Common use of LANDLORD'S LIEN Clause in Contracts

LANDLORD'S LIEN. To the fullest extent permitted by applicable law, Landlord is granted a lien and security interest on all of Tenant's personal property now or hereafter located on the Property, and such lien and security interest shall remain attached to Tenant's personal property until payment in full of all Rent and satisfaction of all of Tenant's obligations hereunder; provided, however, Landlord shall subordinate its lien and security interest only to that of any third party lender or seller which finances Tenant's personal property, the terms and conditions of such subordination to be satisfactory to Landlord in its reasonable discretion. Tenant shall, upon the request of Landlord, execute such financing statements or other documents or instruments reasonably requested by Landlord to perfect the lien and security interests herein granted.