Equipment Liens Sample Clauses

Equipment Liens. To Landlord’s knowledge, the Premises are free and clear of any rights or claims of a type that, if Tenant entered into or granted them after the Commencement Date, would constitute Equipment Liens.
Equipment Liens. If at any time or from time to time Tenant and/or Subtenant desires to enter into or grant any Equipment Liens that comply with the definition of such term, then upon Tenant's and/or Subtenant's request Landlord shall enter into such customary documentation (with a detailed description) with respect to the property leased or otherwise financed or encumbered pursuant to such Equipment Liens as Tenant and/or Subtenant shall request, providing for matters such as the following: (a) Landlord's waiver of the right to take possession of such property upon occurrence of an Event of Default; and (b) customary agreements by Landlord to enable the secured party to repossess such property without damage to the applicable Property or Properties in the event of a default by Tenant and/or such Subtenant permitting such secured party to exercise remedies under its Equipment Lien, which customary documentation shall be substantially identical in all material respects to the form of Landlord's Equipment Lien waiver attached hereto as Schedule 11 and made a part hereof. Any such Equipment Lien shall be subordinate to this Restated Lease.
Equipment Liens. The term "Equipment Liens" means purchase-money security interests, financing leases, personal property liens, and similar arrangements (including the corresponding UCC-1 financing statements) relating to Tenant's and/or Subtenant's acquisition, encumbering or financing of Personal Property, and used in connection with the operation of any business on the Premises not prohibited by this Restated Lease or any Third Party Lease, that are leased, purchased pursuant to conditional sale or installment sale arrangements, encumbered by a security agreement made by Tenant and/or any Subtenant, as the case may be, or used under licenses, such as convenience food store equipment, gasoline marketing equipment, USTs (not owned by Landlord), furniture, fixtures and equipment, telephone, telecommunications and facsimile transmission equipment, point of sale equipment, televisions, radios, and computer systems, provided that each Equipment Lien encumbers or otherwise relates to only the property financed or otherwise provided by the secured party under such Equipment Lien.
Equipment Liens. If at any time or from time to time Tenant desires to enter into or grant any Equipment Liens, then upon Tenant’s request, Landlord shall enter into such customary documentation with respect to the property leased or otherwise financed pursuant to such Equipment Liens as Tenant shall request, providing for matters such as the following: (a) Landlord’s waiver of the right to take possession of such property upon occurrence of an Event of Default; and (b) customary agreements by Landlord to enable the secured party to repossess such property in the event of a default by Tenant permitting such secured party to exercise remedies under its Equipment Lien.
Equipment Liens. Landlord shall have no rights in respect of any FF&E, and Landlord hereby waives any statutory, landlord's or other liens on FF&E. From time to time promptly upon request, Landlord shall confirm to Tenant or any Subtenant the waiver contained in this Section as to particular FF&E. If at any time or from time to time Tenant or any Subtenant desires to enter into or grant any Equipment Lien, then upon Tenant’s request Landlord shall enter into (and shall cause every Fee Mortgagee to enter into) such customary documentation regarding the Financed FF&E as Tenant or any Subtenant reasonably requests, providing for matters such as: (a) waiver of any right to take possession of such Financed FF&E upon an Event of Default;
Equipment Liens. If at any time or from time to time Lessee desires to enter into or grant any equipment liens, then upon Lessee's request Lessor shall enter into such customary documentation with respect to the property Leased or otherwise financed pursuant to such equipment liens as Lessee shall request, providing for matters such as the following: (a) Lessor's waiver of the right to take possession of such property upon occurrence of an event of default; and (b) customary agreements by Lessor to enable the secured party to repossess such property in the event of a default by Lessee as may be permitted by the agreement subsisting between Lessee and the secured party.
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Equipment Liens. Such Grantor shall not permit any portion of its Equipment to become a Fixture with respect to other personal property with respect to which real or personal property the Administrative Agent does not have a Lien.
Equipment Liens. The term "Equipment Liens" means purchase-money security interests, financing leases, personal property liens, and similar arrangements (including the corresponding UCC-1 financing statements) relating to Tenant's and/or Subtenant's acquisition, encumbering or financing of Personal Property, and used in connection with the operation of any business on the Premises not prohibited by this Restated Lease or any Third Party Lease, that are leased, purchased pursuant to conditional sale or installment sale
Equipment Liens. If at any time, or from time to time, Franchisee desires to enter into or grant any Equipment Liens, then upon Franchisee's request, Landlord shall enter into such customary documentation with respect to the property leased or otherwise financed pursuant to such Equipment Liens as Franchisee shall request, providing for matters such as the following: (a) Landlord's waiver of the right to take possession of such property upon occurrence of an Event of Default; and (b) customary agreements by Landlord to enable secured party to repossess such property in the event of a Default by Franchisee permitting such secured party to exercise remedies under its Equipment Lien.
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