Landlord's Agreements. The Landlord agrees with the Tenant as follows:
Landlord's Agreements. Borrower will provide or cause to be provided, on the Effective Date, landlord waivers and agreements in a form acceptable to DFS with respect to leased real property and with respect to any future leases, prior to entering into them.
Landlord's Agreements. Within sixty (60) days of the date hereof, the duly executed Landlord’s Agreement from each of Borrower’s landlords.
Landlord's Agreements. Each Credit Party shall obtain a landlord's agreement, mortgagee agreement and bailee letter as applicable, from the lessor of each leased property, mortgagee of owned property or bailee with respect to any warehouse, processor or converter facility or other location where Collateral is stored or located, which agreement or letter shall contain a waiver or subordination of all Liens or claims that the landlord, mortgagee or bailee may assert against the Collateral at that location, and shall otherwise be reasonably satisfactory in form and substance to Agent. With respect to such locations or warehouse space leased or owned as of the Closing Date and thereafter, if Agent has not received a landlord or mortgagee agreement or bailee letter as of the Closing Date (or, if later, as of the date such location is acquired or leased), Borrower's Eligible Inventory at that location shall, in Agent's discretion, be excluded from the Borrowing Base or be subject to such Reserves as may be established by Agent in its reasonable credit judgment. After the Closing Date, no real property or warehouse space shall be leased by any Credit Party and no Inventory shall be shipped to a processor or converter under arrangements established after the Closing Date without the prior written consent of Agent (which consent, in Agent's discretion, may be conditioned upon the exclusion from the Borrowing Base of Eligible Inventory at that location or the establishment of Reserves acceptable to Agent) or, unless and until a satisfactory landlord agreement or bailee letter, as appropriate, shall first have been obtained with respect to such location. Each Credit Party shall timely and fully pay and perform its obligations under all leases and other agreements with respect to each leased location or public warehouse where any Collateral is or may be located. To the extent permitted hereunder, if any Credit Party proposes to acquire a fee ownership interest in Real Estate after the Closing Date, it shall first provide to Agent a mortgage or deed of trust granting Agent a first priority Lien on such Real Estate, together with environmental audits, mortgage title insurance commitment, real property survey, local counsel opinion(s), and, if required by Agent, supplemental casualty insurance and flood insurance, and such other documents, instruments or agreements reasonably requested by Agent, in each case, in form and substance reasonably satisfactory to Agent.
Landlord's Agreements. Each Credit Party shall obtain a landlord’s agreement, mortgagee agreement and bailee letter as applicable, from the lessor of each leased property, mortgagee of owned property or bailee with respect to any warehouse, processor or converter facility or other location where Collateral is stored or located, which agreement or letter shall contain a waiver or subordination of all Liens or claims that the landlord, mortgagee or bailee may assert against the Collateral at that location, and shall otherwise be reasonably satisfactory in form and substance to Agent. After the Closing Date, no real property or warehouse space shall be leased by any Credit Party and no Inventory shall be shipped to a processor or converter under arrangements established after the Closing Date without the prior written consent of Agent or, unless and until a satisfactory landlord agreement or bailee letter, as appropriate, shall first have been obtained with respect to such location. Each Credit Party shall timely and fully pay and perform its obligations under all leases and other agreements with respect to each leased location or public warehouse where any Collateral is or may be located. To the extent permitted hereunder, if any Credit Party proposes to acquire a fee ownership interest in Real Estate after the Closing Date, it shall first provide to Agent a mortgage or deed of trust granting Agent a first priority Lien on such Real Estate, together with environmental audits, mortgage title insurance commitment, real property survey, local counsel opinion(s), and, if required by Agent, supplemental casualty insurance and flood insurance, and such other documents, instruments or agreements reasonably requested by Agent, in each case, in form and substance reasonably satisfactory to Agent.
Landlord's Agreements. The Borrower and the Included Subsidiaries shall at all times use their best efforts to obtain and maintain in effect subordination and access agreements executed by any lessor or sublessor who holds any interest in premises utilized by the Borrower or any Included Subsidiary if the aggregate value of property of the Borrower and its Included Subsidiaries located thereon exceeds $100,000 (except, however, that no such agreement shall be required prior to December 31, 1997, for the premises located at 000 Xxxxxx Xxxxx Xxxx, Xxxxx, Xxxxxxx). The agreements shall be in form and substance reasonably satisfactory to the Bank.
Landlord's Agreements. 17.01 Landlord hereby represents, warrants and covenants with Tenant as follows:
Landlord's Agreements. Landlord’s waivers or subordination agreements for each location of Collateral as the Administrative Agent may require, each in the form and substance satisfactory to the Administrative Agent and executed by the respective landlords of such locations.
Landlord's Agreements. Borrower will cooperate with DFS to obtain, on the Effective Date, landlord waivers and agreements in a form acceptable to DFS with respect to leased real property and with respect to any future leases, prior to entering into them.
Landlord's Agreements. Borrower shall assist Bank in obtaining a Landlord's Agreement from each lessor of property(ies) set forth on Exhibit B, which Landlord's Agreement shall include a copy of the relevant lease.
