Common use of Waiver of Lien Clause in Contracts

Waiver of Lien. Landlord expressly waives any right to a statutory landlord’s lien. Notwithstanding anything contained in this Lease to the contrary, Landlord shall never have any property interest in or lien on or right of distraint against any cash, checks, notes, bonds, securities, passbook, records, or other property held by Tenant for its customers on the Property, whether for safekeeping or collateral, and whether in its vaults, safe deposit boxes, night depository, or safes.

Appears in 2 contracts

Samples: Ground Lease (Carrollton Bancorp), Ground Lease (Carrollton Bancorp)

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Waiver of Lien. Landlord expressly waives any right to a statutory landlord’s 's lien. Notwithstanding anything contained in this Lease to the contrary, Landlord shall never have any property interest in or lien on or right of distraint against any cash, checks, notes, bonds, securities, passbook, records, or other property held by Tenant for its customers on the Property, whether for safekeeping or collateral, and whether in its vaults, safe deposit boxes, night depository, or safes.

Appears in 2 contracts

Samples: Ground Lease (Carrollton Bancorp), Ground Lease (Carrollton Bancorp)

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Waiver of Lien. Landlord expressly waives any right to a statutory landlord’s lien. Notwithstanding anything contained in this Lease to the contrary, Landlord shall never have any property interest in or lien on or right of distraint against any cash, checks, notes, bonds, securities, passbook, records, or other property held by Tenant for its customers on the PropertyPremises, whether for safekeeping or collateral, and whether in its vaults, safe deposit boxes, night depository, or safes.

Appears in 1 contract

Samples: Ground Lease (Carrollton Bancorp)

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