Common use of Leasehold Deeds of Trust Clause in Contracts

Leasehold Deeds of Trust. (a) Tenant, and its successors and assigns, shall have the right to mortgage and pledge this Lease, subject to the provisions of Section 5.1 above and this Section 13.2. Nothing in this Lease shall prohibit Tenant from obtaining financing secured by a second or subordinate deed of trust lien and the provisions in this Lease applicable to a leasehold deed of trust shall also be applicable to a second or subordinate leasehold deed of trust.

Leasehold Deeds of Trust. (a) TenantXxxxxx, and its successors and assigns, shall have the right to mortgage and pledge this Lease, subject to the provisions of Section 5.1 above and this Section 13.2. Nothing in this Lease shall prohibit Tenant from obtaining financing secured by a second or subordinate deed of trust lien and the provisions in this Lease applicable to a leasehold deed of trust shall also be applicable to a second or subordinate leasehold deed of trust.