MORTGAGE BY LANDLORD. This Lease is expressly subject and subordinate at all times to (1) any ground, underlying or operating lease of the Project or the land on which the Project is located (the "Land") now or hereafter existing and all amendments, renewals and modifications to any such lease, and (2) the lien of any mortgage or trust deed encumbering fee title to the Project, the Land and/or the leasehold estate under any such ground, underlying or operating lease, and to all advances made or to be made upon the security of such lien. Tenant agrees: ,
MORTGAGE BY LANDLORD. Landlord shall have the right to transfer, assign, pledge, grant a security interest in, mortgage or convey in whole or in part the Building and any and all of its rights under this Lease, and nothing herein shall be construed as a restriction upon Xxxxxxxx's so doing.
MORTGAGE BY LANDLORD. Subject to the provisions of 6.03 hereinafter set forth, Landlord shall have the right to transfer, assign, mortgage or convey in whole or in part the Building and any and all of its rights under this Lease.
MORTGAGE BY LANDLORD. Landlord shall have the right to transfer and assign in whole or in part, each and every feature of its right and obligations hereunder and in the Building and land upon which it is situated. Such transfer or assignment may be made either to a corporation, trust company, bank, insurance company, lending institution, or any subsidiary thereof, or individual or group of individuals, and Tenant shall recognize any such transfer or assignment.
MORTGAGE BY LANDLORD. From time to time either before or after the execution of this Lease and before the termination of the term thereof, Landlord may execute a mortgage or trust deed in the nature of a mortgage of Landlord's interest in the building. IN SUCH EVENT:
MORTGAGE BY LANDLORD. Landlord shall have the right to transfer, assign, mortgage or convey in whole or in part the Building and any and all of its rights under its Lease, and nothing herein shall be construed as a restriction upon Landlord's so doing.
MORTGAGE BY LANDLORD. Landlord shall have the right at all times to Mortgage or hypothecate its ownership of the Land and its interest in this Lease; provided, however, that such fee Mortgage or encumbrance shall at all times be subject and subordinate to this Lease, the leasehold estate of Tenant created hereby, and any Leasehold Mortgage encumbering this Lease and any new lease given pursuant to Section 21.3(d) (the mortgagee or beneficiary under any such Mortgage being called herein the “Fee Mortgagee”). Without limiting the generality of the foregoing, in the event of a foreclosure of any such Fee Mortgage, or of any other action or proceeding for the enforcement thereof, or of any sale thereunder, this Lease will not be barred, terminated, cut-off or foreclosed, nor will the rights and possession of Tenant hereunder be disturbed, if no Event of Default has occurred in the payment of Rent due or the performance of Tenant’s other obligations hereunder. Upon the request of any Fee Mortgagee, Tenant shall execute any amendment to this Lease that does not, in the opinion of Tenant’s counsel, adversely affect Tenant’s rights hereunder.
MORTGAGE BY LANDLORD. Tenant accepts this Lease subject to any deeds of trust, security interest or mortgage which might now or hereafter constitute a lien upon the Building or improvements.
MORTGAGE BY LANDLORD. This Lease is expressly subject and subordinate at all times to (i) any ground, underlying or operating lease of the Building or the Land now or hereafter existing and all amendments, renewals and modifications thereof, and (ii) the lien of any mortgage or trust deed encumbering the Building, the Land or any such ground, underlying or operating lease, and to all advances made or to be made upon the security thereof. Prior to the execution of this Lease Agreement, Landlord shall obtain from any Mortgagee a Non-Disturbance and Attornment Agreement which shall be in the form commonly utilized by such Mortgagee, and which shall be acceptable to Tenant in its reasonable discretion. Tenant agrees:
MORTGAGE BY LANDLORD. 19.1 Tenant agrees that this Lease shall be subject and subordinate to the lien of any mortgage which may now or subsequently affect the Leased Premises, and to all renewals, modifications, consolidations, participations, replacements and extensions of said mortgage, so long as Tenant’s (or Tenant’s assignee’s) standard Subordination, Non-Disturbance and Attornment Agreement (“SNDA”) (a copy of such SNDA being attached as Exhibit “B”) is executed by all necessary parties.
