Common use of Enforcement of Leasehold Mortgages Clause in Contracts

Enforcement of Leasehold Mortgages. The Authority agrees that any Leasehold Mortgagee may enforce its Leasehold Mortgage and acquire title to StadCo’s interest in the leasehold, license, and other estates or interests, as applicable, created by this Agreement in the Premises in any lawful way and, pending Foreclosure of such Leasehold Mortgage, may take possession of StadCo’s interest in the Premises and, subject to Section 17.2(g) below, upon Foreclosure of such Leasehold Mortgage, may sell and assign StadCo’s interest in the leasehold, license and other estates or interests created by this Agreement, subject to the following:

Appears in 6 contracts

Samples: Stadium Lease Agreement, Stadium Lease Agreement, Stadium Lease Agreement

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Enforcement of Leasehold Mortgages. The Authority agrees that any Leasehold Mortgagee may enforce its Leasehold Mortgage and acquire title to StadCo’s interest in the leasehold, license, and other estates or interests, as applicable, created by this Agreement in the Premises in any lawful way and, pending Foreclosure fForeclosure of such Leasehold Mortgage, may take possession of StadCo’s interest in the Premises and, subject to Section 17.2(g) below, upon Foreclosure of such Leasehold Mortgage, may sell and assign StadCo’s interest in the leasehold, license and other estates or interests created by this Agreement, subject to the following:

Appears in 1 contract

Samples: Stadium Lease Agreement

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Enforcement of Leasehold Mortgages. The Authority agrees that any Leasehold Mortgagee may enforce its Leasehold Mortgage and acquire title to StadCo’s interest in the leasehold, license, and other estates or interests, as applicable, created by this Agreement Lease in the Premises in any lawful way and, pending Foreclosure of such Leasehold Mortgage, may take possession of StadCo’s interest in the Premises and, subject to Section 17.2(g25.2(g) below, upon Foreclosure of such Leasehold Mortgage, may sell and assign StadCo’s interest in the leasehold, license and other estates or interests created by this AgreementLease, subject to the following:

Appears in 1 contract

Samples: Stadium Lease Agreement

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