Examples of Landlord Waivers in a sentence
To the extent required by the Administrative Agent in its sole discretion upon written notice to the Borrower, the Borrower shall exercise commercially reasonable best efforts to obtain Landlord Waivers with respect to all Permitted Inventory Locations that are subject to Specified Leases, including, without limitation, Landlord Waivers in connection with leases extended, renegotiated or entered into after the Closing Date.
The Company shall, and shall cause each of the Subsidiary Guarantors to, use commercially reasonable best efforts to deliver Landlord Waivers and Bailee’s Letters pursuant to Section 10.16 and as the Administrative Agent shall request from time to time in its sole discretion exercised reasonably and in accordance with customary business practices for comparable asset-based transactions.
Notwithstanding anything to the contrary in this Section 8.1.11 [Landlord Waivers], the Domestic Loan Parties shall not be required to deliver a landlord waiver or bailee or processor waiver with respect to any location that contains Collateral as to which both of the following conditions are met (1) such Collateral has an aggregate value of less than $1,000,000 at all times and (2) such Collateral is situated at such location for a period of less than 180 days.
To this end, a target has been set to try and find alternative solutions to firewood in order to reduce its use by 75 per cent in the three Congolese refugee camps managed by NRC.
Agent shall have received Landlord Waivers with respect to all leased or warehouse premises at which any Collateral may be located, other than leased or warehouse premises at which Collateral with an aggregate value of less than $500,000 is located.