Common use of New Lease Issued to Mortgagee Clause in Contracts

New Lease Issued to Mortgagee. If any Mortgaged Lease is for any reason whatsoever terminated before the expiration of its term and, pursuant to any provision thereof, Mortgagee or its designee shall acquire from the lessor thereunder a new lease of the same leased premises, then Mortgagor shall not have any right, title or interest in or to such new leases or the estates created thereby.

Appears in 5 contracts

Samples: Securities Purchase Agreement, Put Option Agreement, Intercreditor Agreement

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New Lease Issued to Mortgagee. If any Mortgaged the Lease is for any reason whatsoever terminated before the expiration of its term and, pursuant to any provision thereofof the Lease, Mortgagee or its designee shall acquire from the lessor thereunder Lessor a new lease of the same relevant leased premises, then Mortgagor shall not have any no right, title or interest in or to such new leases lease or the estates estate created thereby.]

Appears in 1 contract

Samples: Assignment and Assumption (Gogo Inc.)

New Lease Issued to Mortgagee. If any the Mortgaged Lease is for any reason whatsoever terminated before the expiration of its term and, pursuant to any provision thereofof the Mortgaged Lease, Mortgagee or its designee shall acquire from the lessor thereunder Landlord a new lease of the same relevant leased premises, then Mortgagor shall not have any no right, title or interest in or to such new leases lease or the estates estate created thereby.

Appears in 1 contract

Samples: Credit Agreement (Ionics Inc)

New Lease Issued to Mortgagee. If any Mortgaged Lease is for any reason whatsoever terminated before the expiration of its term and, pursuant to any provision thereof, Mortgagee or its designee shall acquire from the lessor Landlord thereunder a new lease of the same leased premisesrelevant Leased Premises, then Mortgagor shall not have any no right, title or interest in or to such new leases or the estates created thereby, except as set forth in the Credit Agreement.

Appears in 1 contract

Samples: Cloud Peak Energy Inc.

New Lease Issued to Mortgagee. If any Mortgaged the Lease is for any reason whatsoever terminated before the expiration of its term and, pursuant to any provision thereofof the Lease, Mortgagee or its designee shall acquire from the lessor thereunder Landlord a new lease of the same relevant leased premises, then Mortgagor shall not have any no right, title or interest in or to such new leases lease or the estates estate created thereby.

Appears in 1 contract

Samples: Credit Agreement (Regal Cinemas Corp)

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New Lease Issued to Mortgagee. If any Mortgaged Lease is for any reason whatsoever terminated before the expiration of its term and, pursuant to any provision thereof, Mortgagee or its designee shall acquire from the lessor Landlord thereunder a new lease of the same leased premisesrelevant Leased Premises, then Mortgagor shall not have any no right, title or interest in or to such new leases or the estates created thereby.

Appears in 1 contract

Samples: Security Agreement (Listerhill Total Maintenance Center LLC)

New Lease Issued to Mortgagee. If any Mortgaged Lease is for any reason whatsoever terminated before the expiration of its term and, pursuant to any provision thereof, Mortgagee or its designee shall acquire from the lessor thereunder a new lease of the same leased premises, then Mortgagor shall not have any right, title or interest in or to such new leases or the estates created thereby, or renewal privileges therein contained.

Appears in 1 contract

Samples: Intercreditor Agreement (Armstrong Coal Company, Inc.)

New Lease Issued to Mortgagee. If any Mortgaged the Subject Lease is for any reason whatsoever terminated before the expiration of its term and, pursuant to any provision thereofof the Subject Lease, Mortgagee or its designee shall acquire from the such lessor thereunder a new lease of the same relevant leased premises, then Mortgagor shall not have any no right, title or interest in or to such new leases lease or the estates estate created thereby.

Appears in 1 contract

Samples: And Security Agreement (Cheniere Energy Inc)

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