Common use of Recognition Agreements Clause in Contracts

Recognition Agreements. Master Lessee and the subsidiaries of Master Lessee under the Individual Property Subleases shall have the right to enter into recognition agreements or nondisturbance and attornment agreements with Tenants under Subleases without Lender’s consent.

Appears in 2 contracts

Sources: Loan and Security Agreement (Station Casinos Inc), Loan and Security Agreement (Station Casinos Inc)

Recognition Agreements. Master Lessee and the subsidiaries of Master Lessee under the Individual Property Subleases shall have the right to enter into recognition agreements or nondisturbance and attornment agreements under the Master Lease with Tenants under Subleases without Lender’s consent.

Appears in 2 contracts

Sources: Loan and Security Agreement (Toys R Us Inc), Loan and Security Agreement (Toys R Us Inc)