Common use of No Liens or Encumbrances Clause in Contracts

No Liens or Encumbrances. Lessee shall well, truly and promptly pay or satisfy the just and equitable claims of all persons who have performed labor or furnished material for construction of any improvement required or authorized under this Agreement, and all bills, costs or claims of whatever kind, which may at law or equity become a lien upon said work, or a claim against the Leased Premises. Provided, however, that Lessee may contest the amount or validity of any claim without being in default of this Agreement upon furnishing security satisfactory to SRA guaranteeing such claim will be properly discharged forthwith if any such contest is finally determined against Lessee.

No Liens or Encumbrances. Lessee shall well, truly and promptly pay or satisfy the just and equitable claims of all persons who have performed labor or furnished material by it or on its behalf for construction of any improvement improvements required or authorized under this Agreement, Agreement and all bills, costs or claims of whatever kind, which may at law or equity become a lien upon said work, or a claim against the Leased Premises. Provided; provided, however, that Lessee may contest the amount or validity of any claim without being in default of this Agreement upon furnishing security satisfactory to SRA Counsel for XXXX, guaranteeing such claim will be properly discharged forthwith if any such contest is finally determined against Lessee.

No Liens or Encumbrances. Lessee shall well, truly and promptly pay or satisfy the just and equitable claims of all persons who have performed labor or furnished material by it or on its behalf for construction of any improvement improvements required or authorized under this Agreement, Agreement and all bills, costs or claims of whatever kind, which may at law or equity become a lien upon said work, or a claim against the Leased Premises. Provided; provided, however, that Lessee may contest the amount or validity of any claim without being in default of this Agreement upon furnishing security satisfactory to SRA Counsel for TAIT, guaranteeing such claim will be properly discharged forthwith if any such contest is finally determined against Lessee.