Examples of Landlord Liens in a sentence
Tenant further acknowledges that Landlord has assigned and pledged (or may assign or pledge in the future) to the Facility Mortgagee, as additional security for Landlord's obligations under the loan secured by the Facility Mortgage, Landlord's rights and interests under the Landlord Liens with respect to any and all Tenant's Personal Property, Working Capital and Excess FF&E Leasehold Interest now owned or hereafter acquired by Tenant at any time while the Facility Mortgage remains in effect.
All case file auditing will include auditing of supervision and management decisions rather than these being considered separately.
Landlord hereby waives any Landlord Liens that it may have now or in the future for unpaid rent with respect to any accounts receivable or accounts owed to or to be reimbursed to Tenant.
Landlord does hereby subordinate its Landlord Liens whether contractual or statutory, in favor of a security interest in favor of the Mortgagee dated (month/day/year), covering the following described property: (address of leased premises, and property description) the foregoing equipment (the "Equipment") now being located on the aforesaid premises which are leased to packaged Ice, Inc., Tenant herein.
Tenant further acknowledges that Landlord has assigned and pledged, or may assign or pledge in the future, to the Facility Mortgagee(s), as additional security for Landlord’s obligations under the loan secured by any Facility Mortgage, Landlord’s rights and interests under the Landlord Liens with respect to any and all Tenant’s Property and any Tenant accounts now owned or hereafter acquired by Tenant at any time while the applicable Facility Mortgage remains in effect.