Common use of LIENHOLDERS Clause in Contracts

LIENHOLDERS. Landlord and ▇▇▇▇▇▇ acknowledge that their respective rights to insurance proceeds as described in this Section 11 are subject to the rights, if any, of lienholders to those proceeds.

Appears in 1 contract

Sources: Ground Lease

LIENHOLDERS. Landlord and ▇▇▇▇▇▇ Tenant acknowledge that their respective rights to insurance proceeds as described in this Section 11 are subject to the rights, if any, of lienholders to those proceeds.

Appears in 1 contract

Sources: Ground Lease