Common use of No Liens Created Clause in Contracts

No Liens Created. Tenant has no power to incur any indebtedness giving a right to a lien of any kind or character upon the Hangar. No third person shall be entitled to any lien against the Hangar or any structure thereon, derived through or under Tenant. All persons contracting with Tenant, or furnishing materials or labor to Tenant, shall be bound by this provision. Should any such lien be filed, Tenant shall have the same discharged within sixty (60) days thereafter by paying the same or by filing a bond, or otherwise as permitted by law. Tenant is not the agent of Landlord so as to confer upon a laborer bestowing labor upon the leased property, or upon a materialman who furnishes material incorporated in the construction of improvements upon the leased property, a construction lien upon Landlord’s estate.

No Liens Created. Tenant has no power to incur any indebtedness giving a right to a lien of any kind or character upon the Hangar. No third person shall be entitled to any lien against the Hangar or any structure thereon, derived through or under Tenant. All persons contracting with Tenant, or furnishing materials or labor to Tenant, shall be bound by this provision. Should any such lien be filed, Tenant shall have the same discharged within sixty (60) days thereafter by paying the same or by filing a bond, or otherwise as permitted by law. Tenant is not the agent of Landlord so as to confer upon a laborer bestowing labor upon the leased property, or upon a materialman who furnishes material incorporated in the construction of improvements upon the leased property, a construction lien upon LandlordXxxxxxxx’s estate.