Landlord Subordination and Access Agreement definition

Landlord Subordination and Access Agreement means an agreement between the applicable Note Party’s landlord(s) and the Collateral Agent that provides the Collateral Agent access to the premises that such Note Party leases from such landlord in a form reasonably satisfactory to the Majority Holders and the Collateral Agent, as to its rights, duties and obligations.
Landlord Subordination and Access Agreement means an agreement between Borrower’s landlord(s) and Agent that provides Agent access to the premises that Borrower leases from such landlord in a form satisfactory to Agent.
Landlord Subordination and Access Agreement means an agreement between Borrowers’ landlord(s) and Agent that provides Agent access to the premises that such Borrower leases from such landlord and subordinates any Lien in favor of such landlord in a form and substance reasonably satisfactory to Agent.

Examples of Landlord Subordination and Access Agreement in a sentence

  • In addition, in the event that Borrower shall enter into a new lease with respect to a new or additional operating location after Closing Date and such lease is entered into with respect to Borrower's headquarters, then Borrower shall, within sixty (60) days following the execution of such lease, obtain and deliver to Agent a Landlord Subordination and Access Agreement with respect to such new lease, in form and substance satisfactory to Agent.

  • Within one hundred twenty (120) days following the Closing Date (or such longer period as may be agreed to by Agent), Borrowers shall use commercially reasonable efforts to obtain and deliver to Agent a Landlord Subordination and Access Agreement with respect to Borrowers’ warehouse premises located in Reno, Nevada, St. Xxxxxx, Missouri and Elizabethtown, Pennsylvania.

  • Within sixty (60) days following the Closing Date, Borrower shall obtain and deliver to Agent a Landlord Subordination and Access Agreement (with respect to (i) Borrower’s headquarters at 0000 X Xxxxxxx xx Xxxxx, Xxxxxxx #000, Xxxxxx, Xxxxx 00000 and (ii) 00000 Xxxx Xxxx Boulevard, Omaha, Nebraska 68137 in form and substance satisfactory to Agent.

  • In addition, in the event that any Loan Party shall enter into a new lease with respect to a new or additional operating location after July 12, 2022 where $150,000 or more of assets will be located, then such Loan Party shall, within sixty (60) days following the execution of such lease, obtain and deliver to Agent a Landlord Subordination and Access Agreement with respect to such new lease, in form and substance satisfactory to Agent.

  • Collateral Agent agrees not to exercise its rights to access to any property covered by a Landlord Subordination and Access Agreement except during the continuance of an Event of Default.

  • Green water flow refers to its return as vapour to the atmosphere by plants through transpiration or from the soil surface through evaporation.

  • In addition, in the event that Borrower shall enter into a new lease with respect to a new or additional operating location after the Restatement Date where $150,000 or more of assets will be located, then Borrower shall, within sixty (60) days following the execution of such lease, obtain and deliver to Agent a Landlord Subordination and Access Agreement with respect to such new lease, in form and substance satisfactory to Agent.

  • Within sixty (60) days following the Closing Date, Borrower shall obtain and deliver to Agent a Landlord Subordination and Access Agreement (with respect to (i) Borrower’s headquarters at 3700 N Capital of Texas, Highway #350, Austin, Texas 78746 and (ii) 11248 John Galt Boulevard, Omaha, Nebraska 68137 in form and substance satisfactory to Agent.

Related to Landlord Subordination and Access Agreement

  • Controlled-access highway means every street or highway in respect to which owners or occupants of abutting lands and other persons have no legal right of access to or from the same except at such points only and in such manner as may be determined by the public authority having jurisdiction over such street or highway.

  • Direct Assignment Facilities means facilities or portions of facilities that are constructed for the sole use/benefit of a particular Transmission Customer requesting service under the Tariff. Direct Assignment Facilities shall be specified in the Service Agreement that governs service to the Transmission Customer and shall be subject to Commission approval.