Landlord and Warehouseman Waivers. The Borrower shall use its commercially reasonable efforts to deliver to the Administrative Agent waivers or subordinations of contractual and statutory landlord’s, landlord’s mortgagee’s and warehouseman’s Liens in form and substance reasonably satisfactory to the Administrative Agent under each existing lease, warehouse agreement or similar agreement to which the Borrower or any Subsidiary is a party; provided that such waivers or subordinations will in any event be incorporated when the existing lease, warehouse agreement or similar agreement is amended, renewed or extended and the Borrower will obtain waivers of both contractual and statutory landlord’s, landlord’s mortgagee’s and warehouseman’s Liens in form and substance reasonably satisfactory to the Administrative Agent in connection with each new lease, warehouse agreement or similar agreement entered into by the Borrower or any Subsidiary.
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Samples: Credit Agreement (Gear & Broach, Inc. C/O FastenTech, Inc.), Credit Agreement (Fastentech Inc)
Landlord and Warehouseman Waivers. The Borrower shall use its commercially reasonable efforts to deliver to the Administrative Agent waivers or subordinations of contractual and statutory landlord’s's, landlord’s 's mortgagee’s 's and warehouseman’s 's Liens in form and substance reasonably satisfactory to the Administrative Agent under each existing lease, warehouse agreement or similar agreement to which the Borrower or any Subsidiary is a party; provided that such waivers or subordinations will in any event be incorporated when the existing lease, warehouse agreement or similar agreement is amended, renewed or extended and the Borrower will obtain waivers of both contractual and statutory landlord’s's, landlord’s 's mortgagee’s 's and warehouseman’s 's Liens in form and substance reasonably satisfactory to the Administrative Agent in connection with each new lease, warehouse agreement or similar agreement entered into by the Borrower or any Subsidiary.
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Samples: Credit Agreement (Integrated Energy Technologies Inc)
Landlord and Warehouseman Waivers. The Borrower shall use its commercially all reasonable efforts to deliver to the Administrative Agent waivers or subordinations of contractual and statutory landlord’s's, landlord’s 's mortgagee’s 's and warehouseman’s 's Liens in form and substance reasonably satisfactory to the Administrative Agent under each existing lease, warehouse agreement or similar agreement to which the Borrower or any Subsidiary is a party; provided that unless the Administrative Agent agrees otherwise, such waivers or subordinations will in any event be incorporated when the existing lease, warehouse agreement or similar agreement is amended, renewed or extended and the Borrower will use all reasonable efforts to obtain waivers of both contractual and statutory landlord’s's, landlord’s 's mortgagee’s 's and warehouseman’s 's Liens in form and substance reasonably satisfactory to the Administrative Agent in connection with each new lease, warehouse agreement or similar agreement entered into by the Borrower or any Subsidiary.
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