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1. Identification of Parties: Details of Landlord, Tenant, and Lender/Secured Party
2. Property Description: Specific description of the leased premises
3. Waiver Declaration: Express waiver of landlord's lien rights
4. Lender's Rights: Recognition of lender's security interest and access rights
5. Term of Waiver: Duration and conditions of the lien waiver
1. Subordination Provisions: Additional provisions regarding priority of interests when there are multiple secured parties or complex priority arrangements
2. Notice Requirements: Procedures for providing notice between parties when specific communication protocols are needed
3. Insurance Requirements: Specific insurance obligations when lender requires specific insurance coverage
1. Property Description Schedule: Detailed legal description of the premises
2. Collateral Schedule: Itemized list of secured personal property/equipment
3. Original Lease Agreement: Copy of the underlying lease agreement
Tenant
Lender
Secured Party
Premises
Lease
Collateral
Lien
Security Interest
Personal Property
Trade Fixtures
Equipment
Inventory
Default
Lease Agreement
Security Agreement
Financing Statement
Priority
Loan Documents
Permitted Access
Business Day
Notice
Effective Date
Term
Waiver Period
UCC
Subordination
Remedies
Enforcement Rights
Obligations
Access Rights
Notice Requirements
Representations and Warranties
Default and Remedies
Term and Termination
Amendment and Modification
Governing Law
Entire Agreement
Severability
Counterparts
Authorization
Priority Rights
Insurance Requirements
Indemnification
Assignment
Further Assurances
Enforcement Rights
Property Removal Rights
Cooperation
Consent Requirements
Landlord Recognition
Security Interest Acknowledgment
Recordation
Survival
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