Contest of Lien. If Tenant desires to contest the claim of any mechanics' lien, Tenant shall (i) either post a release bond issued by a responsible corporate surety as prescribed by law, or furnish Landlord with adequate security for the amount of the claim plus estimated costs and interest, and (ii) promptly pay or cause to be paid any and all sums awarded to the claimant on its suit.
Contest of Lien. If Tenant shall desire to contest any claim of such mechanics' lien, it shall furnish Landlord adequate security for the value or in the amount of the claim, plus estimated costs and interest, or a bond of a responsible corporate surety in such amount, conditioned on the discharge of the lien. If a final judgment establishing the validity or existence of a lien for any amount is entered, Tenant shall immediately pay and satisfy the same.
Contest of Lien. If Tenant in good faith wishes to contest the amount or validity of any lien, then Tenant shall have the right to do so; provided that (a) Tenant shall first provide Landlord with at least ten (10) Business Days’ written notice prior to any such contest, (b) Tenant shall first record a surety bond sufficient to release such lien; and (c) Tenant shall cause the Contest Conditions to remain satisfied during such contest.
Contest of Lien. If Xxxxxx contests any lien filed against the Premises, it shall furnish a bond, surety, undertaking or other security in connection therewith as required by law, or as requested by and satisfactory to County, to stay such proceeding, which bond, surety, undertaking or other security shall be sufficient to cause the lien to be insured against by the Title Company or removed as a lien against the Premises. If a final judgment establishing the validity or existence of a lien for any amount is entered, Xxxxxx shall immediately pay and satisfy the judgment. 19
Contest of Lien. If Tenant shall desire to contest any claim of lien, it shall furnish Landlord adequate security in the amount of one and one-half the amount of the claim plus estimated costs and interest, or a bond of a responsible corporate surety in such amount as is prescribed by statute to release the lien. If a final judgment establishing the validity or existence of a lien for any amount is entered, Tenant shall pay and satisfy the same within ten days following entry of such judgment. If Tenant shall be in Default in paying any charge for which a mechanics' lien claim and suit to foreclose the lien have been filed, and shall not have given Landlord security to protect the Premises and Landlord against such claims of lien, then Landlord may, but shall not be obligated to, pay the claim and any costs, and the amount so paid, together with reasonable attorneys' fees incurred in connection therewith, shall be immediately due and owing from Tenant to Landlord, and Tenant agrees to and shall pay the same with interest. Tenant's failure to so reimburse Landlord within ten days following Tenant's receipt of Landlord's written demand therefor shall constitute a material breach this Lease.
Contest of Lien. If Developer in good faith wishes to contest the amount or validity of any lien (other than any lien with respect to taxes), then Developer shall have the right to do so; provided that (a) Developer shall first provide Port District with at least ten (10) Business Days’ written notice prior to any such contest, (b) Developer shall first record a surety bond sufficient to release such lien; and (c) Developer shall cause the following conditions to remain satisfied during such contest:
Contest of Lien. If RIDA in good faith wishes to contest the amount or validity of any lien (other than any lien with respect to taxes), then RIDA shall have the right to do so; provided that (a) RIDA shall first provide the City with at least ten (10) Business Days’ written notice prior to any such contest, (b) RIDA shall first record a surety bond sufficient to release such lien; and (c) RIDA shall cause the following conditions to remain satisfied during such contest:
Contest of Lien. If Lessee shall desire to contest any lien filed against the Premises, it shall, at the option of the Director of Airports, furnish County, within the ten-day period following filing of the lien, security reasonably satisfactory to County of at least one hundred fifty percent (150%) of the amount of the lien, plus estimated costs and interest, or a bond of a responsible corporate surety in such amount, conditioned on the discharge of the lien. If a final judgment establishing the validity or existence of a lien for any amount is entered, Lessee shall immediately pay and satisfy the same.
Contest of Lien. If Tenant desires to contest any mechanics’ lien claim it shall (a) either (i) post a mechanics’ lien release bond issued by a responsible corporate surety in an amount and in a manner sufficient to satisfy statutory requirements for the release of such mechanics’ lien in the state where the Premises are located or
Contest of Lien. 19 9.4. Landlord's Right to Cure.................................. 19 9.5 Posting................................................... 20 9.6. Landlord Does Not Consent................................. 20
