Liens and Charges. Customer hereby agrees to ensure that the Equipment shall at all times be kept free from any lien, charge or encumbrance of any kind, except those created by or through IBM.
Liens and Charges. 4.5.1 Client hereby undertakes in favour of IGF to ensure that:
i) Products at all times will be kept free from any lien, charge or encumbrance of any kind, and
ii) no mortgage, charge, assignment or any other security interest whatsoever over or in respect of the Products shall be created.
Liens and Charges. Licensee shall promptly pay and discharge any and all liens arising out of any construction, alterations or repairs done, suffered or permitted to be done by Licensee on the Premises. Licensor is hereby authorized to post any notices or take any other action upon or with respect to the Premises that is or may be permitted by law to prevent the attachment of any such liens to the Premises; provided, however, that failure of Licensor to take any such action shall not relieve Licensee of any obligation or liability under this Section 21 or any other Section of this License.
Liens and Charges. The Operating Company shall, at all times, keep the equipment free from all levies, liens and encumbrances whatsoever and shall pay all licence fees, registration fees and assessments, charges and taxes, in accordance with the Annual Operating Agreement, which may be now or hereafter imposed directly upon the ownership, leasing, rent, possession or use of the equipment. If the Operating Company fails to pay any such levies, liens, encumbrances, assessments, charges or taxes, BC Transit may pay the same and in such event the costs thereof, together with interest calculated monthly at a rate equivalent to the prime rate established by The Royal Bank of Canada on the first day of each month, plus two (2%) percent per annum, shall forthwith be due and payable by the Operating Company to BC Transit. Non-payment of such costs by the Operating Company to BC Transit forthwith upon demand by BC Transit shall be deemed to be a default under this Lease Agreement.
Liens and Charges. 8.1 For each Equipment under Agreement, Xxxxxx hereby agrees to ensure that the Equipment shall at all times be kept free from any lien, charge or encumbrance of any kind, except those created by or through Lessor.
Liens and Charges. Borrower hereby agrees to ensure that the Equipment shall at all times be kept free from any lien, charge or encumbrance of any kind, except those created by or through Lender.
Liens and Charges. Grantor will pay when due the claims of all Persons supplying labor or materials at the request of or with authorization from Grantor to or in connection with the Premises. Without waiving the restrictions of Section 5.17 (Restrictions on Transfer or Encumbrance of the Premises) hereof, Grantor will promptly discharge any lien or other charge, whether superior or inferior to this Deed of Trust, which may be claimed against the Premises. Notwithstanding the foregoing provisions of this paragraph, Grantor, at its own expense, may contest by appropriate legal proceedings, conducted diligently and in good faith, the amount or validity of any mechanic’s lien, but only if (i) Grantor notifies Beneficiary in writing at least ten (10) days in advance of the expected commencement of such proceedings, (ii) no portion of the Premises is in danger of being sold or forfeited by virtue of, or during the duration of, such proceedings, (3) if required by Beneficiary, Grantor deposits with Beneficiary reserves sufficient to pay the contested mechanic’s lien in full, plus any interest and costs that may be assessed or recoverable in connection therewith, through the proceedings or otherwise, and (4) Grantor furnishes whatever additional security is required in the proceedings or is reasonably requested by Beneficiary in connection with allowing Gxxxxxx to commence the proceedings.
Liens and Charges. Borrower will pay when due the claims of all person supplying labor or materials to or in connection with the Property. Without waiving the restrictions of paragraph 4.1, Borrower will promptly discharge any lien other charge, whether superior or inferior to this Mortgage, which may be claimed against the Property.
Liens and Charges. Grantee shall promptly pay and discharge any and all liens arising out of any construction, alterations or repairs done, suffered or permitted to be done by Grantee on Easement Area. Grantor is hereby authorized to post any notices or take any other action upon or with respect to Easement Area that is or may be permitted by law to prevent the attachment of any such liens to Easement Area; provided, however, that failure of Grantor to take any such action shall not relieve Grantee of any obligation or liability under this Section 14 or any other Section of this Easement. Grantee shall pay when due any taxes, assessments or other charges (collectively, “Taxes”) levied or assessed upon Grantee’s Improvements by any governmental or quasi- governmental body or any Taxes levied or assessed against Grantor or the Easement Area that are attributable to Grantee’s Improvements.
Liens and Charges. Cybernet shall keep the Collateral free of liens and charges, including tax and materialmens, liens and charges. Cybernet shall defend the Collateral against all claims or demands (other than by Pequot).