Common use of Protection Against Lien Claims Clause in Contracts

Protection Against Lien Claims. Promptly pay when due (subject to applicable retentions) or otherwise discharge all claims and Liens for labor done and materials and services furnished in connection with the construction of the Project, except for claims contested in good faith by appropriate proceedings and without prejudice to the Construction Timetable, provided that any such claims are covered by such payment bonds or title insurance policy endorsements as may be requested by the Administrative Agent.

Appears in 2 contracts

Samples: Loan Agreement (Station Casinos Inc), Reducing Revolving Loan Agreement (Station Casinos Inc)

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Protection Against Lien Claims. Promptly Fail to promptly pay when due (subject to applicable retentions) or otherwise discharge all claims and Liens for labor done and materials and services furnished in connection with the construction of the Project, except for claims contested in good faith by appropriate proceedings and without prejudice to the Construction Timetable, provided that any such claims are covered by such payment bonds or title insurance policy endorsements as may be requested by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Station Casinos Inc)

Protection Against Lien Claims. Promptly pay when due (subject to applicable retentions) or otherwise discharge all claims and Liens for labor done and materials and services furnished in connection with the construction of the Project, except for claims contested in good faith by appropriate proceedings and without prejudice to the relevant Construction Timetable, provided that any such claims are covered by such payment bonds or title insurance policy endorsements as may be requested by the Administrative Agent.

Appears in 1 contract

Samples: Loan Agreement (Station Casinos Inc)

Protection Against Lien Claims. Promptly pay when due (subject ------------------------------ to applicable retentions) or otherwise discharge all claims and Liens for labor done and materials and services furnished in connection with the construction of the Project, except for claims contested in good faith by appropriate proceedings and without ------ prejudice to the Construction Timetable, provided that any such claims are -------- covered by such payment bonds or title insurance policy endorsements as may be requested by the Administrative Managing Agent.

Appears in 1 contract

Samples: Construction Loan Agreement (MGM Grand Inc)

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Protection Against Lien Claims. Promptly pay when due (subject to applicable retentions) or otherwise discharge all claims and Liens for labor done and materials and services furnished in connection with the construction of the Project, except EXCEPT for claims contested in good faith by appropriate proceedings and without prejudice to the Construction Timetable, provided PROVIDED that any such claims are covered by such payment bonds or title insurance policy endorsements as may be requested by the Administrative Managing Agent.

Appears in 1 contract

Samples: Construction Loan Agreement (Station Casinos Inc)

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