Common use of Notice of Lien Clause in Contracts

Notice of Lien. Bond. Should any claims of lien be filed against, or any action be commenced affecting, the Premises, Tenant's interest in the Premises or the Common Area, Tenant shall give Landlord notice of such lien or action within seven (7) days after Tenant receives notice of the filing of the lien or the commencement of the action. In the event that Tenant shall not, within thirty (30) days following the imposition of any such lien, cause such lien 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 Landlord shall deem proper, including payment of the claim giving rise to such lien or posting of a proper bond. All such sums paid by Landlord and all expenses incurred by Landlord in connection therewith, including attorneys' fees and costs, shall be payable to Landlord by Tenant as Additional Rent on demand.

Appears in 2 contracts

Samples: Net Lease Agreement (Integrated Device Technology Inc), Net Lease Agreement (Integrated Device Technology Inc)

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Notice of Lien. BondBOND. Should any claims of lien be filed against, or any action be commenced affecting, affecting the Premises, Tenant's interest in the Premises or the Building, Common AreaArea or Land, Tenant shall give Landlord notice of such lien or action within seven three (73) business days after Tenant receives notice of the filing of the lien or the commencement of the action. In the event that Tenant shall not, within thirty twenty (3020) days following the imposition date on which Tenant receives notice of the filing of any such lien, cause such lien 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 Landlord shall deem proper, including payment of the claim giving rise to such lien or posting of a proper bond. All such sums paid by Landlord and all expenses incurred by Landlord in connection therewith, including attorneys' attorney's fees and costs, shall be payable to Landlord by Tenant as Additional Rent on demand.

Appears in 1 contract

Samples: That Certain Lease Agreement (Nhancement Technologies Inc)

Notice of Lien. Bond. Should any claims claim of lien be filed against, or any action be commenced affecting, the Premises, Tenant's interest in the Premises or the Common Parking Area, Tenant shall give Landlord notice of such lien or action within seven three (73) days after Tenant receives notice of the filing of the lien or the commencement of the action. In the event that Tenant shall not, within thirty twenty (3020) days following the imposition of any such lien, cause such lien to be released of record by payment or posting of a proper bond, released or 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 Landlord shall deem proper, including payment of the claim giving rise to such lien or posting of or a proper bond. All such sums paid by Landlord and all expenses incurred by Landlord in connection therewith, including attorneys' fees and costs, shall be payable to Landlord by Tenant as Additional Rent on demand.

Appears in 1 contract

Samples: Lease Agreement (Asyst Technologies Inc /Ca/)

Notice of Lien. BondBOND. Should any claims of lien be filed against, or any action be commenced affecting, the Premises, Tenant's interest in the Premises or the Common AreaPremises, Tenant shall give Landlord notice of such lien or action within seven ten (710) days after Tenant receives notice of the filing of the lien or the commencement of the action. In the event that Tenant shall not, within thirty (30) days following the imposition of any such lien, cause such lien 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 Landlord shall deem proper, including payment of the claim giving rise to such lien or posting of a proper bond. All such sums paid by Landlord and all expenses incurred by Landlord in connection therewith, including attorneys' fees and costs, shall be payable to Landlord by Tenant as Additional Rent on demand.

Appears in 1 contract

Samples: Improvement Agreement (Cruel World Inc)

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Notice of Lien. BondBOND. Should any claims of lien be filed against, or any action be commenced affecting, the Premises, or Tenant's interest in the Premises or the Common AreaPremises, Tenant shall give Landlord notice of such lien or action within seven ten (710) days after Tenant receives notice of the filing of the lien or the commencement of the action. In the event that Tenant shall not, within thirty (30) days following the imposition of any such lien, cause such lien 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 Landlord shall deem proper, including payment of the claim giving rise to such lien or posting of a proper bond. All such sums paid by Landlord and all expenses incurred by Landlord in connection therewith, including attorneys' fees and costs, shall be payable to Landlord by Tenant as Additional Rent on demand.

Appears in 1 contract

Samples: Lease Agreement (Silicon Storage Technology Inc)

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