Common use of TITLE AND COVENANT AGAINST LIENS Clause in Contracts

TITLE AND COVENANT AGAINST LIENS. The Landlord's title is and always shall be paramount to the title of the Tenant and nothing in this Lease contained shall empower the Tenant to do any act which can, shall, or may encumber the title of the' Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the Real Property, the Land, the Building, or the Premises or against the Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to immediately pay and remove same. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, a whether created by act of Tenant, operation of law, or otherwise, to attach to or be placed upon the Real Property, Land, Building, or Premises, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's interest in the Premises. If any such liens so attach and Tenant fails to pay and remove same within fifteen (15) days, landlord, at its election, may pay and satisfy the same and in such event the sums so paid by Landlord, with interest from the date of payment at the rate set forth in Section 27(i) hereof for amounts owed Landlord by Tenant. Such sums shall be deemed to be additional rent due and payable by Tenant upon receipt of notice or demand.

Appears in 2 contracts

Samples: Office Lease (Hewitt Holdings LLC), Office Lease (Hewitt Associates Inc)

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TITLE AND COVENANT AGAINST LIENS. The Landlord's title is and always shall be paramount to the title of the Tenant and nothing contained in this Lease contained shall empower the Tenant to do any act which can, shall, shall or may encumber the title of the' Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the Real Property, the LandPremises, the Building, or the Premises Land or against the Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to immediately pay and remove samesame immediately. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, a whether created by act of Tenant, operation of law, law or otherwise, to attach to or to be placed upon the Real PropertyPremises, the Building or the Land, Building, or Premises, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's interest in the Premises. If any such liens so attach and Tenant fails to pay and remove or bond over the same within fifteen thirty (1530) days, landlordLandlord, at its election, may pay and satisfy the same and in such event the sums so paid by Landlord, with interest from the date of payment at the rate set forth in Section 27(i) hereof 28.08 for amounts owed Landlord by Tenant. Such sums shall be deemed to be additional rent due and payable by Tenant upon receipt of at once without notice or demand.

Appears in 2 contracts

Samples: May & Speh Inc, May & Speh Inc

TITLE AND COVENANT AGAINST LIENS. The Landlord's title is and always shall be paramount to the title of the Tenant and nothing contained in this Lease contained shall empower the Tenant to do any act which can, shall, shall or may encumber the title of the' Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the Real Property, the LandPremises, the Building, or the Premises Land or against the Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to immediately pay and remove samesame immediately. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, a whether created by act of Tenant, operation of law, law or otherwise, to attach to or to be placed upon the Real PropertyPremises, the Building or the Land, Building, or Premises, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's interest in the Premises. If any such liens so attach and Tenant fails to pay and remove same within fifteen ten (1510) days, landlordLandlord, at its election, may pay and satisfy the same and in such event the sums so paid by Landlord, with interest from the date of payment at the rate set forth in Section 27(i) hereof 28.08 for amounts owed Landlord by Tenant. Such sums shall be deemed to be additional rent due and payable by Tenant upon receipt of at once without notice or demand.

Appears in 2 contracts

Samples: Lease (Autocam International LTD), Lease (Autocam International LTD)

TITLE AND COVENANT AGAINST LIENS. The Landlord's ’s title is and always shall be paramount to the title of the Tenant and nothing in this Lease contained shall empower the Tenant to do any act which can, shall, shall or may encumber the title of the' the Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen materialman to be placed upon or against the Real Property, the Land, the Building, or the Premises or against the Tenant's ’s leasehold interest in the Premises andand in, in case of any such lien attaching, to immediately pay and remove same or contest same, in which event Tenant will post a bond adequate to protect the interest of Landlord during the pendency of such proceedings. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, a whether created by act of Tenant, operation of law, law or otherwise, to attach to or be placed upon the Real Property, Land, Building, or Premises, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's ’s interest in the Premises. If any such liens so attach and Tenant fails to pay and remove same within fifteen thirty (1530) days, landlordLandlord, at its election, may pay and satisfy the same and in such event the sums so paid by Landlord, with interest from the date of payment at the rate set forth in Section 27(i) 3.06 hereof for amounts owed Landlord by Tenant. Such sums , shall be deemed to be additional rent due and payable by Tenant upon receipt of at once without notice or demand.

Appears in 2 contracts

Samples: Lease Agreement, First Lease Amendment (Authentidate Holding Corp)

TITLE AND COVENANT AGAINST LIENS. The Landlord's ’s title is and always shall be paramount to the title of the Tenant and nothing in this Lease contained shall empower the Tenant to do any act which can, shall, shall or may encumber the title of the' Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen material men to be placed upon or against the Real Property, the LandPremises, the Building, or the Premises Land or against the Tenant's ’s leasehold interest in the Premises and, in case of any such lien attaching, to immediately pay and remove same. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, a whether created by act of Tenant, operation of law, law or otherwise, to attach to or be placed upon the Real PropertyPremises, the Building or the Land, Building, or Premises, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's ’s interest in the Premises. If any such liens so attach and Tenant fails to pay and remove same within fifteen ten (1510) calendar days, landlordLandlord, at its election, may pay and satisfy the same and in such event the sums so paid by Landlord, with interest from the date of payment at the default rate set forth in Section 27(i) hereof for amounts owed Landlord by Tenant. Such sums shall be deemed to be additional rent due and payable by Tenant upon receipt of at once without notice or demand.

Appears in 2 contracts

Samples: Industrial Building Lease Agreement, Industrial Building Lease Agreement (Entorian Technologies Inc)

TITLE AND COVENANT AGAINST LIENS. The LandlordXxxxxxxx's title is and always shall be paramount to the title of the Tenant Tenant, and nothing in this Lease contained shall empower the Tenant to do any act which can, shall, shall or may encumber the title of the' Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the Real PropertyLeased Premises, the Land, the Building, Land or the Premises or against the Tenant's leasehold interest in the Leased Premises and, in case of any such lien attaching, to immediately bond over or pay and remove same. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, a whether created by act of Tenant, operation of law, law or otherwise, to attach to or be placed upon the Real Property, Land, BuildingLeased Premises, or Premisesthe Land, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's interest in the Leased Premises. If any such liens so attach and Tenant Xxxxxx fails to bond over or pay and remove same within fifteen Ten (1510) days, landlordthen Landlord, at its election, may pay and satisfy the same same, and in such event the sums so paid by Landlord, Landlord shall accrue with interest from the date of payment at the rate set forth in Section 27(i) 28.8 hereof for amounts owed Landlord by Tenant. Such sums shall be deemed to be additional rent due and payable by Tenant upon receipt of notice or demandAdditional Rent.

Appears in 1 contract

Samples: Phoenix Md Realty LLC

TITLE AND COVENANT AGAINST LIENS. The Landlord's ’s title is and always shall be paramount to the title of the Tenant and nothing in this Lease lease contained shall empower the Tenant to do any act which can, shall, shall or may encumber the title of the' the Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the Real Property, the Land, the Building, or Property any portion thereof including the Premises or against the Tenant's ’s leasehold interest in the Premises and, in case of any such lien attaching, to immediately pay and remove same. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, a whether created by act of Tenant, operation of law, law or otherwise, to attach to or be placed upon the Real Property, Land, Building, . Building or Premises, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's ’s interest in the Premises. If any such liens created, caused or permitted by Tenant so attach and Tenant fails to pay and remove same within fifteen ten (1510) days, landlordLandlord, at its election, may pay and satisfy the same and in same. In such event the sums so paid by LandlordLandlord shall be deemed to be additional rent due and payable by Tenant at once without notice or demand, with interest from the date of payment at the rate set forth in Section 27(i26(i) hereof for amounts owed Landlord by Tenant. Such sums shall be deemed to be additional rent due and payable by Tenant upon receipt of notice or demand.

Appears in 1 contract

Samples: Haemonetics Corp

TITLE AND COVENANT AGAINST LIENS. The Landlord's ’s title is and always shall be paramount to the title of the Tenant and nothing in this Lease lease contained shall empower the Tenant to do any act which can, shall, shall or may encumber the title of the' the Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the Real Property, the Land, the Building, or the Premises or against the Tenant's ’s leasehold interest in the Premises and, in case of any such lien attaching, to immediately pay and remove same. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, a whether created by act of Tenant, operation of law, law or otherwise, to attach to or be placed upon the Real Property, Land, Building, Building or Premises, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's ’s interest in the Premises. If any such liens so attach and Tenant fails to pay and remove same within fifteen ten (1510) days, landlordLandlord, at its election, may pay and satisfy the same and in such event the sums so paid by Landlord, together with interest from the date of payment at the rate set forth in Section 27(i33(i) hereof for amounts owed Landlord by Tenant, shall be immediately due to Landlord. Such sums shall be deemed to be additional rent due and payable by Tenant upon receipt of at once without notice or demand.

Appears in 1 contract

Samples: Lease (Calamos Asset Management, Inc. /DE/)

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TITLE AND COVENANT AGAINST LIENS. The Landlord's Xxxxxxxx’s title is and always shall be paramount to the title of the Tenant Tenant, and nothing in this Lease contained shall empower the Tenant to do any act which can, shall, shall or may encumber the title of the' Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the Real Property, the Land, the Building, or the Premises or against the Tenant's Xxxxxx’s leasehold interest in the Premises and, in case of any such lien attaching, to immediately pay and remove same. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, a whether created by act of Tenant, operation of law, law or otherwise, to attach to or be placed upon the Real Property, Land, Building, or Premises, Premises and any and all liens and encumbrances created by Tenant shall attach only to Tenant's ’s interest in the Premises. If any such liens so attach and Tenant Xxxxxx fails to pay and remove same within fifteen (15) days, landlordLandlord, at its election, may pay and satisfy the same same, and in such event the sums so paid by Landlord, Landlord shall accrue with interest from the date of payment at the rate Default Rate (as set forth in Section 27(iArticle 30.8 hereof) hereof for amounts owed Landlord by TenantXxxxxx. Such sums shall be deemed to be additional rent due and payable by Tenant upon receipt of at once without notice or demand.

Appears in 1 contract

Samples: Apyx Medical Corp

TITLE AND COVENANT AGAINST LIENS. The Landlord's title is and always shall be paramount to the title of to the Tenant and nothing in this Lease contained shall empower the Tenant to do any act which can, shall, shall or may encumber the title of the' the Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the Real Property, the Land, the Building, or the Premises or against the Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to immediately pay and remove same. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, a whether created by act of Tenant, operation of law, law or otherwise, to attach to or be placed upon the Real Property, Land, Building, Building or Premises, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's interest in the Premises. If any such liens created, caused or permitted by Tenant so attach and Tenant fails to pay and remove same within fifteen ten (1510) business days, landlordLandlord, at its election, may pay and satisfy the same and in such event the sums so paid by Landlord, with interest from the date of payment at the rate set forth in Section 27(i) hereof Default Rate for amounts owed Landlord by Tenant. Such sums Tenant shall be deemed to be additional rent Additional Rent due and payable by Tenant upon receipt of at once without notice or demand.

Appears in 1 contract

Samples: Universal Access Inc

TITLE AND COVENANT AGAINST LIENS. The Landlord's title is and always shall be paramount to the title of the Tenant and nothing in this Lease lease contained shall empower the Tenant to do any act which can, shall, shall or may encumber the title of the' Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the Real Property, the Land, the Building, or Property any portion thereof including the Premises or against the Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to immediately pay and remove same. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, a whether created by act of Tenant, operation of law, law or otherwise, to attach to or be placed upon the Real Property, Land, Building, Building or Premises, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's interest in the Premises. If any such liens created, caused or permitted by Tenant so attach and Tenant fails to pay and remove same within fifteen ten (1510) days, landlordLandlord, at its election, may pay and satisfy the same and in such event the sums so paid by Landlord, shall be due and payable by Tenant upon demand, with interest from the date of payment at the rate set forth in Section 27(i26(i) hereof for amounts owed Landlord by Tenant. Such sums shall be deemed to be additional rent due and payable by Tenant upon receipt of notice or demand.

Appears in 1 contract

Samples: Office Lease (Mypoints Com Inc)

TITLE AND COVENANT AGAINST LIENS. The Landlord's title is and always shall be paramount to the title of the Tenant Tenant, and nothing in this Lease contained shall empower the Tenant to do any act which can, shall, shall or may encumber the title of the' Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed upon or against the Real Property, the LandPremises, the Building, or the Premises Land or against the Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to immediately pay and remove same. Tenant has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, a whether created by act of Tenant, operation of law, law or otherwise, to attach to or be placed upon the Real PropertyPremises, the Building or the Land, Building, or Premises, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's interest in the Premises. If any such liens so attach and Tenant fails to pay and remove the same within fifteen ten (1510) daysdays after written demand by Landlord, landlordsuch failure shall be an event of Default hereunder, and Landlord, at its election, may pay and satisfy the same same, and in such event the sums so paid by Landlord, with interest from the date of payment at the rate set forth in Section 27(i27(h) hereof for amounts owed Landlord by Tenant. Such sums , shall be deemed to be additional rent Additional Rent due and payable by Tenant immediately upon receipt of written notice or demandfrom Landlord.

Appears in 1 contract

Samples: Office Lease (Excal Enterprises Inc)

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