Nondisturbance definition

Nondisturbance shall have the meaning defined in Section 12.2.10.
Nondisturbance. Subordination and Attornment Agreement", as used in this Article, shall mean a provision in any instrument or a duly executed and acknowledged separate instrument, in form suitable for recording, providing that for so long as Tenant continues to pay the Fixed Rent and any Additional Rent in accordance with this Lease, and otherwise performs and complies with the terms and provisions of this Lease, and so long as no Events of Default, as defined in Article 21 herein exist on Tenant's part hereunder, and provided that Tenant attorns to the party executing such Nondisturbance, Subordination and Attornment Agreement, that such mortgagee will not name or join Tenant as a party defendant in any suit or proceeding for the dispossess of the Tenant herein, or for the foreclosure of such mortgage, and that this Lease and Tenant's possession of the Demised Premises and all of the Tenant's rights hereunder, including Tenant's right to renew this Lease, shall not be disturbed or affected. Same shall be delivered by such mortgagee on its standard form.
Nondisturbance. The following sentence is added to the end of Section 20.1: Notwithstanding the foregoing or any other provision of this Lease, this Lease shall not be subordinate to any Mortgage placed against the Premises after the date of this Lease unless the holder of such Mortgage agrees in writing that so long as Lessee is not in default under this Lease past any applicable cure period, Lessee's possession of the Premises and rights under this Lease will not be disturbed or otherwise affected by such holder in the event such holder acquires Lessor's interest in this Lease by foreclosure, deed in lieu of foreclosure, or other action.

Examples of Nondisturbance in a sentence

  • SUBLETTING AND ASSIGNMENT 49 12.1 Subletting 49 12.2 Limited Nondisturbance of Sublessees 50 12.3 Assignment 52 12.4 Tenant Liability 55 12.5 Covenants Binding on Successors and Assigns 55 12.6 Rights of Mortgagee 56 12.7 Transfer 56 12.8 Control 56 12.9 Change of Control 56 12.10 Unauthorized Transfer 57 12.11 [Intentionally Omitted] 57 13.

Related to Nondisturbance

  • Disturbance means the placement or reconstruction of impervious surface or motor vehicle surface, or exposure and/or movement of soil or bedrock or clearing, cutting, or removing of vegetation. Milling and repaving is not considered disturbance for the purposes of this definition.

  • Estoppel Certificate As defined in Section 23.1(a).

  • Proprietary Lease With respect to any Cooperative Unit, a lease or occupancy agreement between a Cooperative Corporation and a holder of related Cooperative Shares.

  • Access Agreement means an agreement between an Access Holder and ARTC for Access Rights;

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

  • Bailee Letter has the meaning assigned to such term in the Custodial Agreement.

  • Easement means an acquired legal right for the specific use of land owned by others.