Mortgagee as Lessee. If any Subject Lease shall be terminated prior to the natural expiration of its term due to default by Mortgagor or any subtenant thereunder, and if, pursuant to the provisions of such Subject Lease, Mortgagee or its designee shall acquire 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: Assignment and Assumption Agreement (Foresight Energy LP), Security Agreement (Alliance Resource Partners Lp), Security Agreement (Alliance Holdings GP, L.P.)
Mortgagee as Lessee. If any the Subject Lease shall be is terminated prior to the natural expiration of its term due to default by Mortgagor or any subtenant tenant thereunder, and if, pursuant to the provisions of such Subject Lease, if Mortgagee or its designee shall acquire acquires 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 Agreement (Hexcel Corp /De/), Credit Agreement (Hexcel Corp /De/), Credit Agreement (Sybron Dental Specialties Inc)
Mortgagee as Lessee. If any the Subject Lease shall be terminated prior to the natural expiration of its term due to default by Mortgagor or any subtenant tenant thereunder, and if, pursuant to the provisions of such Subject Lease, Mortgagee or its designee shall acquire from the lessor a new lease of the Premisespremises subject to the Subject Lease, 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 and Guaranty Agreement (Simmons Co /Ga/), Security Agreement (Loewen Group Inc)
Mortgagee as Lessee. If any Subject Primary Lease shall be is terminated prior to the natural expiration of its term due to default by Mortgagor or any subtenant tenant thereunder, and if, pursuant to the provisions of such Subject Lease, if Mortgagee or its designee shall acquire acquires 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 2 contracts
Samples: Security Agreement (Isle of Capri Casinos Inc), Credit Agreement (Isle of Capri Casinos Inc)
Mortgagee as Lessee. If any the Subject Lease shall be terminated prior to the natural expiration of its term due to default by Mortgagor or any subtenant tenant thereunder, and if, pursuant to the provisions of such Subject Lease, Mortgagee or its designee shall acquire 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.
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