Common use of Forms of Conveyance Clause in Contracts

Forms of Conveyance. The Landlord's Lien in a Project Parcel shall be evidenced by a recorded deed of trust, fixture filing, security agreement and assignment of leases and rents in a commercially reasonable form, reasonably acceptable to Landlord and Tenant. The Landlord's Security Interest shall be evidenced by a written security agreement and shall be perfected by the filing and recordation of appropriate financing statements, all in commercially reasonable forms, reasonably acceptable to Landlord and Tenant.