LANDLORD’S SUBORDINATION Sample Clauses
POPULAR SAMPLE Copied 2 times
LANDLORD’S SUBORDINATION. Provided that Tenant is not in default hereunder, Landlord agrees to subordinate its lien on Tenant’s personal property to that of any bona fide third party lender providing financing which directly benefits Tenant’s operations in the Leased Premises. However, Landlord shall refuse and shall otherwise not be required to subordinate its lien or priority as to Tenant’s equipment or trade fixtures, and Landlord shall be entitled to refuse subordination if loans are not directly related to the Project.
LANDLORD’S SUBORDINATION. The Agent shall have received from Borrower, within 30 days from the date hereof, landlord’s subordination and access agreements executed by CASHNet for each of the leased real property locations of CASHNet, in form and substance reasonably satisfactory to Agent.
LANDLORD’S SUBORDINATION. The Landlord's Subordination executed ------------------------ by Industrial Properties Corporation.
LANDLORD’S SUBORDINATION. Landlord agrees to execute a commercially reasonable subordination agreement pursuant to which Landlord agrees to subordinate any statutory or common law landlord’s lien to a security interest in Tenant’s personal property located in the Leased Space which is granted to a bank or other financial institution acquiring such security interest to secure a credit facility provided to Tenant required by Tenant to finance acquisition of Tenant’s personal property or working capital.
LANDLORD’S SUBORDINATION. Within twenty (20) days after request from Tenant, Landlord shall execute a subordination agreement in favor of Tenant’s lender with respect to any liens arising in favor of Landlord against Tenant’s fixtures and personal property. Such subordination agreement shall be in a form reasonably acceptable to Landlord, Tenant and Tenant’s lender.
LANDLORD’S SUBORDINATION. Within fifteen (15) days after request from Tenant, Landlord shall execute a subordination agreement in favor of Tenant's lender with respect to any liens arising in favor of Landlord against Tenant's fixtures and personal property. Such subordination agreement shall be in a form reasonably acceptable to Land- lord, Tenant and Tenant's lender. Any restriction on Landlord's right to remove Tenant's fixtures and/or other personal property upon the termination or expiration of this Lease in any such agreement shall expire no later than thirty (30) days following such expiration or termination and notice by Landlord to such lender mailed to the last address provided to Landlord for such purpose by such lender. Said agreement shall obligate Tenant's lender, for Landlord's benefit, to repair any damages to the Premises resulting from any removal of Tenant's trade fixtures and personal property by or under such lender.
LANDLORD’S SUBORDINATION. Contemporaneously with Landlord’s execution of this Lease, Landlord shall execute and acknowledge the Landlord’s Subordination attached hereto as Rider No. 104.
LANDLORD’S SUBORDINATION. Landlord agrees to subordinate its statutory and contractual lien rights and claims against Tenant’s property to (i) security interests granted by Tenant to Tenant’s institutional lenders with respect to Tenant’s Trade Fixtures or other personal property, but not with respect to any fixtures or other improvements that may not be removed from the Leased Premises by Tenant under the terms of this Lease, and (ii) the purchase money security interests of Tenant’s vendors. Upon reasonable request by Tenant or its lender(s), Landlord will from time to time execute an instrument subordinating its liens as provided herein, provided such instrument (i) requires the lender to give Landlord notice of any default under the financing secured by such Trade Fixtures or other personal property if lender desires to proceed against such property, (ii) requires at least two (2) business days prior written notice to Landlord of any entry upon the Leased Premises for purposes of removing said Trade Fixtures or other personal property as a result of a default under such financing, (iii) requires the lender, if it elects to remove said Trade Fixtures or other personal property securing such financing, to do so within thirty (30) days after the termination of Tenant’s right of possession or the termination of this Lease as a result of Tenant’s default or be conclusively deemed to have released its security or other interests in said Trade Fixtures or other personal property; and (iv) requires the lender to repair any damage to the Leased Premises or the Building caused by its removal of said Trade Fixtures or other personal property.
LANDLORD’S SUBORDINATION. Landlord agrees, upon request of Tenant, to subordinate its lien rights with respect to Tenant's property, whether statutory or otherwise, to the security interest of Tenant's lender or vendor, subject, however, to Sec. 704.05, Wisc.
LANDLORD’S SUBORDINATION. STATE OF TEXAS | | COUNTY OF ▇▇▇▇▇▇ |