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. 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. 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. In addition to any statutory landlord’s lien and in order to secure (a) payment of the Rent and all other sums payable to Landlord hereunder by Tenant, (b) payment of any loss, cost or damage that Landlord may suffer by reason of Tenant’s breach of this Lease, (c) the performance of Tenant’s obligations under the Existing Gaming Assets Note and the Gaming Cash Note, and (d) the performance of all of Tenant’s other obligations hereunder, Tenant hereby grants unto Landlord a security interest in, and an express contractual lien upon, the Gaming Assets (subject and subordinate to the Facility Mortgagee’s lien on such Gaming Assets and all proceeds thereof, if any) and any accounts held by Tenant, and all proceeds therefrom (collectively, together with any statutory lien rights, “Landlord Liens”). None of the Gaming Assets shall be removed from the Premises and no Tenant account shall be transferred or terminated by Tenant at any time when an Event of Default has occurred and is continuing or to the extent prohibited by the Facility Loan Documents. This Lease constitutes a “security agreement” on personal property within the meaning of the Uniform Commercial Code of the State of Nevada and other Applicable Laws. Upon Landlord’s request, Tenant shall deliver to Landlord financing statements, account control agreements and any other documentation reasonably requested by Landlord or any Facility Mortgagee(s) in form and substance sufficient to perfect the security interest of Landlord in (subject to any Facility Mortgagee(s)’s superior lien thereon, if any), or the collateral assignment to any Facility Mortgagee(s) of, the Gaming Assets and the proceeds thereof owned by Tenant from time to time during the Term of this Lease. Tenant further acknowledges that Landlord has assigned and pledged, or may assign or pledge in the future, to the Facility Mortgagee(s), as additional security for Landlord’s obligations under the loan secured by any Facility Mortgage, Landlord’s rights and interests under the Landlord Liens with respect to any and all Gaming Assets and any Tenant accounts now owned or hereafter acquired by Tenant at any time while the applicable Facility Mortgage remains in effect.
Landlord Liens. Landlord shall have a lien upon, and security interest in, all of the fixtures, furniture, equipment, stock, goods, merchandise and other property placed on the Demised Premises during the term of the Lease, to secure the payment of rentals and other sums due hereunder for the entire term of the Lease. In addition to the remedies granted by law, Landlord shall have and may exercise with respect to said collateral, all of the rights, remedies and powers of a secured party under the Uniform Commercial Code, including, without limitation, the right and power to sell, at a public or private sale or sales, or otherwise dispose of, lease or utilize, the collateral and any part or parts thereof in any matter authorized or permitted under said Code upon default by Tenant. At Landlord's request, Tenant shall execute and deliver to Landlord a financing statement appropriate for use under the Uniform Commercial Code or a signed counterpart of this Agreement or the short form thereof may be used as such financing statement. Landlord hereby agrees to subordinate its liens for rent and other sums to any equipment and/or inventory financing of Tenant.
Landlord Liens. Upon the request of the Secured Party, the Debtor shall deliver to the Secured Party all evidence of ownership in the Collateral, including certificates of title with the Secured Party’s interest appropriately noted on the certificate and if any of the Collateral is located upon land that is the subject of a lease or mortgage, the Debtor shall use its best efforts to obtain and deliver an agreement of subordination from the landlord or mortgagee providing that any lien of such party shall be subordinate to the security interest of the Secured Party granted herein. The Secured Party’s rights hereunder shall be enforceable at law or in equity, and the Debtor consents to the entry of judicial orders or injunctions enforcing specific performance of such obligations hereunder; and
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. The following terms and provisions shall apply with regard to Landlord Liens:
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.
