Common use of Landlord’s Liens Clause in Contracts

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. In addition to any statutory lien for rent Rent in Landlord's ’s favor, Landlord shall have and Tenant hereby grants to Landlord Landlord, a continuing security interest for all rentals Rent and other sums of money becoming due hereunder from tenantTenant, upon all goods, wares, equipment, fixtures, furniture, and other tangible personal property of Tenant Tenant’s Property situated on the leased premisesPremises, and and, notwithstanding anything contrary to this, Lease such property Tenant’s Property shall not be removed therefrom form the Premises without the consent of Landlord until all arrearages in rent 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 HAVEshall have, IN ADDITION TO ANY OTHER REMEDIES PROVIDED HEREIN OR BY LAWin addition to any other remedies provided herein by law, ALL RIGHTS AND REMEDIES UNDER THE UNIFORM COMMERCIAL CODEall 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 TENANTincluding without limitation, the right to sell the Tenant’s Property at public or private sale. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's ’s discretion to percent perfect the security interest hereby created. Any statutory lien for rent Rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.

Landlord’s Liens. In addition to any statutory lien for rent in Landlord's favor, Landlord shall have and Tenant hereby expressly grants to Landlord a continuing security interest for all rentals in and an express contractual lien upon Tenant's or any other sums of money becoming due hereunder from tenant, upon all party's goods, wares, equipment, signs, fixtures, furniture, furniture and other tangible personal property of Tenant situated in or on the leased premisesPremises, including all after-acquired property, replacements and proceeds ("secured property") to secure the performance by Tenant of its obligations under this Lease, and such property shall not be removed therefrom from the Premises without the written consent of Landlord until all arrearages in rent as well as any rents and all other sums of money then due to Landlord hereunder shall have first have been paid and discharged. In except for the event sale 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 TENANTinventory in the ordinary course of Tenant's business so long as such inventory is replaced by Tenant. Tenant hereby appoints Landlord as Tenants attorney-in-fact and authorizes Landlord to execute and to file financing statements signed only by Landlord (as attorney-in-fact) covering such security or to otherwise take such action as may be necessary to perfect such security interest and/or contractual lien. Upon an occurrence of an Event of Default by Tenant, Landlord may, in addition to any other remedies, enter upon the Premises and take possession of such secured property situated on the Premises without liability for trespass or conversion, and sell the same with notice at public or private sale, with or without having such property at the sale, at which Landlord or its assigns may purchase, and may apply the proceeds thereof less any and all expenses connected with the taking of possession and sale of the property, as a credit against any sums due by Tenant to Landlord. Any surplus shall be paid to Tenant, and Tenant agrees to execute such financing statements and other instruments necessary or desirable in pay any deficiency forthwith, after demand. Landlord's discretion to percent the , at its option may foreclose said security interest hereby createdand/or contractual lien in the manner provided by law. Any statutory lien for rent is not hereby waived, the express The security interest and contractual lien herein granted being to Landlord shall be in addition and supplementary theretoto any Landlord's lien that may now or at any time hereafter be provided by law.

Landlord’s Liens. In addition to any statutory lien for rent Rent in Landlord's ’s favor, Landlord shall have and Tenant hereby grants to Landlord Landlord, a continuing security interest for all rentals Rent and other sums of money becoming due hereunder from tenantTenant, upon all goods, wares, equipment, fixtures, furniture, and other tangible personal property of Tenant Tenant’s Property situated on the leased premisesPremises, and and, notwithstanding anything contrary to this, Lease such property Tenant’s Property shall not be removed therefrom form the Premises without the consent of Landlord until all arrearages in rent 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 HAVEshall have, IN ADDITION TO ANY OTHER REMEDIES PROVIDED HEREIN OR BY LAWin addition to any other remedies provided herein by law, ALL RIGHTS AND REMEDIES UNDER THE UNIFORM COMMERCIAL CODEall 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 TENANTincluding without limitation, the right to sell the Tenant’s Property at public or private sale. Tenant hereby agrees to execute such financing statements and other instruments necessary or desirable in Landlord's ’s discretion to percent perfect the security interest hereby created. Any statutory lien for rent Rent is not hereby waived, the express contractual lien herein granted being in addition and supplementary thereto.

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 To secure the payment of all rentals and other sums of money becoming due hereunder from tenantTenant under this Lease, Landlord shall have and Tenant grants to Landlord a first lien upon the leasehold interest of Tenant under this Lease, which lien may be enforced in equity, and a continuing security interest upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights, chattel paper and other tangible personal property of Tenant situated on the leased 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 under this Lease shall first have been paid and discharged. In the event of a default Default under this Lease, Landlord SHALL HAVEshall have, IN ADDITION TO ANY OTHER REMEDIES PROVIDED HEREIN OR BY LAWin addition to any other remedies provided in this Lease or by law, ALL RIGHTS AND REMEDIES UNDER THE UNIFORM COMMERCIAL CODEall 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 including, without limitation the right to sell the property described in this Article 30 at public or private sale upon five (5) DAYS' NOTICE TO TENANTdays notice to Tenant. Tenant hereby agrees to shall execute all such financing statements and other instruments as shall be deemed necessary or desirable in Landlord's ’s discretion to percent perfect 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. In addition to any the statutory lien for rent in Landlord's favorlien, Landlord shall have and Tenant hereby grants to Landlord at all times, a continuing valid security interest for to secure payment of all rentals and other sums of money becoming due hereunder from tenant, upon all goods, wares, equipment, fixtures, furnitureTenant, and other tangible personal property to secure payment of any damages or less which Landlord may suffer by reason of the breach by Tenant of any covenant, agreement or condition presently or which may hereafter be situated on the leased premisesPremises and all proceeds therefrom, and such property shall not be removed therefrom without the consent of Landlord until all arrearages arrears in rent as well as any and all other sums of money then due to Landlord hereunder hereunder, shall first have been paid and dischargeddischarged and all the covenants, agreements and conditions hereof have been fully complied with and performed by Tenant. In Upon the occurrence of an event of a default under this Leaseby Tenant, Landlord SHALL HAVEmay, IN ADDITION TO ANY OTHER REMEDIES PROVIDED HEREIN OR BY LAWin addition to any other remedies provided herein, ALL RIGHTS AND REMEDIES UNDER THE UNIFORM COMMERCIAL CODEenter upon the Premises and take possession of any and all goods, INCLUDING WITHOUT LIMITATION THE RIGHT TO SELL THE PROPERTY DESCRIBED IN THIS PARAGRAPH 17 AT PUBLIC OR PRIVATE SALE UPON FIVE wares, equipment, fixtures, furniture, improvements and other personal property of Tenant situated on the Premises, without liability for trespasses or conversion, and sell the same as public or private sale, without having such property at the sale, after giving Tenant reasonable notice of the time and place of any public sale or of the time after which any private sale is to be made, at which sales the Landlord or its assigns may purchase unless otherwise prohibited by law. Unless otherwise provided by law, and without intending to exclude any other manner of giving Tenant reasonable notice, the requirement of reasonable notice shall be met if such notice is given in the manner prescribed in paragraph 28 of this Lease at least five (5) DAYS' NOTICE TO TENANTdays before the time of sale. The proceeds from any such disposition (less any and all expenses) shall be applied as a credit against the indebtedness secured by the security interest granted in this paragraph 25. Any surplus shall be paid to Tenant hereby or as otherwise required by law, and the Tenant shall pay any deficiencies forthwith. Upon request by Landlord, Tenant agrees to execute such and deliver to Landlord a financing statements and other instruments necessary or desirable statement in Landlord's discretion form sufficient to percent perfect the security interest hereby createdof Landlord in the aforementioned property and proceeds thereof under the provisions of the Uniform Commercial Code in force in the State of Texas. Any The statutory lien for rent is not hereby waived, the express contractual lien security interest herein granted being in addition and supplementary thereto. Notwithstanding anything contained herein to the contrary, Landlord hereby covenants and agrees to subordinate all of Landlord's liens covering any property that is now or hereafter owned by Tenant to the liens and/or security interests of any third party lender which has heretofore made or hereafter makes a loan to Tenant and which loan is to be secured, in whole or in part, by any of the property that is owned by Tenant and is now or hereafter situated on the Premises. In connection therewith, Landlord shall execute and deliver to Tenant, within fifteen (15) business days after Tenant's request therefor, a Subordination Agreement satisfying the terms and provisions of the preceding sentence.