Warehouse Lien Waiver

Last Updated: Jun 7, 2019

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A warehouse lien waiver is a legal document used when a borrower has assets (i.e. inventory) held offsite. The agreement typically states that the owner of the warehouse waives any of its potential lien rights against these assets including any offsets for past due payables. A satisfactory warehouse lien waiver will allow an asset based lender to consider this collateral held offsite as eligible for borrowing purposes.