LANDLORD/MORTGAGEE WAIVERS. Debtor shall cause each mortgagee of real property owned by Debtor and each landlord of real property leased by Debtor to execute and deliver instruments satisfactory in form and substance to Bank by which such mortgagee or landlord subordinates its rights, if any, in the Collateral.
LANDLORD/MORTGAGEE WAIVERS. The Credit Parties will use their commercially reasonable efforts to obtain, and to maintain in effect, promptly following the Closing Date, Landlord’s Agreements on any leased Real Property (a) on which any items of Collateral owned by a Scheduled Subsidiary are located as of the Closing Date (as more particularly described on Schedule 4), and on which any items of Collateral owned by a Scheduled Subsidiary are located from time to time (but solely to the extent relating to a Schedule 4 Affiliation) from and after the Closing Date, (b) on which any other items of Collateral are located such that the aggregate value of Collateral covered by Landlord’s Agreements is at least equal to 75% of the aggregate value of Collateral located at all such locations at any time (excluding for purposes of this clause (b) the value of the Collateral at the locations covered by clause (a) of this Section 8.16), (c) that functions as the chief executive office of the Borrower and (d) at which material books and records of any Credit Party are located.
LANDLORD/MORTGAGEE WAIVERS. Debtor shall use its best efforts to cause each mortgagee of real property owned by Debtor and each landlord of real property leased by Debtor to execute and deliver instruments satisfactory in form and substance to Bank by which such mortgagee or landlord subordinates its rights, if any, in the Collateral.
LANDLORD/MORTGAGEE WAIVERS. The Borrower will promptly upon request of the Administrative Agent obtain, and will maintain in effect, Landlord’s Agreements on any leased Real Property on which any material items of Collateral are located, in form and substance reasonably acceptable to the Administrative Agent.
LANDLORD/MORTGAGEE WAIVERS. Borrower shall cause each mortgagee of real property owned by Borrower and each landlord ox xxxx xroperty leased by Borrower to execute and delixxx xxxxruments satisfactory in form and substance to Lender by which such mortgagee or landlord subordinates its rights, if any, in the Collateral.
LANDLORD/MORTGAGEE WAIVERS. Debtor shall use its best efforts to cause each mortgagee of real property owned by Debtor and each landlord of real property leased by Debtor to execute and deliver instruments satisfactory in form and substance to Bank by which such mortgagee or landlord subordinates its rights, if any, in the Collateral. Unless and until Debtor provides Bank with a Waiver and Subordination Agreement signed by the landlord of the premises with a street address of 00000 Xxxxx Xxxx, Xxxxxxxxxxxx, Xxxx 00000 (the “Ohio Location”), Debtor shall not store inventory valued in excess of $500,000.00 at the Ohio Location.
LANDLORD/MORTGAGEE WAIVERS. Upon Secured Party’s written request, Debtors shall use commercially reasonable efforts to cause each landlord of real property leased by Debtors and each mortgagee of real property owned by Debtors to execute and deliver instruments reasonably satisfactory in form and substance to Secured Party by which such mortgagee or landlord subordinates its rights, if any, in the Collateral.
LANDLORD/MORTGAGEE WAIVERS. If requested by Lender, Grantor shall cause each mortgagee of real property owned by Grantor and each landlord of real property leased by Grantor to execute and deliver instruments satisfactory in form and substance to Lender by which such mortgagee or landlord subordinates its rights, if any, in the Collateral.
LANDLORD/MORTGAGEE WAIVERS. Holdings will promptly upon request of the Lender obtain, and will maintain in effect, Collateral Access Agreements on any Real Property on which any items of Collateral are located, in form and substance reasonably acceptable to the Lender.
