Attornment Agreement Clause Samples

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. 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. 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 ▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ ("Tenant"), and ▇▇▇▇▇▇ GUARANTY TRUST COMPANY OF NEW YORK, a New York banking corporation, having an address of ▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ ("Lender"), and BDG PISCATAWAY, LLC, a New York limited liability company, having an address at c/o Blumenfeld Development Group, Ltd., ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ ("Landlord").

Attornment Agreement. Upon the acquisition of WAAC's interest in the Amphitheater by a New Owner, whether such acquisition occurs through purchase at a foreclosure sale, conveyance in lieu of foreclosure or any other exercise by Trustee of any of its rights under the Deed of Trust or any other document executed in connection therewith, the following provisions shall apply: (a) If, at the time New Owner acquires WAAC's interest in the Amphitheater, the Lease Purchase Agreement is still in full force and effect, then City shall be deemed to have attorned (and does hereby attorn) to the New Owner, as the new landlord under the Lease Purchase Agreement; provided, however, that City shall be under no obligation to pay rent to the New Owner until City receives written notice from New Owner that it has succeeded to the interest of WAAC under the Lease Purchase Agreement. (b) If, at the time New Owner acquires WAAC's interest in the Amphitheater, a New Lease has been previously entered into pursuant to the provisions of Paragraph 3(b) of this Agreement, then Pace shall be deemed to have attorned (and does hereby attorn) to New Owner, as the new landlord under such New Lease; provided, however, that Pace shall be under no obligation to pay rent to New Owner until Pace receives written notice from New Owner that it has succeeded to the interest of WAAC under such New Lease.

Attornment Agreement. This SUBORDINATION, NON-DISTURBANCE AND ATTORNMENT AGREEMENT dated this ____ day of ________, 1999 among 233 ▇▇▇▇▇▇▇▇ ▇▇▇ERS 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 LEHM▇▇ ▇▇▇THERS HOLDINGS INC., a Delaware corporation with an address at 3 World Financial Center, New York, New York 10285 ("Lender").

Attornment Agreement. [Subject to approval by Lender]

Attornment Agreement. See Recital C.