Common use of Payment for Labor and Materials Clause in Contracts

Payment for Labor and Materials. Except for a Contested Item, Borrower will promptly pay all bills for labor, materials and specifically fabricated materials incurred in connection with the Mortgaged Property and never permit to exist in respect of the Mortgaged Property or any part thereof any lien or security interest, even though inferior to the liens and security interests hereof, for any such xxxx, and in any event never permit to be created or exist in respect of the Mortgaged Property, or any part thereof, any other or additional lien or security interest on a parity with, superior or inferior to any of the liens or security interests hereof, except for the Permitted Exceptions.

Payment for Labor and Materials. Except for a Contested Item, Borrower will promptly pay all bills for labor, materials materials, and specifically fabricated materials incurred by Borrower or on behalf of Borrower in connection with the Mortgaged Property and never permit to exist in respect of the Mortgaged Property or any part thereof any lien or security interest, even though inferior to the liens and security interests hereof, for any such xxxx, and in any event never permit to be created or exist in respect of the Mortgaged Property, Property or any part thereof, thereof any other or additional lien or security interest on a parity with, superior superior, or inferior to any of the liens or security interests hereof, except for the Permitted Exceptions.

Payment for Labor and Materials. Except for a Contested Item, Borrower will promptly pay all bills for labor, materials materials, and specifically fabricated materials incurred in connection with the Mortgaged Property and never permit to exist in respect of the Mortgaged Property or any part thereof any lien or security interest, even though inferior to the liens and security interests hereof, for any such xxxx, and in any event never permit to be created or exist in respect of the Mortgaged Property, or any part thereof, any other or additional lien or security interest on a parity with, superior superior, or inferior to any of the liens or security interests hereof, except for the Permitted Exceptions.