Mechanic Liens Clause Samples

Mechanic Liens. No mechanics’, materialmen’s or similar liens or claims have been, or may be, filed for work, labor or materials affecting the Property which are or may be Liens prior, equal or subordinate to the Security Instrument.

Mechanic Liens. The Borrower covenants and agrees to discharge (by bond or otherwise) any mechanic’s lien or claim therefor filed against the Mortgaged Property for $25,000 or more within forty-five (45) days after notice that a mechanic’s lien or such claim has been filed; and to discharge (by bond or otherwise) any mechanic’s lien or claim therefor filed against the Mortgaged Property for less than $25,000 within sixty (60) days after notice that a mechanic’s lien or such claim has been filed.

Mechanic Liens. A. TENANT will not permit to be created or to remain undischarged any lien, encumbrance or charge (arising out of any work done or materials or supplies furnished by any contractor, subcontractor, mechanic, laborer or materialman or any mortgage, conditional sale, security agreement or chattel mortgage, or otherwise by or for TENANT) which might be or become a lien or encumbrance or charge upon the Shopping Center or any portion thereof or the income therefrom. TENANT will not suffer any other matter or thing whereby the estate, rights and interests of LANDLORD in the Shopping Center or any portion thereof might be impaired. If any lien or notice of lien on account of any alleged debt of TENANT or any notice of contract by a party engaged by TENANT or TENANT’S contractor to work on the Premises shall be filed against the Shopping Center or any portion thereof, TENANT shall within ten (10) days after demand from LANDLORD, cause the same to be discharged of record by payment, deposit, bond, order of a court of competent jurisdiction or otherwise. If TENANT shall fail to cause such lien or notice of lien to be discharged within the period aforesaid, then, in addition to any other right or remedy it may have, LANDLORD may, but shall not be obligated to, discharge such lien by deposit or by bonding proceedings, and in any such event LANDLORD shall be entitled, if LANDLORD so elects, to compel the prosecution of an action for the foreclosure of such lien by the interest, costs and allowances. Any amount so paid by LANDLORD and all costs and expenses, including attorneys’ fees, incurred by LANDLORD and all costs therewith, shall constitute Additional Rent payable by TENANT under this Lease and shall be paid by TENANT to LANDLORD on demand. Nothing herein contained shall obligate TENANT to pay or discharge any lien created by LANDLORD. B. TENANT shall pay promptly all persons furnishing labor or materials with respect to any work performed by TENANT or TENANT’S contractor in the Premises. No work which LANDLORD permits TENANT to do shall be deemed to be for the immediate use and benefit of LANDLORD so that no mechanic’s or other lien shall be allowed against the estate of LANDLORD by reason of any consent given by LANDLORD to TENANT to improve the Premises. C. Prior to commencement of any work or the delivery of any material in the Premises by any contractor, subcontractor or materialman (herein collectively called “Contractor”), TENANT shall deliver to LANDLORD a...

Mechanic Liens. If Tenant does, or permits to be done, any act which creates a mechanic's lien or claim thereof against the Premises or the Property and fails to timely discharge same; or

Mechanic Liens. 22.1 Neither Tenant nor Landlord shall permit any mechanic's, materialman's or other lien against the Store or the Shopping Center in connection with any labor, materials or services furnished or claimed to have been furnished. If any such lien shall be filed against the Store or Shopping Center, the party charged with causing the lien will cause the same to be discharged, provided, however, that either party may contest any such lien, so long as the enforcement thereof is stayed.

Mechanic Liens. Administrative Agent shall have received effective lien waivers and releases (conditioned solely upon payment of amounts included in the Advance Request) from the General Contractor, all Major Subcontractors, and if requested by Administrative Agent, such other subcontractors, suppliers and other Persons as may be requested by Administrative Agent and that have a right to file a mechanic’s or materialman’s lien, construction lien or any other similar instrument against the Improvements with respect to the work completed through a date no earlier than thirty (30) days prior to the date of disbursement.

Mechanic Liens. To Kindred’s Knowledge, no labor has been performed or materials furnished that could result in a materialman’s or mechanic’s lien filed against the Assets except as shall be fully paid or released prior to Closing.

Mechanic Liens. TENANT shall not have the power or right to create in any way liens for labor or material which would be a lien upon any interest of LANDLORD or in and to the Leased Premises and shall protect LANDLORD'S interest against any liens or claims for improvements made by TENANT. In the event any such liens are filed, TENANT agrees, at its expense, to cause the same to be released or bonded over within fifteen (15) days after the same are filed.

Mechanic Liens. Tenant shall have no authority, express or implied, to create or place any lien or encumbrance of any kind or nature whatsoever upon, or in any manner to bind, the interest of Landlord in the Premises or to charge the rentals payable hereunder for any claim in favor of any person dealing with the Tenant, including those who may furnish materials or perform labor for any construction or repairs, and each such claim shall affect and each such lien shall attach to, if at all, only the leasehold interest granted to Tenant by this instrument. Tenant covenants and agrees that it will pay or cause to be paid all sums legally due and payable by it on account of any labor performed or materials furnished in connection with any work performed BY TENANT OR ON TENANT'S BEHALF on the Premises on which any lien is or can be validly and legally asserted against its leasehold interest in the Premises or the improvements thereon and that it will save and hold Landlord harmless from any and all loss, cost or expense based on or arising out of asserted claims or liens against the leasehold estate or against the right, title and interest of the Landlord in the Premises or under the terms of this Lease.