Common use of Mortgages Clause in Contracts

Mortgages. Tenant accepts this lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises or the improvements situated thereon, provided however, that if the mortgagee, trustee, or holder of any such mortgage or deed of trust elects to have Tenant's interest in this lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease shall be deemed superior to such lien, whether this lease was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter on demand execute any instruments, releases or other documents which may be required by any mortgagee for the purpose of subjecting and subordinating this lease to the lien of any such mortgage.

Appears in 5 contracts

Samples: Warehouse Lease Agreement (Tekgraf Inc), Lease Agreement (Hayes Corp), Lease Agreement (Hayes Corp)

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Mortgages. Tenant accepts this lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises or the improvements situated thereon, provided provided, however, that if the mortgagee, trustee, or holder of any such mortgage or deed of trust elects to have Tenant's interest in this lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease shall be deemed superior to such lien, whether this lease was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter on demand execute any instruments, releases or other documents which may be required by any mortgagee for the purpose of subjecting and subordinating this lease to the lien of any such mortgage.

Appears in 3 contracts

Samples: Lease Agreement (Cortelco Systems Inc), Lease Agreement (Aetrium Inc), Lease Agreement (Glacier Corp)

Mortgages. Tenant accepts this lease Lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises Premises or the improvements situated thereon, provided provided, however, that if the mortgagee, trustee, or holder of any such mortgage or deed of trust elects to have Tenant's Tenaxx'x interest in this lease Lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease Lease shall be deemed superior to such lien, whether this lease Lease was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter on demand execute any instruments, releases or other documents which may be required by any mortgagee for the purpose of subjecting and subordinating this lease Lease to the lien of any such mortgage.

Appears in 2 contracts

Samples: Lease Agreement (Intracel Corp), Lease Agreement (Intracel Corp)

Mortgages. Tenant accepts this lease Lease subject and subordinate to any mortgage(s) mortgages and/or deed(s) deeds of trust now or at any time hereafter constituting a lien or charge upon the premises Premises or the improvements situated thereonthereon or the Building; provided, provided however, that if the mortgagee, trustee, or holder of any such mortgage or deed of trust elects to have Tenant's ’s interest in this lease Lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease Lease shall be deemed superior to such lien, whether this lease Lease was executed before or after said mortgage or deed of trust. Tenant shall Tenant, at any time hereafter on demand demand, shall execute any instruments, releases or other documents which that may be required by any mortgagee for the purpose of subjecting and subordinating this lease Lease to the lien of any such mortgage.

Appears in 2 contracts

Samples: Lease Agreement, Commercial Lease Agreement (Power Solutions International, Inc.)

Mortgages. Tenant accepts this lease Lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises Premises or the improvements situated thereon, provided provided, however, that if the mortgagee, elects to have this Lease and the interest of Tenant hereunder superior to any interest or right of such mortgagee, trustee, or holder of any such mortgage or deed of trust elects to have Tenant's interest in this lease superior to any such instrumentholder, then by notice to Tenant from such mortgagee, trustee or holder, this lease Lease shall be deemed superior to such lien, whether this lease Lease was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter on demand execute any instruments, releases or other documents in form and substance reasonably acceptable to Tenant which may be required by any mortgagee for the purpose of subjecting and subordinating this lease Lease to the lien of any such mortgage.

Appears in 1 contract

Samples: Lease Agreement (Bway Corp)

Mortgages. Tenant accepts this lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises or the improvements situated thereon, provided provided, however, that if the mortgageemortgages, trustee, or holder of any such mortgage or deed of trust elects to have Tenant's interest in this lease superior to any such instrument, then by notice to Tenant from such mortgageemortgages, trustee or holder, this lease shall be deemed superior to such lien, whether this lease was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter on demand execute any instruments, releases release or other documents which may be required by any mortgagee mortgages for the purpose of subjecting and subordinating this lease to the lien of any such mortgage.

Appears in 1 contract

Samples: Consent to Assignment of Lease (Metasolv Inc)

Mortgages. Tenant accepts this lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises Premises or the improvements situated thereon; provided, provided however, that if the mortgagee, trustee, trustee or holder of any such mortgage or deed of trust elects to have Tenant's interest in this lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee trustee, or holder, this lease Lease shall be deemed superior to such lien, whether this lease Lease was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter on demand execute any instruments, releases or other documents which may be required by any mortgagee for the purpose of subjecting and subordinating this lease Lease to the lien of any such mortgage.

Appears in 1 contract

Samples: Lease Agreement (Industrial Data Systems Corp)

Mortgages. Tenant accepts this lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon Upon the premises or the improvements situated thereon; provided, provided however, that if the mortgagee, trustee, or holder of any such mortgage or deed of trust elects to have Tenant's interest in this lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease shall be deemed superior to such lien, whether this lease was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter on demand execute any instruments, releases or other documents which may be required by any mortgagee for the purpose of subjecting and subordinating this lease to the lien of any such mortgage.

Appears in 1 contract

Samples: Lease Agreement (Powin Corp)

Mortgages. Tenant Lessee accepts this lease Lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises or the improvements situated thereon; provided, provided however, that if the mortgagee, trustee, or holder of any such mortgage or deed of trust elects to have TenantLessee's interest in this lease Lease superior to any such instrument, then by notice to Tenant Lessee from such mortgagee, trustee or holder, this lease sublease shall be deemed superior to such lien, whether this lease Lease was executed before or after said mortgage or deed of trust. Tenant Lessee shall at any time hereafter hereafter, on demand demand, execute any instruments, releases releases, or other documents which may be required by any mortgagee mortgage for the purpose of subjecting and subordinating this lease Lease to the lien of any such mortgage.

Appears in 1 contract

Samples: Lease Agreement (Integrated Defense Technologies Inc)

Mortgages. Tenant accepts this lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises or the improvements Improvements situated thereon; provided, provided however, that if the mortgagee, trustee, or holder of any such mortgage or deed of trust elects to have Tenant's interest in this lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease shall be deemed superior to such lien, whether this lease was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter hereafter, on demand demand, execute any instruments, releases or other documents which may be required by any mortgagee mortgages for the purpose of subjecting and subordinating this lease to the lien of any such mortgage.

Appears in 1 contract

Samples: Lease Agreement (Universal Beverages Holdings Corp)

Mortgages. Tenant accepts this lease Lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises Premises or the improvements situated thereon; provided, provided however, that if the mortgagee, trustee, or holder of any such mortgage or deed of trust elects to have Tenant's interest in this lease Lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease Lease shall be deemed superior to such lien, whether this lease Lease was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter on demand execute any instruments, releases or other documents which may be required by any mortgagee or trustee for the purpose of subjecting and subordinating this lease to the lien of any such mortgage.of

Appears in 1 contract

Samples: Lease Agreement (Pharmaceutical Product Development Inc)

Mortgages. Tenant accepts this lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises or the improvements situated thereon; provided, provided however, that if the mortgagee, trustee, or holder of any such mortgage or deed of trust elects to have Tenant's interest in this lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease shall be deemed superior to such lien, whether this lease was executed before or after said mortgage notice or deed of trust. Tenant shall at any time hereafter hereafter, on demand demand, execute any instruments, releases or other documents which may be required by any mortgagee for the purpose of subjecting and subordinating this lease to the lien of any such mortgage.

Appears in 1 contract

Samples: Lease Agreement (Mohawk Industries Inc)

Mortgages. Tenant accepts this lease Lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises Premises or the improvements situated thereonhereon, provided howeverprovided, however that if the mortgagee, trustee, or holder of any such mortgage or deed of trust elects to have TenantTxxxxx's interest in this lease Lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease Lease shall be deemed superior to such lien, whether this lease Least was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter on demand execute any instruments, releases or other documents which may be required by any mortgagee for the purpose of subjecting and subordinating this lease Lease to the lien Lien of any such mortgage.

Appears in 1 contract

Samples: Lease Agreement (Tango Inc)

Mortgages. Tenant accepts this lease subject and subordinate to any mortgage(s) and/or deed(sdeed (s) of trust now or at any time hereafter constituting a lien or charge upon Upon the premises or the improvements situated thereon; provided, provided however, that if the mortgagee, trustee, or holder of any such mortgage or deed of trust elects to have Tenant's interest in this lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease shall be deemed superior to such lien, whether this lease was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter on demand execute any instruments, releases or other documents which may be required by any mortgagee for the purpose of subjecting and subordinating this lease to the lien of any such mortgage.

Appears in 1 contract

Samples: Lease Agreement (Powin Corp)

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Mortgages. Tenant accepts this lease Lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises Premises or the improvements situated thereon; provided, provided however, that if the mortgagee, trustee, or holder of any such mortgage or deed of trust elects to have Tenant's interest in this lease Lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease Lease shall be deemed superior to such lien, whether this lease Lease was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter on demand execute any instruments, releases or other documents which may be required by any mortgagee or trustee for the purpose of further subjecting and subordinating this lease Lease to the lien of any such mortgagemortgage or deed to trust.

Appears in 1 contract

Samples: Lease Agreement (Tekelec)

Mortgages. Tenant accepts this lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises Premises or the improvements situated thereon; provided, provided however, that if the mortgagee, trustee, trustee or holder of any such mortgage or deed of trust elects to have Tenant's interest in this lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease shall be deemed superior to such lien, whether this lease was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter on demand execute any instruments, releases or other documents which may be required by any mortgagee for the purpose of subjecting and subordinating this lease to the lien of any such mortgage. See Paragraph 28.l.

Appears in 1 contract

Samples: Lease Agreement (Packaged Ice Inc)

Mortgages. Tenant accepts this lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises or the improvements situated thereon; provided, provided however, that if the mortgagee, trustee, or holder of any such mortgage or deed of trust elects to have Tenant's interest in this lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease shall be deemed superior to such lien, whether this lease was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter on demand execute any instruments, releases or other documents which may be required by any mortgagee for the purpose of subjecting and subordinating this lease to the lien of any such mortgage.

Appears in 1 contract

Samples: Lease Agreement (Powin Corp)

Mortgages. Tenant accepts this lease Lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises Premises or the improvements situated thereon, provided provided, however, that if the mortgagee, trustee, or holder of any such mortgage or deed of trust elects to have Tenant's interest in this lease Lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease Lease shall be deemed superior to such lien, whether this lease was executed before or after said mortgage or deed dead of trust. Tenant shall at any time hereafter on demand execute any instruments, releases or other documents which may be REASONABLY required by any mortgagee for the purpose of subjecting and subordinating this lease Lease to the lien of any such mortgage. (SEE ADDENDUM TO PARAGRAPH 21.)

Appears in 1 contract

Samples: Lease Agreement (Applied Voice Technology Inc /Wa/)

Mortgages. Tenant accepts this lease Lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises Premises or the improvements situated thereon, provided provided, however, that if the mortgagee, trustee, or holder of any such mortgage or deed of trust elects to have Tenant's ’s interest in this lease Lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease Lease shall be deemed superior to such lien, whether this lease Lease was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter on demand no later than ten (10) days after written request by Landlord, execute any instruments, releases or other documents which may be required by any mortgagee for the purpose of subjecting and subordinating this lease Lease to the lien of any such mortgage.

Appears in 1 contract

Samples: Lease Agreement (Leatt Corp)

Mortgages. Tenant accepts this lease Lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises Premises or the improvements situated thereon, provided provided, however, that if the mortgageemortgages, trustee, or holder of any such mortgage or deed of trust elects to have Tenant's interest in this lease Lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease Lease shall be deemed superior to such lien, whether this lease Lease was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter on demand execute any instruments, releases or other documents which may be required by any mortgagee for the purpose of subjecting and subordinating this lease Lease to the lien of any such mortgage.

Appears in 1 contract

Samples: Lease Agreement (Bioject Medical Technologies Inc)

Mortgages. Tenant accepts this lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises Premises or the improvements situated thereon; provided, provided however, that if the mortgagee, trustee, trustee or holder of any such mortgage or deed of trust elects to have Tenant's interest in this lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease shall be deemed superior to such lien, whether this lease was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter on demand execute any instruments, releases or other documents which may be required by any mortgagee for the purpose of subjecting and subordinating this lease to the lien of any such mortgage.

Appears in 1 contract

Samples: Lease Agreement (United Stationers Supply Co)

Mortgages. Tenant accepts this lease subject and subordinate to any mortgage(s) and/or deed(s) of trust now or at any time hereafter constituting a lien or charge upon the premises Premises or the improvements situated thereon; provided, provided however, that if the mortgagee, trustee, or holder of any such mortgage or deed of trust elects to have Tenant's interest in this lease superior to any such instrument, then by notice to Tenant from such mortgagee, trustee or holder, this lease shall be deemed superior to such lien, whether this lease was executed before or after said mortgage or deed of trust. Tenant shall at any time hereafter hereafter, on demand demand, execute any instrumentsinstrument, releases or other documents which may be required by any mortgagee for the purpose of subjecting subletting and subordinating this lease to the lien of any such mortgage.

Appears in 1 contract

Samples: Lease Agreement (Mentor Corp /Mn/)