Landlord Lien Waiver and Access Agreement definition

Landlord Lien Waiver and Access Agreement means a Landlord Lien Waiver and Access Agreement, in a form reasonably approved by the Administrative Agent.

Landlord Lien Waiver and Access Agreement means the Landlord Lien Waiver and Access Agreement, substantially in the form of Exhibit F.

Landlord Lien Waiver and Access Agreement means an agreement duly executed in favor of the Collateral Agent in form and content reasonably acceptable to the Collateral Agent, by which (i) for locations leased by a Borrower or Canadian Subsidiary Guarantor and at which any Collateral is located, an owner of premises upon which any Collateral of a Borrower or Canadian Subsidiary Guarantor is located agrees to waive or subordinate any Lien it may have with respect to such Collateral in favor of the Collateral Agent’s Lien thereon and to permit the Collateral Agent to enter upon such premises and remove such Collateral or to use such premises to store or dispose of such Collateral for up to 60 days upon continued payment of rent and other charges, or (ii) for locations at which any Borrower or Canadian Subsidiary Guarantor places Inventory with a warehouseman or a processor, such warehouseman or processor agrees to waive or subordinate any Lien it may have with respect to such Collateral in favor of the Collateral Agent’s Lien thereon and to permit the Collateral Agent to enter upon such premises and remove such Collateral or to use such premises to store or dispose of such Collateral for up to 60 days upon continued payment of rent and other charges.

Examples of Landlord Lien Waiver and Access Agreement in a sentence

• To the extent that such Pledgor is not able to obtain a Landlord Lien Waiver and Access Agreement from each landlord who leases or sub-leases premises to such Pledgor at which books and records related to the Pledged Collateral are located waiving any landlord’s or other applicable possessory lien and otherwise in form and substance satisfactory to the Administrative Agent, the Administrative Agent shall have the right to establish an appropriate Reserve as determined in its reasonable credit judgment.

• Following the Closing, the Shareholders will cooperate with the Surviving Trust and use their best efforts to obtain a Landlord Lien Waiver and Access Agreement in form and substance reasonably satisfactory to the Surviving Trust for the property located at 5910 Long Creek Park Drive, Suite A, Charlotte, North Carolina, in respect of the Lease thereof.

More Definitions of Landlord Lien Waiver and Access Agreement

Landlord Lien Waiver and Access Agreement means the Landlord Lien Waiver and Access Agreement, substantially in the form of Exhibit E-2 or otherwise in form and substance reasonably satisfactory to the Collateral Agent.

Landlord Lien Waiver and Access Agreement means the Landlord Lien Waiver and Access Agreement, substantially in the form of Exhibit F, made by the landlord of each leased Real Property identified on Schedule 3.10(b) in favor of the Collateral Agent for the benefit of the Secured Parties.

Landlord Lien Waiver and Access Agreement means an agreement duly executed in favor of the Collateral Agent in form and content reasonably acceptable to the Collateral Agent.