Granting of Security Interest. (a) The Tenant shall not grant a Security Interest in any goods that have become affixed to the Premises, and the Tenant shall not affix to the Premises any goods which are subject to a Security Interest. (b) The Tenant shall not permit any notice claiming a Security Interest in any fixture to be registered against title to the Premises and shall, immediately upon demand by the Landlord, remove or cause to be removed any such notice and institute and diligently prosecute any proceedings pertinent thereto.
Appears in 3 contracts
Samples: Lease Amendment and Consent Agreement (NACG Holdings Inc.), Lease Agreement (NACG Holdings Inc.), Renewal Lease Agreement (Nacg Finance LLC)
Granting of Security Interest. (a) The Tenant shall not grant a Security Interest in any goods that have become affixed to the Premises, and the Tenant shall not affix to the Premises any goods which are subject to a Security Interest.
(b) The Tenant shall not permit any notice claiming a Security Interest in any fixture to be registered against title to the Premises and shall, immediately upon demand by the Landlord, remove or cause to be removed any such notice and institute and diligently prosecute any proceedings pertinent thereto.
Appears in 1 contract
Samples: Lease (NACG Holdings Inc.)
