Common use of Lien Indemnity Clause in Contracts

Lien Indemnity. Supplier shall keep the Project Site, Owner’s property, and any funds held by Owner free of any liens (including stop notices) of Supplier, and any SubSupplier. Should any such lien be asserted, Owner may, in its sole discretion (i) require Supplier, at Supplier’s expense, to furnish an appropriate bond or title indemnity in the amount of one hundred fifty percent (150%) of the lien; and/or (ii) withhold funds otherwise due Supplier equal to one hundred fifty percent (150%) of the lien amount to assure payment of such liens.‌‌