Common use of No Manager Liens Clause in Contracts

No Manager Liens. Manager shall not permit any mechanic's, materialmen's or other similar lien to be foreclosed against the Premises by reason of work, labor, services or materials performed by or furnished to Manager or anyone holding any part of the Premises under Manager. If any such lien is filed, Manager may contest the same in good faith but Manager shall, prior to foreclosure thereof, cause such lien to be released of record by payment, bond, order of a court of competent jurisdiction or otherwise. Nothing contained in this Agreement shall be construed as a consent on the part of Owner to subject Owner's estate in the Premises to any lien or liability under the lien laws of the State of Kansas. Notwithstanding the foregoing, if any mechanics', materialmen's or other similar lien is filed against the Premises, and the amount of such lien claim exceeds Ten Thousand Dollars ($10,000.00), then Manager shall, within thirty (30) days after the filing thereof, post a statutory xxxx xxxx under Kansas law in the District Court of Wyandotte County, Kansas. Manager hereby covenants and agrees to defend, indemnify and hold harmless Owner from and against any and all claims, costs, demands, losses or liabilities (including attorneys' fees) which Owner may suffer or incur by reason of any such mechanics', materialmen's or other similar lien.

Appears in 2 contracts

Samples: Management Agreement, Management Agreement

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No Manager Liens. Manager shall not permit any mechanic's, materialmen's or other similar lien to be foreclosed against the Premises by reason of work, labor, services or materials performed by or furnished to Manager or anyone holding any part of the Premises under Manager. If any such lien is filed, Manager may contest the same in good faith but Manager shall, prior to foreclosure thereof, cause such lien to be released of record by payment, bond, order of a court of competent jurisdiction or otherwise. Nothing contained in this Agreement shall be construed as a consent on the part of Owner to subject Owner's estate in the Premises to any lien or liability under the lien laws of the State of Kansas. Notwithstanding the foregoing, if any mechanics', materialmen's or other similar lien is filed against the Premises, and the amount of such lien claim exceeds Ten Thousand Dollars ($10,000.00), then Manager shall, within thirty (30) days after the filing thereof, post a statutory xxxx xxxx under Kansas law in the District Court of Wyandotte County, Kansas. Manager hereby covenants and agrees to defend, indemnify and hold harmless Owner from and against any and all claims, costs, demands, losses or liabilities (including attorneys' fees) which Owner may suffer or incur by reason of any such mechanics', materialmen's or other similar lienlien caused by or through Manager.

Appears in 2 contracts

Samples: Management Agreement, Management Agreement

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