Mechanic Liens Sample Clauses

Mechanic Liens. To the best of Borrower's knowledge, no mechanics', materialmen's or similar liens or claims have been, or may be, filed for work, labor or materials affecting the Property which are or may be Liens prior, equal or subordinate to the Security Instrument.
AutoNDA by SimpleDocs
Mechanic Liens. The Borrower covenants and agrees to discharge (by bond or otherwise) any mechanic’s lien or claim therefor filed against the Mortgaged Property for $25,000 or more within forty-five (45) days after notice that a mechanic’s lien or such claim has been filed; and to discharge (by bond or otherwise) any mechanic’s lien or claim therefor filed against the Mortgaged Property for less than $25,000 within sixty (60) days after notice that a mechanic’s lien or such claim has been filed.
Mechanic Liens. A. TENANT will not permit to be created or to remain undischarged any lien, encumbrance or charge (arising out of any work done or materials or supplies furnished by any contractor, subcontractor, mechanic, laborer or materialman or any mortgage, conditional sale, security agreement or chattel mortgage, or otherwise by or for TENANT) which might be or become a lien or encumbrance or charge upon the Shopping Center or any portion thereof or the income therefrom. TENANT will not suffer any other matter or thing whereby the estate, rights and interests of LANDLORD in the Shopping Center or any portion thereof might be impaired. If any lien or notice of lien on account of any alleged debt of TENANT or any notice of contract by a party engaged by TENANT or TENANT’S contractor to work on the Premises shall be filed against the Shopping Center or any portion thereof, TENANT shall within ten (10) days after demand from LANDLORD, cause the same to be discharged of record by payment, deposit, bond, order of a court of competent jurisdiction or otherwise. If TENANT shall fail to cause such lien or notice of lien to be discharged within the period aforesaid, then, in addition to any other right or remedy it may have, LANDLORD may, but shall not be obligated to, discharge such lien by deposit or by bonding proceedings, and in any such event LANDLORD shall be entitled, if LANDLORD so elects, to compel the prosecution of an action for the foreclosure of such lien by the interest, costs and allowances. Any amount so paid by LANDLORD and all costs and expenses, including attorneys’ fees, incurred by LANDLORD and all costs therewith, shall constitute Additional Rent payable by TENANT under this Lease and shall be paid by TENANT to LANDLORD on demand. Nothing herein contained shall obligate TENANT to pay or discharge any lien created by LANDLORD.
Mechanic Liens. TO FILE $ TO CONTINUE, AMEND OR CANCEL........................................................... 35.00 35.00 NO FEE 15.00 NO FEE PAGE, WITH A MINIMUM FEE OF $
Mechanic Liens. No mechanics', materialmens' or similar liens or claims have been, or may be, filed for work, labor or materials affecting the Property which are or may be Liens prior, equal or subordinate to the Security Instrument.
Mechanic Liens. Administrative Agent shall have received effective lien waivers and releases (conditioned solely upon payment of amounts included in the Advance Request) from the General Contractor, all Major Subcontractors, and if requested by Administrative Agent, such other subcontractors, suppliers and other Persons as may be requested by Administrative Agent and that have a right to file a mechanic’s or materialman’s lien, construction lien or any other similar instrument against the Improvements with respect to the work completed through a date no earlier than thirty (30) days prior to the date of disbursement.
Mechanic Liens. 22.1 Neither Tenant nor Landlord shall permit any mechanic's, materialman's or other lien against the Store or the Shopping Center in connection with any labor, materials or services furnished or claimed to have been furnished. If any such lien shall be filed against the Store or Shopping Center, the party charged with causing the lien will cause the same to be discharged, provided, however, that either party may contest any such lien, so long as the enforcement thereof is stayed.
AutoNDA by SimpleDocs
Mechanic Liens. If Tenant does, or permits to be done, any act which creates a mechanic's lien or claim thereof against the Premises or the Property and fails to timely discharge same; or
Mechanic Liens. To Kindred’s Knowledge, no labor has been performed or materials furnished that could result in a materialman’s or mechanic’s lien filed against the Assets except as shall be fully paid or released prior to Closing.
Mechanic Liens. TENANT shall not have the power or right to create in any way liens for labor or material which would be a lien upon any interest of LANDLORD or in and to the leased premises and shall protect LANDLORD'S interest against any liens or claims for improvements made by TENANT. In the event any such liens are filed, TENANT agrees, at its expense, to cause the same to be released or secured by a bond within ten (10) days after the same are filed.
Time is Money Join Law Insider Premium to draft better contracts faster.