Examples of Lien claimant in a sentence
By accepting its interest in the Trust Estate, each and every junior Lien claimant shall be deemed to have acknowledged the possibility of, and consented to, any such release.
If Contractor fails to release and discharge any Lien against the property or premises of CP within five (5) days of receiving notice from CP, CP may, at its option, take any and all steps to discharge or release the Lien, or otherwise deal with the Lien claimant, and Contractor shall pay CP any and all costs and expenses of CP in so doing, including reasonable legal fees and expenses incurred by CP.
If Supplier fails to release and discharge any Lien against the property of CPR within five (5) business days of receiving notice from CPR, CPR may, at its option, discharge or release the Lien, or otherwise deal with the Lien claimant, and Supplier shall pay CPR any and all costs and expenses of CPR in so doing, including reasonable legal fees and expenses incurred by CP.
If Proponent fails to release and discharge any Lien against the property or premises of CPR within five (5) days of receiving notice from CPR, CPR may, at its option, take any and all steps to discharge or release the Lien, or otherwise deal with the Lien claimant, and Proponent shall pay CPR any and all costs and expenses of CPR in so doing, including reasonable legal fees and expenses incurred by CPR.
By accepting its interest in the Trust Property, each and every junior Lien claimant shall be deemed to have acknowledged the possibility of, and consented to, any such release.