LEASEHOLD PROVISIONS Sample Clauses

LEASEHOLD PROVISIONS. If the interest of the Borrower in all or any part of the Lands derives from a Lease or Leases, then the following additional provisions apply with respect to such interest and to each Lease:
AutoNDA by SimpleDocs
LEASEHOLD PROVISIONS. If the interest of the Mortgagor in the Mortgaged Premises or any part thereof derives from a lease, sublease, agreement to lease, tenancy, right of use or occupation, right of first refusal to lease, option to lease or license of the Mortgaged Premises or such part thereof (such lease, sublease, agreement to lease, tenancy, right of use or occupation, right of first refusal to lease, option to lease or license including any renewal, extension, modification, replacement or assignment thereof is hereinafter collectively called the "Lease"), then the following additional provisions apply with respect to such interest: all references herein to "Mortgaged Premises" shall include all right, title and interest of the Mortgagor from time to time in and to the Lease and the lands and premises demised under the Lease, including any greater right, title or interest therein or in any part thereof acquired after the date of the Mortgage; the Mortgagor grants, mortgages, demises, sub-leases and charges to the Mortgagee all estate, term, right, title and interest of the Mortgagor in and to the Lease and the Mortgaged Premises, together with any and all other, further or additional title, estate, interest or right therein or any part thereof which may at any time be acquired by the Mortgagor in or to the lands and premises demised by the Lease during the Term of the Mortgage, together with the Lease and all right, title and interest of the Mortgagor in the Lease and all benefit and advantage therefrom for the Mortgagee including any right or option to purchase or to lease contained therein, to have and to hold for and during the remainder of the term of the Lease, save and except the last day thereof (the "Reversion"), as security for the payment to the Mortgagee of the Principal Amount and interest on such amount and all other amounts secured by the Mortgage and for the performance of all liabilities and obligations secured by the Mortgage upon the terms set out in the Mortgage; the Mortgagor represents and warrants to the Mortgagee as follows: the Mortgagor has good leasehold title to the Mortgaged Premises free and clear of any liens, charges and other encumbrances except those specifically approved in writing by the Mortgagee; the Lease is, at the time of execution and delivery of the Mortgage, a good, valid and subsisting lease and has not been surrendered or forfeited or become void or voidable and the Mortgagor has not done or failed to do any act as a result of w...
LEASEHOLD PROVISIONS. ..22 Section 5.1 Deed of Trust Subject to Ground Leases......................22 Section 5.2
LEASEHOLD PROVISIONS. Section 5.1 Deed of Trust Subject to Ground Lease. This Deed of Trust is made subject to whatever rights and interest the Lessor(s) may have under each lease defined herein as one of the Ground Lease and the covenants, conditions and restrictions set forth therein. This Deed of Trust shall not be construed so as to constitute a default under any Ground Lease pursuant to Applicable Law or the terms of such Ground Lease, and this Deed of Trust and the lien created hereby shall be of no further force and effect if deemed by a court of competent jurisdiction to violate the terms of such Ground Lease or Applicable Law.
LEASEHOLD PROVISIONS. With respect to the Subject Lease and matters related thereto, Mortgagor acknowledges and agrees to the provisions of Schedule C attached hereto, made a part hereof and incorporated herein by reference.
LEASEHOLD PROVISIONS. 8.1. Trustor will pay or cause to be paid all rent and other charges required under the Retail Lease and the Lobby Lease as and when the same are due and Trustor will keep, observe and perform, or cause to be kept, observed and performed, all of the other terms, covenants, provisions and agreements of the Retail Lease and the Lobby Lease on the part of the lessee thereunder to be kept, observed and performed, and will not in any manner, cancel, terminate or surrender, or permit any cancellation, termination or surrender of the Retail Lease or the Lobby Lease, in whole or in part, or, without the written consent of Lender, either orally or in writing, modify, amend or permit any modification or amendment of any of the terms thereof in any respect, and any attempt on the part of Trustor to exercise any such right without such written consent of Lender shall be null and void and of no effect.
LEASEHOLD PROVISIONS. 24 -------------------- Section 9.17. Gaming Authorities.................................................................................27 ------------------ Section 9.18. Indenture..........................................................................................27 --------- Section 9.19.
AutoNDA by SimpleDocs
LEASEHOLD PROVISIONS. Section 8.1 Operator shall pay or cause to be paid all rents, additional rents and other sums required to be paid by Operator as tenant under and pursuant to the provisions of the Operating Lease on or before the date on which such rent or other charge is payable. Fee Owner and Operator shall (i) diligently perform and observe all of the terms, covenants and conditions of the Operating Lease, as landlord and tenant, respectively, thereunder, to be performed and observed prior to the expiration of any applicable grace period therein provided, (ii) promptly notify the Lender of the giving of any notice to the Fee Owner or Operator, as applicable, of any default by such party as landlord or tenant thereunder, and promptly deliver to the Lender a true copy of each such notice except, in the case of clauses (i) through (ii) above, for any such defaults or breaches as would not be reasonably expected to have a material adverse effect.
LEASEHOLD PROVISIONS. (a) Borrower Trustor shall pay the rent set forth in the Ground Lease as the same becomes due and payable.
LEASEHOLD PROVISIONS 
Time is Money Join Law Insider Premium to draft better contracts faster.