Common use of Lessee’s Authority Clause in Contracts

Lessee’s Authority. Lessee covenants and warrants to City that Lessee has full right, power and authority to execute this Master Lease and each Facilities Lease and that the execution and performance thereof will not violate any laws, ordinances or covenants, or the provisions of any agreement binding on Lessee. Lessee acknowledges and agrees that this Master Lease and each Facilities Lease is subject and subordinate at all times to (i) the lien of all mortgages and deeds of trust securing any amount or amounts whatsoever which may now exist or hereafter be placed on or against any City Facilities, or on or against City 's interest or estate therein, and (ii) any underlying ground lease, all without the necessity of having further instruments executed by Lessee to effect such subordination, but, only upon the condition that any such mortgagee, beneficiary or trustee expressly agrees not to disturb the rights of Lessee under this Master Lease and each Facilities Lease.

Lessee’s Authority. Lessee covenants and warrants to City County that Lessee has full xxxx right, power and authority to execute this Master Lease and each Facilities Lease and that the execution and performance perfoimance thereof will not violate any laws, ordinances or covenants, or the provisions of any agreement binding on Lessee. Lessee acknowledges and agrees that this Master Lease and each Facilities Lease is subject and subordinate at all times to (i) the lien of all mortgages and deeds of trust securing any amount or amounts whatsoever which may now exist or hereafter be placed on or against any City County Facilities, or on or against City County 's interest or estate therein, and (ii) any underlying ground lease, all without the necessity of having further instruments executed by Lessee to effect such subordination, but, only upon the condition that any such mortgagee, beneficiary or trustee expressly agrees not to disturb the rights of Lessee under this Master Lease and each Facilities Lease.

Lessee’s Authority. Lessee covenants and warrants to City that Lessee Xxxxxx has full right, power and authority to execute this Master Lease and each Facilities Lease and that the execution and performance thereof will not violate any laws, ordinances or covenants, or the provisions of any agreement binding on Lessee. Lessee Xxxxxx acknowledges and agrees that this Master Lease and each Facilities Lease is subject and subordinate at all times to (i) the lien of all mortgages and deeds of trust securing any amount or amounts whatsoever which may now exist or hereafter be placed on or against any City Facilities, or on or against City 's interest or estate therein, and (ii) any underlying ground lease, all without the necessity of having further instruments executed by Lessee to effect such subordination, but, only upon the condition that any such mortgagee, beneficiary or trustee expressly agrees not to disturb the rights of Lessee under this Master Lease and each Facilities Lease.