Common use of Mortgage Subordination Clause in Contracts

Mortgage Subordination. Subject to Lessor's compliance with the provisions of Section 9.3 hereof, Lessee agrees that this Sublease shall at all times be subject and subordinate to (i) all mortgages, liens, security interests, and other encumbrances (hereinafter sometimes referred to collectively as "MORTGAGES" and each individually as a "MORTGAGE") against the Subleased Premises as of the date of execution of this Sublease, INCLUDING, BUT NOT LIMITED TO, the extent to which such Mortgages secure current and future advances made under current debts and obligations of Lessor AND (ii) all Mortgages subsequently placed on the Subleased Premises by or with the consent of Lessor or Ground Lease Landlord. Subject to Lessor's compliance with the provisions of Section 9.3 hereof, Lessee agrees that, upon written demand by Lessor and at no cost to Lessor or Ground Lease Landlord, Lessee shall execute such documents as may be required at any time and from time to time to effectuate and evidence such subordinations.

Mortgage Subordination. Subject to Lessor's compliance with the provisions of Section 9.3 hereof, Lessee agrees that this Sublease Lease shall at all times be subject and subordinate to (i) all mortgages, liens, security interests, and other encumbrances (hereinafter sometimes referred to collectively as "MORTGAGES" and each individually as a "MORTGAGE") against the Subleased Leased Premises as of the date of execution of this SubleaseLease, INCLUDING, BUT NOT LIMITED TO, the extent to which such Mortgages secure current and future advances made under current debts and obligations of Lessor Lessor, AND (ii) all Mortgages subsequently placed on the Subleased Leased Premises by or with the consent of Lessor or Ground Lease LandlordLessor. Subject to Lessor's compliance with the provisions of Section 9.3 hereof, Lessee agrees that, upon written demand by Lessor and at no cost to Lessor or Ground Lease LandlordLessor, Lessee shall execute such documents as may be required at any time and from time to time to effectuate and evidence such subordinations.. 9.3

Mortgage Subordination. Subject to Lessor's compliance with the provisions of Section 9.3 hereof, Lessee agrees that this Sublease Lease shall at all times be subject and subordinate to (iI) all mortgages, liens, security interests, and other encumbrances (hereinafter sometimes referred to collectively as "MORTGAGES" and each individually as a "MORTGAGE") against the Subleased Leased Premises as of the date of execution of this SubleaseLease, INCLUDINGincluding, BUT NOT LIMITED TObut not limited to, the extent to which such Mortgages secure current and future advances made under current debts and obligations of Lessor AND Lessor, and (iiII) all Mortgages subsequently placed on the Subleased Leased Premises by or with the consent of Lessor or Ground Lease LandlordLessor. Subject to Lessor's compliance with the provisions of Section 9.3 hereof, Lessee agrees that, upon written demand by Lessor and at no cost to Lessor or Ground Lease LandlordLessor, Lessee shall execute such documents as may be required at any time and from time to time to effectuate and evidence such subordinations.