Bailee Waiver definition

Bailee Waiver means a Bailee Waiver in substantially the form of Exhibit I-1 attached hereto.

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Bailee Waiver means a bailee estoppel letter substantially in the form attached hereto as Exhibit "G-1" and incorporated herein by reference.

Bailee Waiver means a Bailee Waiver in form and substance reasonably satisfactory to the Administrative Agent.

Examples of Bailee Waiver in a sentence

• For avoidance of doubt, the failure to obtain any such Landlord Consent or Bailee Waiver (as applicable) after the use of commercially reasonable efforts shall not be a Default or an Event of Default.

• For purposes of clarity, no Obligor shall be required to enter into or obtain any Landlord Consent or Bailee Waiver in respect of any leasehold interest in real property in any jurisdiction outside of the United States.

• FINOVA shall have received a No Offset and Bailee Waiver Agreement executed by ▇▇▇ Lilly and on terms and conditions satisfactory to FINOVA covering the Borrower's Inventory situated at ▇▇▇ ▇▇▇▇▇.

• Borrower shall cause the following to be delivered to Bank, within thirty (30) days of the Closing Date: (i) the Dutch Organizational Documents; (ii) the Deeds of Pledge; (iii) the Collateral Assignment; (iv) the certificate(s) for the Shares (to the extent certificated), together with Assignment(s) Separate from Certificate, duly executed in blank; and (v) a Bailee Waiver (or similar), in form and content reasonably acceptable to Bank, with respect to each Required Bailee.

• For purposes of clarity, no Obligor shall be required to enter into or obtain any leasehold mortgage, Landlord Consent, Bailee Waiver or any similar agreement in respect of any leasehold interest in real property in any jurisdiction outside of the United States.

More Definitions of Bailee Waiver

Bailee Waiver is defined in Section 6.21.

Bailee Waiver means a letter in form and substance acceptable to the Collateral Agent executed by any Person (other than a Loan Party) who is in possession of Inventory on behalf of any Loan Party pursuant to which such Person acknowledges, among other things, the Collateral Agent’s Lien with respect thereto.