Common use of Subordination of Landlord’s Lien Clause in Contracts

Subordination of Landlord’s Lien. Landlord does hereby agree to subordinate any statutory lien on Tenant’s Property granted to Landlord to the lien of any lender providing financing to Tenant that is secured by Tenant’s trade fixtures, equipment, inventory or other personal property located at the Leased Premises, all pursuant to a landlord lien subordination agreement in form and substance reasonably satisfactory to Landlord.

Subordination of Landlord’s Lien. Following a written request from Tenant, Landlord does hereby agree to shall subordinate any contractual or statutory lien it may have on Tenant’s Property granted to Landlord equipment, furniture, moveable trade fixtures and other personal property kept at the Premises to the lien of any bona fide vendor or lender providing financing to for Tenant that is secured by Tenant’s trade fixtures, equipment, inventory or other personal property located at as long as the Leased Premises, all pursuant to a landlord lien subordination agreement in form and substance is reasonably satisfactory to Landlord.

Subordination of Landlord’s Lien. Landlord does hereby agree to subordinate any statutory lien on shall, upon the written request of Tenant’s Property granted lender, subordinate all statutory and contractual liens which it may be entitled to Landlord to the lien assert against any of any lender providing financing to Tenant that is secured by Tenant’s trade fixturesproperty, equipment, inventory or other personal property located at the Leased Premises, all pursuant to provided Tenant’s lender enters into a landlord Landlord’s lien subordination agreement in on Landlord’s form and substance reasonably satisfactory to Landlordof such agreement.