ENCUMBERING TITLE. (a) Subtenant shall not do any act which in any way encumbers the title of Master Landlord in and to the Master Premises nor shall the interest or estate of Master Landlord or Sublandlord be in any way subject to any claim by way of lien or encumbrance, whether by operation of law or by virtue of any express or implied contract by Subtenant, or by reason of any other act or omission of Subtenant. Any claim to, or lien upon, the Sublease Premises or the Building arising from any act or omission of Subtenant shall accrue only against the estate of Subtenant and shall be subject and subordinate to the paramount title and rights of Master Landlord and the Sublandlord. (b) Without limiting the generality of this Section 19(b), Subtenant shall not permit the Sublease Premises or the Building to become subject to any mechanics’, laborers’ or materialmen’s lien on account of labor or material furnished to Subtenant or claimed to have been furnished to Subtenant in connection with work of any character performed or claimed to have been performed on the Sublease Premises by, or at the direction or sufferance of, Subtenant. If any lien is filed arising out of work performed for Subtenant, Subtenant shall either discharge the lien or post a bond pursuant to RCW 60.04.161 sufficient to remove the lien from the Sublease Premises within ten (10) business days after it receives notice of the lien. If Subtenant fails discharge or remove the lien within such ten-business-day period, then Sublandlord may cause such liens to be released by any means it deems proper, including payment, at Subtenant’s expense and without affecting Sublandlord’s rights.
Appears in 1 contract
Sources: Sublease (Dendreon Corp)
ENCUMBERING TITLE. (a) 13.1 Subtenant shall not do any act which in any way encumbers the title of Master Landlord in and to the Building or the Master Premises Landlord’s Project, nor shall the interest or estate of Master Landlord or Sublandlord be in any way subject to any claim by way of lien or encumbrance, whether by operation of law or by virtue of any express or implied contract by Subtenant, or by reason of any other act or omission of Subtenant. Any claim to, or lien upon, the Sublease Premises or, the Building or the Building Master ▇▇▇▇▇▇▇▇’s Project arising from any act or omission of Subtenant shall accrue only against the subleasehold estate of Subtenant and shall be subject and subordinate to the paramount title and rights of Master Landlord in and to the Building and the SublandlordMaster Landlord’s Project and the interest of Sublandlord in the Master Premises.
(b) 13.2 Without limiting the generality of this Section 19(b)13.1, Subtenant shall not permit the Sublease Premises or the Building or the Master Landlord’s Project to become subject to any mechanics’, laborers’ or materialmen’s lien on account of labor or material furnished to Subtenant or claimed to have been furnished to Subtenant in connection with work of any character performed or claimed to have been performed on the Sublease Premises by, or at the direction or sufferance of, Subtenant. If any lien is filed arising out of work performed for Subtenant, Subtenant shall either discharge the remove any such lien or post a bond encumbrance within the period which is the lesser of: (i) any time provided Sublandlord by the Master Landlord pursuant to RCW 60.04.161 sufficient the Master Lease and notice related to same in order to remove the lien from the Sublease Premises within ten such lien, or (10ii) three (3) business days after it receives notice of the lien. If Subtenant fails discharge or remove the lien within such ten-business-day period, then Sublandlord may cause such liens to be released by any means it deems proper, including payment, at Subtenant’s expense and without affecting from Sublandlord’s rights.
Appears in 1 contract
Sources: Sublease (Biomea Fusion, Inc.)
ENCUMBERING TITLE. (a) 13.1. Subtenant shall not do any act which in any way encumbers the title of Master Landlord in and to the Master Premises Building nor shall the interest or estate of Master Landlord or Sublandlord be in any way subject to any claim by way of lien or encumbrance, whether by operation of law or by virtue of any express or implied contract by Subtenant, or by reason of any other act or omission of Subtenant. Any claim to, or lien upon, the Sublease Premises or the Building arising from any act or omission of Subtenant shall accrue only against the subleasehold estate of Subtenant therein and shall be subject and subordinate to the paramount title and rights of Master Landlord in and to the Building and the Sublandlordinterest of Sublandlord in the Master Premises.
(b) 13.2. Without limiting the generality of this Section 19(b)the foregoing, Subtenant shall not permit the Sublease Premises or the Building to become subject to any mechanics’', laborers’ ' or materialmen’s 's lien on account of labor or material furnished to Subtenant or claimed to have been furnished to Subtenant in connection with work of any character performed or claimed to have been performed on the Sublease Premises or anywhere in the Building by, or at the direction or sufferance of, Subtenant. If In the event any such lien is filed arising out of work performed for Subtenantimposed or recorded, Subtenant shall either discharge cause the same to be released of record by payment or recording of a lien or post a release bond pursuant to RCW 60.04.161 sufficient to remove the lien from the Sublease Premises as provided by Law within ten fifteen (1015) business days after it Subtenant receives notice or becomes aware of the liensuch imposition or recording. If Subtenant fails discharge or remove the shall fail to cause any such lien to be released within such ten-business-fifteen (15) day period, then Sublandlord may shall have, in addition to all other rights and remedies provided in this Sublease and at law, the right, but not the obligation, to cause any such liens lien to be released by any such means it deems as Sublandlord shall deem proper, including payment, at Subtenant’s expense and without affecting Sublandlord’s rightspayment of the claim giving rise to such lien.
Appears in 1 contract
Sources: Sublease (Talis Biomedical Corp)