Protection Against Liens. Tenant shall do all things necessary to prevent the filing of any mechanics’, materialmen’s or other types of liens whatsoever, against all or any part of the Premises by reason of any claims made by, against, through or under Tenant. If any such lien is filed against the Premises, Tenant shall either cause the same to be discharged of record within twenty (20) days after filing or, if Tenant in its discretion and in good faith determines that such lien should be contested, it shall furnish such security as may be necessary to prevent any foreclosure proceedings against the Premises during the pendency of such contest. If Tenant shall fail to discharge such lien within said time period or fail to furnish such security, then Landlord may at its election, in addition to any other right or remedy available to it, discharge the lien by paying the amount claimed to be due or by procuring the discharge by giving security or in such other manner as may be allowed by law. If Landlord acts to discharge or secure the lien then Tenant shall immediately reimburse Landlord for all sums paid and all costs and expenses (including reasonable attorneys’ fees) incurred by Landlord involving such lien together with interest on the total expenses and costs at an interest rate equal to the Prime Rate plus three percent (3%).
Protection Against Liens. County shall have the right to post and maintain on the Premises any notices of non-responsibility provided for under applicable California law. During the course of the Work, Tenant shall obtain customary mechanics’ lien waivers and releases. Upon completion of the Project, Tenant shall record a notice of completion in accordance with applicable law. Promptly after completion of the Project, Tenant shall (or shall cause Contractor to) record a notice of completion as defined and provided for in California Civil Code section 8000 et seq.
Protection Against Liens. The Property Owner shall promptly pay and discharge all claims for labor performed and material and services furnished in connection with construction of the Project, and take all other steps necessary to prevent the assertion of mechanics’ or materialmen’s claims or liens either against the Property or the Project.
Protection Against Liens. At least fifteen (15) days prior to the commencement of any work on the Leased Premises, Tenant shall notify the Landlord of the names and addresses of the persons supplying labor and materials for the proposed work so that Landlord may avail itself of the provisions of statutes such as Section 38-22-105(2) of the Colorado Revised Statutes. During the progress of any such work on the Leased Premises, Landlord or its representatives shall have the right to go upon and inspect the Leased Premises at all reasonable times, and shall have the right to post and keep posted thereon notices such as those provided for by Section 3822-105(2) C.R.S., or to take any further action which Landlord may deem to be proper for the protection of Landlord's interest in the Leased Premises.
Protection Against Liens. At least five (5) days prior to the commencement of any work on the Leased Premises, Tenant shall notify Landlord of the names and addresses of the persons supplying labor and materials for the proposed work so that Landlord may avail itself of the provisions of statutes such as Section 38-22-105(2) of the Colorado Revised Statutes (1973), or any successor statutory provision. During the progress of any work on the Leased Premises, Landlord or its representatives shall have the right to post and keep posted thereon notices such as those provided for by Sections 38-22-105(2) (C.R.S. 1973) or to take any further action which Landlord may deem to be proper for the protection of Landlord’s interest in the Leased Premises. As a condition of approval for such alterations, Landlord shall have the right to require Tenant to post a performance and completion bond for the benefit of Landlord in an amount equal to one and one-half times the cost of the work to be performed, provided that the total cost of the work exceeds $10,000.00.
Protection Against Liens. (a) Tenant shall do all things necessary to prevent the filing of any mechanics’, materialmen’s, or other type of lien or claim against Landlord or the Property by, against, through, or under Tenant or its contractors. If any such lien or claim is filed as a result of any non-payment by Tenant of its own contractors, Tenant shall either cause the same to be discharged within thirty (30) days after filing, or if Tenant in its discretion and in good faith determines that such lien or claim should be contested and if all required consents or approvals of Landlord’s Mortgagee are obtained, Tenant shall furnish such security as may be necessary to prevent any foreclosure proceedings against the Property during the pendency of such contest. If Tenant fails to discharge such lien or claim within such 30-day period or fails to furnish such security, then Landlord may at its election, in addition to any other right or remedy available to it, discharge the lien or claim by paying the amount alleged to be due or by giving appropriate security. If Landlord discharges or secures such lien or claim, then Tenant shall reimburse Landlord on written demand for all sums paid and all costs and expenses (including reasonable attorneys’ fees and costs of litigation) so incurred by Landlord.
(b) Landlord shall do all things necessary to prevent the filing of any mechanics’, materialmen’s, or other type of lien or claim against Tenant or Tenant’s leasehold estate in the Property by, against, through, or under Landlord or its contractors. If any such lien or claim is filed, Landlord shall either cause the same to be discharged within thirty (30) days after filing, or if Landlord in its discretion and in good faith determines that such lien or claim should be contested and if all required consents or approvals of Landlord’s Mortgagee are obtained, Landlord shall furnish such security as may be necessary to prevent any foreclosure proceedings against Tenant’s leasehold estate in the Property during the pendency of such contest. If Landlord fails to discharge such lien or claim within such 30-day period or fails to furnish such security, then Tenant may at its election, in addition to any other right or remedy available to it, discharge the lien or claim by paying the amount alleged to be due or by giving appropriate security. If Tenant discharges or secures such lien or claim, then Landlord shall reimburse Tenant on written demand for all sums paid and all costs and expenses (inclu...
Protection Against Liens. In the event that any claim of lien is asserted against the Property by any Person furnishing labor or materials to the Project, Borrower shall immediately give notice of the same to Lender and shall, promptly and in any event within ten (10) Banking Days after Lender’s written demand, (a) pay and discharge the same, or (b) contest such lien strictly in accordance with the requirements of the Security Instrument.
Protection Against Liens. Tenant shall keep the Premises, the Building and the Common Areas free from any liens arising out of work performed, materials furnished, or obligations incurred by Tenant and shall indemnify, hold harmless and defend Landlord from any liens and encumbrances arising out of any work performed or materials furnished by or at the direction of Tenant. In the event that Tenant shall not, within twenty (20) days following imposition of any such lien, cause such lien to be released of record by payment or posting of a proper bond, Landlord shall have, in addition to all other remedies provided in this Lease and by law, the right, but no obligation, to cause the same to be released by such means as Landlord shall deem proper, including payment of the claim giving rise to such lien. All such sums paid by Landlord and all expenses incurred by it in connection therewith, including attorneys' fees and costs, shall be payable by Tenant upon demand with interest at the Overdue Rate from the date such sums are paid or expenses incurred by Landlord. Landlord shall have the right at all times to post and keep posted on the Premises any notices permitted or required by law, or which Landlord shall deem proper, for the protection of Landlord and the Premises, and any other party having an interest therein, from mechanics' and materialmen's liens, and Tenant shall give to Landlord at least ten (10) business days' prior written notice of the date of commencement of any work relating to alterations, additions or improvements in or to the Premises.
Protection Against Liens. At least five (5) days prior to the commencement of any work on the Leased Premises in excess of $25,000.00, Tenant shall notify Landlord of the names and addresses of the persons supplying labor and materials for the proposed work so that Landlord may avail itself of the provisions of statutes such as Section 38-22-105(2) of the Colorado Revised Statutes (1973), or any successor statutory provision. During the progress of any work on the Leased Premises, Landlord or its representatives shall have the right to post and keep posted thereon notices such as those provided for by Sections 38-22-105(2) (C.R.S. 1973) or to take any further action which Landlord may deem to be proper for the protection of Landlord's interest in the Leased Premises.
Protection Against Liens. Borrower and Manager shall pay and discharge or bond all claims for labor, materials and services furnished in connection with construction of the Required Improvements, diligently file a valid notice of completion upon completion of the Required Improvements, diligently file a valid notice of cessation in the event of a cessation of labor for a period of 30 days or more, and take all actions reasonably required to prevent the assertion of claims of Liens against the Property. Borrower and Manager irrevocably appoint, designate and authorize Lender as their agent (such agency being coupled with an interest) with the authority (but no obligation) to file any notice of completion or cessation of labor or any other notice relating to claims of Liens that Lender deems advisable to protect its interests under the Loan Documents. If any stop notice or claim is asserted against Lender by any Person furnishing labor, services, equipment or materials to the Required Improvements, upon demand by Lender, Borrower or Manager shall take such action as Lender may reasonably require to release Lender from any obligation or liability with respect to such stop notice or claim, including (i) if the claim is being contested in good faith by appropriate proceedings, obtaining a bond or other security, in form, substance and amount reasonably satisfactory to Lender, or (ii) payment of such claim. If either Borrower or Manager fails to take such action, Lender may, in its discretion, file an interpleader action requiring all claimants to interplead and litigate their respective claims, and in any such action Lender shall be released and discharged from all obligations with respect to any funds deposited in court.
