Lease Superior Sample Clauses

Lease Superior. The rights of Lessee hereunder are and -------------- shall superior to the lien of such mortgage securing the Building, or the lien resulting from any other method of financing or refinancing, now or hereafter in force against the Project, and to all advances made or hereafter to be made upon the security. Provided that Lessee is not in default under any of the terms, covenants and conditions of this Lease, neither this Lease nor any of the rights of Lessee hereunder shall be terminated or subject to termination by any trustee's sale, any action to enforce the security or by any proceeding or action in foreclosure. If requested, Lessor and Lessee agrees to execute documentation may be required to further effect the provisions of this Articie 16. ARTICLE l7 ---------- DEFAULTS REMEDIES -----------------
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Lease Superior. 34 Section 16.4
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Lease Superior. This Lease and Lessee's rights hereunder are and shall continue to be superior to and have priority over any lease (other than Existing Leases), mortgage, indenture, deed of trust or other Lien, together with any renewals, extensions, modifications, consolidations and replacements of such encumbrance, hereafter affecting or placed, charged or enforced against all or any portion of the Leased Property or any interest of Lessor in it or Lessor's interest in this Lease and the leasehold estate created by this Lease (except to the extent that Lessee and the holder of any of the foregoing enter into an agreement or instrument which expressly provides that this Lease is subject and subordinate to it).
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Lease Superior. 17.7 Quiet Enjoyment. 17.8 Attornment. 18. INSOLVENCY OR BANKRUPTCY: 22 18.1 Events of Default. 18.2 Bankruptcy. 19. DEFAULTS AND REMEDIES: 23 TABLE OF CONTENTS Section Page Number 20. MISCELLANEOUS: 24 20.1 Transfer of Landlord's Interest. 20.2 Right of Landlord to Perform. 20.3 Captions; Attachments; Defined Terms. 20.4
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Lease Superior. Notwithstanding anything herein to the contrary, upon request of Landlord, Tenant agrees to execute any appropriate instrument making this Lease and the leasehold estate created herein superior to the lien of any underlying ground lease, mortgage or deed of trust. 17.7
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Lease Superior. 61 9.2 Advance Payments of Rent.................................................................... 62 9.3 Rights of Holder of Mortgage to Notice of Defaults by Landlord and to Cure Same................................................................................... 62
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Lease Superior. 31 -------------- 9.2.3 Self-Operative............................................. 31 --------------
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Lease Superior. Notwithstanding the foregoing, the holder of a -------------- Mortgage may at its election subordinate the same to this Lease without the consent or approval of Tenant. Any such Mortgage to which this Lease shall subordinate may contain such terms, provisions and conditions as the holder reasonably deems usual or customary.
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Lease Superior. This Lease and the rights of Lessee hereunder are and shall be superior to each and any mortgage or deed of trust or security agreement or collateral assignment and any restatements, renewals, increases, supplements, modifications, consolidations, spreaders, replacements, substitutions thereof, now or at any time encumbering all or any part of the Property or Lessor’s interest therein.
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Related to Lease Superior

  • Ground Lease Reserved.

  • New Lease In the event of the termination of this Lease as a result of Tenant's default prior to the expiration of the term, or in the event of a rejection by Landlord or Tenant of this Lease under Chapter 11 of the Bankruptcy Code, Landlord shall, in addition to providing the notices of default and termination as required by this Lease, provide each Leasehold Mortgagee with written notice that the Lease has been terminated or that Landlord has filed a request with the Bankruptcy Court seeking to reject the Lease, together with a statement of all sums which would at that time be due under this Lease but for such termination or rejection, and of all other defaults, if any, then known to Landlord. Upon any request of the Leasehold Mortgagee, or its designee, Landlord agrees to enter into a new lease ("New Lease") of the Premises with such Leasehold Mortgagee or its designee for the remainder of the term of this Lease, effective as of the date of termination or rejection, as the case may be, at the Rent, and upon the terms, covenants and conditions (including all transfer rights, but excluding requirements which are not applicable or which have already been fulfilled) of this Lease; provided, however, that (i) the Leasehold Mortgagee whose lien upon the Premises is superior to the lien of any other Leasehold Mortgage (the "Senior Leasehold Mortgagee") shall have the right to give notice of its intent to enter into a New Lease to the Landlord for a period of 60 days from its receipt of the notice referred to in the first sentence of this Section 18.2.18 and (ii) if the Senior Leasehold Mortgagee does not exercise its right to enter into the New Lease during this 60-day period; the Leasehold Mortgagee whose lien upon the Premises is superior to the lien of any other Leasehold Mortgage (other than the Senior Leasehold Mortgagee) shall have the right to give notice of its intent to enter into a New Lease to the Landlord during the remainder of the period(s) specified below; and provided further, however,

  • The Lease 4.1. By this lease the Landlord lets and the Tenant takes the Premises for the Term at the Rent and subject ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

  • Lease Supplement The Lease Supplement No. 1 (Federal Express Corporation Trust No. N676FE) to be dated the Delivery Date, substantially in the form of Exhibit A to the Lease. Lease Term. The period commencing on the Delivery Date and ending at the end of the Basic Term. Lessee. Federal Express Corporation, a Delaware corporation.

  • Operating Lease The parties hereto intend that this Lease shall be deemed for all purposes to be an operating lease and not a capital lease.

  • Lease The Lease Agreement (Federal Express Corporation Trust No. N678FE) dated as of June 15, 1998, as amended and restated as of September 1, 1998, entered into by the Lessor and the Lessee concurrently with the execution and delivery of the Indenture, including, without limitation, supplementation by one or more Lease Supplements entered into pursuant to the applicable provisions of the Lease.

  • Space Leases (i) Borrower has delivered a true, correct and complete schedule of all Space Leases as of the date hereof, which accurately and completely sets forth in all material respects, for each such Space Lease, the following (collectively, the “Rent Roll”): the name and address of the tenant with the name, title and telephone number of the contact person of such tenant; the lease expiration date, extension and renewal provisions; the base rent and percentage rent payable; all additional rent and pass-through obligations; and the security deposit held thereunder and the location of such deposit.

  • Lease Assignment To the best of Seller's knowledge, the ------------------ Tenant has not assigned its interest in the Lease or sublet any portion of the premises leased to the Tenant under the Lease.

  • Lease Agreement On the terms stated in this Lease, Landlord leases the Premises to Tenant, and Tenant leases the Premises from Landlord, for the Term beginning on the Commencement Date and ending on the Termination Date unless extended or sooner terminated pursuant to this Lease.

  • Memorandum of Lease Lessor and Lessee shall promptly upon the request of either enter into a short form memorandum of this Lease, in form suitable for recording under the laws of the State in which reference to this Lease, and all options contained herein, shall be made. Lessee shall pay all costs and expenses of recording such memorandum of this Lease.

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