Common use of Landlord Waivers; Collateral Access Agreements Clause in Contracts

Landlord Waivers; Collateral Access Agreements. 4.12.1 Each Grantor shall (i) use commercially reasonable efforts until the date that is ninety (90) days after the Effective Date (or such later date agreed to by the Collateral Agent in its reasonable discretion), to execute and deliver to the Collateral Agent a landlord waiver, in form and substance satisfactory to the Required Secured Parties and which may be included as a provision contained in the relevant lease, executed by each landlord with respect to each of the leases set forth on Part B of Schedule 1 hereto to the extent the book value of Collateral maintained at such location exceeds $250,000 (when aggregated with all other Collateral at the same location) and (ii) use commercially reasonable efforts until the date that is ninety (90) days after the Effective Date (or such later date agreed to (a) by the Collateral Agent in its reasonable discretion so long as such later date is not more than 60 days after such 90th day or (b) by the Required Secured Parties in their reasonable discretion if such later date is more than 60 days after such 90th day), to execute and deliver to the Collateral Agent a collateral access agreement, in form and substance satisfactory to the Collateral Agent, executed by each Person set forth on Part C of Schedule 1 hereto who possesses Inventory of any Grantor to the extent the book value of Collateral maintained at such location exceeds $250,000 (when aggregated with all other Collateral at the same location);

Landlord Waivers; Collateral Access Agreements. 4.12.1 Each Grantor shall (i) use commercially reasonable efforts until the date that is ninety (90) days after the Effective Date (or such later date agreed to by the Collateral Agent in its reasonable discretion), to execute and deliver to the Collateral Agent a landlord waiver, in form and substance satisfactory to the Required Secured Parties and which may be included as a provision contained in the relevant lease, executed by each landlord with respect to each of the leases set forth on Part B of Schedule 1 hereto to the extent the book value of Collateral maintained at such location exceeds $250,000 (when aggregated with all other Collateral at the same location) and (ii) use commercially reasonable efforts until the date that is ninety (90) days after the Effective Date (or such later date agreed to (a) by the Collateral Agent in its reasonable discretion so long as such later date is not more than 60 days after such 90th 90 day or (b) by the Required Secured Parties in their reasonable discretion if such later date is more than 60 days after such 90th 90 day), to execute and deliver to the Collateral Agent a collateral access agreement, in form and substance satisfactory to the Collateral Agent, executed by each Person set forth on Part C of Schedule 1 hereto who possesses Inventory of any Grantor to the extent the book value of Collateral maintained at such Alliance – Security Agreement xx xx xx xx location exceeds $250,000 (when aggregated with all other Collateral at the same location);

Landlord Waivers; Collateral Access Agreements. 4.12.1 Each Grantor shall (i) use commercially reasonable efforts until the date that is ninety (90) days after the Effective Date (or such later date agreed to by the Collateral Agent in its reasonable discretion), to execute and deliver to the Collateral Agent a landlord waiver, in form and substance satisfactory to the Required Secured Parties Collateral Agent and which may be included as a provision contained in the relevant lease, executed by each landlord with respect to each of the leases set forth on Part B of Schedule 1 hereto to the extent the book value of Collateral maintained at such location exceeds $250,000 (when aggregated with all other Collateral at the same location) and (ii) use commercially reasonable efforts until the date that is ninety (90) days after the Effective Date (or such later date agreed to (a) by the Collateral Agent in its reasonable discretion so long as such later date is not more than 60 days after such 90th day or (b) by the Required Secured Parties in their reasonable discretion if such later date is more than 60 days after such 90th daydiscretion), to execute and deliver to the Collateral Agent a collateral access agreement, in form and substance satisfactory to the Collateral Agent, executed by each Person set forth on Part C of Schedule 1 hereto who possesses Inventory of any Grantor to the extent the book value of Collateral maintained at such location exceeds $250,000 (when aggregated with all other Collateral at the same location);