Common use of Leasehold Financing Clause in Contracts

Leasehold Financing. Lessee shall obtain Lessor's written consent before procuring any loan and/or entering into any other arrangement (singly or collectively, a "Loan") which would have the effect of creating a Leasehold Mortgage, except for a Loan which meets each of the following requirements:

Leasehold Financing. Lessee shall obtain Lessor's ’s written consent consent, which may be given or withheld in Lessor’s sole and absolute discretion, before procuring any loan and/or entering into any other arrangement (singly or collectively, a "“Lessee Loan"”) which would have the effect of creating a Leasehold Mortgage, except for a Lessee Loan which meets each of the following requirements:requirements (in which case Lessor’s consent shall not be required):