Common use of Lien Claims Clause in Contracts

Lien Claims. In the event that a mechanic’s, materialman’s, or other type of lien or lien claim is filed against the Demised Premises, the Base Lessor’s interest in the Demised Premises and/or in the Base Lease, Sublessor’s interest in the Demised Premises and/or in the Base Lease and/or in this Sublease, or Sublessee’s interest in this Sublease arising or resulting from acts or omissions by Sublessee, Sublessee will promptly secure the release of the same, or if Sublessee wishes to contest any such lien or claim, Sublessee may do so, but only if Sublessee complies with the Base Lease and furnishes Sublessor with surety bonds or escrow funds sufficient in amount in Sublessor’s sole opinion to protect Sublessor’s and the Base Lessor’s interests in the Demised Premises and/or in the Base Lease and Sublessor and Sublessee’s interests in this Sublease during the pendency of such contest and to pay such lien or claim if it is found to be valid upon the conclusion of such contest (“Sublessor’s Security”). If Sublessee does not secure such release or furnish Sublessor’s Security, Sublessor may, after fifteen (15) days prior written notice to Sublessee, pay such lien or claim and secure such release, and Sublessee will be obligated to reimburse Sublessor for all sums expended by Sublessor in paying such lien or claim upon demand.