Common use of No Cancellation or Voluntary Surrender; Subordination; Modification Clause in Contracts

No Cancellation or Voluntary Surrender; Subordination; Modification. Without the written consent of Lender, Landlord agrees not to accept a cancellation or voluntary surrender of the Lease or to amend or modify the Lease at any time while a Leasehold Mortgage shall remain a lien on the Leasehold and any such attempted cancellation, surrender or modification of the Lease without the written consent of Lender shall be null and void and of no force or effect. Landlord and Tenant further agree for the benefit of Lender that, so long as a Leasehold Mortgage shall remain a lien on said Leasehold, Landlord and Tenant will not subordinate the Lease, or any New Lease entered into pursuant to Paragraph 7(i) below, to any mortgage or deed of trust (to the extent permitted pursuant to the provisions of Paragraph 7(j) below) that may hereafter be placed on Landlord's reversionary fee interest in the Leased Land.

No Cancellation or Voluntary Surrender; Subordination; Modification. Without the written consent of LenderXxxxxx, Landlord Xxxxxxxx agrees not to accept a cancellation or voluntary surrender of the Lease or to amend or modify the Lease at any time while a Leasehold Mortgage shall remain a lien on the Leasehold and any such attempted cancellation, surrender or modification of the Lease without the written consent of Lender shall be null and void and of no force or effect. Landlord and Tenant further agree for the benefit of Lender that, so long as a Leasehold Mortgage shall remain a lien on said Leasehold, Landlord and Tenant will not subordinate the Lease, or any New Lease entered into pursuant to Paragraph 7(i) below, to any mortgage or deed of trust (to the extent permitted pursuant to the provisions of Paragraph 7(j) below) that may hereafter be placed on Landlord's reversionary fee interest in the Leased Land.