Subordination of Landlord’s Lien Sample Clauses

Subordination of Landlord’s Lien. Landlord does hereby agree to subordinate any statutory lien on Tenant’s Property granted to Landlord to the lien of any lender providing financing to Tenant that is secured by Tenant’s trade fixtures, equipment, inventory or other personal property located at the Leased Premises, all pursuant to a landlord lien subordination agreement in form and substance reasonably satisfactory to Landlord.
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Subordination of Landlord’s Lien. Landlord agrees that it will subordinate to any conditional sales vendor, lessor, or lender of Tenant, any lien or ownership rights Landlord may have in regard to any furniture, trade fixtures, equipment, or other articles of personal property from time to time installed by Tenant at its expense in the Premises or otherwise stored or located in, on or about the Premises (whether owned by or leased to Tenant) (collectively, "Tenant's Property"); provided that the holder of such lien provide to Landlord a subordination agreement, in form reasonably satisfactory to Landlord and Landlord's counsel, which shall provide that such lienholder shall remove Tenant's Property from the Premises within ten (10) days of Landlord's written notice to such lienholder of Landlord's intent to exercise Landlord's lien upon the Tenant's Property, and that should such lienholder fail to remove such Tenant's Property (or make other arrangements with respect thereto satisfactory to Landlord) within such ten (10) day period, then such subordination agreement shall be deemed null and void, and Landlord shall be entitled to deal with Tenant's Property as it sees fit. Moreover, Landlord agrees that should any conditional sales vendor, lessor or lender of Tenant so require, Landlord will execute any waiver of ownership rights which may be reasonably requested by any such conditional sales vendor, lessor or lender of Tenant, in regard to any of Tenant's Property, and Landlord will utilize its reasonable efforts to cause its mortgagees to execute and deliver such documentation as may be reasonably requested by any such conditional sales vendor, lessor or lender.
Subordination of Landlord’s Lien. County does hereby subordinate its statutory landlord’s lien to the lien and operation of any Leasehold Mortgage. This subordination of County’s lien shall be self operative.
Subordination of Landlord’s Lien. Landlord agrees to subordinate its landlord's lien on Tenant's personal property to the lien of Tenant's lender if the terms of such subordination are reasonably acceptable to Landlord.
Subordination of Landlord’s Lien. Landlord hereby agrees to subordinate any and all liens it may assert with respect to Tenant’s personal property, including any statutory, constitutional or contractual liens, to any Leasehold Mortgage or purchase money financing used to obtain such personal property. Nothing contained in this Section 9.5 shall apply to any judgment lien obtained against any property of Tenant or to any contractual lien expressly granted by Tenant in a documents separate from this Lease.
Subordination of Landlord’s Lien. Landlord and the City hereby subordinate Landlord's liens and privileges (except for those Impositions recognized in Section 9.1 of this Lease) they may have now or at any time hereafter on or against any property of Space Tenants or Tenant's Property on the Leased Premises, whether the lien or privilege is granted by law or contract, in favor of any and all mortgages, security interests, liens, privileges, lessors' rights, and other security rights and interests now or at any time hereafter held as security for one or more loans or leases to Tenant, Casino Subtenant or any Space Tenant. This subordination shall be self‑operative, however, Landlord and the City agree to execute from time to time one or more documents reflecting this agreement, which documents shall be in form and substance reasonably satisfactory to the requesting lender. Notwithstanding any other provision contained in this Lease, Landlord and the City do not subordinate any lien against any property or rights to property, whether movable or immovable, if the lien results from a failure to pay taxes after demand, or if the lien results from the exercise of any similar governmental authority. 121
Subordination of Landlord’s Lien. Notwithstanding anything in this Lease to the contrary, if Tenant desires to grant or assign a mortgage or other security interest secured by Tenant's personal property located in the Premises and requests that Landlord execute a lien agreement in connection therewith, Landlord shall, subject to Landlord's lender's approval, either waive or subordinate its lien rights to the rights of Tenant's lender pursuant to a commercially reasonable form. Tenant shall reimburse Landlord for Landlord's out-of-pocket costs to review and execute such agreement, in an amount not to exceed $2,000.00 per agreement request.
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Subordination of Landlord’s Lien. To the extent any lease agreement entered into by Borrower after the date of this Agreement purports to create a lien in favor of any landlord in the Collateral, and if requested by Bank, Borrower shall obtain a subordination of such lien to the Lien of Bank hereunder.
Subordination of Landlord’s Lien. Landlord hereby agrees to subordinate any security interest Landlord may now have or hereafter have in any of Tenant’s furniture, trade fixtures and/or personal property for which the Tenant Improvement Allowance was not used to pay for all or a portion thereof (collectively, “FF&E”) to an equipment lessor or lender with an ownership or security interest in such FF&E, provided that Landlord, Tenant and such equipment lessor or lender execute an agreement substantially in the form attached hereto as Exhibit H.
Subordination of Landlord’s Lien. If requested, Landlord shall subordinate its liens to Tenant's lenders with respect to Tenant's personal property.
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