Superior Lessor. The lessor under any ground lease or other lease to which the applicable Leased Property is subject.
Superior Lessor. A lessor under a Superior Lease.
Superior Lessor means the lessor under a Superior Lease.
Examples of Superior Lessor in a sentence
If, in connection with the financing of the Land, the Building or the interest of the lessee under any Superior Lease, or if, in connection with the entering into of a Superior Lease, any lending institution, Superior Mortgagee, or Superior Lessor, as the case may be, requests modifications of this Lease that do not increase rent or change the Term of this Lease, or otherwise materially and adversely affect the rights or obligations of Tenant under this Lease, Tenant shall make such modifications.
If requested, Tenant shall promptly execute and deliver, at its own cost and expense, any document, in recordable form, that Landlord, any Superior Lessor (as defined herein) or Superior Mortgagee may request to evidence such subordination.
More Definitions of Superior Lessor
Superior Lessor means, collectively, all lessors at the time of the Superior Lease.
Superior Lessor. The lessor under a Superior Lease. Superior Lease: Those leases described on Schedule 36.4 attached hereto and made a part hereof.
Superior Lessor includes the person from time to time entitled to the reversion immediately or mediately expectant on the determination of the term granted by the Superior Lease
Superior Lessor means the lessor of a Superior Lease or its successor in interest. As used herein, “Superior Mortgagee” shall mean the holder of a Superior Mortgage or its successor in interest.
Superior Lessor. The lessor of a Superior Lease or its successor in interest, at the time referred to.
Superior Lessor the person from time to time entitled to any reversion immediately or mediately expectant on the determination of the term granted by the Superior Lease
Superior Lessor means the lessor of a Superior Lease or its successor in interest. As used herein, “Superior Mortgagee” shall mean the holder of a Superior Mortgage or its successor in interest. If any Superior Lessor or Superior Mortgagee shall succeed to the rights of Landlord under this Lease, whether through possession or foreclosure action or delivery of a new lease or deed (such party so succeeding to Landlord’s rights herein called the “Successor Landlord”), then Tenant shall attorn to and recognize such Successor Landlord as Tenant’s landlord under this Lease (without the need for further agreement) and shall promptly execute and deliver any reasonable instrument that such Successor Landlord may reasonably request to evidence such attornment. If any Superior Lessor or Superior Mortgagee shall succeed to the rights of Landlord under this Lease, then this Lease shall continue in full force and effect as a direct lease between the Successor Landlord and Tenant upon all of the terms, covenants and conditions as are set forth in this Lease, except that the Successor Landlord shall not(1) be liable for any previous act or omission of Landlord under this Lease, except to the extent such act or omission shall constitute a continuing Landlord default hereunder, in which event Successor Landlord’s responsibility for such act or omission shall be determined as if the act or omission had first arisen upon the vesting of record title in Successor Landlord; (2) be subject to any offsets, counterclaims or defenses which have accrued to Tenant against Landlord prior to the date upon which such Successor Landlord shall obtain record title to the Property; (3) be bound by any rent or other charges which Tenant may have paid to Landlord more than thirty (30) days in advance of the due date thereof; (4) be bound by any security deposit, tax escrow or insurance escrow which Tenant may have paid to Landlord, except to the extent such security deposit and escrowed funds are received by the Successor Landlord; or (5) be bound by any amendment or modification of this Lease or any consent by Landlord under this Lease to any sublease or assignment of Tenant’s interest in this Lease made without the Successor Landlord’s prior written consent; provided, however, that the foregoing clauses (1) through (5) shall in no way modify, limit or impair any obligation of Successor Landlord to perform maintenance and repair obligations to existing improvements and to provide services as set forth in thi...