Examples of Lien Waiver Agreement in a sentence
Maintain Inventory at any location other than a location which is owned, leased or utilized by a Borrower and, if so leased, and the Inventory thereon has a value in excess of $500,000 Borrower shall use commercially reasonably efforts to cause the lessor of such location shall have entered into a Lien Waiver Agreement or a Processor’s Agreement, as applicable.
Use commercially reasonable efforts to deliver to Agent executed Lien Waiver Agreements in favor of Agent for each location leased by a Loan Party with respect to which Revolver Agent has received or shall be receiving a Lien Waiver Agreement.
Maintain Inventory at any location other than a location which is owned by a Borrower or leased by a Borrower and, if so leased, the lessor of such location shall have entered into a Lien Waiver Agreement on terms and conditions reasonably satisfactory to Agent.
Borrowers shall deliver to Administrative Agent, within 30 days of the Closing Date, a Lien Waiver Agreement, in form and substance satisfactory to Administrative Agent in its Permitted Discretion, for the Collateral located at 0000 Xxxx Xxx Xxxx, Xxxxx 000, Xxxx Xxxx, XX 00000, executed by the owner of such real property in favor of Administrative Agent.
As used herein, the term "Landlord Lien Waiver Agreement" shall mean an agreement granting the holder of a security interest in the Personal Property the right, upon reasonable notice to Landlord, to enter the Premises for the purposes of taking possession of and removing Tenant's Personal Property.