Common use of Contest of Liens Clause in Contracts

Contest of Liens. Tenant may, at its option, contest the validity of any lien or claim of lien if ▇▇▇▇▇▇ has first posted an appropriate and sufficient bond in favor of the claimant or paid the appropriate sum into court, if permitted by law, and thereby obtained the release of the Premises from the lien. If judgment is obtained by the claimant under any lien, ▇▇▇▇▇▇ must immediately pay the same after such judgment has become final and the time for appeal therefrom has expired without appeal having been taken. Tenant must, at its own expense, defend the interests of Tenant and Landlord in any and all such suits. However, Landlord may, at its election, engage its own counsel and assert its own defenses, in which event Tenant must co-operate with Landlord and make available to Landlord all information and data which Landlord deems necessary or desirable for such defense.

Appears in 3 contracts

Sources: Lease Agreement, Lease Agreement, Lease Agreement