Payment for Labor and Materials. (a) Subject to Section 3.6(b), Borrower will promptly pay when due all bills and costs for labor, materials, and specifically fabricated materials ("LABOR AND MATERIAL COSTS") incurred in connection with the Property and never permit to exist beyond the due date thereof in respect of the Property or any part thereof any lien or security interest, even though inferior to the liens and the security interests hereof, and in any event never permit to be created or exist in respect of the Property or any part thereof any other or additional lien or security interest other than the liens or security interests hereof except for the Permitted Encumbrances and other Liens permitted pursuant to the Loan Documents.
Appears in 5 contracts
Samples: Trust and Security Agreement (Behringer Harvard Reit I Inc), Trust and Security Agreement (Behringer Harvard Reit I Inc), Trust and Security Agreement (Behringer Harvard Reit I Inc)
Payment for Labor and Materials. (a) Subject to Section 3.6(b), Borrower will promptly pay when due all bills and costs for labor, materials, and specifically fabricated materials ("LABOR AND MATERIAL COSTS"“Labor and Material Costs”) incurred in connection with the Property and never permit to exist beyond the due date thereof in respect of the Property or any part thereof any lien or security interest, even though inferior to the liens and the security interests hereof, and in any event never permit to be created or exist in respect of the Property or any part thereof any other or additional lien or security interest other than the liens or security interests hereof except for the Permitted Encumbrances and other Liens permitted pursuant to the Loan Documents.
Appears in 4 contracts
Samples: Security Agreement (Behringer Harvard Reit I Inc), Security Agreement (Behringer Harvard Reit I Inc), Security Agreement and Fixture Filing (Behringer Harvard Reit I Inc)
Payment for Labor and Materials. (a) Subject to Section 3.6(b)) hereof, Borrower will promptly pay when due all bills and costs for labor, materials, and specifically fabricated materials ("LABOR AND MATERIAL COSTS"“Labor and Material Costs”) incurred in connection with the Property and never permit to exist beyond the due date thereof in respect of the Property or any part thereof any lien Lien or security interest, even though inferior to the liens Liens and the security interests hereof, and in any event never permit to be created or exist in respect of the Property or any part thereof any other or additional lien Lien or security interest other than the liens Liens or security interests hereof except for the Permitted Encumbrances and other Liens permitted pursuant to the Loan DocumentsEncumbrances.
Appears in 2 contracts
Samples: Deed of Trust and Security Agreement (Maguire Properties Inc), Deed of Trust and Security Agreement
Payment for Labor and Materials. (a) Subject to Section 3.6(b), Borrower will promptly pay when due all bills and costs for labor, materials, and specifically fabricated materials ("LABOR AND MATERIAL COSTSLabor and Material Costs") incurred in connection with the Property and never permit to exist beyond the due date thereof in respect of the Property or any part thereof any lien or security interest, even though inferior to the liens and the security interests hereof, and in any event never permit to be created or exist in respect of the Property or any part thereof any other or additional lien or security interest other than the liens or security interests hereof except for the Permitted Encumbrances and other Liens permitted pursuant to the Loan Documents.
Appears in 2 contracts
Samples: Mortgage and Security Agreement (Behringer Harvard Reit I Inc), And Security Agreement (Behringer Harvard Reit I Inc)
Payment for Labor and Materials. (a) Subject to Section 3.6(b)) hereof, Borrower will promptly pay when due all bills and costs for labor, materials, and specifically fabricated materials ("LABOR AND MATERIAL COSTSLabor and Material Costs") incurred in connection with the Property and never permit to exist beyond the due date thereof in respect of the Property or any part thereof any lien Lien or security interest, even though inferior to the liens Liens and the security interests hereof, and in any event never permit to be created or exist in respect of the Property or any part thereof any other or additional lien Lien or security interest other than the liens Liens or security interests hereof except for the Permitted Encumbrances and other Liens permitted pursuant to the Loan DocumentsEncumbrances.
Appears in 1 contract
Samples: Deed of Trust and Security Agreement (Maguire Properties Inc)