Common use of APPROVAL BY MORTGAGEES Clause in Contracts

APPROVAL BY MORTGAGEES. Anything contained in the provisions of this Lease to the contrary notwithstanding, the Landlord shall be entitled at any time hereafter but before the Landlord delivers possession of the Premises to the Tenant hereunder, to terminate this Lease by giving written notice thereof to the Tenant, if any Mortgagee fails to approve this Lease for purposes of the provisions of its Mortgage, and in the manner set forth therein.

Appears in 6 contracts

Samples: Deed of Lease Agreement (Litronic Inc), Deed of Lease Agreement (Fuisz Technologies LTD), Deed of Lease Agreement (Litronic Inc)

AutoNDA by SimpleDocs

APPROVAL BY MORTGAGEES. Anything contained in the provisions of ---------------------- this Lease to the contrary notwithstanding, the Landlord shall be entitled at any time hereafter but before the Landlord delivers possession of the Premises to the Tenant hereunder, to terminate this Lease by giving written notice thereof to the Tenant, if any Mortgagee fails to approve this Lease for purposes of the provisions of its Mortgage, and in the manner set forth therein.

Appears in 2 contracts

Samples: Lease Agreement, Subordination Agreement (Pc Connection Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.