At Landlord's election. this Lease shall become subject and subordinate to any Security Instrument created after the Effective Date. Notwithstanding such subordination, Tenant's right to quiet possession of the Premises shall not be disturbed so long as Tenant is not in default and performs all of its obligations under this Lease, unless this Lease is otherwise terminated pursuant to its terms.
Appears in 7 contracts
Samples: Lease (All American Semiconductor Inc), Lease Addendum (Adac Laboratories), Lease (Oplink Communications Inc)
At Landlord's election. this Lease shall become subject and subordinate to any Security Instrument created after the Effective Commencement Date. Notwithstanding such subordination, Tenant's right to quiet possession of the Premises shall not be disturbed and the terms of this Lease shall not be modified so long as so Tenant is in not in default and performs all of its obligations under this Lease, unless this Lease is otherwise terminated pursuant to its terms.
Appears in 2 contracts
Samples: Lease (United Defense Lp), Lease (United Defense Lp)
At Landlord's election. this Lease shall become subject and subordinate to any Security Instrument created after the Effective Date. Notwithstanding such subordination, Tenant's right to quiet possession of the Premises shall not be disturbed so long as Tenant is not in default and performs all of its his obligations under this Lease, unless this Lease is otherwise terminated pursuant to its terms.
Appears in 1 contract
At Landlord's election. this Lease shall become subject and subordinate to any Security Instrument created after the Effective Commencement Date. Notwithstanding such subordination, Tenant's right to quiet possession of the Premises shall not be disturbed and the terms of this Lease shall not be modified so long as Tenant is not in default and performs all of its obligations under this Lease, unless this Lease is otherwise terminated pursuant to its terms.
Appears in 1 contract
Samples: Lease Agreement (United Defense Lp)