Discharge Liens. Secured Party, for the benefit of the holders of the Indebtedness, in its sole and absolute discretion, without waiving or releasing any obligation, liability or duty of Debtor under this Security Agreement or otherwise, may at any time or times hereafter after the occurrence and during the continuation of an Event of Default, but shall be under no obligation to pay, acquire and/or accept an assignment of any security interest, lien, encumbrance or claim asserted by a person against the Collateral. All sums paid by Secured Party in respect thereof and all reasonable costs, fees and expenses, including reasonable attorneys’ fees, court costs, expenses and other charges relating thereto incurred by Secured Party on account thereof shall be payable by the Debtors to Secured Party.
Discharge Liens. In order to protect or perfect any security interest --------------- which Bank is granted hereunder, Bank may, in its sole discretion, discharge any lien or encumbrance or bond the same, pay any insurance, maintain guards, warehousemen, or any personnel to protect the Collateral, pay any service bureau, or, obtain any records, and all costs for the same shall be added to the Obligations and shall be payable on demand.
Discharge Liens. Discharge immediately, or make other arrangements acceptable to the Agent Lender (including, without limitation, bonding off or insuring over any such Lien) with respect to, any mechanic’s, materialman’s or other Lien filed against any Project, or any other Lien against any Collateral, within thirty (30) days after the date the Borrower receives notice of such Lien.
Discharge Liens. Secured Party, in its sole and absolute discretion, without waiving or releasing any obligation, liability or duty of Debtor under this Agreement or otherwise, may at any time or times hereafter, but shall be under no obligation to pay, acquire and/or accept an assignment of any security interest, lien, encumbrance or claim asserted by a person against the Collateral. All sums paid by Secured Party in respect thereof and all costs, fees and expenses, including reasonable attorneys’ fees, court costs, expenses and other charges relating thereto incurred by Secured Party on account thereof shall be payable by Debtor to Secured Party; and
Discharge Liens. In order to protect or perfect any security interest which Bank is granted hereunder, Bank may, in its reasonable discretion, after having given Borrower a reasonable opportunity to discharge any lien or encumbrance or bond the same and so long as such lien or encumbrance would not materially impact the Collateral as determined by Bank in its reasonable discretion, discharge any lien or encumbrance or bond the same, pay any insurance, maintain guards, warehousemen, or any personnel to protect the Collateral, pay any service bureau, or, obtain any records, and all costs for the same shall be added to the obligations of Borrower and shall be payable on demand provided Bank furnishes Borrower with an invoice which describes such costs in reasonable detail and copies of appropriate supporting documentation.
Discharge Liens. Promptly cause to be discharged from title to the Other Parcel any lien, charge or encumbrance that may be registered against title to the Other Parcel arising out of the exercise of the Owner's easement rights hereunder.
Discharge Liens. Borrower and each Guarantor will discharge promptly any Lien, other than Permitted Liens, that may either arise by operation of law or otherwise without the active conduct of Borrower or any Guarantor.
Discharge Liens. The Tenant shall use its best efforts to ensure that no claim of lien shall be filed in respect of any work which may be carried out by it or on its behalf in the Premises or the Market, and if a claim of lien shall be filed in respect of any such work the Tenant shall take all necessary steps to have the claim of lien cancelled and discharged from title to the Market within 15 days of the date the Tenant has knowledge of such filing, and the Tenant shall indemnify and save harmless the Landlord from any and all loss, cost, expense, damage, and liability in respect of such claim of lien. The Landlord, in addition to any right or remedy, shall have the right, but shall not be obliged, to discharge any claim of lien from title to the Market by paying the amount claimed to be due or by procuring a discharge of such liens by deposit in the appropriate court, and in any such event the Landlord shall be entitled, if it so acts, to expedite the prosecution of any action for the enforcement of such claim of lien by the lien claimant and to pay the amount of the judgment, if any, in favour of the lien claimant with interest and costs. In any such event the Tenant shall forthwith pay to and reimburse the Landlord for all money expended by the Landlord and all costs and expenses incurred by the Landlord.
Discharge Liens. As of the Closing Date, Seller will have paid and discharged all Liens (except the Permitted Liens), taxes, assessments, excises, levies and judgments, for which it is obligated and which are then due and payable. At the Closing, at the expense of Buyer and Seller to be shared equally, Seller shall provide federal, state and local tax, judgement and UCC Lien Searches in each county where the Assets are located, including Xxxxx and Coleman Counties, Texas, and the Secretary of State of Texas showing there are no liens except the Permitted Liens. 3.11
Discharge Liens. As collateral security for the due payment by the Tenant of Rent and the punctual performance of its obligations under this Lease, the Tenant hereby charges by way of a fixed and specific charge in favour of the Landlord, by the Tenant, all of the interest and title of the Tenant in and to all of the personal property of the Tenant on or in the Premises, owned or held at the Commencement Date or after- acquired. When requested to do so, the Tenant shall execute and deliver to the Landlord a security agreement in form and content satisfactory to the Landlord. If the Tenant is in default under this Lease, in addition to its other rights and remedies, the Landlord shall have all the rights and remedies of a secured party under the relevant legislation. Except on the terms consented to in writing by the Landlord, the Tenant shall own all trade fixtures, equipment and merchandise in or on the Premises and shall not create or grant any mortgage, conditional sale agreement, security under section 427 of the Bank Act or under the Personal Property Security Act or other encumbrances (collectively, “Charge”) in respect of its trade fixtures, equipment, goods, merchandise or any Fixture in the Premises or permit any notice pursuant to section 49 of the Personal Property Security Act to be filed against title to the Building or grant any further Charge to a third party or in priority to the rights of the Landlord. If any such event Occurs, at its cost, the Tenant shall procure the discharge of any such notice or Charge within seven (7) days after the Tenant becomes aware thereof, by payment or in such other manner as may be required or permitted by law, failing which the Landlord may procure the discharge thereof at the Tenant’s cost, collectable as Rent, notwithstanding that the Tenant may subsequently establish that any such notice or Charge, so discharged. was without merit, excessive or subject to any abatement, set-off or defence.
