Common use of Effect of Attornment Clause in Contracts

Effect of Attornment. Upon attornment pursuant to Section 13.04, this Lease shall continue in full force and effect as a direct lease between the Mortgagee and the Tenant, upon all of the same terms, conditions and covenants as are set forth in this Lease except that, after attornment, the Mortgagee and its successors in title shall not be: (a) liable for any act or omission of the Landlord; or (b) subject to any offset or defense which the Tenant might have against the Landlord; or (c) bound by any prepayment by the Tenant of more than 1 month's installment of Rent unless the prepayment shall have been approved in writing by the Mortgagee or by any predecessor of the Mortgagee's former interest as mortgagee of the Project.

Effect of Attornment. Upon attornment pursuant to Section 13.04, this Lease shall continue in full force and effect as a direct lease between the Mortgagee and the Tenant, upon all of the same terms, conditions and covenants as are set forth in this Lease except that, after attornment, the Mortgagee and its successors in title shall not be: (a) liable for any act or omission of the Landlord; or; (b) subject to any offset or defense defence which the Tenant might have against the Landlord; or (c) bound by any prepayment by the Tenant of more than 1 month's installment of Rent unless the prepayment shall have been approved in writing by the Mortgagee or by any predecessor of the Mortgagee's former interest as mortgagee of the Project.. MORGUARD February 2005 - Net Office, Multi-Tenant (General Application)

Effect of Attornment. Upon attornment pursuant to Section 13.04, this Lease shall continue in full force and effect as a direct lease between the Mortgagee and the Tenant, upon all of the same terms, conditions and covenants as are set forth in this Lease except that, after attornment, the Mortgagee and its successors in title shall not be: (a) liable for any act or omission of the Landlord; or (b) subject to any offset or defense defence which the Tenant might have against the Landlord; or (c) bound by any prepayment by the Tenant of more than 1 one (1) month's installment of Rent unless the prepayment shall have been approved in writing by the Mortgagee or by any predecessor of the Mortgagee's former interest as mortgagee of the Project.

Effect of Attornment. Upon attornment pursuant to Section 13.04, this Lease shall continue in full force and effect as a direct lease between the Mortgagee Purchaser and the Tenant, upon all of the same terms, conditions and covenants as are set forth in this Lease except that, after attornment, the Mortgagee Purchaser and its successors in title shall not be: (a) liable for any act or omission of the Landlord; or (b) subject to any offset offsets or defense defenses which the Tenant might have against the Landlord; or (c) bound by any prepayment by the Tenant of more than 1 month's installment one months instalment of Rent unless the prepayment shall have been approved in writing by the Mortgagee Purchaser or by any predecessor of the Mortgagee's Purchasers former interest as mortgagee of in the Project.

Effect of Attornment. Upon attornment pursuant to Section 13.04, this Lease shall continue in full force and effect as a direct lease between the Mortgagee Purchaser and the Tenant, upon all of the same terms, conditions and covenants as are set forth in this Lease except that, after attornment, the Mortgagee Purchaser and its successors in title shall not betitle: (a) shall not be liable for any act or omission of the Landlord; , or (b) shall not be subject to any offset offsets or defense defenses which the Tenant might have against the Landlord; or; (c) shall not be bound by any prepayment by the Tenant of more than 1 one month's installment instalment of Rent or by any previous modification of this Lease, unless the prepayment or modification shall have been approved in writing by the Mortgagee Purchaser or by any predecessor of the MortgageePurchaser's former interest as mortgagee of in the Project.

Effect of Attornment. Upon attornment pursuant to Section 13.041304, this Lease shall continue in full force and effect as a direct lease between the Mortgagee and the Tenant, upon all of the same terms, conditions and covenants as are set forth in this Lease except that, after attornment, the Mortgagee and its successors in title shall not be: (a) liable for any act or omission of the Landlord; or; (b) subject to any offset or defense defence which the Tenant might have against the Landlord; or (c) bound by any prepayment by the Tenant of more than 1 month's installment ’s instalments of Rent unless the prepayment shall have been approved in writing by the Mortgagee or by any predecessor of the Mortgagee's ’s former interest as mortgagee of the Project.

Effect of Attornment. Upon attornment pursuant to Section 13.04, this Lease shall continue in full force and effect as a direct lease between the Mortgagee and the Tenant, upon all of the same terms, conditions and covenants as are set forth in this Lease except that, after attornment, the Mortgagee and its successors in title shall not be: (a) liable for any act or omission of the Landlord; or; (b) subject to any offset or defense defence which the Tenant might have against the Landlord; or (c) bound by any prepayment by the Tenant of more than 1 month's installment ’s instalment of Rent unless the prepayment shall have been approved in writing by the Mortgagee or by any predecessor of the Mortgagee's ’s former interest as mortgagee of the Project.