LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on the premises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this lease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 at public or private sale upon five (5) days notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.
Appears in 1 contract
Samples: Lease Agreement (Converse Inc)
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, receivables, chattel paper and other personal property of Tenant situated on the premisesLeased Premises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages arrearage in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this leaseLease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 paragraph at public or private sale upon five (5) days notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.
Appears in 1 contract
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on the premises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this lease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 at public or private sale upon five (5) days notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in to Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.
Appears in 1 contract
Samples: Lease Agreement (Glacier Corp)
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest (subordinate, however, to any purchase money security interest granted by Tenant to a third party) for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on the premises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this lease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 at public or private sale upon five (5) days notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.
Appears in 1 contract
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on the premisesPremises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this leaseLease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 20 at public or private sale upon five (5) days days' notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto. Notwithstanding the foregoing, Landlord agrees to subordinate its lien to the lien of any unrelated third party financing secured by all of such goods, wares, equipment, fixtures, furniture, inventory, accounts, chattel paper and other personal property of Tenant situated on the Premises.
Appears in 1 contract
Samples: Lease (Ecc International Corp)
LANDLORD'S LIEN. In In. addition to any statutory lien for rent in the Landlord's ’s favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipmentequipments, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on in the premises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this leaseLease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 paragraph at public or private sale upon five FIVE (5) days notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's ’s discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.
Appears in 1 contract
Samples: Lease (Mmax Media, Inc.)
LANDLORD'S LIEN. In addition to any statutory lien for rent in ---------------- Landlord's favor, Landlord shall have and Tenant hereby grants to Landlord landlord a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on the premisesLeased Premises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this leaseLease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 16 at public or private sale upon five (5) days days' notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or to desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.
Appears in 1 contract
Samples: Lease Agreement (Britesmile Inc)
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on the premisesPremises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this leaseLease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial CodeCode or other applicable law, including including, without limitation limitation, the right to sell the property described in this Paragraph 19 21 at public or private sale upon five (5) days notice to Tenantsale. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.
Appears in 1 contract
Samples: Lease Agreement (Homegrocer Com Inc)
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's ’s favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on the premisesLeased Premises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this leaseLease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 paragraph at public or private sale upon five (5) days notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's ’s discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.
Appears in 1 contract
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on the premises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this lease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 20 at public or private sale upon five (5) days notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual contractal lien herein granted being in addition and supplementary thereto.
Appears in 1 contract
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, receivables, chattel paper and other personal property of Tenant situated on the premisesLeased Premises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages arrearage in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this leaseLease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 paragraph at public or private sale upon five (5) days notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto. Landlord hereby agrees to subordinate Landlord's contractual and statutory lien to Tenant's lender, Chase Bank on Landlord's standard form.
Appears in 1 contract
Samples: Lease Agreement (Learningstar Corp)
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on the premisesPremises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default dreamt under this leaseLease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, . including without limitation the right to sell the property described in this Paragraph 19 45 at public or private sale upon providing the notice called for by the Uniform Commercial Code or if none is so called for upon five (5) days notice to Tenant. Tenant hereby agrees that this Lease shall constitute a security agreement and further agrees to execute such financing statements and other instruments necessary or desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.
Appears in 1 contract
Samples: The Lease (Logisticare Inc)
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby here by grants to Landlord a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on the premises, and such property shall not be removed therefrom there from without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this lease, Landlord shall have, have in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 18 at public or private sale upon five (5) days notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory statute or lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.
Appears in 1 contract
Samples: Lease Agreement (Powin Corp)
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby grants to Landlord landlord a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on the premises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this leaseLease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 paragraph at public or private sale upon five (5) days notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments insets necessary or desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.
Appears in 1 contract
Samples: Admiralty Bancorp Inc
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest for in all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on the premises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this lease, Landlord shall have, have in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 at public or private sale upon five (5) days days' notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.
Appears in 1 contract
Samples: Lease Agreement (Stimsonite Corp)
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have have, and Tenant hereby grants to Landlord Landlord, a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on the premisesPremises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages arrearage in rent rent, as well as any and all other sums of money then due to Landlord hereunder hereunder, shall first have been paid and discharged. In the event of a default under this lease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 20 at public or private sale upon five (5) days notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto. See Paragraph 28.
Appears in 1 contract
Samples: Packaged Ice Inc
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest for in all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on the premises, Premises; and such property shall not be removed therefrom without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this leaseLease, Landlord shall have, have in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 at public or private sale upon five (5) days days' notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto. Notwithstanding the foregoing, Landlord is put on notice and acknowledges that certain assets of the business currently have a UCC filing that is primary.
Appears in 1 contract
Samples: Lease Agreement (Coffeeam Com Inc)
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all of Tenant's goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on the premisesPremises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this leaseLease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 Section at public or private sale upon five (5) days notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's discretion to perfect the security interest hereby created. Landlord agrees that, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on upon Tenant's behalf. Any statutory lien request, Landlord will execute documents reasonably satisfactory to Landlord which will evidence Landlord's agreement to subordinate its rights under this Section 23.01 to the rights of Tenant's lender if the purpose of the request is to enable Tenant to obtain funds needed for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary theretoworking capital or expansion needs or with respect to existing loans.
Appears in 1 contract
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant Tenant, situated on the premises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages arranges in rent as well as any and all other sums of money then due to Landlord the hereunder shall first have been paid and discharged. In the event of a default under this lease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 18 at public or private sale upon five (5) days notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory stationary lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.
Appears in 1 contract
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have have, and Tenant hereby grants to Landlord Landlord, a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, waresware, equipment, equipment fixtures, furniture, inventory, accounts, contract rightsrighxx, chattel paper and other personal property of Tenant situated on the premises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages arrearage in rent as well as any and all other sums of money then due to Landlord hereunder shall first fast have been paid and discharged. In the event of a default under this leaseLease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including including, without limitation limitation, the right to sell the property described in this Paragraph 19 20 at public or private sale upon five (5) days notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in in' addition and supplementary thereto.
Appears in 1 contract
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby grants grant to Landlord a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on the premises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this lease, Landlord shall have, in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 at public or private sale upon five ten (510) days notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.
Appears in 1 contract
Samples: Lease Agreement (Luminex Corp)
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's ’s favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest for in all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other personal property of Tenant situated on the premisesPremises, and such property shall not be removed therefrom without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this leaseLease, Landlord shall have, have in addition to any other remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 at public or private sale upon five (5) days days’ notice to Tenant. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's ’s discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.
Appears in 1 contract
LANDLORD'S LIEN. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest for all rentals and other sums of money becoming due hereunder from Tenant, upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, receivables, chattel paper and other personal property of Tenant situated on the premisesLeased Premises, and such property shall not be removed therefrom there from without the consent of Landlord until all arrearages arrearage in rent as well as any and all other sums of money then them due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this leaseLease, Landlord shall have, in addition to any other ether remedies provided herein or by law, all rights and remedies under the Uniform Commercial Code, including without limitation the right to sell the property described in this Paragraph 19 paragraph at public or private sale upon five (5) days notice to Tenant. Tenant Tenant, hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's discretion to perfect the security interest hereby created, and hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute such financing statements and other instruments on Tenant's behalf. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.
Appears in 1 contract
Samples: Lease Agreement (Entech Environmental Technologies Inc)