Landlord’s Liens. 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, and other tangible personal property of Tenant situated on the leased 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 17 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 percent the security interest hereby created. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.
Landlord’s Liens. Enter into any lease or similar arrangement pursuant to which a Lien or other interest in any Inventory of the Borrower or the Guarantors is granted by the Borrower or any Guarantor to any landlord or other lessor.
Landlord’s Liens. Tenant hereby conveys to Landlord a possessory lien on all Trade Fixtures on the Premises to secure the payment of Net Rent, Additional Payments, and any other amount that is due and that may become due under this Lease. Xxxxxx agrees that Xxxxxxxx also has a statutory landlord’s lien on all Trade Fixtures on the Premises pursuant to A.R.S. § 33-361 and § 33-362. If Tenant fails to pay Net Rent, Additional Payment, or any other amount when due, then Xxxxxx agrees that Landlord may seize and hold the Trade Fixtures to secure the payment of all overdue amounts. The seizure neither terminates this Lease nor waives Tenant’s default or breach of this Lease. If delinquent Net Rent, Additional Payment, or any other amount due is not paid within sixty (60) Days after seizure, then Landlord may sell the property pursuant to A.R.S. § 33-1023. These lien and foreclosure rights are in addition to all other rights and remedies available to Landlord under Applicable Law. If this Lease is assigned or the Premises are subleased, then Landlord shall have the same possessory lien and statutory landlord’s lien against all non-exempt personal property owned by the assignee(s) and subtenant(s) as Landlord has against Tenant.
Landlord’s Liens. No landlord or other lessor has been granted by the Borrower (by contract) or any Guarantor (by contract) a Lien or other interest in any Inventory of the Borrower or the Guarantors.
Landlord’s Liens. Landlord hereby waives any and all liens, whether statutory, constitutional, possessory or otherwise, that Landlord may, now or hereafter, have with respect to any of Tenant’s property, including, but not limited to, trade fixtures, furnishings, accounts receivable and equipment.
Landlord’s Liens. As security for the performance by the Tenant of all covenants to be paid, kept and performed by him, the Landlord shall have the benefit of the statutory landlord's preference lien upon all property, fixtures goods, wares and merchandise of the Tenant that may be placed in or upon the Leased Premises during the term hereof. Cumulative thereof, the Tenant also gives and grants unto the Landlord an express security interest upon all goods, wares, merchandise, fixtures and other property of the Tenant which may be placed in or upon the Leased Premises during the term, which said security interest shall be second and inferior to any purchase money security interest of any third party as to any such property and which said security interest herein granted unto Landlord shall not be applicable as to Tenant's goods, wares and merchandise daily exposed to sale. Landlord and Tenant mutually covenant and agree that this lease contract shall also act as a security agreement as between Tenant, as Debtor, and Landlord, as Secured Party.
Landlord’s Liens. Landlord shall have, at all times, and Tenant hereby grants to Landlord, a valid security interest to secure payment of all rentals and other sums of money becoming due hereunder from Tenant, and to secure payment of any damages or loss which Landlord may suffer by reason of the breach of Tenant of any covenant, agreement or condition herein, upon all goods, wares, equipment, fixtures, furniture, improvements and other personal property owed by Tenant presently or which may hereafter be 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 and all the covenants, agreements, and conditions hereof have been fully complied with and performed by Tenant.
Landlord’s Liens. In order to facilitate a Leasehold Mortgage as well as other financing by AAF for trade fixtures and equipment, the Department hereby waives and releases any statutory, constitutional, and/or contractual liens against the assets or property of AAF. Although such waiver and release is hereby deemed to be automatic and self-executing, the Department agrees to execute and deliver to AAF within thirty (30) days following request therefor such waivers and confirmations as AAF may request to evidence the foregoing waiver and release, as well as consents to assignment that may be reasonably requested.
Landlord’s Liens. If Purchaser leases any real property upon which the Goods sold hereunder are to be located and applicable law provides for landlord’s liens to secure rent obligations, then Purchaser shall notify, and obtain a written lien waiver from, each respective landlord for such locations and provide a copy of each written lien waiver to Fettle Fitness and confirm that the Goods sold hereunder are not subject to any such lien of such landlord(s).
Landlord’s Liens. Sublandlord waives and disclaims any and all rights to a landlord or other statutory or common law lien upon the personal property of Subtenant.
