Mechanics' and Other Liens. A. At all times, Lessee shall keep the leased premises and improvements thereon free of mechanics and materialman’s liens and other liens of like nature. At all times, Lessee shall fully protect and indemnify Lessor against all such liens liens or claims, and shall further fully protect and indemnify Lessor against all attorneys’ fees, costs, and expenses growing out of or incurred by reason or on account of any such liens or clams. B. In the event that Lessee shall fail to fully discharge any such lien or claim, Lessor, at its option, may pay the lien or claim, or any part thereof. Lessor shall have the sole discretion to determine the validity of the lien or claim. Lessee shall pay to Lessor, upon demand, all amounts so paid by Lessor, together with interest at the maximum lawful rate from the date of payment by Lessor until the date of repayment by Lessee. If Lessee fails to pay Lessor upon demand, the amount shall continue to bear interest as described above, interest payable monthly, as additional rent, until the entire amount is fully and finally paid.
Appears in 4 contracts
Samples: Commercial Lease Agreement, Commercial Lease Agreement, Commercial Lease Agreement
Mechanics' and Other Liens. A. At all times, Lessee shall keep the leased premises and improvements thereon free of mechanics and materialmanmaterial man’s liens and other liens of like nature. At all times, Lessee shall fully protect and indemnify Lessor against all such liens liens or claims, and shall further fully protect and indemnify Lessor against all attorneys’ fees, costs, and expenses growing out of or incurred by reason or on account of any such liens or clams.
B. In the event that Lessee shall fail to fully discharge any such lien or claim, Lessor, at its option, may pay the lien or claim, or any part thereof. Lessor shall have the sole discretion to determine the validity of the lien or claim. Lessee shall pay to Lessor, upon demand, all amounts so paid by Lessor, together with interest at the maximum lawful rate from the date of payment by Lessor until the date of repayment by Lessee. If Lessee fails to pay Lessor upon demand, the amount shall continue to bear interest as described above, interest payable monthly, as additional rent, until the entire amount is fully and finally paid.
Appears in 4 contracts
Samples: Commercial Lease Agreement, Commercial Lease Agreement, Commercial Lease Agreement
Mechanics' and Other Liens. A. At all times, Lessee shall keep the leased premises and improvements thereon free of mechanics and materialman’s liens and other liens of like nature. At all times, Lessee Xxxxxx shall fully protect and indemnify Lessor against all such liens liens or claims, and shall further fully protect and indemnify Lessor against all attorneys’ fees, costs, and expenses growing out of or incurred by reason or on account of any such liens or clams.
B. In the event that Lessee shall fail to fully discharge any such lien or claim, Lessor, at its option, may pay the lien or claim, or any part thereof. Lessor shall have the sole discretion to determine the validity of the lien or claim. Lessee shall pay to Lessor, upon demand, all amounts so paid by LessorXxxxxx, together with interest at the maximum lawful rate from the date of payment by Lessor until the date of repayment by LesseeXxxxxx. If Lessee Xxxxxx fails to pay Lessor upon demand, the amount shall continue to bear interest as described above, interest payable monthly, as additional rent, until the entire amount is fully and finally paid.
Appears in 2 contracts
Samples: Commercial Lease Agreement, Commercial Lease Agreement