NO SUBORDINATION. Mezzanine Borrower shall not permit Mortgage Borrower to consent to the subordination of the Operating Agreements to any mortgage or other lease of the fee interest in any portion of the Property, other than the Security Instruments and as permitted hereunder pursuant to Section 8.8.10 of the Loan Agreement (Mortgage).
Appears in 4 contracts
Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc), Mezzanine Loan and Security Agreement (Station Casinos Inc), Mezzanine Loan and Security Agreement (Station Casinos Inc)
NO SUBORDINATION. Mezzanine Borrower shall not permit Mortgage Borrower to consent to the subordination of the Operating Agreements to any mortgage or other lease of the fee interest in any portion of the Property, other than the Security Instruments and as permitted hereunder pursuant to Section 8.8.10 of the Loan Agreement (Mortgage)8.8.10.
Appears in 3 contracts
Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc), Mezzanine Loan and Security Agreement (Station Casinos Inc), Mezzanine Loan and Security Agreement (Station Casinos Inc)
