Common use of Satisfaction of Liens Clause in Contracts

Satisfaction of Liens. Within the time periods permitted for payment, upon entry of final, nonappealable judgment in any action in which StadCo contests any such claim of Lien, if such final judgment shall establish the validity of the claim secured by the Lien, or any part thereof, and within thirty (30) days after the filing of any Lien for record which StadCo does not in good faith contest, StadCo shall fully pay and discharge such judgment or Lien, as the case may be, and StadCo shall reimburse the Authority upon demand for any and all loss, damage, and expense, including reasonable attorneys’ fees, which the Authority may suffer or be put to by reason thereof plus interest at the Default Rate.

Appears in 7 contracts

Samples: Stadium Lease Agreement, Stadium Lease Agreement, Stadium Lease Agreement

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Satisfaction of Liens. Within the time periods permitted for payment, upon entry of a final, nonappealable non-appealable judgment in any action in which StadCo contests any such claim of Lien, if such final judgment shall establish the validity of the claim secured by the Lien, or any part thereof, and within thirty (30) days after the filing of any Lien for record which that StadCo does not in good faith contestcontest pursuant to the terms of Section 7.14(a) hereof, StadCo shall fully pay and discharge such judgment or Lien, as the case may be, and StadCo shall reimburse the Authority upon demand for any and all loss, damage, and expenseexpense (if any), including reasonable attorneys’ fees, which the Authority may suffer or be put to suffered by reason thereof plus interest at the Default Rate.

Appears in 4 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

Satisfaction of Liens. Within the time periods permitted for payment, upon entry of final, nonappealable judgment in any action in which StadCo contests any such claim of Lien, if such final judgment shall establish the validity of the claim secured by the Lien, or any part thereof, and within thirty (30) days after the filing of any Lien for record which StadCo XxxxXx does not in good faith contest, StadCo shall fully pay and discharge such judgment or Lien, as the case may be, and StadCo shall reimburse the Authority upon demand for any and all loss, damage, and expense, including reasonable attorneys’ fees, which the Authority may suffer or be put to by reason thereof plus interest at the Default Rate.

Appears in 2 contracts

Samples: Stadium Lease Agreement, Stadium Lease Agreement

Satisfaction of Liens. Within the time periods permitted for payment, upon entry of final, nonappealable judgment in any action in which StadCo contests any such claim of Lien, if such final judgment shall establish the validity of the claim secured by the Lien, or any part thereof, and within thirty (30) days after the filing of any Lien for record which StadCo does not in good faith contest, StadCo shall fully pay and discharge such judgment or Lien, as the case may be, and StadCo shall reimburse the Authority upon demand for any and all loss, damage, and expense, including reasonable actual attorneys’ fees, which the Authority may suffer or be put to by reason thereof plus interest at the Default Rate.

Appears in 1 contract

Samples: Stadium Lease Agreement

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Satisfaction of Liens. Within the time periods permitted for payment, upon entry of final, nonappealable judgment in any action in which StadCo contests any such claim of Lien, if such final judgment shall establish the validity of the claim secured by the Lien, or any part thereof, and within thirty (30) days after the filing of any Lien for record which StadCo does not in good faith contest, StadCo XxxxXx shall fully pay and discharge such judgment or Lien, as the case may be, and StadCo XxxxXx shall reimburse the Authority upon demand for any and all loss, damage, and expense, including reasonable attorneys’ fees, which the Authority may suffer or be put to by reason thereof plus interest at the Default Rate.

Appears in 1 contract

Samples: Stadium Lease Agreement

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