Common use of Waiver of Landlord’s Lien Clause in Contracts

Waiver of Landlord’s Lien. Landlord hereby waives any right to distrain trade fixtures, inventory and other personal property of Tenant and any landlord’s lien or similar lien upon trade fixtures, inventory and any other personal property of Tenant regardless of whether such lien is created or otherwise. At the request of Tenant, Landlord shall execute a waiver of any landlord’s or similar lien for the benefit of any holder of a security interest in or lessor of any trade fixtures, inventory or any other personal property of Tenant. Landlord agrees to acknowledge (in a written form reasonably satisfactory to Tenant) to such persons and entities at such times and for such purposes as Tenant may reasonably request that trade fixtures owned by Tenant are Tenant’s property and not part of the Building (regardless of whether or to what extent trade fixtures and/or other personal property are affixed to the Building) or otherwise subject to the terms of this Lease.

Appears in 5 contracts

Samples: Certificate and Agreement (Savvis Communications Corp), Lease (Savvis Communications Corp), Certificate and Agreement (Savvis Communications Corp)

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Waiver of Landlord’s Lien. Landlord hereby waives any right to distrain trade fixtures, inventory and other personal fixtures or any property of Tenant and any landlord’s Landlord's lien or similar lien upon trade fixtures, inventory fixtures and any other personal property of Tenant regardless of whether such lien is created or otherwise. At Landlord agrees, at the request of Tenant, Landlord shall to execute a waiver of any landlord’s Landlord's or similar lien for the benefit of any present or future holder of a security interest in or lessor of any of trade fixtures, inventory fixtures or any other personal property of Tenant. Landlord agrees acknowledges and in the future to acknowledge (in a written form reasonably satisfactory to Tenant) to such persons and entities at such times and for such purposes as Tenant may reasonably request that trade fixtures owned by Tenant are Tenant’s 's property and not part of the Building Improvements (regardless of whether or to what extent such trade fixtures and/or other personal property are affixed to the BuildingImprovements) or otherwise subject to the terms of this Lease.

Appears in 1 contract

Samples: Lease (One Price Clothing Stores Inc)

Waiver of Landlord’s Lien. Landlord hereby waives any right to distrain trade fixtures, inventory and other personal property of Tenant and any landlord’s Landlord's lien or similar lien upon trade fixtures, inventory Trade Fixtures and any other personal property inventory of Tenant Tenant, regardless of whether such lien is created or otherwise. At Landlord agrees, at the request of Tenant, Landlord shall to execute a waiver of any landlord’s such Landlord's or similar lien for the benefit of any present or future holder of a security interest in or lessor of any trade fixtures, inventory Trade Fixtures or any other personal property inventory of Tenant. Tenant Landlord acknowledges and agrees in the future to acknowledge (in a written form reasonably satisfactory to Tenant) to such persons and entities at such times and for such purposes as Tenant may reasonably request that trade fixtures owned by Tenant the Trade Fixtures are Tenant’s 's property and not part of the Building Improvements (regardless of whether or to what extent trade fixtures and/or other personal property such Trade Fixtures are affixed to the BuildingImprovements) or otherwise subject to the terms of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Aei Income & Growth Fund 25 LLC)

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Waiver of Landlord’s Lien. 41. Landlord hereby waives any right to distrain trade fixtures, inventory and other personal property of Tenant and any landlordLandlord’s lien or similar lien upon trade fixtures, inventory and any other personal property of Tenant regardless of whether such lien is created or otherwise. At the request of Tenant, Landlord shall execute a waiver of any landlordLandlord’s or similar lien for the benefit of any holder of a security interest in or lessor of any of trade fixtures, inventory or any other personal property of Tenant. Landlord agrees to acknowledge (in a written form reasonably satisfactory to Tenant) to such persons and entities at such times and for such purposes as Tenant may reasonably request that trade fixtures owned by Tenant are Tenant’s property and not part of the Building (regardless of whether or to what extent trade fixtures and/or other personal property are affixed to the Building) or otherwise subject to the terms of this Lease.

Appears in 1 contract

Samples: Lease (American Realty Capital Trust, Inc.)

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