Landlord Lien. Landlord hereby waives, releases and relinquishes any and all claims, rights, interests, liens upon, and rights of distraint, levy, attachment or recourse (whether arising by virtue of statute, common law or otherwise) against any of Tenant’s Personal Property. The foregoing waiver, release and relinquishment is self-operative and does not require any further instrument or document. Notwithstanding the foregoing, ▇▇▇▇▇▇▇▇ hereby agrees to furnish, upon written request and at ▇▇▇▇▇▇’s cost and expense, waivers of Landlord’s rights and liens as described herein and shall exempt the same from distraint, levy, attachment or recourse using Landlord’s standard form reasonably acceptable to Tenant and Landlord. For the avoidance of doubt, no property of Tenant’s customers will be subject to a lien, distraint, levy, attachment, or recourse from Landlord.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Sierra Bancorp), Purchase and Sale Agreement (Sierra Bancorp)
Landlord Lien. Landlord hereby waives, releases and relinquishes any and all claims, rights, interests, liens upon, upon and rights of distraint, levy, attachment or recourse (whether arising by virtue of statute, common law or otherwise) against any of TenantPersonal Property and ▇▇▇▇▇▇’s Personal Property. The foregoing waiver, release and relinquishment is self-operative and does not require any further instrument or document. Notwithstanding the foregoing, ▇▇▇▇▇▇▇▇ hereby agrees to furnish, upon written request and at ▇▇▇▇▇▇’s cost and expense, waivers of Landlord’s rights and liens as described herein and shall exempt the same from distraint, levy, attachment or recourse using Landlord’s standard form reasonably acceptable to Tenant and Landlord. For the avoidance of doubt, no property of Tenant’s customers will be subject to a lien, distraint, levy, attachment, attachment or recourse from Landlord.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Atlantic Union Bankshares Corp)