Common use of TITLE AND COVENANT AGAINST LIENS Clause in Contracts

TITLE AND COVENANT AGAINST LIENS. Landlord's title is paramount and always shall be paramount to the title of Tenant and nothing contained in this Lease shall empower 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 materialmen to be placed upon or against the Premises, the Building, the Development, the Land or against Tenants leasehold interest in the Premises and, in case of any such lien attaching, to pay and remove the same immediately. 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 Premises, the Building, the Development or the Land, 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 ten (10) 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 Landlord's payment thereof at the rate set forth in Section 30.08 for amounts owed to Landlord by Tenant, shall be deemed to be additional rent due and payable by Tenant at once without notice or demand. Tenant agrees to indemnify, hold harmless and defend Landlord from any loss, cost, damage or expense, including attorney's fees, arising out of any lien claim or out of any other claim relating to work done or materials supplied to the Premises at Tenant's request or on Tenant's behalf. Tenant shall remove any filed lien within ten (10) days of the filing of such lien.

Appears in 1 contract

Samples: Office Lease (Picis Inc)

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TITLE AND COVENANT AGAINST LIENS. Landlord's title is paramount and always shall be paramount to the title of Tenant and nothing contained in this Lease shall empower Tenant to do any act which can, shall or may encumber the title of Landlord. Tenant covenants and agrees not to do any act, make any contract or suffer or permit anything to occur which may create or be the foundation for any lien of mechanics or materialmen to be placed other encumbrance upon or against the Premises, the Building, the DevelopmentLand, the Land Project or against Tenants Tenant's leasehold interest in the Premises and, in case of any such lien attaching, to pay and remove the same immediately. 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 Premises, the Building, the Development Project or the Land, 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 ten twenty (1020) 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 Landlord's payment thereof at the rate set forth in Section 30.08 30.8 for amounts owed to Landlord by Tenant, shall be deemed to be additional rent due and payable by Tenant at once without notice or demand. All materialmen, contractors, artisans, mechanics, laborers, and any other persons now or hereafter contracting with Tenant agrees to indemnify, hold harmless and defend Landlord from or any loss, cost, damage contractor or expense, including attorney's fees, arising out subcontractor of Tenant for the furnishing of any lien claim labor services, materials, supplies, or out of equipment with respect to any other claim relating to work done or materials supplied to the Premises at Tenant's request or on Tenant's behalf. Tenant shall remove any filed lien within ten (10) days portion of the filing Premises, at any time from the date hereof until the end of such lienthe Term, are hereby charged with notice that they look exclusively to Tenant to obtain payment for same.

Appears in 1 contract

Samples: Office Lease (Caladrius Biosciences, Inc.)

TITLE AND COVENANT AGAINST LIENS. Landlord's ’s title is paramount and always shall be paramount to the title of Tenant and nothing contained in this Lease shall empower Tenant to do any act which can, shall or may encumber the title of Landlord. Tenant covenants and agrees not to do any act, make any contract or suffer or permit anything to occur which may create or be the foundation for any lien of mechanics or materialmen to be placed other encumbrance upon or against the Premises, the Building, the DevelopmentLand, the Land Project or against Tenants Tenant’s leasehold interest in the Premises and, in case of any such lien attaching, to pay and remove the same immediately. 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 Premises, the Building, the Development Project or the Land, 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 the same within ten (10) 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 Landlord's ’s payment thereof at the rate set forth in Section 30.08 30.8 for amounts owed to Landlord by Tenant, shall be deemed to be additional rent due and payable by Tenant at once without notice or demand. All materialmen, contractors, artisans, mechanics, laborers, and any other persons now or hereafter contracting with Tenant agrees to indemnify, hold harmless and defend Landlord from or any loss, cost, damage contractor or expense, including attorney's fees, arising out subcontractor of Tenant for the furnishing of any lien claim labor services, materials, supplies, or out of equipment with respect to any other claim relating to work done or materials supplied to the Premises at Tenant's request or on Tenant's behalf. Tenant shall remove any filed lien within ten (10) days portion of the filing Premises, at any time from the date hereof until the end of such lienthe Term, are hereby charged with notice that they look exclusively to Tenant to obtain payment for same.

Appears in 1 contract

Samples: Office Lease (Careadvantage Inc)

TITLE AND COVENANT AGAINST LIENS. Landlord's ’s title is paramount and always shall be paramount to the title of Tenant and nothing contained in this Lease shall empower Tenant to do any act which can, shall or may encumber the title of Landlord. Tenant covenants and agrees not to do any act, make any contract or suffer or permit anything to occur which may create or be the foundation for any lien of mechanics or materialmen to be placed other encumbrance upon or against the Premises, the Building, the DevelopmentLand, the Land Project or against Tenants Tenant’s leasehold interest in the Premises and, in case of any such lien attaching, to pay and remove the same immediately. 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 Premises, the Building, the Development Project or the Land, 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 the same within ten twenty (1020) 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 Landlord's ’s payment thereof at the rate set forth in Section 30.08 30.8 for amounts owed to Landlord by Tenant, shall be deemed to be additional rent due and payable by Tenant at once without notice or demand. All materialmen, contractors, artisans, mechanics, laborers, and any other persons now or hereafter contracting with Tenant agrees to indemnify, hold harmless and defend Landlord from or any loss, cost, damage contractor or expense, including attorney's fees, arising out subcontractor of Tenant for the furnishing of any lien claim labor services, materials, supplies, or out of equipment with respect to any other claim relating to work done or materials supplied to the Premises at Tenant's request or on Tenant's behalf. Tenant shall remove any filed lien within ten (10) days portion of the filing Premises, at any time from the date hereof until the end of such lienthe Term, are hereby charged with notice that they look exclusively to Tenant to obtain payment for same.

Appears in 1 contract

Samples: Office Lease (Regado Biosciences Inc)

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TITLE AND COVENANT AGAINST LIENS. Landlord's title is paramount and always shall be paramount to the title of Tenant Tenant, and nothing contained in this Lease lease contained shall empower 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 materialmen to be placed upon or against the Premises, the Building, the Development, the Land or against Tenants leasehold interest in the Premises and, in case of any such lien attaching, to pay and remove the same immediately. 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 Landlord's title or interest in the Premises, Premises or any part of the Building, the Development or the LandProject, and any and all liens and encumbrances created by Tenant shall attach only to Tenant's interest only. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen or others to be placed against the Premises or any part of the Project or Tenant's interest in the Premises. If any such liens so attach and Tenant fails to pay and remove the same within ten (10) days, Landlord, at its election, may pay and satisfy the same and in such event the sums so paid by Landlord, Premises with interest from the date of Landlord's payment thereof at the rate set forth in Section 30.08 for amounts owed to Landlord by Tenant, shall be deemed to be additional rent due and payable by Tenant at once without notice or demand. Tenant agrees to indemnify, hold harmless and defend Landlord from any loss, cost, damage or expense, including attorney's fees, arising out of any lien claim or out of any other claim relating respect to work done or services claimed to have been performed for or materials supplied claimed to have been furnished to Tenant or the Premises at Tenant's request or on Tenant's behalfany part of the Project. Tenant shall remove any filed In the event such lien or claim of lien is not immediately released and removed within ten (10) days after notice from Landlord. Landlord, at its sole option and in addition to any of its other rights and remedies, may take any and all action necessary, to release and remove such lien or claim of lien (it being agreed by Tenant that Landlord shall have no duty to investigate the filing validity thereof), and Tenant shall promptly upon notice thereof reimburse Landlord for all sums, costs and expenses, including court costs and reasonable attorneys' fees and expenses, incurred by Landlord in connection with such lien or claim of such lienlien plus interest thereon at the Default Rate.

Appears in 1 contract

Samples: Sublease Agreement (Inventa Technologies Inc)

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