TITLE AND COVENANT AGAINST LIENS. Landlord's title is and always shall be paramount to the title of Tenant and nothing contained in this Lease shall empower Tenant to do any act which can, shall or may encumber the title of Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the Premises, the Building, the Land or against Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to pay and remove same immediately. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law or otherwise, to attach to or to be placed upon the Premises, the Building or the Land, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's interest in the Premises. If any such liens so attach and Tenant fails to pay and remove or bond over the same within thirty (30) days, Landlord, at its election, may pay and satisfy the same and in such event the sums so paid by Landlord, with interest from the date of payment at the rate set forth in Section 28.08 for amounts owed Landlord by Tenant. Such sums shall be deemed to be additional rent due and payable by Tenant at once without notice or demand.
Appears in 2 contracts
Samples: Office Lease (May & Speh Inc), Office Lease (May & Speh Inc)
TITLE AND COVENANT AGAINST LIENS. Landlord's title is and always shall be paramount to the title of Tenant and nothing contained in this Lease shall empower Tenant to do any act which can, shall or may encumber the title of Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the Premises, the Building, the Land or against Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to pay and remove same immediately. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law or otherwise, to attach to or to be placed upon the Premises, the Building or the Land, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's interest in the Premises. If any such liens so attach and Tenant fails to pay and remove or bond over the same within thirty ten (3010) days, Landlord, at its election, may pay and satisfy the same and in such event the sums so paid by Landlord, with interest from the date of payment at the rate set forth in Section 28.08 for amounts owed Landlord by Tenant. Such sums shall be deemed to be additional rent due and payable by Tenant at once without notice or demand.
Appears in 2 contracts
Samples: Lease Agreement (Autocam International LTD), Lease (Autocam International LTD)
TITLE AND COVENANT AGAINST LIENS. The Landlord's title is and always shall be paramount to the title of the Tenant and nothing contained in this Lease contained shall empower the Tenant to do any act which can, shall shall, or may encumber the title of the Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the PremisesReal Property, the Land, the Building, or the Land Premises or against the Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to immediately pay and remove same immediatelysame. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law law, or otherwise, to attach to or to be placed upon the Real Property, Land, Building, or Premises, the Building or the Land, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's interest in the Premises. If any such liens so attach and Tenant fails to pay and remove or bond over the same within thirty fifteen (3015) days, Landlord, at its election, may pay and satisfy the same and in such event the sums so paid by Landlord, with interest from the date of payment at the rate set forth in Section 28.08 27(i) hereof for amounts owed Landlord by Tenant. Such sums shall be deemed to be additional rent due and payable by Tenant at once without upon receipt of notice or demand.
Appears in 2 contracts
Samples: Office Lease (Hewitt Associates Inc), Office Lease (Hewitt Holdings LLC)
TITLE AND COVENANT AGAINST LIENS. Landlord's ’s title is and always shall be paramount to the title of Tenant and nothing contained in this Lease contained shall empower Tenant to do any act which can, shall or may encumber the title of Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen material men to be placed upon or against the Premises, the Building, the Land or against Tenant's ’s leasehold interest in the Premises and, in case of any such lien attaching, to immediately pay and remove same immediatelysame. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law or otherwise, to attach to or to be placed upon the Premises, the Building or the Land, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's ’s interest in the Premises. If any such liens so attach and Tenant fails to pay and remove or bond over the same within thirty ten (3010) calendar days, Landlord, at its election, may pay and satisfy the same and in such event the sums so paid by Landlord, with interest from the date of payment at the default rate set forth in Section 28.08 for amounts owed Landlord by Tenant. Such sums shall be deemed to be additional rent due and payable by Tenant at once without notice or demand.
Appears in 2 contracts
Samples: Lease Agreement, Industrial Building Lease Agreement (Entorian Technologies Inc)
TITLE AND COVENANT AGAINST LIENS. Landlord's title is and always shall be paramount to the title of Tenant and nothing contained in this Lease lease contained shall empower Tenant to do any act which can, shall or may encumber the title of Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the Premises, Real Property any portion thereof including the Building, the Land Premises or against Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to immediately pay and remove same immediatelysame. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law or otherwise, to attach to or to be placed upon the PremisesReal Property, the Land, Building or the LandPremises, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's interest in the Premises. If any such liens created, caused or permitted by Tenant so attach and Tenant fails to pay and remove or bond over the same within thirty ten (3010) days, Landlord, at its election, may pay and satisfy the same and in such event the sums so paid by Landlord, shall be due and payable by Tenant upon demand, with interest from the date of payment at the rate set forth in Section 28.08 26(i) hereof for amounts owed Landlord by Tenant. Such sums shall be deemed to be additional rent due and payable by Tenant at once without notice or demand.
Appears in 1 contract
Samples: Office Lease (Mypoints Com Inc)
TITLE AND COVENANT AGAINST LIENS. Landlord's Xxxxxxxx’s title is and always shall be paramount to the title of Tenant Tenant, and nothing contained in this Lease contained shall empower Tenant to do any act which can, shall or may encumber the title of Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the Premises, the Building, the Land Premises or against Tenant's Xxxxxx’s leasehold interest in the Premises and, in case of any such lien attaching, to immediately pay and remove same immediatelysame. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law or otherwise, to attach to or to be placed upon the Premises, the Building or the Land, Premises and any and all liens and encumbrances created by Tenant shall attach only to Tenant's ’s interest in the Premises. If any such liens so attach and Tenant Xxxxxx fails to pay and remove or bond over the same within thirty fifteen (3015) days, Landlord, at its election, may pay and satisfy the same same, and in such event the sums so paid by Landlord, Landlord shall accrue with interest from the date of payment at the rate Default Rate (as set forth in Section 28.08 Article 30.8 hereof) for amounts owed Landlord by TenantXxxxxx. Such sums shall be deemed to be additional rent due and payable by Tenant at once without notice or demand.
Appears in 1 contract
TITLE AND COVENANT AGAINST LIENS. LandlordXxxxxxxx's title is and always shall be paramount to the title of Tenant Tenant, and nothing contained in this Lease contained shall empower Tenant to do any act which can, shall or may encumber the title of Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the Leased Premises, the Building, the Land or against Tenant's leasehold interest in the Leased Premises and, in case of any such lien attaching, to immediately bond over or pay and remove same immediatelysame. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law or otherwise, to attach to or to be placed upon the Leased Premises, the Building or the Land, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's interest in the Leased Premises. If any such liens so attach and Tenant Xxxxxx fails to bond over or pay and remove or bond over the same within thirty Ten (3010) days, then Landlord, at its election, may pay and satisfy the same same, and in such event the sums so paid by Landlord, Landlord shall accrue with interest from the date of payment at the rate set forth in Section 28.08 28.8 hereof for amounts owed Landlord by Tenant. Such sums shall be deemed to be additional rent due and payable by Tenant at once without notice or demandAdditional Rent.
Appears in 1 contract
TITLE AND COVENANT AGAINST LIENS. The Landlord's title is and always shall be paramount to the title of to the Tenant and nothing contained in this Lease contained shall empower the Tenant to do any act which can, shall or may encumber the title of the Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the PremisesProperty, the Building, or the Land Premises or against the Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to immediately pay and remove same immediatelysame. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law or otherwise, to attach to or to be placed upon the PremisesProperty, the Building or the LandPremises, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's interest in the Premises. If any such liens created, caused or permitted by Tenant so attach and Tenant fails to pay and remove or bond over the same within thirty ten (3010) business days, Landlord, at its election, may pay and satisfy the same and in such event the sums so paid by Landlord, with interest from the date of payment at the rate set forth in Section 28.08 Default Rate for amounts owed Landlord by Tenant. Such sums Tenant shall be deemed to be additional rent Additional Rent due and payable by Tenant at once without notice or demand.
Appears in 1 contract
Samples: Office Lease (Universal Access Inc)
TITLE AND COVENANT AGAINST LIENS. Landlord's title is and always shall be paramount to the title of Tenant Tenant, and nothing contained in this Lease contained shall empower Tenant to do any act which can, shall or may encumber the title of Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the Premises, the Building, the Land or against the Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to immediately pay and remove same immediatelysame. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law or otherwise, to attach to or to be placed upon the Premises, the Building or the Land, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's interest in the Premises. If any such liens so attach and Tenant fails to pay and remove or bond over the same within thirty ten (3010) daysdays after written demand by Landlord, such failure shall be an event of Default hereunder, and Landlord, at its election, may pay and satisfy the same same, and in such event the sums so paid by Landlord, with interest from the date of payment at the rate set forth in Section 28.08 27(h) hereof for amounts owed Landlord by Tenant. Such sums , shall be deemed to be additional rent Additional Rent due and payable by Tenant at once without immediately upon written notice or demandfrom Landlord.
Appears in 1 contract
Samples: Office Lease (Excal Enterprises Inc)
TITLE AND COVENANT AGAINST LIENS. Landlord's title is and always shall be paramount to the title of Tenant Tenant, and nothing contained in this Lease contained shall empower Tenant to do any act which can, shall or may encumber the title of Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the Premises, the Building, the Land Premises or against Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to pay and remove same immediatelyPremises. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law or otherwise, to attach to or to be placed upon the Premises, the Building or the Land, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's interest in the Premises. If any such liens so attach and Tenant fails to bond over to Landlord's satisfaction or pay and remove or bond over the same within thirty ten (3010) days, then Landlord, at its electionelection with prior notice to Tenant, may pay and satisfy the same same, and in such event the sums so paid by Landlord, Landlord shall accrue with interest from the date of payment at the rate set forth in Section 28.08 29.8 hereof for amounts owed Landlord by Tenant. Such sums shall be deemed to be additional rent due and payable by Tenant at once without notice or demandAdditional Rent.
Appears in 1 contract
Samples: Industrial Building Lease (Hardie James Industries Nv)