Leaseback. Where a party acquires Landlord's interest in property (whether land only, or land and buildings) which includes the Premises, and simultaneously leases the same back, such acquisition shall not be treated as an assumption of Landlord's position hereunder, and this Lease shall thereafter be subject and subordinate at all times to such lease.
Appears in 1 contract
Sources: Lease Agreement (GigOptix, Inc.)
Leaseback. Where a party acquires Landlord's ’s interest in property (whether land only, or land and buildings) which includes the Premises, and simultaneously leases the same back, such acquisition shall not be treated as an assumption of Landlord's ’s position hereunder, and this Lease shall thereafter be subject and subordinate at all times to such lease, provided Tenant’s right of quiet enjoyment hereunder is not disturbed.
Appears in 1 contract
Sources: Standard Form Shopping Center Lease (Pacific Premier Bancorp Inc)
Leaseback. Where a party acquires Landlord's ’s interest in property (whether land only, or land and buildings) which includes the Premises, and simultaneously leases the same back, such acquisition shall not be treated as an assumption of Landlord's ’s position hereunder, and this Lease shall thereafter be subject and subordinate at all times to such lease.
Appears in 1 contract
Sources: Lease Agreement (Emulex Corp /De/)