Successor Landlord definition

Successor Landlord shall have the meaning given such term in Section 20.2.

Successor Landlord means any party that becomes owner of Landlord’s Premises as the result of a Foreclosure Event.

Successor Landlord. As defined in Section 9.03.

Examples of Successor Landlord in a sentence

• Tenant shall not collect or attempt to collect any such judgment out of any other assets of Successor Landlord.

• This Agreement shall bind and benefit the parties, their successors and assigns, any Successor Landlord, and its successors and assigns.

• If this Agreement conflicts with the Lease, then this Agreement shall govern as between the parties and any Successor Landlord, including upon any attornment pursuant to this Agreement.

• If Tenant obtains any money judgment against Successor Landlord with respect to the Lease or the relationship between Successor Landlord and Tenant, then Tenant shall look solely to Successor Landlord’s Interest (or that of its successors and assigns) to collect such judgment.

• Tenant shall look exclusively to Successor Landlord’s Interest (or that of its successors and assigns) for payment or discharge of any obligations of Successor Landlord under the Lease as affected by this Agreement.

More Definitions of Successor Landlord

Successor Landlord shall have the meaning given such term in SECTION 20.2.

Successor Landlord. As defined in Section 14.2.

Successor Landlord shall have the meaning set forth in Section 7.2.

Successor Landlord has the meaning set forth in Section 13.04.

Successor Landlord shall have the meaning given in Section 23.04.

Successor Landlord means Successor Landlord as defined in Section 29(c).

Successor Landlord means the Superior Lessor or Superior Mortgagee if the same succeeds to the rights of Landlord under this Lease, whether through possession or foreclosure action or delivery of a new lease or deed, or any third party that succeeds to the rights of Landlord under this Lease by virtue of having purchased the Land and the Building at a foreclosure sale. The Successor Landlord shall accept Xxxxxx's attornment, assume Xxxxxxxx's obligations under the Lease, and shall not disturb Tenant's quiet possession of the Premises. Tenant shall attorn to and recognize such Successor Landlord as Xxxxxx's Landlord under this Lease and shall promptly execute and deliver any instrument that such Successor Landlord may reasonably request to evidence such attornment. Upon such attornment this Lease shall continue in full force and effect as a direct lease between the Successor Landlord and Tenant upon all of the terms, conditions and covenants as are set forth in this Lease except that the Successor Landlord shall not: (i) be liable for any previous act or omission of Landlord under this Lease except that Tenant may terminate the Lease if the Successor Landlord fails to cure any continuing breach of this Lease caused by Xxxxxxxx's prior acts or omissions within a reasonable period of time; (ii) be subject to any offset, deficiency or defense which theretofore shall have accrued to Tenant against Landlord; (iii) be bound by any previous modification of this Lease or by any previous prepayment of more than one (1) month's Base Rent, unless such modification or prepayment shall have been expressly approved in writing by the Superior Lessor or the Superior Mortgagee whose name and address shall previously have been furnished to Tenant and through or by reason of which the Successor Landlord shall have succeeded to the right of Landlord under this Lease; (iv) be liable for restoration of improvements following any casualty not required to be insured under this Lease or for the costs of any restoration in excess of the proceeds recovered under any insurance required to be carried under this Lease; or (v) be liable for any lien, right, power or interest, if any, which may have arisen or intervened in the period between the recording of any Superior Mortgage and the execution of this Lease or any lien or judgment which may arise at any time under the terms of this Lease.