Common use of Approval by Superior Mortgagee Clause in Contracts

Approval by Superior Mortgagee. If required by a Superior Mortgagee, this Lease shall not become binding upon Landlord until approval of the Lease by Landlord's Superior Mortgagee for the Property, notice of which requirement by a Superior Mortgage is given to Tenant at the time the same is executed by Landlord.

Appears in 3 contracts

Sources: Lease Agreement (Paragon Financial Corp), Lease Agreement (Orthodontic Centers of America Inc /De/), Lease Agreement (Orthodontic Centers of America Inc /De/)

Approval by Superior Mortgagee. If required by a Superior Mortgagee, this Lease shall not become binding upon Landlord until approval of the Lease by Landlord's Superior Mortgagee for the Property, notice of which requirement by a Superior Mortgage is given to Tenant at the time the same is executed by LandlordBuilding.

Appears in 1 contract

Sources: Lease Agreement (Net Command Tech Inc)