Mechanics Lien Claims. In performing the Development Work, Seller will keep the Property free and clear of all liens and claims of liens by contractors, subcontractors, mechanics, laborers, materialmen, and other such persons ("Mechanics Lien Claims"), and will cause any recorded statement of any such lien to be released of record within 30 days after the recording thereof. The Title Insurance Policy issued to Purchaser pursuant to Section 3.2 (a) shall contain affirmative coverage against Mechanics Lien Claims asserted against the Property as a consequence of Seller's activities with respect to the Development Work.
Mechanics Lien Claims. Borrower has not received any written notice of a potential claim, from any contractor, laborer or materialman in connection with any work, labor or materials furnished in connection with the Phase 2.
Mechanics Lien Claims. Borrowers will not suffer or permit any mechanic's lien claims to be filed or otherwise asserted against the Projects or against any funds due any contractor or subcontractor, and Borrowers will promptly, and in any event within fifteen (15) days after receipt of notice of filing, discharge or cause to be discharged, the same in case of the filing of any claims for lien or proceedings for the enforcement thereof; provided that in connection with any such lien or claim which Borrowers may in good faith desire to contest, Borrowers may contest the same by appropriate legal proceedings diligently prosecuted, but only if Borrowers shall furnish to Lender such security or indemnity as Lender requires to induce the Title Company to issue an endorsement to the Title Policy insuring over the exception created by such lien. Lender shall not be required to make any further Disbursements of the Loan until any mechanic's lien claims shown by the commitment for or any endorsement to the Title Policy furnished pursuant to this Agreement have been so insured against by the Title Company.
Mechanics Lien Claims. In no event shall the Deposit or any Earnxxx Xxxey be refunded to Purchaser until it has delivered to CTI such sworn statements, mechanics' lien waivers and other documents as CTI may require to insure Sellers Title to the Seller's Tract, including the Premises and Seller's Remainder Tract, free and clear of mechanics' lien claims arising out of the activities of Purchaser and its surveyors, architects, planners, engineers, soils consultants, any other consultants or experts
Mechanics Lien Claims. With respect to any Sub-Loan at any time during the term of the Applicable Sub-Loan Agreement (unless such a potential claim is disclosed in such Sub-Loan Agreement and permitted by Lender), Borrower has not received any written notice of a potential claim, from any contractor, laborer or materialman in connection with any work, labor or materials furnished in connection with the Applicable Phase or Applicable Resort under Applicable Mechanics Lien Law.
Mechanics Lien Claims. The Contractor shall keep the Owner and the Project and any other property owned by the Owner free from all mechanic’s and materialman’s liens and all other liens and claims, legal or equitable, arising out of, or alleged to arise out of, the performance of the Work and/or the furnishing of materials and/or services for use in connection therewith. In the event any such lien or claim of lien is filed against the Owner or the Project by anyone claiming by, through or under the Contractor, the Contractor shall cause the same to be removed from the Project to the satisfaction of Owner within thirty (30) days of the filing thereof. In the event the Owner receives any notice of a potential claim against the Owner or the Project by anyone claiming by, through or under the Contractor, the Contractor shall, within ten (10) days after receipt of any such notice, furnish to the Owner, for the Owner’s approval, a written statement of
Mechanics Lien Claims. There are no claims for labor performed for or materials furnished to or with respect to the Land that could give rise to a mechanics' or materialmen's lien on the Land or any portion thereof.
Mechanics Lien Claims. Except for mechanics’ liens arising from work performed by or through Lessor pursuant to Section 11.1, Lessee covenants and agrees to keep all of the Leased Premises and every part thereof and all buildings and other improvements thereon free and clear of and from any and all mechanics’, materialmen’s and other liens for work or labor done, services performed, materials, appliances, steam or power contributed, used or furnished or to be used in or about the Leased Premises for or in connection with any operations of Lessee, any alterations, improvements or repairs or additions which Lessee may make or permit or cause to be made, or any work or construction, by, for or permitted by Lessee on or about the Leased Premises, and at all times promptly and fully to pay and discharge any and all claims upon which any such lien may or could be based, and to save and hold Lessor and all of the Leased Premises and all buildings and improvements thereon free and harmless of and from any and all liens and claims of liens and suits or other proceedings pertaining thereto.
Mechanics Lien Claims. Except as a result of the Owner’s failure to make payment to the Contractor in accordance with the provisions of the Contract Documents, the Contractor shall keep the Owner, the Project and the Project site free from all mechanic's and materialman's liens and all other liens and claims, legal or equitable, arising out of, or alleged to arise out of, the performance of the Work and/or the furnishing of materials and/or services for use in connection therewith. In the event any such lien or claim of lien is filed against the Owner or the Project by anyone claiming by, through or under the Contractor, the Contractor shall cause the same to be removed from the Project to the satisfaction of Owner and in compliance with the requirements of the Texas Property Code within thirty (30) days of the filing thereof. Pending the removal of any such lien or claim to Owner's satisfaction, the Owner shall have the right to reduce any payments otherwise to become owing to the Contractor under any of the Contract Documents by an amount up to one hundred ten percent (110%) of the amount of such lien or claim.
Mechanics Lien Claims. Borrower will not suffer or permit any mechanic's lien claims to be filed or otherwise asserted against the Property or against any funds due any contractor or subcontractor, and Borrower will promptly, and in any event within thirty (30) days after receipt of notice of filing, discharge, or cause to be discharged, the same in case of the filing of any claims for lien or proceedings for the enforcement thereof; provided that in connection with any such lien or claim which Borrower may in good faith desire to contest, Borrower may contest the same by appropriate legal proceedings diligently prosecuted, but only if Borrower shall furnish such security or indemnity as Lender, in its sole and exclusive discretion, requires to induce the title insurer to issue an endorsement to the Lender's title policy, in form and substance acceptable to Lender, in Lender's sole discretion, insuring Lender against all loss, damage or expense (including the cost of defense) arising from such lien.
