Common use of Removal of Lien Clause in Contracts

Removal of Lien. (a) Borrower shall, at its expense, maintain this Security Instrument as a first lien on the Property and shall keep the Property free and clear of all liens and encumbrances of any kind and nature other than the Permitted Encumbrances. Borrower shall, within ten (10) days following the filing thereof, promptly discharge of record, by bond or otherwise, any such liens and, promptly upon request by Lender, shall deliver to Lender evidence reasonably satisfactory to Lender of the discharge thereof.

Appears in 7 contracts

Samples: Agreement of Consolidation and Modification (Morgans Hotel Group Co.), Pebblebrook Hotel Trust, Pebblebrook Hotel Trust

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Removal of Lien. (a) Borrower shall, at its expense, maintain this Security Instrument as a first lien on the Property and shall keep the Property free and clear of all liens and encumbrances of any kind and nature other than the Permitted Encumbrances. Borrower shall, within ten thirty (1030) days following the filing thereofreceipt of knowledge of any lien, promptly discharge of record, by bond or otherwise, any such liens and, promptly upon request by Lender, shall deliver to Lender evidence reasonably satisfactory to Lender of the discharge thereof.

Appears in 6 contracts

Samples: Ashford Hospitality Trust Inc, Mortgage, Security Agreement (Ashford Hospitality Trust Inc), Ashford Hospitality Prime, Inc.

Removal of Lien. (a) Borrower shall, at its expense, maintain this Security Instrument as a first lien on the Property and shall keep the Property free and clear of all liens and encumbrances of any kind and nature other than the Permitted Encumbrances. Borrower shall, within ten twenty (1020) days following the filing thereof, promptly discharge of record, by bond or otherwise, any such liens and, promptly upon request by Lender, shall deliver to Lender evidence reasonably satisfactory to Lender of the discharge thereof.

Appears in 3 contracts

Samples: Grubb & Ellis Co, Grubb & Ellis Co, Grubb & Ellis Co

Removal of Lien. (a) Borrower shall, at its expense, maintain this Security Instrument as a first lien on the Property and shall keep the Property free and clear of all liens and encumbrances of any kind and nature other than the Permitted Encumbrances. Borrower shall, within ten thirty (1030) days following the filing of being served with notice thereof, promptly discharge of record, by bond or otherwise, any such liens and, promptly upon request by LenderXxxxxx, shall deliver to Lender evidence reasonably satisfactory to Lender of the discharge thereof.

Appears in 2 contracts

Samples: U Haul International Inc, U Haul International Inc

Removal of Lien. (a) Borrower shall, at its expense, maintain this Security Instrument as a first lien on the Property and shall keep the Property free and clear of all liens and encumbrances of any kind and nature other than the Permitted Encumbrances. Borrower shall, within ten thirty (1030) days following receipt of notice of the filing thereof, promptly discharge of record, by bond or otherwise, any such liens and, promptly upon request by Lender, shall deliver to Lender evidence reasonably satisfactory to Lender of the discharge thereof.

Appears in 2 contracts

Samples: Deed Of (Lightstone Value Plus Real Estate Investment Trust, Inc.), Lightstone Value Plus Real Estate Investment Trust, Inc.

Removal of Lien. (a) Borrower shall, at its expense, maintain this Security Instrument as a first lien on the Property and shall keep the Property free and clear of all liens and encumbrances of any kind and nature other than the Permitted Encumbrances. Borrower shall, within ten forty-five (1045) days following the filing thereof, promptly discharge of record, by bond or otherwise, any such liens and, promptly upon request by Lender, shall deliver to Lender evidence reasonably satisfactory to Lender of the discharge thereof.

Appears in 1 contract

Samples: Mortgage, Security Agreement (CNL Hotels & Resorts, Inc.)

Removal of Lien. (a) Borrower shall, at its expense, maintain this Security Instrument each Mortgage as a first lien on the Property Projects encumbered thereby and shall keep the Property Projects free and clear of all liens and encumbrances of any kind and nature other than the Permitted Encumbrances. Borrower shall, within ten thirty (1030) days following the filing thereof, promptly discharge of record, by bond or otherwise, any such liens and, promptly upon request by Lender, shall deliver to Lender evidence reasonably satisfactory to Lender of the discharge thereof.

Appears in 1 contract

Samples: Loan Agreement (Mack Cali Realty Corp)

Removal of Lien. (a) Borrower shall, at its expense, maintain this Security Instrument as a first lien on the Property and shall keep the Property free and clear of all liens and encumbrances of any kind and nature other than the Permitted Encumbrances. Borrower shall, within ten (10) days Business Days following the filing thereof, promptly discharge of record, by bond or otherwise, any such liens and, promptly upon request by LenderXxxxxx, shall deliver to Lender evidence reasonably satisfactory to Lender of the discharge thereof.

Appears in 1 contract

Samples: Maguire Properties Inc

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Removal of Lien. (a) Borrower shall, at its expense, maintain this Security Instrument and the Mortgage as a first lien on the Property and shall keep the Property free and clear of all liens and encumbrances of any kind and nature other than the Permitted EncumbrancesLiens. Borrower shall, within ten thirty (1030) days following the filing thereof, promptly discharge of record, by bond or otherwise, any such liens and, promptly upon request by Lender, shall deliver to Lender evidence reasonably satisfactory to Lender of the discharge thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Etre Reit, LLC)

Removal of Lien. (a) Borrower shall, at its expense, maintain this Security Instrument as a first lien on the Property and shall keep the Property free and clear of all liens and encumbrances of any kind and nature other than the Permitted Encumbrances. Borrower shall, within ten twenty (1020) days following the filing thereof, promptly discharge of record, by bond or otherwise, any such liens and, promptly upon request by LenderXxxxxx, shall deliver to Lender evidence reasonably satisfactory to Lender of the discharge thereof.

Appears in 1 contract

Samples: Parkway Properties Inc

Removal of Lien. (a) Borrower shall, at its expense, maintain this Security Instrument as a first lien on the Property and shall keep the Property free and clear of all liens and encumbrances of any kind and nature other than the Permitted EncumbrancesEncumbrances or other encumbrances hereafter approved by Lender in writing. Borrower shall, within ten (10) days following the filing thereof, promptly discharge of record, by bond or otherwise, any such liens and, promptly upon request by Lender, shall deliver to Lender evidence reasonably satisfactory to Lender of the discharge thereof.

Appears in 1 contract

Samples: Behringer Harvard Reit I Inc

Removal of Lien. (a) Borrower shall, at its expense, maintain this Security Instrument as a first lien on the Property and shall keep the Property free and clear of all liens and encumbrances of any kind and nature other than the Permitted Encumbrances. Borrower shall, within ten (10) days following the filing thereof, promptly discharge of record, by bond or otherwise, any such liens and, promptly upon request by Lender, shall deliver to Lender evidence reasonably satisfactory to Lender of the discharge thereof.. 42

Appears in 1 contract

Samples: Pebblebrook Hotel Trust

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