LIENS BY TENANT Sample Clauses

LIENS BY TENANT. In no event shall Tenant have the right to create or permit there to be established any lien or encumbrance of any nature against the Premises or the Building for any improvement or improvements by Tenant, and Tenant shall fully pay the cost of any improvement or improvements made or contracted for by Tenant. Any mechanic's lien filed against the Premises or the Building for work claimed to have been done, or materials claimed to have been furnished to Tenant, shall be duly discharged by Tenant within ten (10) days after the filing of the lien.
AutoNDA by SimpleDocs
LIENS BY TENANT. Tenant shall keep the Premises free from any liens arising out of any work performed, materials furnished, or obligations incurred by or for Tenant. In the event that Tenant shall not, within fifteen (15) days following the imposition of any such lien, cause the same to be released of record by payment or posting of a proper bond, Landlord shall have, in addition to all other remedies provided herein and by law, the right but not the obligation, to cause the same to be released by such means as it shall deem proper, including payment of or defense against the claim giving rise to such lien. All sums paid by Landlord and all expenses incurred by it in connection therewith shall create automatically an obligation of Tenant to pay, on demand, an equivalent amount together with interest at a rate of the Prime Rate (as defined in the Lease Administration Agreement) plus two percent (2%) per annum as Rent. No work which Landlord permits Tenant to perform in the Premises shall be deemed to be for the immediate use and benefit of Landlord so that no mechanics or other lien shall be allowed against the estate of Landlord by reason of its consent to such work.
LIENS BY TENANT. Tenant shall keep the Premises and the real estate of which the Premises forms a part free from any liens arising out of any work performed, materials furnished, or obligations incurred by Tenant. In the event that Tenant shall not, within five (5) days following the imposition of any such lien, cause the same to be released of record by payment or bonding over said Lien, Landlord shall have in addition to all other remedies provided herein and by law, the right but not the obligation to cause the same to be released by such means as it shall deem proper. All sums paid by Landlord and all expenses incurred by it in connection therewith shall automatically create an obligation of Tenant to pay, on demand, an equivalent amount times two to Landlord.
LIENS BY TENANT. Tenant shall keep the Premises, the Building and the real estate of which the Building forms a part free from any liens arising out of any work performed by, materials furnished to, or obligations incurred by Tenant In the event any such lien is imposed against the Premises or Building and if Tenant does not cause the lien to be released within 10 days following the imposition of any such lien, Landlord may cause the same to be released by such means as it shall deem proper. All sums paid by Landlord and all expenses incurred by it in connection therewith shall automatically create an obligation of Tenant to pay, on demand, an equivalent amount times 150%. No work which Landlord permits Tenant to perform shall be deemed to be for the immediate use and benefit of Landlord, and no mechanic's or other lien shall be allowed against the estate of Landlord by reason of its consent to such work.
LIENS BY TENANT. In no event shall Tenant have the right to create or permit there to be established any lien or encumbrance of any nature against the Premises or the Building for any improvement or improvements by Tenant, and Tenant shall fully pay the cost of any improvement or improvements made or contracted for by Tenant. In addition, Tenant may not pledge as security for a loan any of the leasehold improvements (including any fixtures or accessories to fixtures on the Premises) to the extent paid for with the TI Allowance. Any mechanic’s lien filed against the Premises or the Building for work claimed to have been done at the request of Tenant, or materials claimed to have been furnished to Tenant, shall be duly discharged by Tenant within ten days after the filing of the lien. Notwithstanding the foregoing, Tenant shall give Landlord immediate written notice of the placing of any lien or encumbrance against the Premises, Building or Land. In the event that Tenant shall not, within ten days following notification to Tenant of the imposition of any such lien, cause the same to be released of record by payment or the posting of a bond in amount, form and substance acceptable to Landlord, Landlord shall have, in addition to all other remedies provided herein and by law, the right but not the obligation, to cause the same to be released by such means as it shall deem proper, including payment of or defense against the claim giving rise to such lien.
LIENS BY TENANT. Tenant will not permit any mechanic’s lien(s) or other liens to be placed upon the Premises, the Building or Tenant’s interest in this Lease and nothing in this Lease shall be deemed or construed in any way as constituting the consent or request of Landlord, express or implied, by inference or otherwise, to any person for the performance of any labor or the furnishing of any materials to the Premises, or any part thereof, nor as giving Tenant any right, power, or authority to contract for or permit the rendering of any services or the furnishing of any materials that would give rise to any mechanics’ or other liens against the Premises. In the event any such lien is attached to the Premises, the Building, or Tenant’s interest in this Lease, then, Tenant shall discharge the same within thirty (30) days after written notice from Landlord by bond or otherwise, and if Tenant shall fail to do so, Landlord may pay the amount necessary to remove such lien, without being responsible for investigating the validity thereof, and the amount so paid shall be deemed Additional Rental reserved under this Lease due an payable upon demand, without limitation as to other remedies available to Landlord under this Lease.
LIENS BY TENANT. Tenant shall keep the Premises, the Building and the real estate of which the Building forms a part free from any liens arising out of any work performed by, materials furnished to, or obligations incurred by Tenant. In the event any such lien is imposed against the Premises or Building and if Tenant does not cause the lien to be released within thirty (30) days following the imposition of any such lien, Landlord may cause the same to be released by such means as it shall deem proper. All sums paid by Landlord and all expenses incurred by it in connection therewith shall automatically create an obligation of Tenant to pay, within five (5) days after demand, an equivalent amount. No work which Landlord permits Tenant to perform shall be deemed to be for the immediate use and benefit of Landlord, and no mechanic's or other lien shall be allowed against the estate of Landlord by reason of its consent to such work.
AutoNDA by SimpleDocs
LIENS BY TENANT. Tenant shall at all times keep the Premises, the Building and the Property free from any liens arising out of any work performed or allegedly performed, materials furnished or allegedly furnished or obligations incurred by or for Tenant; provided that, if Tenant desires to contest a lien, Tenant shall, within sixty (60) days after the receipt of notice of the filing of such a lien, cause such lien to be released of record by payment, bond, order of a court of competent jurisdiction, or otherwise. Tenant shall hold Landlord harmless from any reasonable costs or expenses, or liability resulting from such claims, including, without limitation, reasonable attorney's fees. Tenant agrees to indemnify and hold Landlord harmless from and against any and all claims for mechanics', materialmen's or other liens in connection with any Alterations, repairs, or any work performed, materials furnished or obligations incurred by or for Tenant. Landlord reserves the right to enter the Premises for the purpose of posting such notices of non-responsibility as may be permitted by law, or desired by Landlord. Notwithstanding the foregoing, Tenant shall have the right at any time to grant a security interest in any goods and property of every type and description owned by Tenant, and installed or kept on the Premises to the extent not installed by Landlord as part of the Landlord Tenant Improvement (defined below). Landlord hereby consents to any such security interest and disclaims any interest of any kind in any goods and property installed or kept on the Premises to the extent not installed by Landlord as part of the Landlord Tenant Improvement, Landlord agrees that it will within ten (10) days after any written request by Tenant confirm the foregoing consent and disclaimer in writing, in a form reasonably acceptable to Landlord.
LIENS BY TENANT. 41.1 Tenant shall not cause any mechanic’s, materialman’s or other liens to be fixed or placed against the Premises, the Building or the Land and agrees promptly following receipt of notice of same to discharge (either by payment or by filing of the necessary bond, or otherwise) any such lien which is placed against any of the foregoing as the result of an alleged act or omission of Tenant.
LIENS BY TENANT. The Tenant may create or permit to be created or to remain, and will not be required to discharge, except as required in the normal business course of events, any lien, encumbrance or charge upon the Tenant's leasehold interest in the Project or any part thereof without the prior consent of the County. To facilitate actions by the Tenant, the County agrees to abide by all terms and conditions of the Leasehold Mortgage Rider which is attached hereto and expressly incorporated herein.
Time is Money Join Law Insider Premium to draft better contracts faster.