Subordination of Options and Rights of First Refusal. The Loan Documents and all supplements, amendments, modifications, renewals, replacements and extensions of and to them shall unconditionally be and remain at all times a lien on the Property prior and superior to any existing or future right of Tenant, whether arising out of the Lease or otherwise, to exercise any option or right of first refusal to:
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Samples: Second Amendment to Lease (Molecular Templates, Inc.), Lease (Threshold Pharmaceuticals Inc), Brooks Automation Inc
Subordination of Options and Rights of First Refusal. The Loan Documents and all supplements, amendments, modifications, renewals, replacements and extensions of and to them shall unconditionally be and remain at all times a lien on the Property prior and superior to any existing or future right rights of Tenant, whether arising out of the Lease or otherwise, regarding the use of insurance proceeds or condemnation proceeds with respect to the Premises or the Property which is inconsistent with the terms of the Deed of Trust, or to any existing or future rights of Tenant to exercise any option or right of first refusal torefusal:
Appears in 1 contract
Samples: Lease (Chicago Pizza & Brewery Inc)
Subordination of Options and Rights of First Refusal. The Loan Documents and all supplements, amendments, modifications, renewals, replacements and extensions of and to them shall unconditionally be and remain at all times a lien on the Property prior and superior to any existing or future right rights of Tenant, whether arising out of the Lease or otherwise, to exercise any option or right of first refusal to:
Appears in 1 contract
