Mortgagee as Lessee. If the Subject Lease is terminated prior to the natural expiration of its term due to default by Mortgagor or any tenant thereunder, and if Mortgagee or its designee acquires from the lessor a new lease of the premises, Mortgagor shall have no right, title or interest in or to such new lease or the leasehold estate created thereby, or renewal privileges therein contained.
Appears in 4 contracts
Samples: Credit Agreement (Hexcel Corp /De/), Credit Agreement (Hexcel Corp /De/), Credit Agreement (Ackerley Group Inc)
Mortgagee as Lessee. If the any Subject Lease is shall be terminated prior to the natural expiration of its term due to default by Mortgagor or any tenant subtenant thereunder, and if if, pursuant to the provisions of such Subject Lease, Mortgagee or its designee acquires shall acquire from the lessor a new lease of the premisesPremises, Mortgagor shall have no right, title or interest in or to such new lease or the leasehold estate created thereby, or renewal privileges therein contained.
Appears in 4 contracts
Samples: Credit and Guaranty Agreement (Foresight Energy LP), Credit Agreement (Alliance Resource Partners Lp), Credit Agreement (Alliance Holdings GP, L.P.)
Mortgagee as Lessee. If the Subject any Primary Lease is terminated prior to the natural expiration of its term due to default by Mortgagor or any tenant thereunder, and if Mortgagee or its designee acquires from the lessor a new lease of the premises, Mortgagor shall have no right, title or interest in or to such new lease or the leasehold estate created thereby, or renewal privileges therein contained.
Appears in 2 contracts
Samples: Credit Agreement (Isle of Capri Casinos Inc), Credit Agreement (Isle of Capri Casinos Inc)
Mortgagee as Lessee. If the Subject Lease is shall be terminated prior to the natural expiration of its term due to default by Mortgagor or any tenant thereunder, and if if, pursuant to the provisions of such Subject Lease, Mortgagee or its designee acquires shall acquire from the lessor a new lease of the premisesPremises, Mortgagor shall have no right, title or interest in or to such new lease or the leasehold estate created thereby, or renewal privileges therein contained.
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