Common use of LIEN FOR RENT Clause in Contracts

LIEN FOR RENT. In consideration of the mutual benefits arising under this contract, Tenant grants a security interest to Landlord in all property of Tenant now or hereafter placed in or upon the Premises and such property is hereby subjected to a lien in favor of Landlord and shall be and remain subject to such lien of Landlord for payment of all rents and other sums agreed to be paid by Tenant herein. Such liens shall be in addition to the cumulative of the Landlord's liens provided by law. Promptly upon request by Landlord, Tenant shall execute any UCC-1 Financing Statement evidencing and perfecting said lien.

LIEN FOR RENT. In consideration of the mutual benefits arising under this contract, Tenant grants a security interest to Landlord in all property of Tenant now or hereafter placed in or upon the Premises and such property is hereby subjected to a lien in favor of Landlord and shall be and remain subject to such lien of or Landlord for payment of all rents and other sums agreed to be paid by Tenant herein. Such liens shall be in addition to the cumulative of the Landlord's liens provided by law. Promptly upon request by Landlord, Tenant shall execute any UCC-1 Financing Statement evidencing and perfecting said lien.