No Mechanics Lien Sample Clauses

No Mechanics Lien. There is no mechanic's lien or claim for work, labor or material affecting any Mortgaged Property which is or may be a lien prior to, or equal to or on a parity with, the lien of such Mortgage except those which are insured against by the title insurance policy referred to in Section (n) below;
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No Mechanics Lien. Tenant will not permit any mechanics or other liens to be filed against Landlord’s interest to the Site as a result of any work performed for or obligations incurred by Tenant. Tenant will indemnify Landlord for any liability, cost, or expense, including attorney’s fees, in the event any such lien is filed.
No Mechanics Lien. Licensee shall not permit any mechanic’s lien to be filed against the Licensed Premises by reason of any work, labor, services, or materials performed at or furnished to the Licensed Premises or the Licensee. Licensee shall hold Licensor harmless from and against all expenditures, disbursements or costs incurred by Licensor as a result of, or related to, any such lien or any notice of intent to file such a lien.
No Mechanics Lien. Tenant will not permit any mechanics or other liens to be filed against Xxxxxxxx’s interest to the Site as a result of any work performed for or obligations incurred by Xxxxxx. Tenant will indemnify Landlord for any liability, cost, or expense, including attorney’s fees, in the event any such lien is filed.
No Mechanics Lien. There is no mechanic's lien or claim for work, labor or material affecting any Property which is or may be a lien prior to, or equal to or on a parity with, the lien of such Mortgage or Manufactured Home Contract, as applicable, except those which are insured against by the title insurance policy referred to in clause (m) below.
No Mechanics Lien. There are no mechanics' or similar liens or claims which have been filed for work, labor or material (and no rights are outstanding that under the law could give rise to such liens) affecting the related Mortgaged Property which are or may be liens prior or equal to, or coordinate with, the lien of the Mortgage.
No Mechanics Lien. 11 ARTICLE 4.
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No Mechanics Lien. ACRO, by entering into this Agreement, agrees to waive its right to file a claim for a mechanic’s lien against the Equipment and Automated Systems, including any attachments. Further, XXXX agrees to obtain from all persons or third-parties with whom it subcontracts, purchases from, or does business with, in the fulfillment of this Agreement, a written waiver of mechanic’s lien in favor of HI-POWER in form and substance reasonably satisfactory to HI-POWER. ACRO will provide HI-POWER with executed copies of this waiver prior to the undertaking of any activity or Work. ACRO, at its sole expense, agrees to indemnify and defend HI- POWER, and hold it harmless from all losses, including legal fees and expenses, arising from ACRO's failure to obtain the mechanic’s lien waivers. In the event ACRO becomes unable, because of insolvency, or bankruptcy, or for any other reason, to timely compensate its Subcontractors, agents, and other entities whose efforts have been obtained by ACRO in the fulfillment of this Agreement, or is otherwise unable to meet its debt obligations, in addition to any other remedies HI-POWER may avail itself of in law or equity, HI-POWER reserves the right to make payments directly to these entities, bankruptcy court, trustees in bankruptcy, or receivers as it deems necessary, subtracting the amount of these payments plus any legal expenses incurred from any sums owed to ACRO under this Agreement. In this event, ACRO waives any right of further recompense from HI-POWER for the work completed by these entities.
No Mechanics Lien. In no event shall Landlord be liable for any labor or materials furnished or to be furnished to Tenant upon credit, and no mechanic's or other lien for any such labor or materials shall attach to or affect the reversion or other estate or interest of Landlord in or to the Demised Premises. Whenever and as often as any mechanic's lien shall have been filed against the Tenant’s Improvements based upon any act or interest of Tenant or of anyone claiming through Tenant, Tenant shall forthwith take such action by bonding, deposit or payment as will remove or satisfy the lien.

Related to No Mechanics Lien

  • Mechanic’s Liens Tenant will not permit any mechanic’s lien or other lien to be filed against the Premises by reason of Alteration or other work performed by or for, or material furnished to, Tenant. If any such lien is filed at any time against the Premises, Tenant will cause the same to be discharged of record or otherwise posting security or providing title insurance over the lien within 30 days after it receives notice of the date of filing the same. If Tenant fails to discharge any such lien within such period, then, in addition to any other right or remedy of Landlord, after five days prior written notice to Tenant, Landlord may, but will not be obligated to, discharge the same by paying to the claimant the amount claimed to be due or by procuring the discharge of such lien as to the Premises by deposit in the court having jurisdiction of such lien, the foreclosure thereof or other proceedings with respect thereto, of a cash sum sufficient to secure the discharge of the same, or by the deposit of a bond or other security with such court sufficient in form, content and amount to procure the discharge of such lien, or in such other manner as is now or may in the future be provided by present or future Laws for the discharge of such lien as a lien against the Premises. Any amount paid by Landlord, or the value of any deposit so made by Landlord, together with all reasonable costs, fees and expenses in connection therewith (including reasonable attorneys’ fees of Landlord), will be repaid by Tenant to Landlord on demand by Landlord and if unpaid may be treated as Additional Rent. Notwithstanding the foregoing, if Tenant desires to contest any such lien, Tenant may do so provided that, within 30 days after the filing thereof, Tenant notifies Landlord of Tenant’s intention to do so and, until such time as Tenant causes such lien to be removed by the payment thereof or by bonding over such lien in the manner provided by applicable Law, posting with Landlord such security as Landlord may reasonably request to provide funds with which Landlord may discharge such lien in the event Tenant is unsuccessful in its contest and then fails to discharge such lien. Tenant will indemnify and defend Landlord against and save Landlord and the Premises harmless from all Claims resulting from the assertion, filing, foreclosure or other legal proceedings with respect to any such mechanic’s lien or other lien.

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