Common use of LIEN FOR RENT Clause in Contracts

LIEN FOR RENT. Lessee hereby grants to Lessor a lien on all property of Lessee now or hereafter placed in or upon the Premises, including but not limited to all goods, wares, fixtures, machinery, equipment, furnishings, and other articles of personal property, and all proceeds from the sale or lease thereof (except such part of any property as may be exchanged, replaced or sold from time to time in the ordinary course of business, operation or trade), and such property shall be and remain subject to such lien of Lessor for payment of all rent and other sums agreed to be paid by Lessee herein. This Lease shall constitute a security agreement under the Uniform Commercial Code so that Lessor shall have and may enforce a security interest in all property of Lessee now or hereafter placed in or on the Premises, including but not limited to all goods, wares, fixtures, machinery, equipment, furnishings and other articles of personal property now or hereafter placed in or upon the Premises by Lessee, and all proceeds from the sale or lease thereof Lessee agrees to execute as debtor such financing statement or statements as Lessor may now or hereafter reasonably request in order that such security interest or interests may be perfected pursuant to said Code. Lessor may at its election at any time file a copy of this Lease as a financing statement. Lessor, as secured party, shall be entitled to all of the rights and remedies afforded a secured party under said Uniform Commercial Code, which rights and remedies shall be in addition to and cumulative of the landlord's liens and rights provided by law or by the other terms and provisions of this Lease. Provided there is no default by Lessee in any of the terms and conditions of the Lease, Lessor agrees to subordinate its lien to bona fide loan to Lessee for purchase of inventory and equipment to be utilized by Lessee at the Premises.

LIEN FOR RENT. Lessee Tenant hereby grants to Lessor Landlord a lien on all property of Lessee Tenant now or hereafter placed in or upon the Premises, including but not limited to all goods, wares, fixtures, machinery, equipment, furnishings, and other articles of personal property, and all proceeds from the sale or lease thereof Premises (except such part of any property as may be exchanged, replaced or sold from time to time in the ordinary course of business, operation or trade), and such property shall be and remain subject to such lien of Lessor for Landlord to secure payment of all rent and other sums agreed to be paid by Lessee Tenant herein. This Lease shall constitute a security agreement under the Texas Uniform Commercial Code (“TUCC”) so that Lessor Landlord shall have and may enforce a security interest in on all property of Lessee Tenant now or hereafter placed in or on the Premises, including but not limited to all goods, wares, fixtures, machinery, equipment, furnishings and other articles of personal property now or hereafter placed in or upon the Premises by Lessee, and all proceeds from the sale or lease thereof Lessee Tenant’s Property. Tenant agrees to execute as debtor such financing statement or statements as Lessor Landlord may now or hereafter reasonably request in order that such security interest or interests may be perfected pursuant to said Codethe TUCC. Lessor Landlord may at its election at any time file a copy of this Lease as a financing statement. LessorLandlord, as secured party, shall be entitled to all of the rights and remedies afforded a secured party under said Uniform Commercial Codethe TUCC, which rights and remedies shall be in addition to and cumulative of the landlord's ’s liens and rights provided by law or by the other terms and provisions of this Lease. Provided there is no default by Lessee in any of the terms and conditions of the Lease, Lessor Landlord agrees to subordinate its the lien reserved in this Section 25 to a purchase money lien and security interest given by Tenant to a bona fide loan third party lender pursuant to Lessee for purchase of inventory a subordination agreement mutually agreed to by Landlord, Tenant and equipment to be utilized by Lessee at the PremisesTenant’s lender.

LIEN FOR RENT. Lessee In consideration of the mutual benefits arising under this Lease, Sublessee hereby grants to Lessor Sublessor a lien and security interest on all property of Lessee Sublessee now or hereafter placed in or upon the Leased Premises, including but not limited to all goods, wares, fixtures, machinery, equipment, furnishings, and other articles of personal property, and all proceeds from the sale or lease thereof (except such part of any property as may be exchanged, replaced or sold from time to time in the ordinary course of business, operation or trade), and such property shall be and remain subject to such lien and security interest of Lessor for payment of all rent and other sums agreed to be paid by Lessee Sublessor herein. This Lease The provisions of this paragraph relating to said lien and security interest shall constitute a security agreement under the Uniform Commercial Code so that Lessor Sublessor shall have and may enforce a security interest in on all property of Lessee Sublessee now or hereafter placed in or on the Leased Premises, including but not limited to all goods, wares, fixtures, machinery, equipment, furnishings and other articles of personal property now or hereafter placed in or upon the Leased Premises, and such property shall be and remain subject to such lien and security interest of Sublessor herein. The provisions of this paragraph relating to said lien and security interest shall constitute a security agreement under the Uniform Commercial Code so that Sublessor shall have and may enforce a security interest on all property of Sublessee now or hereafter placed in or on the Leased Premises, including but not limited to all fixtures, machinery, equipment, furnishings and other articles of personal property now or hereafter placed in or upon the Leased Premises by Lessee, and all proceeds from the sale or lease thereof Lessee Sublessee. Sublessee agrees to execute as debtor such financing statement or statements as Lessor Sublessor may now or hereafter reasonably request in order that such security interest or on interests may be perfected protected pursuant to said Code. Lessor Sublessor may at its election at any time file a copy of this Lease as a financing statement. LessorSublessor, as secured party, shall be entitled to all of the rights and remedies afforded a secured party under said Uniform Commercial Code, which rights and remedies shall be Code in addition to and cumulative of the landlordSublessor's liens and rights provided by law or by the other terms and provisions of this Lease. Provided there is no default by Lessee in any of the terms and conditions of the Lease, Lessor agrees to subordinate its lien to bona fide loan to Lessee for purchase of inventory and equipment to be utilized by Lessee at the Premises.

LIEN FOR RENT. Lessee In addition to and independent of any lien in favor of Landlord arising by operation of law, Tenant hereby grants to Lessor Landlord a lien on security interest to secure payment of all property Base Rent and other sums of Lessee now money becoming due hereunder from Tenant, and to secure payment of any damages or hereafter placed in loss which Landlord may suffer by reason of the breach by Tenant of any covenant, agreement or condition contained herein, upon the Premises, including but not limited to all goods, wares, equipment, fixtures, machinery, equipment, furnishings, inventory, improvements and other articles personal property of personal property, and all proceeds from the sale Tenant presently or lease thereof (except such part of any property as which hereafter may be exchanged, replaced or sold from time to time in the ordinary course of business, operation or trade), and such property shall be and remain subject to such lien of Lessor for payment of all rent and other sums agreed to be paid by Lessee herein. This Lease shall constitute a security agreement under the Uniform Commercial Code so that Lessor shall have and may enforce a security interest in all property of Lessee now or hereafter placed situated in or on the Premises, including but and all proceeds therefrom, and such property shall not limited be removed therefrom without the consent of Landlord until any and all other sums of money then due to all goodsLandlord hereunder, wares, fixtures, machinery, equipment, furnishings first shall have been paid and other articles of personal property now or hereafter placed in or upon the Premises by Lesseedischarged, and all proceeds covenants, agreements and conditions hereof have been fully complied with and performed by Xxxxxx. At any time and from the sale or lease thereof Lessee time to time, Xxxxxx agrees to execute any UCC-1 Financing Statement or such other documents or instruments as debtor such financing statement Landlord may request to perfect or statements as Lessor may now or hereafter reasonably request in order that such confirm the security interest or interests created by this Paragraph. Upon any failure by Xxxxxx to do so, Xxxxxxxx may execute same for and on behalf of Xxxxxx as Xxxxxx's attorney-in-fact. All exemption laws are hereby waived by Xxxxxx. This lien and security interest may be perfected pursuant foreclosed with or without court proceedings, by public or private sale, with or without notice, and Landlord shall have the right to said Codebecome purchaser upon being the highest bidder at such sale. Lessor may at its election at any time file a copy of this Lease as a financing statement. LessorLandlord, as secured party, shall be entitled to all of the rights and remedies afforded a secured party under said the Uniform Commercial Code, which rights and remedies shall be in addition to and cumulative of the landlordLandlord's liens and rights provided by law or by the other terms and provisions of this Lease. Provided there is no default by Lessee in any of the terms and conditions of the Lease, Lessor agrees to subordinate its lien to bona fide loan to Lessee for purchase of inventory and equipment to be utilized by Lessee at the Premises.

LIEN FOR RENT. In consideration of the mutual benefits arising under this Lease, Lessee hereby grants to Lessor a lien on and security interest in all property of Lessee now or hereafter placed in or upon the Premises, (including but not limited to all goods, wares, fixtures, machinery, equipment, furnishings, and other articles of personal propertyproperty now or hereafter placed in or on the Leased Premises by Xxxxxx and owned by Xxxxxx, and all together with the proceeds from the sale or lease thereof disposition of those items) (except such part of any property as may be exchanged, replaced or sold from time to time in the ordinary course of business, operation or trade"Collateral"), and such property shall be and remain subject to such lien of Lessor now or hereafter placed in or upon the Leased Premises, as security for payment of all rent Rent and other sums agreed to be paid by Lessee herein. This Lease shall The provisions of this Section 3.05 constitute a security agreement under the Uniform Commercial Code so that Lessor shall have Code, Article 1-9.7, Title 4, C.R.S. and Xxxxxx has and may enforce a security interest in the Collateral. Except on account of replacement, removal or substitution in the ordinary course of business, the Collateral shall not be removed without the consent of Lessor until all property of Lessee now or hereafter placed arrearages in or on the Premises, including but not limited to all goods, wares, fixtures, machinery, equipment, furnishings Rent and other articles sums of personal property now money then due to Lessor hereunder have been paid and discharged. On or hereafter placed in or upon before the Premises by LesseeRent Commencement Date, and all proceeds from the sale or lease thereof Lessee agrees shall execute, as Debtor, Financing Statements, to execute as debtor such financing statement or statements as Lessor may now or hereafter reasonably request in order that such perfect this security interest or interests may be perfected pursuant to said the Uniform Commercial Code. Lessor may at its election at any time file a copy of this Lease as a financing statementFinancing Statement. Lessor, as secured partySecured Party, shall be entitled to has all of the rights and remedies afforded to a secured party under said the Uniform Commercial Code, which rights and remedies shall be Code in addition to and cumulative of the landlordLessor's liens and rights provided by law or by the other terms and provisions of this Lease. Provided there is no default Notwithstanding the foregoing, Xxxxxx'x xxxx shall be subordinate to (i) any purchase money lien, (ii) any line-of-credit lien secured by Lessee in the assets, inventory or accounts receivable of Lessee's business, or (iii) any of the terms Small Business Administration note, conventional bank note and conditions of the Lease, Lessor agrees to subordinate its lien to bona fide loan to Lessee for purchase of inventory and equipment to be utilized by Lessee at the Premisesrelated security agreements.

LIEN FOR RENT. Lessee In addition to and independent of any lien in favor of Landlord arising by operation of law, Tenant hereby grants to Lessor Landlord a lien on security interest to secure payment of all property Base Rent and other sums of Lessee now money becoming due hereunder from Tenant, and to secure payment of any damages or hereafter placed in loss which Landlord may suffer by reason of the breach by Tenant of any covenant, agreement or condition contained herein, upon the Premises, including but not limited to all goods, wares, equipment, fixtures, machinery, equipment, furnishings, inventory, improvements and other articles personal property that is not encumbered of personal property, and all proceeds from the sale Tenant presently or lease thereof (except such part of any property as which hereafter may be exchanged, replaced or sold from time to time in the ordinary course of business, operation or trade), and such property shall be and remain subject to such lien of Lessor for payment of all rent and other sums agreed to be paid by Lessee herein. This Lease shall constitute a security agreement under the Uniform Commercial Code so that Lessor shall have and may enforce a security interest in all property of Lessee now or hereafter placed situated in or on the Premises, including but and all proceeds therefrom, and such property shall not limited be removed therefrom without the consent of Landlord until any and all other sums of money then due to all goodsLandlord hereunder, wares, fixtures, machinery, equipment, furnishings first shall have been paid and other articles of personal property now or hereafter placed in or upon the Premises by Lesseedischarged, and all proceeds covenants, agreements and conditions hereof have been fully complied with and performed by Tenant. At any time and from the sale or lease thereof Lessee time to time, Tenant agrees to execute any UCC-1 Financing Statement (but not more than twice per annum) or such other documents or instruments as debtor such financing statement Landlord may request to perfect or statements as Lessor may now or hereafter reasonably request in order that such confirm the security interest or interests created by this Paragraph 26. Upon any failure by Tenant to do so, Landlord may execute same for and on behalf of Tenant as Tenant's attorney in fact. All exemption laws are hereby waived by Tenant to the extent permitted by law. This lien and security interest may be perfected pursuant foreclosed with or without court proceedings, by public or private sale, with or without notice (to said Codethe extent permitted by law), and Landlord shall have the right to become purchaser upon being the highest bidder at such sale. Lessor may at its election at any time file a copy of this Lease as a financing statement. LessorLandlord, as secured party, shall be entitled to all of the rights and remedies afforded a secured party under said the Uniform Commercial Code, which rights and remedies shall be in addition to and cumulative of the landlordLandlord's liens and rights provided by law or by the other terms and provisions of this Lease. Provided there is no default by Lessee in any of the terms and conditions of the Lease, Lessor agrees to subordinate its lien to bona fide loan to Lessee for purchase of inventory and equipment to be utilized by Lessee at the Premises.

LIEN FOR RENT. Lessee In addition to and independent of any lien in favor of LANDLORD arising by operation of law, TENANT hereby grants to Lessor LANDLORD a lien on security interest to secure payment of all Rent 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 by TENANT of any covenant, agreement or condition contained herein, upon all goods, wares, equipment, fixtures, furnishings, inventory, improvements and other personal property of Lessee now TENANT presently or which hereafter placed may be situated in or upon on the Premises, Leased Premises or any other portion of the Building including but not limited to all goods, wares, fixtures, machinery, equipment, furnishings, any areas subject to separate license agreements between LANDLORD and other articles of personal propertyTENANT, and all proceeds from the sale or lease thereof (except such part of any property as may be exchanged, replaced or sold from time to time in the ordinary course of business, operation or trade)therefrom, and such property shall not be removed therefrom without the consent of LANDLORD until any and remain subject to such lien of Lessor for payment of all rent and other sums agreed of money then due to be paid by Lessee herein. This Lease shall constitute a security agreement under the Uniform Commercial Code so that Lessor LANDLORD hereunder, first shall have been paid and may enforce a security interest in all property of Lessee now or hereafter placed in or on the Premises, including but not limited to all goods, wares, fixtures, machinery, equipment, furnishings and other articles of personal property now or hereafter placed in or upon the Premises by Lesseedischarged, and all proceeds covenants, agreements and conditions hereof have been fully complied with and performed by TENANT. At any time and from the sale or lease thereof Lessee time to time, TENANT agrees to execute any UCC-1 Financing Statement or such other documents or instruments as debtor such financing statement LANDLORD may request to perfect or statements as Lessor may now or hereafter reasonably request in order that such confirm the security interest or interests created by this Paragraph. Upon any failure by TENANT to do so, LANDLORD may execute same for and on behalf of TENANT as TENANT’S attorney in fact. All exemption laws are hereby waived by TENANT. This lien and security interest may be perfected pursuant foreclosed with or without court proceedings, by public or private sale, with or without notice, and LANDLORD shall have the right to said Codebecome purchaser upon being the highest bidder at such sale. Lessor may at its election at any time file a copy of this Lease as a financing statement. Lessor, LANDLORD as secured party, shall be entitled to all of the rights and remedies afforded a secured party under said the Uniform Commercial Code, which rights and remedies shall be in addition to and cumulative of the landlord's LANDLORD’s liens and rights provided by law or by the other terms and provisions of this Lease. Provided there is no default by Lessee in any of the terms and conditions of the Lease, Lessor agrees to subordinate its lien to bona fide loan to Lessee for purchase of inventory and equipment to be utilized by Lessee at the Premises.