Subleases. Notwithstanding anything contained in any Ground Lease to the contrary, Borrower shall not further sublet any portion of the related Individual Property (other than as permitted pursuant to Section 5.1.20 hereof) without prior written consent of Lender. Each sublease hereafter made (other than as permitted pursuant to Section 5.1.20 hereof) shall provide that, (a) in the event of the termination of the Ground Lease, the sublease shall not terminate or be terminable by the lessee thereunder; (b) in the event of any action for the foreclosure of the Security Instrument with respect to the related Individual Property, the sublease shall not terminate or be terminable by the lessee thereunder by reason of the termination of the Ground Lease unless such lessee is specifically named and joined in any such action and unless a judgment is obtained therein against such lessee; and (c) in the event that the Ground Lease is terminated as aforesaid, the lessee under the sublease shall attorn to the lessor under the Ground Lease or to the purchaser at the sale of the related Individual Property on such foreclosure, as the case may be. In the event that any portion of such Individual Property shall be sublet pursuant to the terms of this subsection, such sublease shall be deemed to be included in the Individual Property.
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Sources: Loan Agreement (U-Store-It Trust), Loan Agreement (U-Store-It Trust), Loan Agreement (U-Store-It Trust)
Subleases. Notwithstanding anything contained in any Ground Lease to the contrary, Borrower shall not further sublet any portion of the related Individual Property (other than as permitted pursuant to Section 5.1.20 5.1.17 hereof) without prior written consent of Lender. Each sublease hereafter made (other than as permitted pursuant to Section 5.1.20 hereof) shall provide that, (a) in the event of the termination of the Ground Lease, the sublease shall not terminate or be terminable by the lessee thereunder; (b) in the event of any action for the foreclosure of the Security Instrument with respect to the related Individual Property, the sublease shall not terminate or be terminable by the lessee thereunder by reason of the termination of the Ground Lease unless such lessee is specifically named and joined in any such action and unless a judgment is obtained therein against such lessee; and (c) in the event that the Ground Lease is terminated as aforesaid, the lessee under the sublease shall attorn to the lessor under the Ground Lease or to the purchaser at the sale of the related Individual Property on such foreclosure, as the case may be. In the event that any portion of such Individual Property shall be sublet pursuant to the terms of this subsection, such sublease shall be deemed to be included in the Individual Property.
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Subleases. Notwithstanding anything contained in any Ground Lease / FelCor Ground Lease to the contrary, Borrower shall not further sublet any portion of the related Individual Property (other than as permitted pursuant to Section 5.1.20 5.1.17 hereof) without prior written consent of Lender. Each sublease hereafter made (other than as permitted pursuant to Section 5.1.20 hereof) shall provide that, (a) in the event of the termination of the Ground Lease / FelCor Ground Lease, the sublease shall not terminate or be terminable by the lessee thereunder; (b) in the event of any action for the foreclosure of the Security Instrument with respect to the related Individual Property, the sublease shall not terminate or be terminable by the lessee thereunder by reason of the termination of the Ground Lease / FelCor Ground Lease unless such lessee is specifically named and joined in any such action and unless a judgment is obtained therein against such lessee; and (c) in the event that the Ground Lease / FelCor Ground Lease is terminated as aforesaid, the lessee under the sublease shall attorn to the lessor under the Ground Lease / FelCor Ground Lease or to the purchaser at the sale of the related Individual Property on such foreclosure, as the case may be. In the event that any portion of such Individual Property shall be sublet pursuant to the terms of this subsection, such sublease shall be deemed to be included in the Individual Property.
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Subleases. Notwithstanding anything contained in any Ground Lease to the contrary, Borrower shall not further sublet any portion of the related Individual Property (other than as permitted pursuant to Section 5.1.20 5.13 hereof) without prior written consent of Lender. Each sublease hereafter made (other than as permitted pursuant to Section 5.1.20 hereof) shall provide that, (a) in the event of the termination of the Ground Lease, the sublease shall not terminate or be terminable by the lessee thereunder; (b) in the event of any action for the foreclosure of the Security Instrument respective Mortgage with respect to the related Individual Property, the sublease shall not terminate or be terminable by the lessee thereunder by reason of the termination of the Ground Lease unless such lessee is specifically named and joined in any such action and unless a judgment is obtained therein against such lessee; and (c) in the event that the Ground Lease is terminated as aforesaid, the lessee under the sublease shall attorn to the lessor under the Ground Lease or to the purchaser at the sale of the related Individual Property on such foreclosure, as the case may be. In the event that any portion of such Individual Property shall be sublet pursuant to the terms of this subsection, such sublease shall be deemed to be included in the Individual Property.
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Sources: Loan Agreement (Capital Lodging)
Subleases. Notwithstanding anything contained in any the Ground Lease to the contrary, Borrower shall cause Mortgage Borrower not to further sublet any portion of the related Individual Property (other than as otherwise permitted pursuant to Section 5.1.20 hereofhereunder) without prior written consent of Lender. Each sublease hereafter made (other than as permitted pursuant to Section 5.1.20 hereof) shall provide that, (a) in the event of the termination of the Ground Lease, the sublease shall not terminate or be terminable by the lessee thereundersublessee; (b) in the event of any action for the foreclosure of the Security Instrument with respect to the related Individual Property, the sublease shall not terminate or be terminable by the lessee thereunder subtenant by reason of the termination of the Ground Lease unless such lessee the sublessee is specifically named and joined in any such action and unless a judgment is obtained therein against such lesseethe sublessee; and (c) in the event that the Ground Lease is terminated as aforesaid, the lessee under the sublease sublessee shall attorn to the lessor under the Ground Lease or to the purchaser at the sale of the related Individual Property on such foreclosure, as the case may be. In the event that any portion of such Individual the Leasehold Property shall be sublet pursuant to the terms of this subsection, such sublease shall be deemed to be included in the Individual Leasehold Property.
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Subleases. Notwithstanding anything contained in any the Ground Lease to the contrary, Borrower shall not further sublet any portion of the related Individual Property (other than as permitted pursuant to Section 5.1.20 5.1.17 hereof) without prior written consent of Lender. Each sublease hereafter made (other than as permitted pursuant to Section 5.1.20 hereof) shall provide that, (a) in the event of the termination of the Ground Lease, the sublease lease shall not terminate or be terminable by the lessee thereunderlessee; (b) in the event of any action for the foreclosure of the Security Instrument with respect to the related Individual Property, the sublease lease shall not terminate or be terminable by the lessee thereunder subtenant by reason of the termination of the Ground Lease unless such the lessee is specifically named and joined in any such action and unless a judgment is obtained therein against such the lessee; and (c) in the event that the Ground Lease is terminated as aforesaid, the lessee under the sublease shall attorn to the lessor under the Ground Lease or to the purchaser at the sale of the related Individual Property on such foreclosure, as the case may be. In the event that any portion of such Individual Property shall be sublet pursuant to the terms of this subsection, such sublease shall be deemed to be included in the Individual Property.
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Subleases. Notwithstanding anything contained in any the Ground Lease --------- to the contrary, Borrower shall not further sublet any portion of the related Individual Property (other than as permitted pursuant to Section 5.1.20 5.1.17 hereof) without prior written consent of Lender. Each sublease hereafter made (other than as permitted pursuant to Section 5.1.20 hereof) shall provide that, (a) in the event of the termination of the Ground Lease, the sublease lease shall not terminate or be terminable by the lessee thereunderlessee; (b) in the event of any action for the foreclosure of the Security Instrument with respect to the related Individual Property, the sublease lease shall not terminate or be terminable by the lessee thereunder subtenant by reason of the termination of the Ground Lease unless such the lessee is specifically named and joined in any such action and unless a judgment is obtained therein against such the lessee; and (c) in the event that the Ground Lease is terminated as aforesaid, the lessee under the sublease shall attorn to the lessor under the Ground Lease or to the purchaser at the sale of the related Individual Property on such foreclosure, as the case may be. In the event that any portion of such Individual Property shall be sublet pursuant to the terms of this subsection, such sublease shall be deemed to be included in the Individual Property.
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