COVENANTS AGAINST LIENS Sample Clauses

COVENANTS AGAINST LIENS. Notwithstanding any other provisions of this Lease, Landlord and Tenant expressly acknowledge and agree that the interest of Landlord in and to the Building and the real estate on which it is located, or any part thereof, including without limitation, the Premises, shall NOT be subject to liens for any work, labor, services performed or materials supplied, or claimed to have been performed or supplied, or any other lien cognizable under Chapter 713, Florida Statutes (collectively herein "Liens"), by Tenant, or Tenant's contractors, subcontractors, laborers and material suppliers supplying labor and/or material for the Premises (collectively herein "Contractors"). Upon the execution of this Lease, Tenant acknowledges that Landlord, at Landlord's sole option and cost, may then or thereafter record among the Public Records in the county in which the Building is located, this Lease or short form thereof, or such other memorandum in form and substance satisfactory to Landlord, in Landlord's sole discretion, for the purpose of insulating the interest of Landlord from any and all such contractor's liens, without affecting any provisions of this Lease. Tenant hereby acknowledges that Landlord shall further be permitted to do or perform any act necessary or appropriate, in Landlord's sole discretion, to prevent the filing of any lien against the Premises or any part thereof. In addition to the foregoing and not in lieu thereof, Tenant shall do all things necessary to prevent the filing of any liens against the Premises or the interest of Landlord or the interest of any mortgagees or holders of any deed of trust covering the Premises or any ground or underlying lessors therein, if any, by reason of any work, labor, services, or materials performed or supplied to Tenant, or anyone holding the Premises, or any part thereof, by, through, or under Tenant. If any such lien shall at any time be filed, Tenant shall cause the same to be vacated and cancelled of record within thirty (30) days after the date that Tenant receives notice of such lien. If any such lien shall be filed notwithstanding the provisions of this subparagraph, then, in addition to any other right or remedy of Landlord resulting from Tenant's default, Landlord may, but shall not be obligated to, contest such lien or vacate or release the same either by paying the amount claimed to be due or by procuring the release of such lien by giving security or in such other manner as may be prescribed by law. Tenan...
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COVENANTS AGAINST LIENS. If, because of any act or omission of ----------------------- Lessee, any mechanic's lien or other lien, charge or order for the payment of money shall be filed against Lessor or against the Property or improvements, Lessee shall, at its own cost and expense, cause the same to be discharged; and Lessee shall indemnify and hold harmless Lessor against and from all costs, liabilities, suits, penalties, claims and demands resulting therefrom. lessor and Lessee agree that Lessee shall have the right to contest any lien filed against the Property or the improvements thereon.
COVENANTS AGAINST LIENS. Lessee expressly covenants and agrees that it will, during the term hereof, promptly remove or release, by the posting of a bond or otherwise, as required or permitted by law, any lien attached to or upon said Premises or any portion thereof by reason of any act or omission on the part of Lessee, and hereby expressly agrees to save and hold harmless Lessor from or against any such lien or claim of lien. In the event any such lien does attach, or any claim of lien is made against said Premises, which may be occasioned by any act or omission upon the part of Lessee, and shall not be thus released within 30 days after notice thereof, Lessor, in its sole discretion (but nothing herein contained shall be construed as requiring it so to do), may pay and discharge the said lien and relieve the said Premises from any such lien, and Lessee agrees to pay and reimburse Lessor upon demand for or on account of any expense which may be incurred by Lessor in discharging such lien or claim, which sum shall include interest five (5) percentage points over the NationsBank Prime Interest Rate, not to exceed the maximum interest rate then in effect in the state being the situs of the Premises, from the date such lien is paid by Lessor until the date Lessor is reimbursed by Lessee; provided, however, that if Lessee has reasonable cause to contest the validity or correctness of any such lien, it may do so and in such event no breach of this Lease shall result.
COVENANTS AGAINST LIENS. Licensee covenants and agrees that it shall not, during the term hereof, suffer or permit any lien to be attached to or upon the Licensed Premises or any part thereof by reason of any act or omission on the part of Licensee, its contractors, employees, agents, licensees, officers, suppliers, or any other persons performing any function for Licensee, and hereby agrees to save and hold harmless Licensor from or against any such lien or claim of lien. In the event that any such lien is filed, Licensee may post a bond or other adequate security to cure such default; however, any lien must be cleared within five (5) days after receipt of notice of such lien. If such lien is not cleared, Licensor in its sole discretion, may pay and discharge the same and relieve the Licensed Premises therefrom, and Licensee agrees to repay and reimburse Licensor upon demand for the amount so paid by Licensor together with interest thereon and such interest shall be at a rate which is the lower of fifteen percent (15%) per annum or the highest rate allowed by the law of the state in which the Licensed Premises is located.
COVENANTS AGAINST LIENS. Tenant covenants and agrees not to suffer or permit any lien of mechanics or materialmen to be placed against the Building or any part thereof, and, in the case of any such lien attaching, to immediately pay off and remove same. 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 or to be placed upon the Building or any part thereof, and any and all liens and encumbrances created by Tenant shall attach only to Tenant’s interest in the Premises.
COVENANTS AGAINST LIENS. Sublessee covenants and agrees that it shall not, during the term hereof, suffer or permit any lien to be attached to or upon the Subleased Premises or any part thereof by reason of any act or omission on the part of Sublessee, its contractors, employees, agents, licensees, officers, suppliers, or any other persons performing any function for Sublessee, and hereby agrees to save and hold harmless Sublessor from or against any such lien or claim of lien. The attachment of a lien is an event of default by Sublessee. In the event that any such lien is filed, Sublessee may post a bond or other adequate security to cure such default; however, any lien must be cleared within five (5) days after receipt of notice of such lien. If such lien is not cleared, Sublessor in its sole discretion, may pay and discharge the same and relieve the Subleased Premises therefrom, and Sublessee agrees to repay and reimburse Sublessor upon demand for the amount so paid by Sublessor together with interest thereon and such interest shall be at a rate which is the lower of fifteen percent (15%) per annum or the highest rate allowed by the law of the state in which the Subleased Premises is located.
COVENANTS AGAINST LIENS. Tenant hereby covenants and agrees that it will not cause or permit any lien (including, without limitation, the filing of any mechanic’s lien) to be filed or asserted against the Leased Premises as a result of any act or omission of Tenant or any member of the Tenant Group. In the event any such lien or notice of lien is filed, Tenant shall, within twenty (20) days of receipt of notice from Landlord of the filing of the lien, contest such lien as permitted by law if such contest is sufficient alone to prevent the lien from maturing, or contest said lien as permitted by law and bond or insure over said lien, or fully discharge the lien by settling the claim which resulted in the lien or by bonding or insuring over the lien in the manner prescribed by applicable law. If Tenant fails to so contest and/or discharge the lien, then, in addition to any other right or remedy of Landlord, Landlord may bond or insure over the lien or otherwise discharge the lien. Tenant shall reimburse Landlord for any amount paid by Landlord to bond or insure over the lien or discharge the lien, including without limitation reasonable attorney’s fees, within fifteen (15) days of receipt of invoice therefor. Any rights and obligations created under or by this Section 19 shall survive termination or expiration of this Lease.
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COVENANTS AGAINST LIENS. Tenant shall not permit any lien to be attached to the Premises by reason of any act or omission of Tenant. If any such lien does so attach, Tenant shall cause such lien to be released (by bonding or otherwise) within twenty (20) days after notice to Tenant thereof. If Tenant has not caused such lien to be released within said twenty (20) day period, Landlord may discharge the same, and Tenant shall reimburse Landlord upon demand for the amount so paid by Landlord.
COVENANTS AGAINST LIENS. 37.1. Tenant shall not, during the term hereof, suffer or permit any lien, including, without limitation, any mechanic's or judgment lien or conditional sales agreement, to be attached to or upon the Demised Premises or any part thereof by reason of any act or omission on the part of Tenant, and hereby agrees to save and hold harmless Landlord from or against any such lien or claim of lien.
COVENANTS AGAINST LIENS. (a) Tenant shall not do any act, nor make any contract which may create any lien or other encumbrance upon all or any part of the Premises, nor permit nor suffer same, on account of work performed or materials supplied or furnished for or to Tenant or the Premises. If, because of any act or omission (or alleged act or omission) of Tenant, any mechanic's or other lien or
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