Common use of Mechanic Liens Clause in Contracts

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.

Appears in 1 contract

Sources: Sublease Agreement (Advisors REIT I, Inc.)

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 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 secured by a bond within fifteen ten (1510) days after the same are filed.

Appears in 1 contract

Sources: Lease Agreement (Candlewood Hotel Co Inc)