Common use of Lien-Free Basis Clause in Contracts

Lien-Free Basis. Tenant’s Contractor and agents shall perform all work on a lien-free basis. If a lien is filed or recorded against the Building or Project due to, or in any way associated with, the construction of the Tenant Improvements, Tenant agrees to have such lien released of record (in a manner and form reasonably approved by Landlord) within fifteen (15) days of Landlord’s notice to Tenant regarding same. If Tenant fails to cause the release of such lien within such fifteen (15) day period to Landlord’s satisfaction, Landlord may cause the removal of such lien, and Tenant agrees to repay Landlord for all costs and expenses incurred by Landlord to release the lien (including, but not limited to, the payment of the amount stated in the lien, any filing, processing, recording and attorneys’ fees) within thirty (30) days of Landlord’s request therefor, and such amount shall be considered Additional Rent due under the Lease. If Tenant fails to pay Landlord as aforesaid, such failure shall be deemed an uncured noticed material default under the Lease, and Landlord may pursue any remedy provided for under the Lease, at law or in equity.

Appears in 1 contract

Samples: Office Lease (Kythera Biopharmaceuticals Inc)

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Lien-Free Basis. Tenant’s Contractor and agents shall perform all work on a lien-free basis. If a lien is filed or recorded against the Building or Project due to, or in any way associated with, the construction of the Tenant Improvements, Tenant agrees to have such lien released of record (in a manner and form reasonably approved by Landlord) within fifteen five (155) days of Landlord’s notice to Tenant regarding same. If Tenant fails to cause the release of such lien within such fifteen five (155) day period to Landlord’s satisfaction, Landlord may cause the removal of such lien, and Tenant agrees to repay Landlord for all costs and expenses incurred by Landlord EXHIBIT “D” to release the lien (including, but not limited to, the payment of the amount stated in the lien, any filing, processing, recording and attorneys’ fees) within thirty ten (3010) days of Landlord’s request therefor, and such amount shall be considered Additional Rent due under the Lease. If Tenant fails to pay Landlord as aforesaid, such failure shall be deemed an uncured noticed material default under the Lease, and Landlord may pursue any remedy provided for under the Lease, at law or in equity.

Appears in 1 contract

Samples: Transfer and Substitution of Indemnitor (Hudson Pacific Properties, Inc.)

Lien-Free Basis. Tenant’s Contractor and agents shall perform all work on a lien-free basis. If a lien is filed or recorded against the Building or Project due to, or in any way associated with, the construction of the Tenant Improvements, Tenant agrees to have such lien released of record (in a manner and form reasonably approved by Landlord) within fifteen five (155) days of Landlord’s notice to Tenant regarding same. If Tenant fails to cause the release of such lien within such fifteen five (155) day period to Landlord’s satisfaction, Landlord may cause the removal of such lien, and Tenant agrees to repay Landlord for all costs and expenses incurred by Landlord to release the lien (including, but not limited to, the payment of the amount stated in the lien, any filing, processing, recording and attorneys’ fees) within thirty ten (3010) days of Landlord’s request therefor, and such amount shall be considered Additional Rent due under the Lease. If Tenant fails to pay Landlord as aforesaid, such failure shall be deemed an uncured noticed material default under the Lease, and Landlord may pursue any remedy provided for under the Lease, at law or in equity.

Appears in 1 contract

Samples: Standard Office Lease (Prospect Acquisition Corp)

Lien-Free Basis. Tenant’s 's Contractor and agents shall perform all work on a lien-free basis. If a lien is filed or recorded against the Building or Project due to, or in any way associated with, the construction of the Tenant Improvements, Tenant agrees to have such lien released of record (in a manner and form reasonably approved by Landlord) within fifteen five (155) days of Landlord’s 's notice to Tenant regarding same. If Tenant fails to cause the release of such lien within such fifteen five (155) day period to Landlord’s 's satisfaction, Landlord may cause the removal of such lien, and Tenant agrees to repay Landlord for all costs and expenses incurred by Landlord to release the lien (including, but not limited to, the payment of the amount stated in the lien, any filing, processing, recording and attorneys' fees) within thirty ten (3010) days of Landlord’s 's request therefor, and such amount shall be considered Additional Rent due under the Lease. If Tenant fails falls to pay Landlord as aforesaid, such failure shall be deemed an uncured noticed material default under the Lease, and Landlord may pursue any remedy provided for under the Lease, at law or in equity.

Appears in 1 contract

Samples: Letter and Construction Agreement (Oakley Inc)

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Lien-Free Basis. Tenant’s 's Contractor and agents shall perform all work on a lien-free basis. If a lien is filed or recorded against the Building or Project due to, or in any way associated with, the construction of the Tenant Improvements, Tenant agrees to have such lien released of record (in a manner and form reasonably approved by Landlord) within fifteen five (155) days of Landlord’s 's written notice to Tenant regarding same. If Tenant fails to cause the release of such lien within such fifteen five (155) day period to Landlord’s 's satisfaction, Landlord may cause the removal of such lien, and Tenant agrees to repay Landlord for all costs and expenses incurred by Landlord to release the lien (including, but not limited to, the payment of the amount stated in the lien, any filing, processing, recording and attorneys' fees) within thirty ten (3010) days of Landlord’s 's written request therefor, and such amount shall be considered Additional Rent due under the Lease. If Tenant fails to pay Landlord as aforesaid, such failure shall be deemed an uncured noticed material default under the Lease, and Landlord may pursue any remedy provided for under the Lease, at law or in equity.

Appears in 1 contract

Samples: Letter and Construction Agreement (Childrens Place Retail Stores Inc)

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