Waiver of Landlord Lien. Anything in the Lease or under Applicable Law to the contrary notwithstanding, Landlord hereby waives any statutory and common law lien it may have against Tenant’s trade fixtures, equipment, furniture and other personal property, and under no circumstances shall Landlord have any lien or possessory interest in Tenant’s work files, business papers and records, including, without limitation, the media on which those records and data are stored. Landlord agrees to promptly execute and deliver any documents confirming such waiver requested by Tenant and/or any of Tenant’s lenders.
Waiver of Landlord Lien. Landlord hereby expressly waives and releases any and all contractual liens and security interests or constitutional and/or statutory liens and security interests arising by operation of law to which Landlord might now or hereafter be entitled on all the property of Tenant or any affiliate of Tenant which is now or hereafter placed in or upon the Premises (except for judgment liens that may arise in favor of Landlord).
Waiver of Landlord Lien. Landlord hereby waives all contractual, statutory and constitutional liens held by Landlord on Tenant’s personal property, goods, equipment, inventory, furnishings, chattels, accounts and assets (“Tenant’s Property”) to secure the obligations of Tenant under this Lease until such time as Landlord may obtain an enforceable judgment against Tenant from a court with jurisdiction of Tenant or Tenant’s Property, at which time Landlord shall have such lien rights at law and in equity to enforce and collect such judgment and Tenant’s obligations under this Lease.
Waiver of Landlord Lien. Landlord hereby waives and relinquishes any landlord's lien, right of levy or distraint, claim, security interest or other interest Landlord may now or hereafter have in or with respect to any of Tenant's personal property at the Premises. For purposes of this Lease, Tenant's "Personal Property" shall include all of Tenant's personal property, including inventory and equipment, but shall not include plumbing and electrical fixtures, heating, ventilation and air conditioning, wall and floor coverings, walls or ceilings and other fixtures not constituting trade fixtures. Landlord agrees to execute and deliver an Access and Waiver Agreement substantially in the form of Exhibit F attached to the Purchase Agreement. ---------
Waiver of Landlord Lien. By its execution and delivery of this Lease, Landlord hereby waives its statutory landlord’s lien with respect to all of Tenant’s inventory, goods, consumer goods and equipment now or hereafter situated in the Premises and all proceeds therefrom, including insurance proceeds. Notwithstanding that such waiver is automatic and self-operative, Landlord shall, at Tenant’s request and at no expense to Landlord, execute and deliver such written confirmations of such waiver as Tenant or any of its lenders shall reasonably require within fifteen (15) days of the delivery of same to Landlord for its execution, provided such confirmations are in form reasonably acceptable to Landlord.
Waiver of Landlord Lien. Upon written request by Lessee, Lessor shall execute (at Lessee’s sole cost, including attorney’s fees) within thirty (30) days of receipt of such request, a waiver of Lessor’s right in any of Lessee’s personal property in favor of Lessee’s lender and confirm the license to enter granted to such lender, all in form and substance reasonably acceptable to Lessor and Lessee’s lender.
Waiver of Landlord Lien. Notwithstanding anything contained in this Lease to the contrary, the Landlord hereby waives any contractual or statutory landlord’s lien (whether now existing or hereafter arising) in all personal property, fixtures, and equipment owned by the Tenant.
Waiver of Landlord Lien. Landlord hereby expressly waives and releases any statutory lien and any security interests to which Landlord might now or hereafter by entitled during the Term on Tenant’s Property and Tenant’s intellectual property including, without limitation, at any intellectual property rights owned or licensed to Tenant under an exclusive worldwide license between Tenant, on the one hand, and Boston Children’s Hospital (BCH) and Massachusetts Institute of Technology (MIT), jointly on the other hand. The waiver and release set forth in the preceding sentence shall not apply with respect to any Tenant’s Property remaining in the Premises following the expiration or earlier termination of this Lease. IN WITNESS WHEREOF, Landlord and Tenant have executed this Lease as of the day and year first above written. TENANT: INVIVO THERAPEUTICS CORPORATION, a Delaware corporation By: /s/ Xxxxxxx Xxxxxxx Print Name: Xxxxxxx Xxxxxxx. M.D. Title: Chief Executive Officer LANDLORD: ARE-MA REGION NO. 59, LLC, a Delaware limited liability company By: ALEXANDRIA REAL ESTATE EQUITIES, L.P., a Delaware limited partnership, managing member By: ARE-QRS CORP., a Maryland corporation, general partner By: /s/ Xxxxxxx Xxx Print Name: Xxxxxxx Xxx Title: Vice President, RE Legal Affairs
Waiver of Landlord Lien. Landlord hereby subordinates any landlord’s lien (whether created by statute, contract or otherwise but excluding any lien to secure a judgment) it may have with respect to Tenant’s personal property, trade fixtures, furniture, inventory and equipment to any perfected lien of any third party which provides purchase money financing or any secured financing to Tenant. This provision shall be self-operative and Landlord shall have no obligation to execute any further instruments in this regard.
Waiver of Landlord Lien. Landlord hereby waives any lien upon, or security interest in, the personal property of the Tenant located at the Premises, that it may have under applicable law. Initials: ________ ________
