COVENANTS AGAINST LIENS. Notwithstanding xxx other provisions of this Lease, Landlord and Tenant expressly acknowledge and agree that the interest of Landlord in and to, or any part, including without limitation, the Demised Premises, shall not be subject to liens for any work, labor, services performed or materials supplied, or claimed to have been performed or supplied, or any other lien cognizable under Chapter 713, Florida Statutes (collectively herein "Liens"), by Tenant, or Tenant's contractors, subcontractors (including sub-contractors), laborers and material suppliers supplying labor and/or material for the Demised Premises (collectively herein "Contractors"). Upon the execution of this Lease, Tenant acknowledges that Landlord, at Landlord's sole option and cost, may then or thereafter record among the Public Records of Broward County, Florida the Lease or short form thereof (to which Tenant shall joint in the execution, at Landlord' s request), or such other memorandum in form and substance satisfactory to Landlord, in Landlord's reasonable discretion, setting forth the contents of this Paragraph or any other matter for the purpose of insulating the interest of Landlord from any and all such Contractor's Liens, without mitigating or otherwise affecting any other provisions of this Lease. Tenant hereby acknowledges that Landlord shall further be permitted to do or perform any act necessary or appropriate, in Landlord's sole discretion, to prevent the filing of any Lien against the Demised Premises or any part thereof. In addition to the foregoing and not in lieu thereof, Tenant shall do all things necessary to prevent the filing of any Liens against the Demised Premises or the interest of Landlord or the interest of any mortgagees or holders of any deed of trust covering the Demised Premises or any ground or underlying Landlords therein, if any, by reasons of any work, labor, services, or materials performed or supplied or claimed to have been performed or supplied to Tenant, or anyone holding the Demised Premises, or any part thereof, by, through or under Tenant. If any such Lien shall at any time be filed, Tenant shall cause the same to be vacated and canceled of record within thirty (30) days after the date of the filing thereof. If any such Lien shall be filed notwithstanding the provisions of this Paragraph, then, in addition to any other right or remedy of Landlord resulting from Tenant's said default, Landlord may, but shall not be obligated to, contest such Lien or...
COVENANTS AGAINST LIENS. If, because of any act or omission of ----------------------- Lessee, any mechanic's lien or other lien, charge or order for the payment of money shall be filed against Lessor or against the Property or improvements, Lessee shall, at its own cost and expense, cause the same to be discharged; and Lessee shall indemnify and hold harmless Lessor against and from all costs, liabilities, suits, penalties, claims and demands resulting therefrom. lessor and Lessee agree that Lessee shall have the right to contest any lien filed against the Property or the improvements thereon.
COVENANTS AGAINST LIENS. Tenant expressly covenants and agrees that it will, during the term hereof, promptly remove or release, by the posting of a bond or otherwise, as required or permitted by law, any lien attached to or upon said premises or any Tenant, and hereby expressly agrees to save and hold harmless the Landlord from or against any such lien or claim of lien. In the event any such lien does attach, or any claim of lien is made against said leased premises, which may be occasioned by any act or omission upon the part of Tenant, and shall not be thus released within 30 days after notice thereof, Landlord, in its sole discretion (but nothing herein contained shall be construed as requiring it so to do), may pay and discharge the lien and release the leased premises from any lien, and Tenant agrees to pay and reimburse Landlord upon demand for or on account of any expense which may be incurred by Landlord in discharging such lien or claim, which sum shall include interest at the legal rate, from the date such lien is paid by Landlord until the date Landlord is reimbursed by Tenant; provided, however, that if Tenant has reasonable cause to contest the validity or correctness of any such lien, it may do so and in such event no breach of this Lease shall result.
COVENANTS AGAINST LIENS. Licensee covenants and agrees that it shall not, during the term hereof, suffer or permit any lien to be attached to or upon the Licensed Premises or any part thereof by reason of any act or omission on the part of Licensee, its contractors, employees, agents, licensees, officers, suppliers, or any other persons performing any function for Licensee, and hereby agrees to save and hold harmless Licensor from or against any such lien or claim of lien. In the event that any such lien is filed, Licensee may post a bond or other adequate security to cure such default; however, any lien must be cleared within five (5) days after receipt of notice of such lien. If such lien is not cleared, Licensor in its sole discretion, may pay and discharge the same and relieve the Licensed Premises therefrom, and Licensee agrees to repay and reimburse Licensor upon demand for the amount so paid by Licensor together with interest thereon and such interest shall be at a rate which is the lower of fifteen percent (15%) per annum or the highest rate allowed by the law of the state in which the Licensed Premises is located.
COVENANTS AGAINST LIENS. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed against the Building or any part thereof, and, in the case of any such lien attaching, to immediately pay off and remove same. 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 or to be placed upon the Building or any part thereof, and any and all liens and encumbrances created by Tenant shall attach only to Tenant’s interest in the Premises.
COVENANTS AGAINST LIENS. Tenant hereby covenants and agrees that it will not cause or permit any lien (including, without limitation, the filing of any mechanic’s lien) to be filed or asserted against the Leased Premises as a result of any act or omission of Tenant or any member of the Tenant Group. In the event any such lien or notice of lien is filed, Tenant shall, within twenty (20) days of receipt of notice from Landlord of the filing of the lien, contest such lien as permitted by law if such contest is sufficient alone to prevent the lien from maturing, or contest said lien as permitted by law and bond or insure over said lien, or fully discharge the lien by settling the claim which resulted in the lien or by bonding or insuring over the lien in the manner prescribed by applicable law. If Tenant fails to so contest and/or discharge the lien, then, in addition to any other right or remedy of Landlord, Landlord may bond or insure over the lien or otherwise discharge the lien. Tenant shall reimburse Landlord for any amount paid by Landlord to bond or insure over the lien or discharge the lien, including without limitation reasonable attorney’s fees, within fifteen (15) days of receipt of invoice therefor. Any rights and obligations created under or by this Section 19 shall survive termination or expiration of this Lease.
COVENANTS AGAINST LIENS. (a) Tenant shall not do any act, nor make any contract which may create any lien or other encumbrance upon all or any part of the Premises, nor permit nor suffer same, on account of work performed or materials supplied or furnished for or to Tenant or the Premises. If, because of any act or omission (or alleged act or omission) of Tenant, any mechanic's or other lien or
COVENANTS AGAINST LIENS. Sublessee covenants and agrees that it shall not, during the term hereof, suffer or permit any lien to be attached to or upon the Subleased Premises or any part thereof by reason of any act or omission on the part of Sublessee, its contractors, employees, agents, licensees, officers, suppliers, or any other persons performing any function for Sublessee, and hereby agrees to save and hold harmless Sublessor from or against any such lien or claim of lien. The attachment of a lien is an event of default by Sublessee. In the event that any such lien is filed, Sublessee may post a bond or other adequate security to cure such default; however, any lien must be cleared within five (5) days after receipt of notice of such lien. If such lien is not cleared, Sublessor in its sole discretion, may pay and discharge the same and relieve the Subleased Premises therefrom, and Sublessee agrees to repay and reimburse Sublessor upon demand for the amount so paid by Sublessor together with interest thereon and such interest shall be at a rate which is the lower of fifteen percent (15%) per annum or the highest rate allowed by the law of the state in which the Subleased Premises is located.
COVENANTS AGAINST LIENS. (a) Tenant shall not do any act, nor make any contract which may create any lien or other encumbrance upon all or any part of the Premises, nor permit nor suffer same, on account of work performed or materials supplied or furnished for or to Tenant or the Premises. if, because of any act or omission (or alleged act or omission) of Tenant, any mechanic's or other lien or encumbrance shall be filed against all or any part of the Premises, whether or not such lien or encumbrance is valid or enforceable as such, Tenant, at its sole cost and expense, shall cause same to be discharged of record or bonded within ten (10) days after notice to Tenant of the filing thereof; and Tenant shall indemnify and save harmless Landlord and Overlandlord against and from all damages, costs, liabilities, suits, penalties, claims and demands, including reasonable counsel fees,
COVENANTS AGAINST LIENS. The Lessee shall have no right to subject (or suffer to be subjected) the Premises or the interest of the Lessor or the Lessee in the Premises to any liens (including, without limitation, mechanic’s liens with respect to any improvements caused to be placed on the Premises by the Lessee). The Lessee shall satisfy or transfer any such lien to a bond within Ten (10) days after the Lessee is notified of such lien. The provisions of this Section shall survive the expiration or earlier termination of this Lease.
