Common use of Landlord’s Right To Mortgage Clause in Contracts

Landlord’s Right To Mortgage. Xxxxxx agrees to accept the premises subject to and subordinate to any existing or future mortgage or other lien, and Xxxxxxxx reserves the right to subject premises to same. Xxxxxx agrees to and hereby irrevocably grants Landlord power of attorney for Tenant for the sole purpose of executing and delivering in the name of the Tenant any document(s) related to the Landlord’s right to subject the premises to a mortgage or other lien. No Assignment Tenant expressly agrees that the leased premises nor any portion thereof shall not be assigned or sub-let by Tenant without the prior written consent of Landlord.

Appears in 5 contracts

Samples: Landa Lease (Landa App 3 LLC), Landa Lease (Landa App 3 LLC), Landa Lease (Landa App 3 LLC)

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Landlord’s Right To Mortgage. Xxxxxx agrees to accept the premises subject to and subordinate to any existing or future mortgage or other lien, and Xxxxxxxx reserves the right to subject premises to same. Xxxxxx agrees to and hereby irrevocably grants Landlord power of attorney for Tenant for the sole purpose of executing and delivering in the name of the Tenant any document(s) related to the Landlord’s right to subject the premises to a mortgage or other lien. No Assignment Tenant expressly agrees that the leased premises nor any portion thereof shall not be assigned or sub-let by Tenant without the prior written consent of Landlord.. Landlord Entry During reasonable hours and with reasonable notice, except in emergencies, Landlord and Xxxxxxxx’s representatives, agents and employees may enter the Apartment for the following reasons:

Appears in 2 contracts

Samples: Landa Lease (Landa App 3 LLC), Landa Lease (Landa App 3 LLC)

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