Common use of Leasehold Mortgages Clause in Contracts

Leasehold Mortgages. StadCo shall have the right to enter into a Leasehold Mortgage encumbering StadCo’s rights under this Agreement to the same extent as set forth in Article 17 of the Stadium Lease, and all Leasehold Mortgagees shall have the rights set out in Article 17 of the Stadium Lease as to this Agreement as if such provisions of Article 17 of the Stadium Lease were set out herein as to this Agreement even though the term of the Stadium Lease has not commenced.

Appears in 4 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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Leasehold Mortgages. StadCo shall have the right to enter into a Leasehold Mortgage encumbering StadCo’s rights under this Agreement to the same extent as set forth in [Article 17 of the Stadium Lease], and all Leasehold Mortgagees shall have the rights set out in [Article 17 of the Stadium Lease Lease] as to this Agreement as if such provisions of [Article 17 of the Stadium Lease Lease] were set out herein as to this Agreement even though the term of the Stadium Lease has not commenced.

Appears in 1 contract

Samples: Development Agreement

Leasehold Mortgages. StadCo shall have the right to enter into a Leasehold Mortgage encumbering StadCo’s rights under this Agreement to the same extent as set forth in Article 17 of the Stadium Lease, and all Leasehold Mortgagees shall have the rights set out in Article 17 of the Stadium Lease as to this Agreement as if such provisions of Article 17 of the Stadium Lease were set out herein as to this Agreement even though the term of the Stadium Lease has not commenced.commenced.‌

Appears in 1 contract

Samples: Development Agreement

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Leasehold Mortgages. StadCo shall have the right to enter into a Leasehold Mortgage encumbering StadCo’s rights under this Agreement to the same extent as set forth in Article 17 25 of the Stadium Lease, and all Leasehold Mortgagees shall have the rights set out in Article 17 25 of the Stadium Lease as to this Agreement as if such provisions of Article 17 25 of the Stadium Lease were set out herein as to this Agreement even though the term of the Stadium Lease has not commenced.commenced.‌

Appears in 1 contract

Samples: Development and Funding Agreement

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