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Coyotes Lease

Coyotes Lease

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Published by Forbes

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Published by: Forbes on Jun 06, 2012
Copyright:Attribution Non-commercial

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06/06/2012

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11.12.1

The Arena Manager and the Team Owner shall, prior to
any work being performed, inform any entity performing work on the Arena Facility that

SUBSTANTIAL FINAL DRAFT

55

2905191.2

the Arena Facility is a public facility and that Arizona law prohibits any lien being placed
against the Arena Facility.

11.12.2

The Arena Manager or the Team Owner will prevent any
type of encumbrance, security interest, pledge, claim, mechanics’ or other lien arising out
of work performed for, materials furnished to, or obligations incurred by the Arena
Manager or Team Owner in the construction of any permitted Capital Improvements or
other alterations, installations, decorations, additions and improvements and will
immediately cause any such encumbrance, security interest, pledge, claim, mechanics’ or
other lien to be removed.

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