Landlord Liens. Landlord shall not grant, or suffer to exist, a Lien upon all or any portion of the Landlord Interests except a Permitted Lien or a Permitted Landlord Lien. Any Lien granted in contravention of the preceding sentence shall be null and void ab initio.
Landlord Liens. The following terms and provisions shall apply with regard to Landlord Liens:
7.5.1 If a Landlord Lien shall be imposed against the Leased Property on account of acts or omissions, or alleged acts or omissions, of Landlord, and such Landlord Lien materially adversely impairs Tenant’s leasehold interest in or ability to operate the Leased Property, Landlord shall, within thirty (30) days after written notice of such by Tenant, cause the Leased Property to be released therefrom by the payment of the obligation secured thereby or by furnishing a bond or by any other method prescribed or permitted by law. Landlord and Tenant agree that a Landlord Lien which negatively affects the transferability of the leasehold estate under this Agreement by Tenant is one example of a material adverse impairment of Tenant’s leasehold interest in or ability to operate the Leased Property (within the meaning of the immediately preceding sentence). If a Landlord Lien is released by payment of the obligation secured thereby or by other means permitted by law, Landlord shall thereupon furnish Tenant with a written instrument of release which has been recorded or filed in the appropriate office of land records of the county in which the Leased Property is located and otherwise sufficient to establish the release as a matter of record. In any event, subject to Section 7.5.2 below, Tenant shall pay when due all claims for labor or materials furnished to or for Tenant at or for use on the Land and Leased Improvements.
7.5.2 Landlord may, at its option, contest the validity of any Landlord Lien or claim of lien if permitted by and in strict compliance with Applicable Laws. In the event that such Landlord Lien materially adversely impairs Tenant’s leasehold interest in or ability to operate the Leased Property during the period such contest is being pursued, Landlord shall, to the extent practicable, undertake commercially reasonable efforts to remove such lien of record. If judgment is obtained by the claimant under any Landlord Lien, Landlord shall pay the same immediately after such judgment shall have become final and the time for appeal therefrom has expired without appeal having been taken.
7.5.3 Landlord hereby agrees to indemnify, pay, insure, defend, save and hold harmless Tenant from and against any losses, costs, damages, debts, liens, claims, causes of action, administrative orders or notices, costs, fines, penalties or reasonable expenses, including reasonable attorneys’ fe...
Landlord Liens. Landlord hereby waives all liens and security interests Landlord may have or obtain (whether by contract, statute, constitution, under common law, or otherwise) on or in Tenant's personal property (including trade fixtures) located at the Premises and agrees to execute upon request additional reasonable instruments to further evidence such waiver.
Landlord Liens. Notwithstanding anything in this Lease to the contrary, Landlord hereby waives any and all of its Landlord’s Liens (as defined below). Without limiting the self-executing nature of the immediately preceding sentence, Landlord shall, within 10 business days after written request from Tenant, execute and deliver to Tenant a commercially reasonable form of waiver and access agreement in favor of any lender of Tenant. The term “Landlord’s Liens” means any contractual or statutory lien rights, and any other rights, that Landlord now possesses, or may by virtue of any law hereafter acquire, to seize, hold, distrain, levy on, take possession of, sell, or otherwise interfere with any or all chattels, new or used, that are owned, or may hereafter be acquired, by Tenant.
Landlord Liens. Landlord will not permit the Premises to become subject to any mechanics’, laborers’ or materialmen’s lien on account of labor or material furnished to Landlord or claimed to have been furnished to Landlord in connection with work of any character performed or claimed to have been performed on the Property by or at the direction or sufferance of Landlord; provided, however, Landlord shall have the right to contest in good faith and with reasonable diligence the validity of any such lien or claimed lien and on final determination of the lien or claim for lien, Landlord will immediately pay any judgment rendered with all proper costs and charges, and will, at its own expense, have the lien released and any judgment satisfied.
Landlord Liens. Borrower shall use commercially reasonable efforts to obtain subordination agreements from all U.S. landlords with consensual liens in form reasonably acceptable to Lender within 90 days following the Effective Date.
Landlord Liens. This Lease shall be subject and subordinate to any mortgage which may now or hereafter affect the Premises, and any renewals, modifications, consolidations, replacements or extensions thereof, provided that Landlord shall obtain from its mortgagee a written agreement with Tenant that provides that so long as Tenant shall not be in default of its obligations under this Lease beyond any applicable notice and cure period: (a) Tenant shall not be joined as a defendant in any proceeding which may be instituted to foreclose or enforce the mortgage, and (b) Tenant's possession and use of the Premises in accordance with the provisions of this Lease shall not be affected or disturbed by reason of the subordination of this Lease to, or any modification of or default, under the mortgage.
Landlord Liens. Lessee hereby gives and grants to City a lien upon, and pledges as collateral to City in case of default, all, chattels and personal property of every kind and description now or hereafter to be placed, installed or stored by Lessee at the Airport. Lessee agrees that in the event of any failure on the part of Lessee to comply with each and every one of the covenants and obligations hereof, or in the event of any default continuing for twenty days of any specified nature, after notification to Lessee by City in writing, City may take possession of and sell the same in any manner provided by law and may credit the net proceeds upon any indebtedness due or damage sustained by City, without prejudice to further claims thereafter to arise under the terms hereof. Any Leasehold Mortgage shall be subordinate to this contractual Landlord Lien and any statutory lien arising under the Texas Property Code, but shall be superior to the extent of such liens of any structures and fixtures on the Leased Premises.
Landlord Liens. The Parent shall seek to obtain a landlord lien waiver or subordination, in form and substance satisfactory to the Administrative Lender, from the lessor of any leased facility which has been granted a security interest in the accounts receivable relating to such leased facility and which security interest is not, by its terms, subordinated to the lien of the Administrative Lender granted by the Account Security Agreement.
Landlord Liens. Landlord shall have, and is hereby given and granted a lien (in addition to the statutory lien existing in favor of Landlords) on all Tenant’s furniture, fixtures, goods, merchandise and effects at anytime on or moved into the Demised Premises during the term of this Lease, to secure the payment of the rent and any and all other monies which shall accrue to Landlord under the terms of this Lease. The lien hereby granted shall be and remain effective notwithstanding the removal from the Demised Premises of any part or all of the property of Tenant.
