Common use of Discharge of Lien Clause in Contracts

Discharge of Lien. If any mechanics', materialmen's or other monetary lien shall at any time be filed against the Premises or Parcel N/Q for work performed by or for Lessee, Lessee shall either cause the same to be discharged of record within twenty (20) days after Lessee's receipt of notice of the filing of the same or, if Lessee shall desire to contest any such lien, Lessee shall, within twenty (20) days after the date of the filing of the lien, furnish to Lessor security in one hundred fifty percent (150%) of the amount of the claim, or shall procure a bond in said amount from a reputable bonding company. The final judgment of any court of competent jurisdiction determining the validity and/or amount of any such lien shall be conclusive.

Discharge of Lien. If any mechanics', materialmen's or other monetary lien shall at any time be filed against the Premises or Parcel N/Q for work performed by or for LesseeLessee (other than the Lessor's Work), Lessee shall either cause the same to be discharged of record within twenty (20) days after Lessee's receipt of notice of the filing of the same or, if Lessee shall desire to contest any such lien, Lessee shall, within twenty (20) days after the date of the filing of the lien, furnish to Lessor security in one hundred fifty percent (150%) of the amount of the claim, or shall procure a bond in said amount from a reputable bonding company. The final judgment of any court of competent jurisdiction determining the validity and/or amount of any such lien shall be conclusive.

Discharge of Lien. If any mechanics', materialmen's or other monetary lien shall at any time be filed against the Premises or Parcel N/Q for work performed by or for Lessee, Lessee shall either cause the same to be discharged of record within twenty thirty (2030) days after Lessee's receipt of notice of the filing of the same or, if Lessee shall desire to contest any such lien, Lessee shall, within twenty thirty (2030) days after the date of the filing of the lien, furnish to Lessor County security in one hundred fifty percent (150%) of the amount of the claim, or shall procure a bond in said amount from a reputable bonding company. The final judgment of any court of competent jurisdiction determining the validity and/or amount of any such lien shall be conclusive.