Common use of Subordination by Tenant Clause in Contracts

Subordination by Tenant. This Lease and all rights of Tenant therein, and all interest or estate of Tenant in the Demised Premises shall be subject and subordinate to the lien of any mortgage, deed of trust, security instrument or other document of like nature ("Mortgage") which at any time may be placed upon the Demised Premises by Landlord, and to any replacements, renewals, amendments, modifications, extensions or refinancing thereof, and to each and every advance made under any Mortgage. Tenant agrees at any time hereafter, and from time to time on demand of Landlord, to execute and deliver to Landlord and the holder of the Mortgage (the "Mortgagee") any subordination agreements or other instruments, releases or other documents which may be reasonably required for the purpose of subjecting and subordinating this Lease to the lien of any Mortgage. Anything in this Section 16.1 to the contrary notwithstanding, so long as no Event of Default has occurred and is continuing, such subordination is conditioned upon, and such subordination agreements or other instruments, releases or documents must explicitly state that Tenant's right to quiet enjoyment under this Lease, and the right of Tenant to continue to occupy the Demised Premises and to conduct its business thereon in accordance with the covenants, conditions, provisions, terms and agreements of this Lease shall not be interfered with, hindered or molested.

Subordination by Tenant. This Lease and all rights of Tenant therein, and all interest or estate of Tenant in the Demised Premises Leased Real Property, or any portion thereof, shall be subject and subordinate to the lien of any mortgage, deed of trust, security instrument or other document of like nature ("“Mortgage") ”), which at any time may be placed upon the Demised Premises Leased Real Property, or any portion thereof, by Landlord, and to any replacements, renewals, amendments, modifications, extensions or refinancing thereof, and to each and every advance made under any Mortgage. Tenant agrees at any time hereafter, and from time to time on demand of Landlord, to execute and deliver to Landlord and the holder of the Mortgage (the "Mortgagee") any subordination agreements or other instruments, releases or other documents which that may be reasonably required for the purpose of subjecting and subordinating this Lease to the lien of any such Mortgage. Anything in this Section 16.1 to the contrary notwithstandingIt is agreed, nevertheless, that so long as no Event Tenant is not in default in the payment of Default has occurred Rent and is continuingAdditional Rent and the performance and observance of all covenants, conditions, provisions, terms and agreements to be performed and observed by Tenant under this Lease, that such subordination is conditioned upon, and such subordination agreements agreement or other instrumentsinstrument, releases release or documents must explicitly state that document shall not interfere with, hinder or molest Tenant's ’s right to quiet enjoyment under this Lease, and nor the right of Tenant to continue to occupy the Demised Premises Leased Real Property, and all portions thereof, and to conduct its business thereon in accordance with the covenants, conditions, provisions, terms and agreements of this Lease Lease. The lien of any such Mortgage shall not be interfered with, hindered cover Tenant’s trade fixtures or molestedother personal property located in or on the Leased Real Property.

Subordination by Tenant. This Lease and all rights of Tenant therein, therein and all interest or estate of Tenant in the Demised Premises or any portion thereof shall be subject and subordinate to the lien of any mortgage, deed of trust, security instrument or other document of like nature (collectively, "Mortgage") ), which at any time may be placed upon the Demised Premises by Landlord, and to or any replacements, renewals, amendments, modifications, extensions or refinancing portion thereof, and to each and every advance made under any Mortgage. Tenant agrees at any time hereafter, and from time to time on demand of Landlord, to execute and deliver to Landlord and the holder of the Mortgage (the "Mortgagee") any subordination agreements or other instruments, releases or other documents which that may be reasonably required for the purpose of subjecting and subordinating this Lease to the lien of any such Mortgage. Anything in this Section 16.1 to the contrary notwithstandingIt is agreed, nevertheless, that so long as no Event Tenant be not in default in the payment of Default has occurred Base Rent and is continuingAdditional Rent and the performance and observance of all covenants, conditions, provisions, terms and agreements to be performed and observed by Tenant under this Lease, that such subordination is conditioned upon, and such subordination agreements agreement or other instrumentsinstrument, releases release or documents must explicitly state that document shall not interfere with, hinder or molest Tenant's right to quiet enjoyment under this Lease, and nor the right of Tenant to continue to occupy the Demised Premises and all portions thereof, and to conduct its business thereon in accordance with the covenants, conditions, provisions, terms and agreements of this Lease Lease. The lien of any such Mortgage shall not be interfered with, hindered cover Tenant's trade fixtures or molestedother personal property located in or on the Demised Premises.