Common use of Subordination; Attornment Clause in Contracts

Subordination; Attornment. Upon request of the Lessor, Lessee will in writing subordinate its rights hereunder to the lien of any first mortgage, or first deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building of which the Premises are a part, and upon any buildings hereafter placed upon the land of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or trust made by the Lessor covering the Premises, the Lessee shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor under this Lease. The provision of this Article to the contrary notwithstanding, and so long as Lessee is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.

Appears in 4 contracts

Samples: Lease (More Com Inc), Organic Inc, Organic Inc

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Subordination; Attornment. Upon request of the LessorLandlord, Lessee Tenant will in writing subordinate its rights hereunder to the lien of any first mortgage, or first deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building of which the Premises are a part, and upon any buildings hereafter placed upon the land of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor Landlord under this Lease. The provision provisions of this Article to the contrary notwithstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.

Appears in 3 contracts

Samples: Office Building Lease (Health Net Inc), Office Building Lease (Cross Country Healthcare Inc), Office Building Lease (Cross Country Healthcare Inc)

Subordination; Attornment. Upon request of the LessorLandlord, Lessee will Tenant will, in writing writing, subordinate its rights hereunder to the lien of any first mortgage, mortgage or first deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building of which the Premises are a part, and upon any buildings building hereafter placed upon the land of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, foreclosure or in the event of the exercise exercises of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or of sale and recognize such purchaser purchases as the Lessor Landlord under this Lease. The provision provisions of this Article to the contrary notwithstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.

Appears in 3 contracts

Samples: Lease Agreement (MKS Instruments Inc), Lease Agreement (MKS Instruments Inc), Lease Extension Agreement (MKS Instruments Inc)

Subordination; Attornment. Upon request of the LessorLandlord, Lessee Tenant will in writing subordinate its rights hereunder to the lien of any first mortgage, mortgage or first deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building Premises, provided the holder of which the Premises are such mortgage or deed of trust grants tenant a part, and upon any buildings hereafter placed upon the land of which the Premises are a partnon-disturbance agreement, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor Landlord under this Lease. The provision provisions of this Article to the contrary notwithstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.

Appears in 2 contracts

Samples: Lease Agreement (Brighton Technologies Corp), Lease Agreement (Brighton Technologies Corp)

Subordination; Attornment. Upon request of the LessorLandlord, Lessee Tenant will in writing subordinate its rights hereunder to the lien of any first mortgage, or first that deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building of which the Premises are a part, and upon any buildings hereafter placed upon the land of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor Landlord under this Lease. The provision provisions of this Article to the contrary notwithstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.

Appears in 2 contracts

Samples: Quokka Sports Inc, Quokka Sports Inc

Subordination; Attornment. Upon request of the LessorLandlord, Lessee Tenant will in writing subordinate its rights hereunder to the lien of any first mortgage, or first deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building of which the Premises are a part, and upon any buildings hereafter placed upon the land of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor Landlord under this Lease. The provision provisions of this Article to the contrary notwithstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereofterm.

Appears in 2 contracts

Samples: Office Building Lease (Castle Biosciences Inc), Office Building Lease (Castle Biosciences Inc)

Subordination; Attornment. Upon request of the LessorLandlord, Lessee Tenant will in writing subordinate its rights hereunder to the lien of any first mortgage, or first deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building of which the Premises are a part, and upon any buildings building hereafter placed upon the land of which the Premises Premise are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor Landlord under this Lease. The provision of this the Article to the contrary notwithstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.. (xvi)

Appears in 1 contract

Samples: Pawnbroker Com Inc

Subordination; Attornment. Upon request of the LessorLandlord, Lessee will Tenant will, in writing writing, subordinate its rights hereunder to the lien of any first mortgage, mortgage or first deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building of which the Premises are a part, and upon any buildings hereafter placed upon the land of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor Landlord under this Lease. The provision provisions of this Article to the contrary notwithstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.

Appears in 1 contract

Samples: Exabyte Corp /De/

Subordination; Attornment. Upon the request of the Lessorlandlord, Lessee tenant will in writing subordinate its rights right hereunder to the lien of any first mortgage, mortgage or first deed of trust to any bank, insurance company company, or other lending institution, now or hereafter in force against the land and Building building of which the Premises premises are a part, and upon any buildings building hereafter placed upon the land of which the Premises premises are a part, part and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought bought for foreclosure, the foreclosures or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor landlord covering the Premisespremises, the Lessee tenant shall attorn to the purchaser purchase upon any such foreclosure or sale and recognize such purchaser as the Lessor landlord under this Lease. The provision the provisions of this Article article to the contrary notwithstanding, and so long as Lessee the tenant is not in default hereunder, this Lease lease shall remain in full force and effect for the full term hereof.

Appears in 1 contract

Samples: Lease Agreement (Atx Telecommunications Services Inc)

Subordination; Attornment. Upon request of the LessorLandlord, Lessee Tenant will in writing subordinate its rights hereunder to the lien of any first mortgage, or first deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building of which the Premises are a part, and upon any buildings hereafter placed upon the land of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are era brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor Landlord under this Lease. The provision provisions of this Article to the contrary notwithstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.

Appears in 1 contract

Samples: Sionix Corp

Subordination; Attornment. Upon request of the LessorLandlord, Lessee will Tenant will, in writing writing, subordinate its rights hereunder to the lien of any first mortgage, mortgage or first deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building of which the Premises are a part, and upon any buildings hereafter placed upon the land of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor Landlord under this Lease. The provision provisions of this Article to the contrary notwithstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full fill term hereof.

Appears in 1 contract

Samples: Lease Agreement (Sycamore Park Convalescent Hospital)

Subordination; Attornment. Upon request of the LessorLandlord, Lessee Tenant will in writing subordinate its rights hereunder to the lien of any first mortgage, or first deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building of which the Premises are a part, and upon any buildings hereafter placed upon the land of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor Landlord under this Lease. The provision provisions of this Article to the contrary notwithstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.. (xvi)

Appears in 1 contract

Samples: Coast Bancorp

Subordination; Attornment. Upon request of the LessorLandlord, Lessee Tenant will in writing subordinate its rights hereunder to the lien of any first mortgage, or first deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building building of which the Premises are a part, and upon any buildings hereafter placed upon the land of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor Landlord under this Lease. The provision provisions of this Article to the contrary notwithstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.. (xvi)

Appears in 1 contract

Samples: First Commercial Bancorp Inc

Subordination; Attornment. Upon request of the Lessor, Lessee will in writing subordinate its rights right hereunder to the lien of any first mortgage, or first deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building of which the Premises are a part, and upon any buildings hereafter placed upon the land of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor covering the Premises, the Lessee shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor under this Lease. The provision provisions of this Article to the contrary notwithstanding, and so long as Lessee is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.

Appears in 1 contract

Samples: Lease Agreement (Dickie Walker Marine Inc)

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Subordination; Attornment. Upon request of the LessorLandlord, Lessee will Tenant ------------------------- will, in writing writing, subordinate its rights hereunder to the lien of any first mortgage, mortgage or first deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building of which the Premises are a part, and upon any buildings hereafter placed upon the land of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor Landlord under this Lease. The provision provisions of this Article to the contrary notwithstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.

Appears in 1 contract

Samples: Colorado Business Bankshares Inc

Subordination; Attornment. Upon request of the LessorLandlord, Lessee Tenant will in writing subordinate its rights hereunder to the lien of any first mortgage, mortgage or first deed of trust to any bank, insurance company company, or other lending leading institution, now or hereafter in force against the land and Building of which or the Premises are a partunderlying land, and upon any buildings hereafter placed upon the land of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor landlord under this Lease. The provision provisions of this Article to the contrary notwithstandingnot withstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.

Appears in 1 contract

Samples: Letter Agreement (Synon Corp)

Subordination; Attornment. Upon request of the LessorLandlord, Lessee Tenant will in writing subordinate its rights hereunder to the lien of any first mortgage, or first deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building of which the Premises are a part, and upon any buildings hereafter placed upon the land of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premisespremises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor Landlord under this Lease. The provision provisions of this Article to the contrary notwithstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.

Appears in 1 contract

Samples: Office Building Lease (Diagnostic Retrieval Systems Inc)

Subordination; Attornment. Upon request of the LessorLandlord, Lessee Tenant ------------------------- will in writing subordinate its rights hereunder to the lien of any first mortgage, or first deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building of which the Premises are a part, and upon any buildings building hereafter placed upon the land of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor Landlord under this Lease. The provision provisions of this Article to the contrary notwithstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.

Appears in 1 contract

Samples: Industrial Training Corp

Subordination; Attornment. Upon request requests of the LessorLandlord, Lessee Tenant will in writing subordinate its rights hereunder to the lien of any first mortgage, or first deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building of which the Premises are a part, and upon any buildings hereafter placed upon the land of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor Landlord under this Lease. The provision provisions of this Article to the contrary notwithstanding, notwithstanding and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.

Appears in 1 contract

Samples: Office Building Lease (Prime Bancorp Inc)

Subordination; Attornment. Upon request of the LessorLandlord, Lessee Tenant will in writing subordinate its rights hereunder to the lien of any first mortgage, mortgage or first deed of trust trust, to any bank, insurance company or other lending institutioninstitution or other lender, now or hereafter in force against the land and Building of which the Premises are a part, and upon any buildings hereafter placed upon the land of which the Premises are a partDemised Premises, and to all advances made or hereafter to be made upon the security Landlord’s Initials THL Tenant’s Initials JD 20 thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Demised Premises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or sale sale, and recognize such purchaser as the Lessor Landlord under this Lease. The provision provisions of this Article subparagraph to the contrary notwithstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term Lease Term hereof.

Appears in 1 contract

Samples: Business Lease (VCG Holding Corp)

Subordination; Attornment. Upon request of the LessorLandlord, Lessee Tenant will in writing subordinate its rights hereunder to the lien of any first mortgage, or first deed of trust to any bank, insurance company or other lending institutionlanding Institutions, now or hereafter in force against the land and Building of which the Premises are a part, and upon any buildings hereafter placed upon the land of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for to foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor Landlord under this Lease. The provision provisions of this Article to the contrary notwithstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.

Appears in 1 contract

Samples: Office Building Lease (Commercial Concepts Inc)

Subordination; Attornment. Upon request of the Lessorlessor, Lessee lessee will in writing subordinate its rights hereunder to the lien of any first mortgage, mortgage or first deed of trust to any bank, insurance company company, or other lending institution, now or hereafter in force against the land and Building building of which the Premises premises are a part, and upon any buildings hereafter placed upon the land of which the Premises premises are a part, part and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought bought for foreclosure, foreclosure or in the event of the exercise of the power of sale under any mortgage or deed or of trust made by the Lessor lessor covering the Premisespremises, the Lessee lessee shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Lessor lessor under this Leaselease. The provision provisions of this Article article to the contrary notwithstanding, and so long as Lessee the lessee is not in default hereunder, this Lease lease shall remain in full force and effect for the full term hereofthereof.

Appears in 1 contract

Samples: Lease Agreement (Prime Bancorp Inc)

Subordination; Attornment. Upon request of the LessorLandlord, Lessee will Tenant will, in writing writing, subordinate its rights hereunder to the lien of any first mortgage, mortgage or first deed of trust to any bank, insurance company or other lending institution, now or hereafter in force against the land and Building of which the Premises premises are a part, and upon any buildings building hereafter placed upon the land of which the Premises premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, foreclosure or in the event of the exercise exercises of the power of sale under any mortgage or deed or of trust made by the Lessor Landlord covering the Premisespremises, the Lessee Tenant shall attorn to the purchaser upon any such foreclosure or of sale and recognize such purchaser purchases as the Lessor Landlord under this Lease. The provision provisions of this Article to the contrary notwithstandingnot withstanding, and so long as Lessee Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof.

Appears in 1 contract

Samples: Lease Agreement (Esoft Inc)

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