Business and Personal Finance Dictionary

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• LANDLORD’S WAIVER
  
  A loan document used in a number of different situations. Most often used when inventory or equipment lenders are secured by collateral located in premises leased by the borrower. In those cases, the secured lender may request a landlord’s waiver to establish the lender’s right to enter the premises and to control or remove the collateral. May also be used to obtain a landlord’s permission and waiver of rights when a lender takes a security interest in leasehold improvements made by a borrower/tenant.
  
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