RECORDING AND SECURITY Clause Samples
The "Recording and Security" clause establishes the rights and obligations of parties regarding the documentation and protection of interests in a transaction, typically involving property or secured assets. It often requires one party to formally record security interests, such as liens or mortgages, with the appropriate governmental authority to ensure public notice and legal enforceability. This clause ensures that the secured party's interest is officially recognized and prioritized, thereby reducing the risk of disputes or claims from third parties.
RECORDING AND SECURITY. Although LESSOR may choose at any time to record activities at the building with unmonitored remote television cameras, LESSEE acknowledges aid agrees that, as provided in Section 15 above, LESSOR is not thereby or in any other way providing any security service for LESSEE or its employees, agents, invitees, contractors aid representatives, and that LESSOR has made no representations whatsoever, written or oral, concerning the safety of the leased premises or the presence, effectiveness or operability of any security devices or security measures, or the safety or security of LESSEE, its employees, agents, invitees, callers, contractors aid representatives, or LESSEEs property, against the criminal or wrongful acts of third parties. Additionally, LESSEE accepts full responsibility for protecting the persons aid property of LESSEE aid those of its employees, agents, invitees, callers, contractors and representatives, and (acknowledging that security devices or measures may fail or be thwarted by criminals, by other third parties or by electrical or mechanical malfunction), agrees not to rely on any such devices or measures, and to protect itself, its property, and its employees, agents, invitees, callers, contractors and representatives as if such devices or measures did not exist