Right of County to Satisfy Other Liens. After the conveyance of title to the Property or any portion thereof and after Developer has had a reasonable time to challenge, cure or satisfy any liens or encumbrances on the Property or any portion thereof, the County will have the right to satisfy any such lien or encumbrances; provided, however, that nothing in this Agreement will require Developer to pay or make provision for the payment of any tax, assessment, lien or charge so long as Developer in good faith may contest the validity or amount therein and so long as such delay in payment is not subject the Property or any portion thereof to forfeiture or sale.
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Samples: Development, and Loan Agreement, Development, and Loan Agreement, Disposition and Development Agreement
Right of County to Satisfy Other Liens. After the conveyance of title to the Property or any portion thereof and after the Developer has had a reasonable time to challenge, cure or satisfy any liens or encumbrances on the Property or any portion thereof, the County will shall have the right to satisfy any such lien or encumbrances; provided, however, that nothing in this Agreement will shall require the Developer to pay or make provision for the payment of any tax, assessment, lien or charge so long as the Developer in good faith may shall contest the validity or amount therein and so long as such delay in payment is shall not subject the Property or any portion thereof to forfeiture or sale.
Appears in 1 contract
Samples: Conveyance Agreement
Right of County to Satisfy Other Liens. After the conveyance of title to the Property or any portion thereof and after the Developer has had a reasonable time to challenge, cure or satisfy any liens or encumbrances on the Property or any portion thereof, the County will have the right to satisfy any such lien or encumbrances; provided, however, that nothing in this Agreement will require the Developer to pay or make provision for the payment of any tax, assessment, lien or charge so long as the Developer in good faith may contest the validity or amount therein and so long as such delay in payment is not subject the Property or any portion thereof to forfeiture or sale.
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