Attornment Agreement. This Article shall be self-operative but Tenant shall promptly, upon Landlord's request, execute and deliver proper instruments subordinating the Lease to the Mortgage, agreeing to attorn to the Mortgagee (at the Mortgagee's request) in the event the Mortgagee, by foreclosure or otherwise, terminates Landlord's interest in the Premises and agreeing further to notify the Mortgagee of any default by Landlord hereunder and afford the Mortgagee reasonable opportunity to remedy such default should it wish to do so.
Attornment Agreement. If a Transfer of Ownership occurs, Lender and Tenant will be bound to each other, as landlord and tenant, respectively, under all of the terms and conditions of the Lease for the balance of the term thereof (including any renewal or extension term), and Tenant hereby attorns to Lender as its landlord, such attornment to be effective and self-operative, without the execution of any other instruments on the part of either party hereto, immediately upon a Transfer of Ownership. As used in this Article and in the subsequent provisions hereof, whenever the context allows the term "Lender" will also include a purchaser of the Property at a foreclosure sale.
Attornment Agreement. IN THE EVENT THAT ANY SUCH FIRST MORTGAGE IS FORECLOSED OR A CONVEYANCE IN LIEU OF FORECLOSURE IS MADE FOR ANY REASON, TENANT SHALL, AUTOMATICALLY ATTORN TO AND BECOME THE TENANT OF THE SUCCESSOR IN INTEREST TO LANDLORD AT THE OPTION OF SUCH SUCCESSOR IN INTEREST. TENANT COVENANTS AND AGREES TO EXECUTE AND DELIVER, WITHIN TEN (10) DAYS FOLLOWING DELIVERY OF REQUEST BY LANDLORD, MORTGAGEE, OR BY LANDLORD'S SUCCESSOR IN INTEREST AND IN A COMMERCIALLY REASONABLE FORM REQUESTED BY LANDLORD, MORTGAGEE, OR BY LANDLORD'S SUCCESSOR IN INTEREST, ANY ADDITIONAL DOCUMENTS EVIDENCING THE PRIORITY OR SUBORDINATION OF THIS LEASE WITH RESPECT TO THE LIEN OF ANY SUCH FIRST MORTGAGE, WHICH ADDITIONAL COMMERCIALLY REASONABLE DOCUMENTS SHALL BE REASONABLE SATISFACTORY TO TENANT, LANDLORD, MORTGAGEE, AND LANDLORD'S SUCCESSORS IN INTEREST.
Attornment Agreement. See Recital C.
Attornment Agreement. Within thirty (30) days after the Closing Date, Seller shall use its best efforts to obtain for Buyer’s benefit an attornment and non-disturbance agreement (“Attornment Agreement”), in form reasonably satisfactory to Buyer, from any lender having a lien on the Property (“Lien Lender”) which grants Buyer the right to remain in possession of the Property under the Lease (and conditioned on Buyer’s timely performance of all duties and obligations owed under the Lease) notwithstanding any default by Sellers in any debt obligations to the Lien Lender or the exercise by the Lien Lender of any rights of foreclosure or other rights in or against the Property and arising from or in connection with such debt obligations of Seller. The Attornment Agreement, inter alia, must also provide that the Lien Lender will honor any purchase option right of Buyer under the Lease. Buyer agrees that it will consent to any request by the Lien Lender that the Lease be assigned to the Lien Lender as additional security for the debt obligation secured by the Lien Lender’s lien in the Property.
Attornment Agreement. Upon request of the holder of a Mortgage to which this Lease becomes subordinate, Tenant shall execute, acknowledge and deliver to such Mortgagee an agreement: (a) to attorn to such Mortgagee as Landlord if such Mortgagee becomes Landlord hereunder; and/or (b) not to make any payment of Rent for a period of more than one month in advance; and/or (c) to subordinate this Lease to such Mortgage; provided, however, that Tenant shall not be obligated to execute any such agreement until such Mortgagee shall have executed and delivered to Tenant a non-disturbance and attornment agreement as provided in Section 14.1 above; and, further provided, that in no event shall any of Tenant’s Property be or become subject or subordinate to any Mortgage or other lien of any kind in favor of Landlord or granted by Landlord to any Mortgagee or other person.
Attornment Agreement. This Subordination, Nondisturbance and Attornment Agreement ("Agreement") dated as of August 19, 1998, is made by and among PRAECIS PHARMACEUTICALS, INCORPORATED, a Delaware corporation, having an address at 0 Xxxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxxxxxxx 00000-0000 ("Tenant"), and XXXXXX GUARANTY TRUST COMPANY OF NEW YORK, a New York banking corporation, having an address of 00 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000-0000 ("Lender"), and BDG PISCATAWAY, LLC, a New York limited liability company, having an address at c/o Blumenfeld Development Group, Ltd., 0000 Xxxxxxx Xxxxxxxx, Xxxxx 000X, Xxxxxxx, Xxx Xxxx 00000-0000 ("Landlord").
Attornment Agreement. This SUBORDINATION, NON-DISTURBANCE AND ATTORNMENT AGREEMENT dated this ____ day of ________, 1999 among 233 XXXXXXXX XXXERS LLC, with an address at c/o The Witkoff Group LLC ("Landlord"), ORGANIC, a New York corporation with an address at __________, New York, New York _________ ("Tenant"), and LEHMXX XXXTHERS HOLDINGS INC., a Delaware corporation with an address at 3 World Financial Center, New York, New York 10285 ("Lender").
Attornment Agreement. NOPEC shall obtain the approval of the lessor of the real property which is leased to NOPEC to attorn to, recognize and acknowledge SSPC's interest as a secured lender to NOPEC. Additionally, lessor shall agree in writing to give written notice to SSPC of any default in the terms of the lease agreement with NOPEC, and give SSPC the right to cure any monetary default within 15 days after receipt of notice before lessor shall take any remedial measures against NOPEC.
Attornment Agreement. [Subject to approval by Lender]
