Common use of Mechanics’ Lien Clause in Contracts

Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against the Property, or any stop notice served on Borrower, any contractor of Borrower, or Lender, remains unsatisfied or unbonded for a period of thirty (30) days after the date of filing or service.

Appears in 5 contracts

Samples: Construction Loan and Security Agreement (Worldwide Stages, Inc.), Construction Loan and Security Agreement (Worldwide Stages, Inc.), Term Loan Agreement

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Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against the Property, or any stop notice served on Borrower, any contractor of Borrower, the General Contractor or Lender, remains unsatisfied or unbonded for a period of thirty sixty (3060) days after the date of filing or service.

Appears in 4 contracts

Samples: Construction Loan Agreement (Campus Crest Communities, Inc.), Construction Loan Agreement, Construction Loan Agreement

Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against the Property, or any stop notice served on Borrower, any contractor of Borrower, or Lender, remains unsatisfied or unbonded for a period of thirty sixty (3060) days after the date of filing or service.

Appears in 3 contracts

Samples: Term Loan Agreement (Rexford Industrial Realty, Inc.), Term Loan Agreement (Rexford Industrial Realty, Inc.), Term Loan Agreement (Rexford Industrial Realty, Inc.)

Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against the Property, or any stop notice served on Borrower, any contractor of Borrower, or Lender, remains unsatisfied or unbonded for a period of thirty (30) days after the date of filing or serviceservice in violation of the terms of Section 4.3 above.

Appears in 3 contracts

Samples: Term Loan Agreement, Term Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Term Loan Agreement (KBS Real Estate Investment Trust III, Inc.)

Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against the any Property, or any stop notice served on any Borrower, any contractor of any Borrower, or Lender, remains unsatisfied or unbonded for a period of thirty (30) days after the date of filing or serviceservice in violation of the terms of Section 4.3 above.

Appears in 3 contracts

Samples: Term Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Term Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Term Loan Agreement (KBS Real Estate Investment Trust III, Inc.)

Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against the Property, or any stop notice served on any Borrower, any contractor of Borrower, the General Contractor or Lender, remains unsatisfied or unbonded for a period of thirty (30) days after the date of filing or service.

Appears in 2 contracts

Samples: Loan and Security Agreement (4Front Ventures Corp.), Loan and Security Agreement

Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against any of the PropertyEligible Properties, or any stop notice served on Borrower, any contractor of Borrower, or Lender, remains unsatisfied or unbonded for a period of thirty (30) days after the date of filing or service.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Resource Real Estate Opportunity REIT, Inc.)

Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against the Property, or any stop notice served on Borrower, any contractor of Borrower, the General Contractor or Lender, remains unsatisfied or unbonded (as may be provided for pursuant to Section 4.7 herein) for a period of thirty (30) days after the date of filing or service.

Appears in 2 contracts

Samples: Master Agreement, Construction Loan Agreement

Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against the Property, or any stop notice served on Borrower, any contractor of Borrower, the Design/Build Contractor or Lender, remains unsatisfied or unbonded for a period of thirty sixty (3060) days after the date of filing or service.

Appears in 1 contract

Samples: Junior Loan Agreement (Behringer Harvard Opportunity REIT II, Inc.)

Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against the Property, or any stop notice served on Borrower, any contractor of BorrowerASF, the General Contractor or Lender, remains unsatisfied or unbonded for a period of thirty (30) days after the date of filing or service.

Appears in 1 contract

Samples: Construction Loan Agreement (American Retirement Corp)

Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against the Property, or any stop notice served on Borrower, any contractor of Borrower, or LenderAdministrative Agent, remains unsatisfied or unbonded for a period of thirty (30) days after Borrower’s receipt of notice of (or if earlier, Borrower’s obtaining Borrower’s Knowledge of) the date of filing or service.

Appears in 1 contract

Samples: Term Loan Agreement (Stratus Properties Inc)

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Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against the Property, or any stop notice served on Borrower, any contractor of Borrower, the General Contractor or Lender, remains unsatisfied or unbonded for a period of thirty (30) days after the date of filing or serviceBorrower receives notice thereof.

Appears in 1 contract

Samples: Construction Loan Agreement

Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against the Property, or any stop notice served on Borrower, any contractor of Borrower, the General Contractor or Lender, remains unsatisfied or unbonded for a period of thirty (30) days after the date of filing or service.

Appears in 1 contract

Samples: Construction Loan Agreement (American Retirement Corp)

Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against the Property, or any stop notice served on Borrower, any contractor of Borrower, or Lender, remains unsatisfied or unbonded for a period of thirty (30) days after the date Borrower receives written notice of such filing or serviceof such stop notice.

Appears in 1 contract

Samples: Term Loan Agreement (American Realty Capital - Retail Centers of America, Inc.)

Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against the Property, or any stop notice served on Borrower, any contractor of Borrower, Borrower or Lender, remains unsatisfied or unbonded for a period of thirty (30) days after the date of filing or serviceservice or as of any earlier date on which the lien claimant shall commence an enforcement action.

Appears in 1 contract

Samples: Term Loan Agreement (Resource Real Estate Opportunity REIT II, Inc.)

Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against the Property, or any stop notice served on the Borrower, any contractor of Borrower, Contractor or the Lender, remains unsatisfied or unbonded for a period of thirty sixty (3060) days after the date of filing or service.

Appears in 1 contract

Samples: Construction Loan Agreement (HF Enterprises Inc.)

Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against the Property, or any stop notice served on Borrower, Borrower or any contractor of Borrower, or Lender, remains unsatisfied or unbonded for a period of thirty (30) days after the date of filing or service.

Appears in 1 contract

Samples: Term Loan Agreement (Inland Real Estate Income Trust, Inc.)

Mechanics’ Lien. A lien for the performance of work or the supply of materials filed against the Property, or any stop notice served on Borrower, any contractor of Borrower, or Lender, remains unsatisfied or unbonded for a period of thirty (30) days after the date Borrower’s receipt of notice or otherwise obtaining knowledge of such filing or service.

Appears in 1 contract

Samples: Term Loan Agreement (Acadia Realty Trust)

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