Common use of Consent of Leasehold Mortgagee Clause in Contracts

Consent of Leasehold Mortgagee. No act or agreement between or on the part of Landlord or Tenant to cancel, terminate, surrender, amend, or modify this Lease or Tenant’s right to possession shall be binding upon or effective as against the Leasehold Mortgagee without its prior written consent.

Appears in 9 contracts

Samples: Land and Improvements Lease, Development Agreement, Development Agreement

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Consent of Leasehold Mortgagee. No act or agreement between or on the part of Landlord or Tenant to cancel, terminate, surrender, amend, or modify this Lease or Tenant’s 's right to possession shall be binding upon or effective as against the Leasehold Mortgagee without its prior written consent.

Appears in 5 contracts

Samples: Development and Disposition Agreement, Development Agreement, Development Agreement

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Consent of Leasehold Mortgagee. No act or agreement between or on the part of Landlord or Tenant to cancel, terminate, surrender, amend, amend or modify this Lease or Tenant’s right to possession shall be binding upon or effective as against the Leasehold Mortgagee without its prior written consent. Notwithstanding anything to the contrary contained in this Lease, Tenant may exercise the Option described in Section 15.1 without the consent of any Leasehold Mortgagee.

Appears in 1 contract

Samples: Land and Improvements Lease

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