lien, issued by an insurance company acceptable to the City that is authorized to do business in the State of Washington. The bond shall provide for the payment of any sum that the claimant may recover on the claim (together with costs of suit, if any recovered in the action). Verizon’s failure to promptly discharge any lien or to procure a lien release bond shall be deemed a default by Verizon under this Agreement. Verizon agrees to hold the City free and harmless from all liability for any and all such liens resulting from the WIRELESS NETWORK work, together with costs and expenses, including but not limited to reasonable attorney’s fees, and other costs to the extent incurred by the City in connection therewith or resulting from Verizon’s failure to comply with the requirements of this Section. Verizon shall pay to the City within thirty (30) calendar days after written demand, all such costs and expenses incurred by the City in enforcing this provision. Verizon’s obligations under this Subsection shall survive the expiration or earlier termination of this Agreement.
Liens Prohibited. Tenant shall not permit any mechanic’s or materialmen’s liens to be filed against the real property of which the Premises form a part nor against the Premises or Building. The Landlord shall have the right at all reasonable times to post and keep posted on the Premises any notices which it deems necessary for protection from such liens.
Liens Prohibited. Tenant agrees not to suffer or permit any lien (including, but not limited to, tax liens and liens of mechanics or materialmen) to be placed against the Premises or Real Property. If a lien is placed against the Premises or Real Property that is directly or indirectly related to an act or failure to act of Tenant, Tenant agrees to pay off and remove such lien within five (5) days of receipt by Tenant of notice of the lien, regardless whether Tenant contests the validity of the lien. Tenant has no authority or power to cause or permit any lien or other encumbrance created by act of Tenant, operation of laws, or otherwise to attach to or be placed upon Landlord's title or interest in the Premises or Real Property. Any lien or encumbrance shall attach only to Tenant's leasehold interest in the Property.
Liens Prohibited. Tenant shall keep all and every part of the Leased Premises free and clear of any and all mechanics', material suppliers', and other liens for or arising out of or in connection with work or labor done, services performed, or materials or appliances used or furnished for or in connection with operations of Tenant, any alteration, improvement, repairs or additions that Tenant may make or permit to be made, or any work or construction by, for or permitted by Tenant on or about the Leased Premises, or any obligations of any kind incurred by Tenant, and shall at all times promptly and fully pay and discharge any and all claims on which any lien may or could be asserted unless validly contested.
Liens Prohibited. Lessee shall not permit to be imposed, recorded or enforced against the Premises, any portion thereof or any structure or Improvement thereon, any mechanics, materialmen’s, contractors or other liens arising from, or any claims for damages growing out of, any work or repair, construction or alteration of improvements on the Premises. Lessee shall give Lessor at least fifteen (15) calendar days prior written notice before commencing construction of any kind on the Premises so that Lessor may post appropriate notice of non-responsibility.
Liens Prohibited. The Tenant shall pay all costs for the work done by or for the Tenant on the Premises and the Tenant shall keep the Premises and the Building free and clear of all liens of whatever kind or nature. The Tenant shall indemnify, save and hold the Owner and the Building harmless against any liability, loss, damage, cost, attorneys’ fees and all other expenses on account of any prohibited lien.
Liens Prohibited. 5.1 MVYBA covenants that it shall not bind, or attempt to bind, CITY for payment of any money in connection with any improvement, repair, alteration in, on or about the premises, whether authorized or unauthorized hereunder. 5.2 MVYBA hereby agrees to promptly pay all persons applying labor, services and materials in the performance of any and all repairs, alterations, additions or improvements that may hereafter be made, and MVYBA shall and will fully indemnify and hold harmless the CITY against any and all claims, liens, suits or actions asserted by a person, persons, firm or corporation on account of labor, materials or services furnished to MVYBA during the performance of any said repair, alteration, addition or improvement and against any claim for injury to persons or property.
Liens Prohibited. LESSEE shall ensure that full payment is made for any and all materials joined or affixed to the Leased Premises pursuant to this Lease and for any and all persons who perform labor on the Leased Premises at the request or on account of ▇▇▇▇▇▇. With the exception of approved deeds of trust or mortgages, LESSEE shall not permit or suffer any liens, including any mechanics' lien or material supplier lien, of any kind or nature to be effected on or enforced against the Leased Premises for any work done or materials furnished on the Leased Premises during the term of this Lease at LESSEE’s instance or request, provided that LESSEE may contest such lien if LESSEE posts a bond as required by law.
Liens Prohibited. Notwithstanding the prohibition on Liens, ▇▇▇▇▇▇ is permitted with ▇▇▇▇▇▇’s consent to impose a single mortgage or deed of trust (the “Primary Lien”) upon ▇▇▇▇▇▇'s leasehold interest in the Premises under this Agreement to secure a loan obtained by Lessee to obtain funds for Lessee to use to (a) acquire ▇▇▇▇▇▇’s interest under this Agreement along with ownership of Lot 12, and/or (b) construct the Project.