When under subsections (2) or (3) and (4) a lessor or a lessee of accessions holds an interest that is superior to all interests in the whole, the lessor or the lessee may (a) on default, expiration, termination, or cancellation of the lease contract by the other party but subject to the provisions of the lease contract and this chapter, or (b) if necessary to enforce his or her other rights and remedies under this chapter, remove the goods from the whole, free and clear of all interests in the whole, but he or she must reimburse any holder of an interest in the whole who is not the lessee and who has not otherwise agreed for the cost of repair of any physical injury but not for any diminution in value of the whole caused by the absence of the goods removed or by any necessity for replacing them. A person entitled to reimbursement may refuse permission to remove until the party seeking removal gives adequate security for the performance of this obligation.
Structure 2021 Tennessee Code
Title 47 - Commercial Instruments and Transactions
Part 3 - Effect of Lease Contract
§ 47-2A-301. Enforceability of Lease Contract
§ 47-2A-302. Title to and Possession of Goods
§ 47-2A-304. Subsequent Lease of Goods by Lessor
§ 47-2A-305. Sale or Sublease of Goods by Lessee
§ 47-2A-306. Priority of Certain Liens Arising by Operation of Law
§ 47-2A-309. Lessor's and Lessee's Rights When Goods Become Fixtures
§ 47-2A-310. Lessor's and Lessee's Rights When Goods Become Accessions