Common use of Mechanics' and Other Liens Clause in Contracts

Mechanics' and Other Liens. Mortgagor shall cause to be removed, either by payment, or bonding or otherwise, all claims and demands of mechanics, materialmen, laborers, and others which, if unpaid, might result in, or permit the creation of, a lien on the Premises and/or Trust Estate or any part thereof, or on the revenues, rents, issues, income and profits arising therefrom and in general shall do or cause to be done everything necessary so that the lien hereof shall be fully preserved, at the cost of Mortgagor, without expense to Mortgagee.

Appears in 4 contracts

Samples: Indenture of Mortgage and Security Agreement (Trumps Castle Associates Lp), Indenture of Mortgage and Security Agreement (Trumps Castle Associates Lp), Indenture of Mortgage and Security Agreement (Trumps Castle Associates Lp)

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