Common use of Contesting Liens Clause in Contracts

Contesting Liens. If Developer desires to contest any such lien as described in Section 8.1, it shall notify the City of its intention to do so within thirty (30) days after the filing of such lien. In such case, Developer, at Developer’s sole cost and expense, shall protect the City by a good and sufficient bond against any such lien and any cost, liability or damage arising out of such contest. The lien, if Developer timely provides the bond described above, shall not be an Developer Event of Default hereunder until thirty (30) days after the final determination of the validity thereof provided that, within that time, Developer shall satisfy and discharge such lien to the extent held valid; provided, however, that the satisfaction and discharge of any such lien shall not, in any case, be delayed until execution is had on any judgment rendered thereon, or else such delay shall be considered to be a monetary Developer Event of Default hereunder. In the event of any such contest, Developer shall protect and indemnify the City against all loss, expense and damage resulting therefrom as provided in Section 8.3.