Common use of Leasehold Mortgagee Clause in Contracts

Leasehold Mortgagee. Landlord hereby acknowledges that Tenant has advised Landlord that Bankers Trust Company (the "Leasehold Mortgagee") is the mortgagee under a mortgage encumbering Tenant's leasehold interest in the Leased Premises, and as such, is entitled to the benefits contained in this Paragraph 41. All notices to the Leasehold Mortgagee shall be deemed to have been duly given when sent in the manner required hereunder addressed to the Leasehold Mortgagee at Xxx Xxxxxxx Xxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000. Tenant acknowledges on its and Leasehold Mortgagee's behalf that Landlord has not reviewed and is not a party to any loan documents between Tenant and the Leasehold Mortgagee and is not obligated to Leasehold Mortgagee for any obligations of Tenant to the Leasehold Mortgage.

Appears in 1 contract

Samples: Industrial Building Lease (Motors & Gears Inc)

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Leasehold Mortgagee. Landlord hereby acknowledges that Tenant has advised Landlord that Bankers Trust Company (the "Leasehold Mortgagee") is the mortgagee under a mortgage encumbering Tenant's leasehold interest in the Leased Premises, and as such, is entitled to the benefits contained in this Paragraph 41. All notices to the Leasehold Mortgagee shall be deemed to have been duly given when sent in the manner required hereunder addressed to the Leasehold Mortgagee at Xxx Xxxxxxx Xxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000. Tenant Tennnt acknowledges on its and Leasehold Mortgagee's behalf that Landlord has not reviewed and is not a party to any loan documents between Tenant and the Leasehold Mortgagee and is not obligated to Leasehold Mortgagee for any obligations of Tenant to the Leasehold Mortgage.

Appears in 1 contract

Samples: Motors & Gears Inc

Leasehold Mortgagee. Landlord hereby acknowledges that Tenant has advised Landlord that Bankers Trust Company (the "Leasehold Mortgagee") is the mortgagee under a mortgage encumbering Tenant's leasehold interest in the Leased Premises, and as such, is entitled to the benefits contained in this Paragraph 41. All notices to the Leasehold Mortgagee shall be deemed to have been duly given when sent in the manner required hereunder addressed to the Leasehold Mortgagee at Xxx Xxxxxxx Xxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx Xxxx, 00000. Tenant acknowledges on its and Leasehold Mortgagee's behalf that Landlord has not reviewed and is not a party to any loan documents between Tenant and the Leasehold Mortgagee and is not obligated to Leasehold Mortgagee for any obligations of Tenant to the Leasehold Mortgage.

Appears in 1 contract

Samples: Industrial Building Lease (Motors & Gears Inc)

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Leasehold Mortgagee. Landlord hereby acknowledges that Tenant has advised Landlord that Bankers Trust Company bankers trust company (the "Leasehold Mortgagee") is the mortgagee under a mortgage encumbering Tenant's leasehold interest in the Leased Premises, and as such, is entitled to the benefits contained in this Paragraph 41. All notices to the Leasehold Mortgagee shall be deemed to have been duly given when sent in the manner required hereunder addressed to the Leasehold Mortgagee at Xxx Xxxxxxx Xxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000. Tenant acknowledges on its and Leasehold Mortgagee's behalf that Landlord has not reviewed and is not a party to any loan documents between Tenant and the Leasehold Mortgagee and is not obligated to Leasehold Mortgagee for any obligations of Tenant to the Leasehold Mortgage.

Appears in 1 contract

Samples: Industrial Building Lease (Motors & Gears Inc)

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