Common use of TITLE AND COVENANT AGAINST LIENS Clause in Contracts

TITLE AND COVENANT AGAINST LIENS. Landlord's title is and always shall be paramount to the title of Tenant and nothing in this Lease contained shall empower the Tenant to do any act which can, shall or may encumber the title of Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialman to be placed upon or against the Shopping Center or the Premises or against the Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to take and diligently prosecute appropriate action to have the same discharged or bonded and released of record at Tenant's sole expense within fifteen (15) days of the filing of such lien. Tenant has' no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law or otherwise, to attach to or be placed upon the Shopping Center or the 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 after the filing thereof, 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 Default Rate shall be deemed to be additional rent due and payable by Tenant at once without notice or demand.

Appears in 2 contracts

Samples: Center Lease (Carrollton Bancorp), Center Lease (Carrollton Bancorp)

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TITLE AND COVENANT AGAINST LIENS. Landlord's ’s title is and always shall be paramount to the title of Tenant and nothing contained in this Lease contained shall empower the Tenant to do any act which can, shall or may encumber the title of Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialman materialmen to be placed upon or against the Shopping Center Premises, the Building or the Premises or against the Tenant's leasehold interest in the Premises Land and, in case of any such lien attaching, to take pay and diligently prosecute appropriate action remove or insure over same immediately and to have the same discharged or bonded indemnify, defend and released of record at Tenant's sole expense within fifteen (15) days of the filing of such liensave Landlord harmless therefrom. Tenant has' has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law or otherwise, to attach to or to be placed upon the Shopping Center Premises, the Building or the PremisesLand, 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 twenty (1520) days after the filing thereofdays, Landlord, at its election, may upon written notice to Tenant, 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 rate set forth in Section 27.07 for amounts owed Landlord by Tenant. Such sums shall be deemed to be additional rent due and payable by Tenant at once without notice or demand. Tenant’s obligations under this Article 26 shall survive the expiration or earlier termination of this Lease.

Appears in 2 contracts

Samples: Lease (Federal Signal Corp /De/), Lease (Federal Signal Corp /De/)

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 shall, or may encumber the title of the Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialman materialmen to be placed upon or against the Shopping Center 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 take immediately pay and diligently prosecute appropriate action to have the same discharged or bonded and released of record at Tenant's sole expense within fifteen (15) days of the filing of such lienremove same. Tenant has' has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law law, or otherwise, to attach to or be placed upon the Shopping Center Real Property, Land, Building, or the 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 after the filing thereof15 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 Default Rate 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: Office Lease (Hewitt Holdings LLC), Office Lease (Hewitt Associates 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 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 materialman materialmen to be placed upon or against the Shopping Center 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 take immediately pay and diligently prosecute appropriate action to have the same discharged or bonded and released of record at Tenant's sole expense within fifteen (15) days of the filing of such lienremove same. Tenant has' has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law law, or otherwise, to attach to or be placed upon the Shopping Center Real Property, Land, Building, or the 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 after the filing thereofdays, 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 Default Rate 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 at once without upon receipt of notice or demand.

Appears in 2 contracts

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

TITLE AND COVENANT AGAINST LIENS. Landlord's title is and always shall be paramount to the title of Tenant Tenant, and nothing in this Lease contained shall empower the Tenant to do any act which can, shall or may encumber the title of Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialman materialmen to be placed upon or against the Shopping Center or the Premises or against the Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to take and diligently prosecute appropriate action to have the same discharged or bonded and released of record at Tenant's sole expense within fifteen (15) days of the filing of such lienPremises. Tenant has' has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law or otherwise, to attach to or be placed upon the Shopping Center or the 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 bond over to Landlord's satisfaction or pay and remove same within fifteen ten (1510) days after the filing thereofdays, then Landlord, at its electionelection with prior notice to Tenant, 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 Default Rate rate set forth in Section 29.8 hereof for amounts owed Landlord by Tenant. Such sums shall be deemed to be additional rent due and payable by Tenant at once without notice or demandAdditional Rent.

Appears in 1 contract

Samples: Hardie James Industries Nv

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 shall, or may encumber the title of the Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialman materialmen to be he placed upon or against the Shopping Center 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 take immediately pay and diligently prosecute appropriate action to have the same discharged or bonded and released of record at Tenant's sole expense within fifteen (15) days of the filing of such lienremove same. Tenant has' has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law law, or otherwise, to attach to or be placed upon the Shopping Center Real Property, Land, Building, or the 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 remove, bond over, or insure over (using a nationally recognized title company) same within fifteen thirty (1530) days after the filing thereofdays, 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 Default Rate 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 at once without notice or demand.

Appears in 1 contract

Samples: Biosante Pharmaceuticals Inc

TITLE AND COVENANT AGAINST LIENS. Landlord's title is and always shall be paramount to the title of Tenant Tenant, and nothing in this Lease contained shall empower the Tenant to do any act which can, shall or may encumber the title of Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialman materialmen to be placed upon or against the Shopping Center or Premises, the Premises Building, the Land or against the Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to take and diligently prosecute appropriate action to have the same discharged or bonded and released of record at Tenant's sole expense within fifteen thirty (1530) days of either to pay and remove same or to transfer the filing of such lienlien to bond. Tenant has' has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law or otherwise, to attach to or be placed upon the Shopping Center Premises, the Building or the PremisesLand, 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 or transfer the liens to bond within fifteen thirty (1530) days after the filing thereofwritten demand by Landlord, such 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 Default Rate rate set forth in Section 27(h) hereof for amounts owed Landlord by Tenant, shall be deemed to be additional rent Additional Rent due and payable by Tenant at once without immediately upon written notice or demandfrom Landlord.

Appears in 1 contract

Samples: Office Lease (Excal Enterprises Inc)

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TITLE AND COVENANT AGAINST LIENS. Landlord's ’s title is and always shall be paramount to the title of Tenant and nothing in this Lease Tenant. Nothing herein contained shall empower the Tenant to do any act which can, shall or may encumber the title of Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialman to be placed upon or against the Shopping Center or the Premises or against the Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to take and diligently prosecute appropriate action to have the same discharged or bonded and released of record at Tenant's sole expense within fifteen (15) days of the filing of such lien. Tenant has' has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, Tenant or operation of law or otherwise, to attach to or be placed upon Landlord’s title or interest in the Shopping Center or the Premises, Premises and any and all liens and encumbrances created by Tenant shall attach only to Tenant's ’s interest in the Premises only. Tenant covenants and agrees not to suffer or permit any lien of mechanics or material suppliers or others to be placed against the Premises with respect to work or services claimed to have been performed for or materials claimed to have been furnished to Tenant or the Premises, and in case of any such lien attached, Tenant covenants and agrees immediately to cause it to be released and removed of record. If any such liens so attach and Tenant fails to pay and remove same within fifteen ten (1510) days after the filing thereofdays, 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 Default Rate rate set forth in this Lease, shall be deemed to be additional rent due and payable by Tenant at once without notice or demand.

Appears in 1 contract

Samples: Lease Agreement (Dorman Products, 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 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 materialman materialmen to be placed upon or against the Shopping Center 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 take immediately pay and diligently prosecute appropriate action to have the same discharged or bonded and released of record at Tenant's sole expense within fifteen (15) days of the filing of such lienremove same. Tenant has' has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, operation of law law, or otherwise, to attach to or be placed upon the Shopping Center Real Property, Land, Building, or the 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 after the filing thereofdays, 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 Default Rate rate set forth in Section 28(i) hereof for amounts owed Landlord by Tenant. Such sums shall be deemed to be additional rent due and payable by Tenant at once without notice or demand. Tenant shall defend, indemnify and hold harmless Landlord and Landlord Parties from and against all claims, demands, causes of action, suits, judgments, damages and expenses (including attorneys’ fees) in any way arising from or relating to the failure by any Tenant Party to pay for any work performed, materials furnished, or obligations incurred by or at the request of a Tenant Party. This indemnity provision shall survive termination or expiration of this Lease.

Appears in 1 contract

Samples: Office Lease (Zebra Technologies Corp)

TITLE AND COVENANT AGAINST LIENS. Landlord's title is and always shall be paramount to the title of Tenant and nothing in this Lease Tenant. Nothing herein contained shall empower the Tenant to do any act which can, shall or may encumber the title of Landlord. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialman to be placed upon or against the Shopping Center or the Premises or against the Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to take and diligently prosecute appropriate action to have the same discharged or bonded and released of record at Tenant's sole expense within fifteen (15) days of the filing of such lien. Tenant has' has no authority or power to cause or permit any lien or encumbrance of any kind whatsoever, whether created by act of Tenant, Tenant or operation of law or otherwise, to attach to or be placed upon Landlord's title or interest in the Shopping Center or the Premises, Premises and any and all liens and encumbrances created by Tenant shall attach only to Tenant's interest in the Premises only. Tenant covenants and agrees not to suffer or permit any lien of mechanics or material suppliers or others to be placed against the Premises with respect to work or services claimed to have been performed for or materials claimed to have been furnished to Tenant or the Premises, and in case of any such lien attached, Tenant covenants and agrees immediately to cause it to be released and removed of record. If any such liens so attach and Tenant fails to pay and remove same within fifteen ten (1510) days after the filing thereofdays, 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 Default Rate rate set forth in this Lease, shall be deemed to be additional rent due and payable by Tenant at once without notice or demand.

Appears in 1 contract

Samples: Lease Agreement (Selas Corp of America)

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