Landlord Mechanic's Liens Sample Clauses
Landlord Mechanic's Liens. Landlord may not permit any mechanic's liens, materialmen's liens or other liens to be placed upon the Premises for any work performed by or at the request of Landlord, or any assignee, sublessee or licensee of Landlord. If any such lien is attached to the Premises and not discharged by payment, bonding or otherwise within 60 days after notice from Tenant to Landlord, then, in addition to any other right or remedy of Tenant, Tenant may, but is not obligated to, discharge the same. Any amount paid by Tenant for the aforesaid purpose will at the election of Tenant either (i) be paid by Landlord to Tenant on demand and will bear interest at the Default Rate from the date paid by Tenant until reimbursed by Landlord, (ii) be deducted from the Base Rent payable by Tenant under this Lease, or (iii) be deducted by Tenant from the purchase price to be paid by Tenant in connection with any exercise of the Purchase Option.
