Common use of TENANT'S PERSONAL PROPERTY AND FIXTURES Clause in Contracts

TENANT'S PERSONAL PROPERTY AND FIXTURES. Tenant hereby giants to Landlord all of its personal property and fixtures now or hereafter located within the Premises as security for performance of all of Tenant’s obligations under this Lease. Tenant may replace such personal property and fixtures with items of equal or better quality, but shall not otherwise remove them from the Premises without the consent of Landlord until all of the obligations of Tenant under this Lease have been performed. This Lease constitutes a security agreement creating a security interest in such property in favor of Landlord, subject only to the liens of existing creditors, and Landlord may at any time file this Lease as a financing statement under the Uniform Commercial Code of the state in which the Project is located.

Appears in 1 contract

Samples: Lease (Everbridge, Inc.)

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TENANT'S PERSONAL PROPERTY AND FIXTURES. Tenant hereby giants grants to Landlord a security interest in all of its personal property and trade fixtures now or hereafter located within the Premises as additional security for performance of all of Tenant’s 's obligations under this Lease. Tenant may replace such personal property and fixtures with items of equal or better quality, but shall not otherwise remove them from the Premises without the consent of Landlord until all of the obligations of Tenant under this Lease have been performed. This Lease constitutes a security agreement creating a security interest in such property in favor of Landlord, subject only to the liens of existing creditors, and Landlord may at any time file this Lease as a financing statement under the Uniform Commercial Code of the state in which the Project is located.

Appears in 1 contract

Samples: Lease (Zamba Corp)

TENANT'S PERSONAL PROPERTY AND FIXTURES. Tenant hereby giants grants to Landlord all of its personal property and fixtures now or hereafter located within the Premises as security for performance of all of Tenant’s 's obligations under this Lease. Tenant may replace such personal property and fixtures with items of equal or better quality, but shall not otherwise remove them from the Premises without the consent of Landlord until all of the obligations of Tenant under this Lease have been performed. This Lease constitutes a security agreement creating a security interest in such property in favor of Landlord, subject only to the liens of existing creditors, and Landlord may at any time file this Lease as a financing statement under the Uniform Commercial Code of the state in which the Project is located.. Upon Tenant's reasonable request, Landlord will subordinate such security interest (pursuant to an agreement

Appears in 1 contract

Samples: Lease (Integrated Communication Networks Inc)

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TENANT'S PERSONAL PROPERTY AND FIXTURES. Tenant hereby giants grants to Landlord all of its personal property and fixtures now or hereafter located within the Premises as security for performance of all of Tenant’s 's obligations under this Lease. Tenant may replace such personal property and fixtures with items of equal or better quality, but shall not otherwise remove them from the Premises without the consent of Landlord until all of the obligations of Tenant under this Lease have been performed. This Lease constitutes a security agreement creating a security interest in such property in favor of Landlord, subject only to the liens of existing creditors, and Landlord may at any time file this Lease as a financing statement under the Uniform Commercial Code of the state in which the Project is located.

Appears in 1 contract

Samples: Lease Agreement (Education Lending Group Inc)

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