Subordination to Mortgages and Deeds of Trust. This lease is subject and is hereby subordinated to all present and future mortgages, deeds of trust and other encumbrances affecting the demised premises or the property of which said premises are a part. The Tenant agrees to execute, at no expense to the Landlord, any instrument which may be deemed necessary or desirable by the Landlord to further effect the subordination of this lease to any such mortgage, deed of trust or encumbrance. (See Rider)
Subordination to Mortgages and Deeds of Trust. This Lease is subject and is hereby subordinated to all present and future mortgages, deeds of trust and other encumbrances affecting the demised premises or the property of which said premises are a part. The Tenant agrees to execute, at no expense to the Owner, any instrument which may be deemed necessary or desirable by the Owner to further effect the subordination of this Lease to any such mortgage, deed of trust or encumbrance provided that the Tenant receives a Non-disturbance Agreement in reasonably satisfactorily form from Owner's present and any future mortgage holder. Tenant shall attorn to the holder of any mortgage acquiring title by virtue of a conveyance or through foreclosure proceedings.
Subordination to Mortgages and Deeds of Trust. 17.1 This Lease and the rights of Tenant hereunder shall be and are hereby made subject and subordinate to the lien of any mortgages or deeds of trust now or hereafter existing against Building Complex and to all renewals, modifications, consolidations, replacements and extensions thereof and to all advances made, or hereafter to be made, upon the security thereof, and Tenant hereby attorns to the mortgagee , provided, however, (i) that Xxxxxx's rights under this Lease shall not be disturbed so long as there is no default by Xxxxxx and (ii) that the mortgagee perform and fulfill all of the obligations of Landlord under this Lease arising after the date that such mortgagee succeeds to Landlord's interest. Although such subordination, attornment and nondisturbance shall be self-operating, Tenant, or its successors in interest, shall upon Landlord's request, execute and deliver upon the demand of Landlord any and all reasonable subordination, attornment and nondisturbance instruments desired by Landlord, in the manner reasonably requested by Landlord, subordinating this Lease to any such mortgage or deed of trust and to which Tenant shall not unreasonably withhold or delay its consent and execution thereof. Should any mortgage or deed of trust affecting Building Complex be foreclosed, then:
Subordination to Mortgages and Deeds of Trust. 19 SECTION 23 WAIVER......................................................20 SECTION 24 SUBROGATION.................................................20
Subordination to Mortgages and Deeds of Trust. (a) This Lease shall be subject and subordinate at all times to all ground or underlying leases which may now exist or hereafter be executed affecting the Real Property or any part thereof and to the lien of any mortgages or deeds of trust in any amount or amounts whatsoever now or hereafter placed on or against the Rea1 Property or any part thereof or on or against Landlord's interest or estate therein or on or against any ground or underlying lease (any of the foregoing being a "Superior Interest") without the necessity of having further instruments on the part of Tenant to effectuate such subordination. Notwithstanding the foregoing, Tenant covenants and agrees to execute and deliver, upon demand, such further instruments as may be required by Landlord so long as the same contains a nondisturbance covenant. If Tenant fails to execute same within ten (10) days, then tenant hereby irrevocably appoints Landlord the attorney-in-fact of the Tenant to execute and deliver any such instrument or instruments for or in the name of Tenant.
Subordination to Mortgages and Deeds of Trust. 22.01 Lease Subordinate to Mortgages. ------------------------------
Subordination to Mortgages and Deeds of Trust. This lease is subject and is hereby subordinated to all present and future mortgages, deeds of trust and other encumbrances affecting the demised premises or the property of which said premises are a part. The Tenant agrees to execute, at no expense to the Owner, any instrument which may be deemed necessary or desirable by the Owner to further effect the subordination of this lease to any such mortgage, deed of trust or encumbrance. Tenant shall attorn to the holder of any mortgage acquiring title by virtue of a conveyance or through foreclosure proceedings. See Exhibit “F”.
Subordination to Mortgages and Deeds of Trust. This Lease shall be subject and subordinate at all times to all ground and underlying Leases that may now exist or subsequently be executed affecting the Building and/or the Land and to the lien of any encumbrance in any amount or amounts whatsoever now or subsequently placed on or against the Building and/or Land or on or against any ground or underlying Lease without the necessity of having further instruments on the part of Tenant to effectuate such subordination. In spite of the above, Tenant covenants and agrees to execute and deliver upon demand such further instruments evidencing such subordination of this Lease to such ground or underlying Leases and to the lien of any such encumbrance as may be required by Landlord.
Subordination to Mortgages and Deeds of Trust. This Lease shall be subject and subordinate at all times to the lien of any mortgages now or hereafter placed on the land and buildings of which the Leased Premises form a part and also to all renewals, modifications, consolidations and replacements thereof. Although no instrument or act on the part of the Tenant shall be necessary to effectuate such subordination, the Tenant, nevertheless, covenants and agrees to execute and deliver upon demand such further instrument or instruments subordinating this Lease to the lien of any such mortgage or mortgages as shall be desired by any mortgagee or proposed mortgagee. Tenant further acknowledges that the Landlord may be required by any mortgagee or proposed mortgagee to assign this Lease as additional security for any mortgage or proposed mortgages, and Tenant agrees that it will upon demand join with Landlord in the execution of any such assignment or agreement, which may be in form for recording, as any such mortgagee or proposed mortgagee may reasonably require. Tenant's failure to comply on demand with the provisions hereof shall constitute a default under this Lease. Tenant hereby appoints Landlord attorney-in-fact, irrevocably, to execute any such instruments for Tenant.
Subordination to Mortgages and Deeds of Trust. 17.1 This Lease and the rights of Tenant hereunder shall be and are hereby made subject and subordinate to the lien of any mortgages or deeds of trust now or hereafter existing against the Building Complex and to all renewals, modifications, consolidations, replacements and extensions thereof and to all advances made, or hereafter to be made, upon the security thereof. Although such subordination shall be self-operating, Tenant, or its successors in interest, shall upon Landlord’s request, execute and deliver upon the demand of Landlord any and all instruments desired by Landlord, subordinating, in the manner reasonably requested by Landlord, this Lease to any such mortgage or deed of trust. Landlord is hereby irrevocably appointed and authorized as agent and attorney-in-fact of Tenant to execute all such subordination instruments in the event Tenant fails to execute said instruments within fifteen (15) days after notice from Landlord demanding the execution thereof. Should any mortgage or deed of trust affecting the Building Complex be foreclosed, then:
