LEASE SECURITIZATION Clause Samples

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LEASE SECURITIZATION. Subject to Paragraph 17 hereof, Landlord reserves the right to assign, transfer, participate, pledge, hypothecate or encumber, or any combination thereof, all or any part of Landlord's interest in this Lease without Tenant's consent. Without limiting the generality of the foregoing, Tenant acknowledges that this Lease may be securitized, and Tenant agrees to cooperate in good faith with Landlord's reasonable requests relating to the securitization program process and requirements, and agrees and acknowledges that all information relating to Tenant and this Lease required to be provided by Tenant to Landlord under the terms of this Lease may be made available by Landlord to the other participants in the lease securitization (subject to the limitations set forth below), and Tenant agrees to assist Landlord in completing any documents reasonably necessary to accomplish any such transfer and/or securitization transaction (so long as Tenant's rights and entitlements under this Lease are not reduced thereby), at Landlord's sole expense. Tenant hereby authorizes Landlord to provide any information in Landlord's possession regarding Tenant in all reports required as part of a lease securitization program or by any governmental body that regulates Landlord, provided, however, that Landlord shall not disclose Tenant's proprietary information, including, without limitation, same store sales and store level profit and loss statements, which is not otherwise available to third parties, without a confidentiality agreement in the form attached hereto as Exhibit "E".
LEASE SECURITIZATION. Landlord reserves the right to assign, transfer, participate, pledge, hypothecate or encumber, or any combination thereof, all or any part of Landlord's interest in this Lease or any of the collateral and documents mentioned herein without Tenant's consent. Without limiting the generality of the foregoing, Tenant acknowledges that this Lease may be securitized, and Tenant agrees to cooperate in good faith with Landlord's reasonable requests relating to the securitization program process and requirements, and agrees and acknowledges that all information relating to Tenant and this Lease may be made available by Landlord to the other participants in the lease securitization, and Tenant agrees to assist Landlord in completing any documents necessary to accomplish any such transfer and/or securitization transaction. Tenant hereby authorizes Landlord to provide any information regarding Tenant in all reports required as part of a lease securitization program or by any governmental body regulating Landlord. The parties intend this provision apply only to the extent that investors (not to include direct competitors), investment bankers and rating agencies request such financial information about the Tenant.