Common use of No Labor or Materialmen’s Claims Clause in Contracts

No Labor or Materialmen’s Claims. All parties furnishing labor and materials on behalf of Borrower have been paid in full. There are no mechanics’ or materialmen’s liens (whether filed or unfiled) outstanding for work, labor, or materials (and no claims or work outstanding that under applicable law could give rise to any such mechanics’ or materialmen’s liens) affecting the Mortgaged Property, whether prior to, equal with, or subordinate to the lien of the Security Instrument.

Appears in 2 contracts

Samples: Multifamily Loan and Security Agreement, Multifamily Loan and Security Agreement

AutoNDA by SimpleDocs

No Labor or Materialmen’s Claims. All parties furnishing labor and materials on behalf of Borrower have been paid in full. There are no mechanics’ or materialmen’s liens (whether filed or unfiled) outstanding for work, labor, labor or materials (and no claims or work outstanding that under applicable law could give rise to any such mechanics’ or materialmen’s liens) affecting the Mortgaged Property, whether prior to, equal with, with or subordinate to the lien of the Security Instrument.

Appears in 1 contract

Samples: Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.)

AutoNDA by SimpleDocs

No Labor or Materialmen’s Claims. All parties furnishing labor and materials on behalf of Borrower have been paid in full. There are no mechanics’ or materialmen’s liens (whether filed or unfiled) outstanding for work, labor, or materials (and no claims or work outstanding that under applicable law Applicable Law could give rise to any such mechanics’ or materialmen’s liens) affecting the any Mortgaged Property, whether prior to, equal with, or subordinate to the lien of the Security Instrument.

Appears in 1 contract

Samples: Master Credit Facility Agreement (Steadfast Apartment REIT, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.