Common use of Landlord Waiver Clause in Contracts

Landlord Waiver. Coast shall have received duly executed (a) landlord waivers and access agreements in form and substance satisfactory to Coast, in Coast's sole and absolute discretion, and, when deemed appropriate by Coast, in form for recording in the appropriate recording office, with respect to all leased locations where Borrower maintains any inventory or equipment. (b) mortgagee waivers in form and substance satisfactory to Coast, in Coast's sole and absolute discretion, and when deemed appropriate by Coast, in form for recording in the appropriate recording office, with respect to all mortgaged locations where Borrower maintains any inventory or equipment. (c) warehouse waivers in form and substance satisfactory to Coast, in Coast's sole and absolute discretion, and when deemed appropriate by Coast, in form for recording in the appropriate recording office, with respect to all warehouse locations where Borrower maintains any inventory or equipment.

Appears in 4 contracts

Samples: Loan and Security Agreement (Research Inc /Mn/), Loan and Security Agreement (NTN Communications Inc), Loan and Security Agreement (Bristol Retail Solutions Inc)

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Landlord Waiver. Coast shall have received duly executed. (a) landlord waivers and access agreements in form and substance satisfactory to Coast, in Coast's sole and absolute discretion, and, when deemed appropriate by Coast, in form for recording in the appropriate recording office, with respect to all leased locations where Borrower maintains any inventory or equipment. (b) mortgagee waivers waivers, in form and substance satisfactory to Coast, in Coast's sole and absolute discretion, and when deemed appropriate by Coast, in form for recording in the appropriate recording office, with respect to all mortgaged locations where Borrower maintains any inventory or equipment. (c) warehouse waivers in form and substance satisfactory to Coast, in Coast's sole and absolute discretion, and when deemed appropriate by Coast, in form for recording in the appropriate recording office, with respect to all warehouse locations where Borrower maintains any inventory or equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Dotronix Inc)

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