Builders’ Liens Sample Clauses

Builders’ Liens. The Tenant will not suffer or permit any lien under the Builders' Lien Act or like statute to be filed against title to the Premises or Lands by reason of labour, services, or materials supplied or claimed to have been supplied to the Tenant or anyone holding any interest through or under the Tenant or anyone holding any interest through or under the Tenant during the Term. If any such lien is filed, the Tenant will procure registration of its discharge forthwith after the lien has come to the notice of the Tenant. If the Tenant desires to contest in good faith the amount or validity of any lien and has so notified the Landlord, and if the Tenant has deposited with the Landlord or with a Trustee, or paid into Court to the credit of any lien action, the amount of the lien claimed plus an amount for costs satisfactory to the Landlord, then the Tenant may defer payment of such lien claim for a period of time sufficient to enable the Tenant to contest the claim with due diligence, provided always that neither the Premises nor the Tenant's leasehold interest therein shall thereby become liable to forfeiture or sale. The Landlord may, but will not be obliged to, discharge any lien filed any time if, in the Landlord's judgement, the Premises or the Tenant's interest therein becomes liable to any forfeiture or sale, or is otherwise in jeopardy, and any amount paid by the Landlord in so doing, together with all reasonable costs and expenses of the Landlord, will be reimbursed to the Landlord by the Tenant forthwith on demand. Nothing herein contained will be deemed to authorize the Tenant, or imply consent or agreement on the part of the Landlord, to subject the Landlord's estate and interest in the Premises to any lien.
AutoNDA by SimpleDocs
Builders’ Liens. The Tenant shall pay before delinquency all costs for work done or caused to be done by the Tenant in the Premises which could result in any lien or encumbrance being placed on the Landlord’s interest in the Lands or Building or any part thereof, shall keep the title to the Lands or Building and every part thereof free and clear of any lien or encumbrance in respect of such work, and shall indemnify and hold harmless the Landlord against any claim, loss, cost, demand and legal or other expense, whether in respect of any lien or otherwise, arising out of the supply of material, services or labour for such work. The Tenant shall immediately notify the Landlord of any such lien, claim of lien or other action of which it has or reasonably should have had knowledge of and which affects the title to the Lands or Building or any part thereof, and shall cause the same to be removed within fifteen (15) days, failing which the Landlord may take such action as the Landlord deems necessary to remove the same and the entire cost thereof shall be immediately due and payable by the Tenant to the Landlord.
Builders’ Liens. The Tenant will not suffer or permit any workmen’s, materialmen’s, suppliers’ or other liens or privileges of whatever nature, to be registered against title to the Premises or any portion thereof, by reason of any work, labour, services or materials supplied or claimed to have been supplied to the Premises or to the Tenant or anyone having a right to possession of the Premises or any part thereof and should any such lien or privilege be so registered, the Tenant will discharge the same forthwith, either by payment in full of such lien or privilege or by payment into court pursuant to the Builders Lien Act or other applicable legislation, and if the Tenant fails or neglects so to do within thirty (30) days of the Tenant being made aware of such registration, the Landlord may, but without obligation so to do, pay and discharge such lien or privilege and collect such amount paid from the Tenant. The Tenant may, with the Landlord’s prior written approval, commence legal action in the name of the Landlord in order to remove such a lien or privilege provided that the Tenant will indemnify and save the Landlord harmless from all costs and expenses related thereto and will keep the Landlord informed of the progress of the claim on a regular basis and will not take any critical steps in respect thereof, including without limitation a decision to settle the claim, without the prior written approval of the Landlord and the Landlord’s Insurers.
Builders’ Liens. Seller will not, by reason of the Agreement or anything done by it or Seller’s personnel under the Agreement, acquire any rights, interest or title in Buyer’s property or the Site. Seller will not permit, directly or indirectly, any liens to attach to Buyer’s property or against the Site. Any liens filed by anyone engaged by or through Seller in connection with the Agreement will be removed by Seller within five business days of receipt of notice to do so from Buyer. If Seller fails to do so, Buyer may, in its sole discretion: (a) pay the amount of the lien into court, plus such amount as the court may order for security for costs; or (b) negotiate and settle the lien claim with the lien claimant and pay the lien claimant directly, in which case the full amount paid into court or paid to the lien claimant, as applicable, together with all costs of Buyer associated therewith, are to be deducted from any amounts due from Buyer to Seller or, if such amounts exceed the amount due, then Seller on demand shall immediately reimburse Buyer for such payment. Seller agrees to indemnify and hold harmless the Indemnified Parties from any and all Losses based on or relating to liens filed by anyone engaged by or through Seller.‌
Builders’ Liens. Seller will not, by reason of the Agreement or anything done by it or Seller’s personnel under the Agreement, acquire any rights, interest or title in Buyer’s personal or real property. Seller will not permit, directly or indirectly, any liens to attach to Buyer’s personal or real property. Any liens filed by anyone engaged by or through Seller in connection with the Agreement will be removed by Seller within five business days of receipt of notice to do so from Buyer. If Seller fails to do so, Buyer may, in its sole discretion: (a) pay the amount of the lien into court, plus such amount as the court may order for security for costs; or (b) negotiate and settle the lien claim with the lien claimant and pay the lien claimant directly, in which case the full amount paid into court or paid to the lien claimant, as applicable, together with all costs of Buyer associated therewith, are to be deducted from any amounts due from Buyer to Seller or, if such amounts exceed the amount due, then Seller on demand will immediately reimburse Buyer for such payment.‌
Builders’ Liens. 15.7.1. If the Lands are or become registered in the provincial land title system, then, prior to constructing any Improvements on the Premises, the Lessee will sign and register (as agent for the Lessor and at the sole cost of the Lessee) in the land title office a “Notice of Interest,” as that term is defined in the Builders Lien Act, S.B.C. 1997, c.45, as amended or replaced from time to time.
Builders’ Liens. 13.1. The Regional District must promptly either pay or provide security and cause the discharge of any and all liens arising out of any construction or services done or permitted to be done by the Regional District to the Premises.
AutoNDA by SimpleDocs
Builders’ Liens. The Borrower shall use commercially reasonable efforts to cause the Design-Build Contractor to comply with all applicable builders’ lien legislation and to pay or cause to be paid when due all claims and demands of contractors, subcontractors, laborers, suppliers of material, builders, workmen and others which, if unpaid, might result in the creation of a builders’ lien, prior claim, legal pledge or analogous claim against the Project or any part thereof or on the revenue, income or profits arising therefrom, unless there is a bona fide dispute and adequate security has been posted.
Builders’ Liens. TxDOT shall use commercially reasonable efforts to cause all contractors to comply with all applicable builders’ lien legislation and to pay or cause to be paid when due all claims and demands of contractors, subcontractors, laborers, suppliers of material, builders, workmen and others which, if unpaid, might result in the creation of a builders’ lien, prior claim, legal pledge or analogous claim against the Project or any part thereof or on the revenue, income or profits arising therefrom, unless there is a bona fide dispute and adequate security has been posted.
Builders’ Liens. The Licensee shall promptly discharge any builder's lien which may be filed against the title to the City parcel relating to any work or construction which it undertakes on the Licence Area, and the Licensee acknowledges that LICENSOR has or will file a notice against the title to the City parcel pursuant to Section 3 of the Builders Lien Act that LICENSOR will not be responsible for any of the work or improvements.
Time is Money Join Law Insider Premium to draft better contracts faster.