Common use of Storage Lien Clause in Contracts

Storage Lien. Customer hereby grants to Company a contractual Company’s lien upon all property, now or at any time hereafter stored in the container(s) to secure the payment of all Rent or other charges payable by Customer under the terms and conditions of this Agreement. Said Company’s lien shall not limit or preclude Company from any other liens or remedies provided by law to secure and collect Rent, including the lien as set forth in the Commercial Tenancies Act or Repair and Storage Liens Acts of the province of Ontario. Should Customer default in the payment when due or any installment of Rent or other charges due and payable in accordance with this Agreement, Company may seize and dispose of Customer’s property. Notice shall be delivered to Customer of any such surplus or deficiency, forthwith. For the purposes hereof, any notice required to be delivered to Customer by Company shall be deemed to have been delivered when received, if delivered in person, or when such notice is addressed and mailed to Customer postage prepaid to the address provided by Customer in the Agreement or at such other address as Customer shall have notified Company by giving written notice to Company. 14. Termination by Customer. Customer may terminate this Agreement at the expiration of any 28 day period by giving of 3 business days’ notice to Company.

Appears in 1 contract

Sources: Business Rental Agreement

Storage Lien. Customer hereby grants to Company a contractual Company’s lien upon all property, now or at any time hereafter stored in the container(s) to secure the payment of all Rent or other charges payable by Customer under the terms and conditions of this Agreement. Said Company’s lien shall not limit or preclude Company from any other liens or remedies provided by law to secure and collect Rent, including the lien as set forth in the Commercial Tenancies Act or Repair and Storage Liens Acts of the province of Ontario. Should Customer default in the payment when due or any installment of Rent or other charges due and payable in accordance with this Agreement, Company may seize and dispose of Customer’s property. Notice shall be delivered to Customer of any such surplus or deficiency, forthwith. For the purposes hereof, any notice required to be delivered to Customer by Company shall be deemed to have been delivered when received, if delivered in person, or when such notice is addressed and mailed to Customer postage prepaid to the address provided by Customer in the Agreement or at such other address as Customer shall have notified Company by giving written notice to Company. 14. Termination by Customer. Customer may terminate this Agreement at the expiration of any 28 day period by giving of 3 business days’ notice to Company.TERMS AND CONDITIONS (CON’T)

Appears in 1 contract

Sources: Rental Agreement

Storage Lien. Customer hereby grants to Company a contractual Company’s lien upon all property, now or at any time hereafter stored in the container(s) to secure the payment of all Rent or other charges payable by Customer under the terms and conditions of this Agreement. Said Company’s lien shall not limit or preclude Company from any other liens or remedies provided by law to secure and collect Rent, including the lien as set forth in the Commercial Tenancies Act or Repair and Storage Liens Acts of the province of Ontario. Should Customer default in the payment when due or any installment of Rent or other charges due and payable in accordance with this Agreement, Company may seize and dispose of Customer’s property. Notice shall be delivered to Customer of any such surplus or deficiency, forthwith. For the purposes hereof, any notice required to be delivered to Customer by Company shall be deemed to have been delivered when received, if delivered in person, or when such notice is addressed and mailed to Customer postage prepaid to the address provided by Customer in the Agreement or at such other address as Customer shall have notified Company by giving written notice to Company. 14. Termination by Customer. Customer may terminate this Agreement at the expiration of any 28 day period by giving of 3 business days’ notice to Company.Please Initial

Appears in 1 contract

Sources: Business Rental Agreement