Landlord Waiver Agreement definition

Landlord Waiver Agreement means an agreement executed and delivered by each landlord of Real Property leased by any Borrower pursuant to which such landlord subordinates or waives all of its Liens to the Liens of the Administrative Agent or the Canadian Administrative Agent (as applicable) in the Property of such Borrower located on the leased Real Property. "L/C COVER", when required by this Agreement for Letter of Credit Liabilities of an Account Party, shall be effected by paying to the Administrative Agent in the case of US Letter of Credit Liabilities or the Canadian Administrative Agent in the case of Canadian Letter of Credit Liabilities, in immediately available funds, to be held by the Administrative Agent or the Canadian Administrative Agent, as applicable, in a collateral account maintained by the Administrative Agent or the Canadian Administrative Agent, as applicable, and which accounts shall be under the sole dominion and control of, the Administrative Agent or the Canadian Administrative Agent, as applicable, and collaterally assigned as security pursuant to the Financing Documents, an amount equal to 105% of the maximum amount of each applicable Letter of Credit issued for the account of such account party which is available for drawing at any time. Such amount shall be retained by the Administrative Agent or the Canadian Administrative Agent, as applicable, in such collateral account until such time as the applicable Letter of Credit shall have expired and the Reimbursement Obligations, if any, with respect thereto shall have been fully satisfied.
Sample 1Sample 2
Landlord Waiver Agreement means an agreement executed and delivered by each landlord of Real Property leased by any Borrower pursuant to which such landlord subordinates or waives all of its Liens to the Liens of the Administrative Agent or the Canadian Administrative Agent (as applicable) in the Property of such Borrower located on the leased Real Property.
Sample 1Sample 2
Landlord Waiver Agreement means an agreement in form and content satisfactory to Agent in its sole discretion executed by a landlord of a leased location of a Covenant Obligor pursuant to which, INTER ALIA, such landlord waives any and all rights against any Collateral at such location and permits Agent access to such location for the purpose of selling and taking possession of any Collateral at such location.
Sample 1Sample 2

Examples of Landlord Waiver Agreement in a sentence

  • Within ninety (90) days after the date hereof (or such longer period as Lender may consent to in writing), Borrowers shall have entered into and delivered to Lender a Landlord Waiver Agreement with respect to each of the premises listed on Schedule 1.

  • Very truly yours, EXHIBIT F [Form of Landlord Waiver Agreement] REQUESTED BY AND WHEN RECORDED MAIL TO: THE CIT GROUP/BUSINESS CREDIT, INC.

  • Within 90 days of the date hereof, Borrower shall deliver to Gulf Coast a duly authorized and fully exec xxx Landlord Waiver Agreement or Mortgagee ·Agreement, in form.

  • In addition, Company hereby acknowledges and agrees that on or before March 31, 2005, Company shall have either (i) moved each of its principal place of business and chief executive office to the New Location and delivered to Secured Party a Landlord Waiver Agreement with respect to the New Location; or (ii) if such moves have not been completed, then Company shall have delivered to Secured Party a Landlord Waiver Agreement from the Company’s existing landlords.

  • Id. Upon receiving two objection letters, the Parish designed an amended plan to address the Attorney General’s concerns and held three public hearings on the new plan, which was precleared in January 2004.

  • The rent and all other charges due under the Lease have been paid in full by the Company through the date of this Landlord Waiver Agreement and no rent payable under the Lease has been paid more than one (1) month in advance of its due date.

  • Borrowers shall give ten (10) days prior written notice to Lender of (i) any change in (A) the location of the chief executive office of any of the Borrowers or (B) any location at which any Borrower maintains patient or billing information which is not duplicated or capable of being duplicated at any other location for which Lender has received a Landlord Waiver Agreement, or (ii) the establishment of any new, or the discontinuance of any existing place of business.

  • Without limiting the generality of the foregoing, Debtor shall use its reasonable best efforts to obtain a Landlord Waiver Agreement (as defined herein) from each of its existing landlords with respect to any premises of Debtor located in the United States of America.


More Definitions of Landlord Waiver Agreement

Landlord Waiver Agreement means a written agreement, in form and substance reasonably satisfactory to Secured Party, from any applicable landlord pursuant to which such landlord shall subordinate its liens and claims against the Company and authorize Secured Party to enter and remain on the applicable premises for a period of sixty (60) days following Secured Party’s entry thereon in order to collect, remove, sell or otherwise dispose of the Collateral (at Company’s expense) in connection with the exercise of Secured Party’s rights and/or remedies hereunder or under any of the other Loan Documents.”
Sample 1
Landlord Waiver Agreement means an agreement in form and substance reasonably satisfactory to the Agent and its counsel given by the landlord of a Leased Location in favour of the Agent, which shall include the following provisions (except to the extent otherwise agreed by the Agent in its reasonable discretion): (i) such landlord consents to the granting of a Security Interest in the lease by the Credit Party which is a tenant thereunder in favour of the Agent, (ii) agrees to give written notice to the Agent in respect of and a reasonable opportunity to cure any default before terminating the lease, and
Sample 1
Landlord Waiver Agreement means an agreement executed and delivered by any landlord of Real Property leased by any Borrower pursuant to which such landlord subordinates or waives all of its Liens to the Liens of the Administrative Agent or the Canadian Administrative Agent (as applicable) in the Property of such Borrower located on the leased Real Property.
Sample 1
Landlord Waiver Agreement means a written agreement from the landlord of such premises in favor of the Collateral Agent, in form and substance reasonably satisfactory to the Collateral Agent, pursuant to which such landlord will acknowledge Collateral Agent's security interest in the Collateral, waive any security interest, lien or other claim by such landlord to the Collateral and agree to permit Collateral Agent access to the premises in order to exercise its rights and remedies and otherwise deal with the Collateral.
Sample 1
Landlord Waiver Agreement means, with respect to each leased location of any Loan Party, a landlord waiver and consent agreement executed and delivered to Agent by the lessor of such premises and in form and content satisfactory to Agent.
Sample 1

Related to Landlord Waiver Agreement

  • Landlord Waiver means a letter in form and substance reasonably acceptable to the Administrative Agent and executed by a landlord in respect of Inventory of a Loan Party located at any leased premises of a Loan Party pursuant to which such landlord, among other things, waives or subordinates on terms and conditions reasonably acceptable to the Administrative Agent any Lien such landlord may have in respect of such Inventory.

  • Lien Waiver Agreement means an agreement which is executed in favor of Agent by a Person who owns or occupies premises at which any Collateral may be located from time to time and by which such Person shall waive any Lien that such Person may ever have with respect to any of the Collateral and shall authorize Agent from time to time to enter upon the premises to inspect or remove the Collateral from such premises or to use such premises to store or dispose of such Inventory.

  • Waiver Agreement means an agreement between

  • Consent Agreement means this Consent Agreement, duly signed and concluded between the Commission and the Respondent, as contemplated in section 40(1) of the Act.

  • Landlord Access Agreement means a Landlord Access Agreement, substantially in the form of Exhibit G, or such other form as may reasonably be acceptable to the Administrative Agent.

  • Second Amendment Agreement means that certain Second Amendment Agreement dated as of October 4, 2011, among Xxxxx 0, xxx Xxxxxxxx, Xxxxxxx Xxxxx Capital Corporation, as administrative agent and collateral agent, and the Tranche B II Term Lenders party thereto, providing for, among other things, the amendment and restatement of the 2009 Credit Agreement.

  • Easement Agreement means any conditions, covenants, restrictions, easements, declarations, licenses and other agreements listed as Permitted Encumbrances or as may hereafter affect the Leased Premises.

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Landlord Agreement means an agreement substantially in the form provided by Lender to Borrower or such other form as Lender may agree to accept.

  • Fifth Amendment means the Fifth Amendment to Fifth Amended and Restated Credit Agreement dated as of August 25, 2016, among the Borrower, the Lenders party thereto, the Administrative Agent and the other Persons party thereto.

  • Construction Agreement means the proposed building agreement between the Company and a proposed builder substantially in the form of the draft agreement a copy of which has been signed on behalf of the Authority and the Company for the purposes of identification;

  • Second Amendment means that certain Second Amendment to Second Amended and Restated Credit Agreement dated as of May 1, 2020, among the Borrower, the Guarantors party thereto, the Administrative Agent and the Lenders party thereto.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • First Amendment means that certain First Amendment to Credit Agreement, dated as of February 27, 2017, among the Loan Parties, the Administrative Agent and the Lenders party thereto.

  • Property Management Agreement means that certain management agreement between the Company and the Property Manager with respect to the management of the Property.

  • Amendment Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Third Amendment means that certain Third Amendment to Amended and Restated Credit Agreement dated as of the Third Amendment Effective Date, among the Borrower, the Guarantors party thereto, the Administrative Agent and the Lenders party thereto.

  • Forbearance Agreement means the forbearance agreement entered into by Granite Co. prior to the implementation of the 2011 Arrangement.

  • Eleventh Amendment means that certain Eleventh Amendment to Credit Agreement, dated as of April 29, 2022, among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Collateral Agent, the Lenders party thereto, the Revolving Letter of Credit Issuers and the various other parties party thereto.

  • Sixth Amendment means the Sixth Amendment to Amended and Restated Senior Secured Credit Agreement, dated as of November 5, 2021, by and among Administrative Agent, Collateral Agent, Lenders, the Borrower, Parent and Guarantors.

  • Concession Agreement means the Concession Agreement referred to in Recital (A) above and annexed hereto as Annex-A, and shall include all of its Recitals and Schedules and any amendments made thereto in accordance with the provisions contained in this behalf therein;

  • Landlord Consent and Estoppel means, with respect to any Leasehold Property, a letter, certificate or other instrument in writing from the lessor under the related lease, pursuant to which, among other things, the landlord consents to the granting of a Mortgage on such Leasehold Property by the Credit Party tenant, such Landlord Consent and Estoppel to be in form and substance acceptable to Collateral Agent in its reasonable discretion, but in any event sufficient for Collateral Agent to obtain a Title Policy with respect to such Mortgage.

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.

  • Replacement Agreement shall have the meaning set forth in Paragraph 2(b) hereof.

  • Rental agreement or "lease agreement" means all agreements, written or oral, and valid rules and

  • Tenth Amendment means that certain Tenth Amendment to Credit Agreement, dated as of November 15, 2019, among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Collateral Agent and the Lenders party thereto.