Common use of LANDLORD ENCUMBRANCES Clause in Contracts

LANDLORD ENCUMBRANCES. It is expressly understood and agreed that Xxxxxxxx’s fee interest in the Land is not subordinate to any Leasehold Mortgage (as hereinafter defined). Tenant has no right to, and shall not, place or create any mortgage or other lien or encumbrance purporting to encumber Landlord’s fee interest in the Land. In the event Landlord elects to encumber the Land or any portion thereof with a fee mortgage, such fee mortgage shall be subordinate to Tenant’s rights under this Lease and upon Tenant’s request, Landlord shall execute and cause such fee mortgagee to enter into a recognition, non-disturbance and attornment agreement with Tenant, substantially in the form attached hereto as Exhibit F or such other form as Landlord, Tenant, such fee mortgagee and any Leasehold Mortgagee may mutually agree to.