Common use of LANDLORD'S LIEN Clause in Contracts

LANDLORD'S LIEN. As additional security for payment of rent, damages and all other payments required to be made by this Lease, Tenant hereby grants to Landlord a lien upon all property of Tenant now or subsequently located upon the Demised Premises. If Tenant abandons or vacates any substantial portion of the Demised Premises or is in default in the payment of any rentals, damages or other payments required to be made by this Lease, Landlord may enter upon the Demised Premises, by picking or changing locks, if Landlord deems necessary, and take possession of all or any part of the personal property of Tenant, and sell all or any part of the personal property at a public or private sale, in one or successive sales, with or without notice, to the highest bidder for cash and, on behalf of Tenant, sell and convey all or part of the personal property to the highest bidder, delivering all of Tenant's title and interest in the personal property sold. The proceeds of any sale shall be applied by Landlord to the reasonable costs, expenses and attorney's fees incurred as a result of any sale, and then toward the payment of all sums then due by Tenant to Landlord under the terms of this Lease, any excess remaining shall be paid to Tenant or any other person entitled thereto by law.

Appears in 2 contracts

Samples: Lease (Integrated Business Systems & Services Inc), Office Lease (Integrated Business Systems & Services Inc)

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LANDLORD'S LIEN. As additional security for payment of rent, damages and all other payments required to be made by this Lease, Tenant Lessee hereby grants to Landlord Lessor a lien upon all property of Tenant Lessee now or subsequently located upon the Demised PremisesLeased Premises and Lessee agrees not remove such property from the Leased Premises except in the ordinary course of business, provided at the time of such removal Lessee is not in default. If Tenant Lessee abandons or vacates any substantial portion of the Demised Leased Premises or is in default in the payment of any rentals, damages or other payments required to be made by this Lease or is in default of any other provision of this Lease, Landlord Lessor may enter upon the Demised Leased Premises, by picking or changing locks, locks if Landlord deems necessary, and take possession of all or any part of the personal property of Tenantproperty, and may sell all or any part of the personal property at a public or private sale, in one or successive sales, with or without notice, to the highest bidder for cash cash, and, on behalf of TenantLessee, sell and convey all or part of the personal property to the highest bidder, delivering to the highest bidder all of TenantLessee's title and interest in the personal property sold. The proceeds of any the sale of the personal property shall be applied by Landlord to Lessor toward the reasonable costscosts and expenses of the sale, expenses and including attorney's fees incurred as a result of any salefees, and then toward the payment of all sums then due by Tenant Lessee to Landlord Lessor under the terms of this Lease, any . Any excess remaining shall will be paid to Tenant Lessee or any other person entitled thereto by law.

Appears in 2 contracts

Samples: Commercial Lease (American Telesource International Inc), Commercial Lease (American Telesource International Inc)

LANDLORD'S LIEN. As additional security for Lessee's payment of rent, damages and all other payments required to be made by this Lease, Tenant Lessee hereby grants to Landlord Lessor a lien upon all property of Tenant Lessee now or subsequently located upon the Demised Leased Premises. If Tenant Lessee abandons or vacates any substantial portion of the Demised Leased Premises or is in default in the payment of any rentals, damages or other payments required to be made by this Lease or is in default of any other provision of this Lease, Landlord Lessor may enter upon the Demised PremisesLeased Premises without liability for trespass, by picking or changing locks, locks if Landlord deems necessary, and take possession of all or any part of the personal property of Tenantproperty, and may sell all or any part of the personal property at a public or private sale, in one or successive sales, sales with or without notice, to the highest bidder for cash andcash, and on behalf of TenantLessee, sell and convey all or part of the their personal property to the highest bidder, delivering to the highest bidder all of TenantLessee's title and interest in the personal property soldsold him. The proceeds of any the sale of the personal property shall be applied by Landlord to Lessor toward the reasonable costscosts and expenses of the sale, expenses and including attorney's fees incurred as a result of any salefees, and then toward the payment of all sums then due by Tenant Lessee to Landlord Lessor under the terms of this Lease, ; any excess remaining shall be paid to Tenant Lessee or any other person entitled thereto by law.

Appears in 2 contracts

Samples: Commercial Lease Agreement (Data Return Corp), Commercial Lease Agreement (Data Return Corp)

LANDLORD'S LIEN. As additional security for payment of rent, damages and all other payments required to be made by this Lease, Tenant Lessee hereby grants to Landlord Lessor a lien upon all property of Tenant Lessee now or subsequently located upon the Demised Leased Premises. If Tenant Lessee abandons or vacates any substantial portion of the Demised Leased Premises or is in default in the payment of any rentals, damages or other payments required to be made by this Lease or is in default in the payment of any rentals, damages or other payments required to be made by this Lease or is in default of any other provision of this Lease, Landlord Lessor may enter upon the Demised Premises, by picking or changing locks, if Landlord deems necessaryLeased Premises upon obtaining appropriate legal process, and take possession of all or any my part of the personal property of Tenantproperty, and may sell all or any part of the personal property at a public or private sale, in one or successive sales, with or without notice, to the highest bidder for cash cash, and, on behalf of TenantLessee, sell and convey all or part of the personal property to the highest bidder, delivering to the highest bidder all of TenantLessee's title and interest in the personal property sold. The proceeds of any the sale of the personal property shall be applied by Landlord to Lessor toward the reasonable costscosts and expenses of the sale, expenses and including attorney's fees incurred as a result of any salefees, and then toward the payment of all sums then due by Tenant Lessee to Landlord Lessor under the terms of this Lease, any . Any excess remaining shall be paid to Tenant Lessee or any other person entitled thereto by law.

Appears in 1 contract

Samples: Lease Agreement (Community Financial Group Inc)

LANDLORD'S LIEN. As additional security for payment of rent, damages and all other payments required to be made by this Lease, Tenant Lessee hereby grants to Landlord a Lessor a lien upon all property of Tenant Lessee now or subsequently located upon the Demised Premisesleased premises. If Tenant Lessee abandons or vacates any substantial portion of the Demised Premises leased premises or is in default in the payment of any rentals, damages or other payments of any rentals, damages or other payments required to be made by this Lease or is in default of any other provision of this Lease, Landlord . Lessor may enter upon the Demised Premisesleased premises, by picking or changing locks, locks if Landlord deems necessary, and take possession of all or any part of the personal property of Tenantproperty, and may sell all or any part of the personal property at a public or private sale, in one or more successive sales, with or without notice, to the highest bidder for cash cash, and, on behalf of TenantLessee, sell and convey all or part of the personal property to the highest bidder, delivering to the highest bidder all of Tenant's Lessee’s title and interest in the personal property sold. The proceeds of any the sale of the personal property shall be applied by Landlord to Lessor toward the reasonable costscosts and expenses of the sale, expenses and including attorney's fees incurred as a result of any sale’s fees, and then toward the payment of all sums then due by Tenant Lessee to Landlord Lessor under the terms of this Lease, any . Any excess remaining shall be paid to Tenant Lessee or any other person entitled thereto by law.

Appears in 1 contract

Samples: Lease Agreement (Liquidmetal Technologies Inc)

LANDLORD'S LIEN. As additional security for Lessee’s payment of rent, damages and all other payments required payment to be made by this Lease, Tenant Lessee hereby grants to Landlord Lessor a lien upon all property of Tenant Lessee now or subsequently located upon the Demised Premisesleased premises. If Tenant Lessee abandons or vacates any substantial portion of the Demised Premises leased premises or is in default in the payment of any rentalsrental, damages or other payments required to be made by this Leaselease or is in default of any other provision of the lease, Landlord Lessor may enter upon the Demised Premisesleased premises with courtorder, by picking or changing locks, the locks if Landlord deems necessary, and take possession of all or any part of the personal property of Tenantproperty, and sell all or any part of the personal property at a public or private sale, in one or successive sales, with or without notice, to the highest bidder for cash cash, and, on behalf of TenantLessee, sell and convey all or part of the personal property sold to the highest bidder, delivering all of Tenant's title and interest in the personal property soldhim. The proceeds of any the sale of the personal property shall be applied by Landlord to the reasonable costs, expenses and attorney's fees incurred as a result of any sale, and then Lessor toward the payment of all sums then due by Tenant Lessee to Landlord Lessor under the terms of this Leaselease, and any excess remaining shall be paid to Tenant Lessee or any other person entitled thereto by law.

Appears in 1 contract

Samples: Lease Agreement (Vision Bancshares Inc)

LANDLORD'S LIEN. As additional security for payment of rent, damages and all other payments required to be made by this Lease, Tenant Lessee hereby grants to Landlord Lessor a lien upon all property of Tenant Lessee now or subsequently located upon the Demised Premisesleased premises. If Tenant Lessee abandons or vacates any substantial portion of the Demised Premises leased premises or is in default in the payment of any rentals, damages or other payments required to be made by this Lease or is in material default of any other provision of this Lease ,taking into account any notice and cure provisions in this Lease, Landlord Lessor may enter upon the Demised Premisesleased premises, by picking or changing locks, locks if Landlord deems necessary, and take possession of all or any part of the personal property of Tenantproperty, and may sell all or any part of the personal property at a public or private sale, in one or successive sales, with or without notice, to the highest bidder for cash cash, and, on behalf of TenantLessee, sell and convey all or part of the personal property to the highest bidder, delivering to the highest bidder all of TenantLessee's title and interest in the personal property sold. The proceeds of any the sale of the personal property shall be applied by Landlord to Lessor toward the reasonable costscosts and expenses of the sale, expenses and including reasonable attorney's fees incurred as a result of any salefees, and then toward the payment of all sums then due by Tenant Lessee to Landlord Lessor under the terms of this Lease, any . Any excess remaining shall be paid to Tenant Lessee or any other person entitled thereto by law.

Appears in 1 contract

Samples: Commercial Lease (Intelect Communications Systems LTD)

LANDLORD'S LIEN. As additional security for payment of rent, damages and all other payments required to be made by this Lease, Tenant Lessee hereby grants to Landlord Lessor a lien upon all property of Tenant Lessee now or subsequently located upon the Demised Premisesleased premises. If Tenant abandons or vacates any substantial portion of the Demised Premises or Lessee is in default in the payment of any rentals, damages or other payments required to be made by this LeaseLease or is in default of any other material provision of this Lease and such default has not been cured as determined under the provisions of Article 11.00, Landlord Lessor may enter upon the Demised Premisesleased premises, by picking or changing locks, locks if Landlord deems necessary, and take possession of all or any part of the personal property of Tenantproperty, and may sell all or any part of the personal property at a public or private sale, in one or successive sales, with or without notice, to the highest bidder for cash cash, and, on behalf of TenantLessee, sell and convey all or part of the personal property to the highest bidder, delivering to the highest bidder all of Tenant's Lessee’s title and interest in the personal property sold. The proceeds of any the sale of the personal property shall be applied by Landlord to Lessor toward the reasonable costscosts and expenses of the sale, expenses and including attorney's fees incurred as a result of any sale’s fees, and then toward the payment of all sums then due by Tenant Lessee to Landlord Lessor under the terms of this Lease, any . Any excess remaining shall be paid to Tenant Lessee or any other person entitled thereto by law.

Appears in 1 contract

Samples: Commercial Lease (Mathstar Inc)

LANDLORD'S LIEN. As additional security for payment of rent, damages and all other payments required to be made by this Lease, Tenant Lessee hereby grants to Landlord Lessor a lien upon all property of Tenant Lessee now or subsequently located upon the Demised Premisesleased premises. If Tenant Lessee abandons or vacates any substantial portion of the Demised Premises leased premises or is in default in the payment of any rentals, damages or other payments required to be made by this Lease or is in default of any other provision of this Lease, Landlord Lessor may enter upon the Demised Premisesleased premises, by picking or changing locks, locks if Landlord deems necessary, and take possession of all or any part of the personal property of Tenantproperty, and may sell all or any part of the personal property at a public or private sale, in one or successive sales, with or without notice, to the highest bidder for cash cash, and, on behalf of TenantLessee, sell and convey all or part of the personal property to the highest bidder, delivering to the highest bidder all of TenantLessee's title and interest in the personal property sold. The proceeds of any the sale of the personal property shall be applied by Landlord to Lessor toward the reasonable costscosts and expenses of the sale, expenses and including attorney's fees incurred as a result of any salefees, and then toward the payment of all sums then due by Tenant Lessee to Landlord Lessor under the terms of this Lease, any . Any excess remaining shall be paid to Tenant Lessee or any other person entitled thereto by law. Notwithstanding anything to the contrary herein, Lessor agrees to execute a Waive of Landlord's Lien in favor of a financial institution providing financing to Lessee substantially in the form of Exhibit B attached hereto and made a part hereof.

Appears in 1 contract

Samples: Commercial Lease (Allstar Systems Inc)

LANDLORD'S LIEN. As additional security for payment of rent, damages and all other payments required to be made by this Lease, Tenant Lessee hereby grants to Landlord Lessor a lien upon all property of Tenant Lessee now or subsequently located upon the Demised Premisesleased premises. If Tenant Lessee abandons or vacates any substantial portion of the Demised Premises leased premises or is in default in the payment of any rentals, damages or other payments required to be made by this Lease or is in material default of any other provision of this Lease, Landlord taking into account any notice and cure provisions in this Lease, Lessor may enter upon the Demised Premisesleased premises, by picking or changing locks, locks if Landlord deems necessary, and take possession of all or any part of the personal property of Tenantproperty, and may sell all or any part of the personal property at a public or private sale, in one or successive sales, with or without notice, to the highest bidder for cash cash, and, on behalf of TenantLessee, sell and convey all or part of the personal property to the highest bidder, delivering to the highest bidder all of TenantLessee's title and interest in the personal property sold. The proceeds of any the sale of the personal property shall be applied by Landlord to Lessor toward the reasonable costscosts and expenses of the sale, expenses and including reasonable attorney's fees incurred as a result of any salefees, and then toward the payment of all sums then due by Tenant Lessee to Landlord Lessor under the terms of this Lease, any . Any excess remaining shall be paid to Tenant Lessee or any other person entitled thereto by law.

Appears in 1 contract

Samples: Commercial Lease (Teraforce Technology Corp)

LANDLORD'S LIEN. As additional In addition to and cumulative of any statutory landlord's lien provided by law, as security for Lessee's payment of rent, damages and all other payments required to be made by this Lease, Tenant Lessee hereby grants to Landlord Lessor a lien upon all property of Tenant Lessee now or subsequently located upon the Demised Leased Premises. If Tenant Lessee abandons or vacates any substantial portion of the Demised Premises Leased premises or is in default in the payment of any rentals, damages or other payments required to be made by this Lease or is in default of any other provision of this Lease, Landlord Lessor may enter upon the Demised Leased Premises, by picking or changing locks, locks if Landlord deems necessary, and take possession of all or any part of the personal property of Tenantproperty, and may sell all or any part of the personal property at a public or private sale, in one or successive sales, with or without notice, to the highest bidder for cash cash, and, on behalf of TenantLessee, sell and convey all or part of the personal property to the highest bidder, delivering to the highest bidder all of TenantLessee's title and interest in the personal property soldsold to him. The proceeds of any the sale of the personal property shall be applied by Landlord to Lessor toward the reasonable costscosts and expenses of the sale, expenses and including attorney's fees incurred as a result of any salefees, and then toward the payment of all sums then due by Tenant Lessee to Landlord Lessor under the terms of this Lease, ; any excess remaining shall be paid to Tenant Lessee or any other person entitled thereto by law.

Appears in 1 contract

Samples: Commercial Lease Agreement (Avtel Communications Inc/Ut)

LANDLORD'S LIEN. As additional security for payment of rent, damages and all other payments required to be made by this Lease, Tenant Lessee hereby grants to Landlord Lessor a lien upon all property of Tenant Lessee now or subsequently located upon the Demised Premisesleased premises. If Tenant Lessee abandons or vacates any substantial portion of the Demised Premises leased premises or is in default in the payment of any rentals, damages or other payments required to be made by this Lease or is in default of any other provision of this Lease, Landlord Lessor may enter upon the Demised Premisesleased premises, by picking or changing locks, locks if Landlord deems necessary, and take possession of all or any part of the personal property of Tenantproperty, and may sell all or any part of the personal property at a public or private sale, in one or successive sales, with or without notice, to the highest bidder for cash cash, and, on behalf of TenantLessee, sell and convey all or part of the personal property to the highest bidder, delivering to the highest bidder all of TenantLessee's title and interest in the personal property sold. The proceeds of any the sale of the personal property shall be applied by Landlord to Lessor toward the reasonable costscosts and expenses of the sale, expenses and including attorney's fees incurred as a result of any salefees, and then toward the payment of all sums then due by Tenant Lessee to Landlord Lessor under the terms of this Lease, any excess remaining shall be paid to Tenant or any other person entitled thereto by law.of

Appears in 1 contract

Samples: Standard Commercial Lease (Spacehab Inc \Wa\)

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LANDLORD'S LIEN. As additional security for Lessee's payment of rent, damages and all other payments required to be made by this Lease, Tenant Lessee hereby grants to Landlord Lessor a lien hen upon all property of Tenant Lessee now or subsequently located upon the Demised Leased Premises. If Tenant Lessee abandons or vacates any substantial portion of the Demised Leased Premises or is in default in the payment of any rentals, damages or other payments required to be made by this Lease or is in default of any other provision of this Lease, Landlord Lessor may enter upon the Demised PremisesLeased Premises without liability for trespass, by picking or changing locks, locks if Landlord deems necessary, and take possession of all or any part of the personal property of Tenantproperty, and may sell all or any part of the personal property at a public or private sale, in one or successive sales, sales with or without notice, to the highest bidder for cash andcash, and on behalf of TenantLessee, sell and convey all or part pan of the their personal property to the highest bidder, delivering to the highest bidder all of TenantLessee's title and interest in the personal property soldsold him. The proceeds of any the sale of the personal property shall be applied by Landlord to Lessor toward the reasonable costscosts and expenses of the sale, expenses and including attorney's fees incurred as a result of any salefees, and then toward the payment of all sums then due by Tenant Lessee to Landlord Lessor under the terms of this Lease, ; any excess remaining shall be paid to Tenant Lessee or any other person entitled thereto by law.

Appears in 1 contract

Samples: Commercial Lease Agreement (Lanstar Semiconductor Inc)

LANDLORD'S LIEN. As additional security for payment of rent, damages and all other payments required to be made by this Lease, Tenant Lessee hereby grants to Landlord Lessor a lien upon all property of Tenant Lessee now or subsequently located upon the Demised Premisesleased premises. If Tenant Lessee abandons or vacates any substantial portion of the Demised Premises leased premises or is in default in the payment of any rentals, damages or other payments required to be made by by, this Lease or is in default of any other provision of this Lease, Landlord Lessor may enter upon the Demised Premisesleased premises, by picking or changing locks, locks if Landlord deems necessary, and take possession of all or any part of the personal property of Tenantproperty, and may sell all or any part of the personal property at a public or private sale, in one or successive sales, with or without notice, to the highest bidder for cash cash, and, on behalf of TenantLessee, sell and convey all or part of the personal property to the highest bidder, delivering to the highest bidder all of TenantLessee's title and interest in the personal property sold. The proceeds of any the sale of the personal property shall be applied by Landlord to Lessor toward the reasonable costscosts and expenses of the sale, expenses and including attorney's fees incurred as a result of any salefees, and then toward the payment of all sums then due by Tenant Lessee to Landlord Lessor under the terms of this Lease, any . Any excess remaining shall be paid to Tenant Lessee or any other person entitled thereto by law.

Appears in 1 contract

Samples: Commercial Lease (Learningstar Inc)

LANDLORD'S LIEN. As additional security for payment of rent, damages and all other payments required to be made by this Lease, Tenant Lessee hereby grants to Landlord Lessor a lien upon all property of Tenant lessee now or subsequently located upon the Demised Premisesleased premises. If Tenant Lessee abandons or vacates any substantial portion of the Demised Premises leased premises or is in default in the payment of any rentals, damages or other payments required to be made by by, this Lease or is in default of any other provision of this Lease, Landlord Lessor may enter upon the Demised Premisesleased premises, by picking or changing locks, locks if Landlord deems necessary, and take possession of all or any part of the personal property of Tenantproperty, and may sell all or any part of the personal property at a public or private sale, in one or successive sales, with or without notice, to the highest bidder for cash cash, and, on behalf of TenantLessee, sell and convey all or part of the personal property to the highest bidder, delivering to the highest bidder all of TenantLessee's title and interest in the personal property sold. The proceeds of any the sale of the personal property shall be applied by Landlord to Lessor toward the reasonable costscosts and expenses of the sale, expenses and including attorney's fees incurred as a result of any salefees, and then toward the payment of all sums then due by Tenant Lessee to Landlord Lessor under the terms of this Lease, any . Any excess remaining shall be paid to Tenant Lessee or any other person entitled thereto by law.

Appears in 1 contract

Samples: Commercial Lease (Performance Printing Corp)

LANDLORD'S LIEN. As additional security for payment of rent, damages and all other payments required to be made by this Lease, Tenant hereby grants to Landlord a lien upon all property of Tenant now or subsequently located upon the Demised Premisesleased premises; said lien shall be second in nature to Tenants primary lien with One Bank. If Tenant abandons or vacates any substantial portion of the Demised Premises leased premises or is in default in the payment of any rentals, damages or other payments required to be made by this Lease or is in default of any other provision of this Lease, Landlord may enter upon the Demised Premisesleased premises, by picking or changing locks, locks if Landlord deems necessary, and take possession of all or any part of the personal property of Tenantproperty, and may sell all or any part of the personal property at a public or private sale, in one or successive sales, with or without notice, to the highest bidder for cash cash, and, on behalf of Tenant, sell and convey all or part of the personal property to the highest bidder, delivering to the highest bidder all of Tenant's ’s title and interest in the personal property soldsold to him. The proceeds of any the sale of the personal property shall be applied by Landlord to toward the reasonable costscosts and expenses of the sale, expenses and including attorney's fees incurred as a result of any sale’s fees, and then toward the payment of all sums then due by Tenant to Landlord under the terms of this Lease, ; any excess remaining shall be paid to Tenant or any other person entitled thereto by law.

Appears in 1 contract

Samples: Lease Agreement (Dac Technologies Group International Inc)

LANDLORD'S LIEN. As additional security for Tenant's payment of rent, damages and all other payments required to be made by this Lease, Tenant Tenant, hereby grants to Landlord a lien upon all property of Tenant now or subsequently located upon the Demised Premises, subject to any prior lien Tenant has given to its existing or future lender(s), and subject to the terms of a Landlord subordination agreement, substantially in the form attached herfeto as Exhibit D ("Landlord Agreement"). Tenant's obligations under this Lease are subject to approval by its existing lender, but execution by such lender of the Landlord Agreement ·shall confirm such lender's approval. . If Tenant abandons or vacates any substantial portion of the Demised Premises or is in default in the payment of any rentals, damages .damage or other payments required to be made by this Lease, subject to the terms of any Landlord may subordination agreement mentioned above, Landlord may· enter upon the Demised Premises, by picking or changing locks, force if Landlord deems necessary, and take possession ·of all or any part of the personal property of Tenantproperty, and may sell all or any part of the personal property at a public or private sale, in one or successive sales, with or without further notice, to the highest bidder for cash cash, and, on behalf of Tenant, sell and convey all or part of the personal property to the highest bidder, delivering to the highest bidder all of the Tenant's title and interest Interest in the personal property soldsold to him. The proceeds of any the sale of the personal property shall be applied by Landlord to toward the reasonable costs, expenses and attorney's fees incurred as a result cost of any sale, the sale and then toward towc1rd the payment of all sums then due by Tenant to Landlord under the terms of this Lease, any excess remaining shall be paid to Tenant or any other person entitled thereto by law.

Appears in 1 contract

Samples: Lease Agreement (Dixie Group Inc)

LANDLORD'S LIEN. As additional security for payment of rent, damages and all other payments required to be made by this Lease, Tenant Lessee hereby grants to Landlord Lessor a lien upon all property of Tenant Lessee now or subsequently located upon the Demised PremisesLeased Premises and Lessee agrees to not remove such property from the Leased Premises except in the ordinary course of business, provided at the time of such removal Lessee is not in default. If Tenant Lessee abandons or vacates any substantial portion of the Demised Leased Premises or is in default in the payment of any rentals, damages or other payments required to be made by this Lease or is in default of any other provision of this Lease, Landlord Lessor may enter upon the Demised Leased Premises, by picking or changing locks, locks if Landlord deems necessary, and take possession of all or any part of the personal property of Tenantproperty, and may sell all or any part of the personal property at a public or private sale, in one or successive sales, with or without notice, to the highest bidder for cash cash, and, on behalf of TenantLessee, sell and convey all or part of the personal property to the highest bidder, delivering to the highest bidder all of TenantLessee's title and interest in the personal property sold. The proceeds of any the sale of the personal property shall be applied by Landlord to Lessor toward the reasonable costscosts and expenses of the sale, expenses and including attorney's fees incurred as a result of any salefees, and then toward the payment of all sums then due by Tenant Lessee to Landlord Lessor under the terms of this Lease, any . Any excess remaining shall will be paid to Tenant Lessee or any other person entitled thereto by law.

Appears in 1 contract

Samples: Commercial Lease (Globalscape Inc)

LANDLORD'S LIEN. As additional security for payment of rent, including any additional rent, damages and all other payments required to be made by this Lease, Tenant hereby grants to Landlord a lien upon all property of Tenant now or subsequently located upon the Demised Premises. If Tenant abandons or vacates any substantial portion of the Demised Premises or is in default in the payment of any rentals, damages or other payments required to be made by this Lease or is in default of any other provision of this Lease, Landlord may enter upon the Demised Premises, by picking or changing locks, if Landlord deems necessary, and if permitted by law, take possession of all or any part of the personal property of Tenantproperty, and may sell all or any part of the personal property at a public or private sale, in one or of successive sales, with or without notice, to the highest bidder for cash cash, and, on behalf of Tenant, sell and convey all or part of the personal property to the highest bidder, delivering to the highest bidder all of Tenant's title and interest in the personal property sold. The proceeds of any this sale of the personal property shall be applied by Landlord to toward the reasonable costscosts and expenses of the sale, expenses and attorney's fees incurred as a result of any saleincluding attorneys' fees, and then toward the payment of all sums then due by Tenant to Landlord under the terms of this Lease, any . Any excess remaining shall be paid to Tenant or any other person entitled thereto by law.

Appears in 1 contract

Samples: Office Lease (Trizetto Group Inc)

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