Common use of Non-Disturbance Agreements Clause in Contracts

Non-Disturbance Agreements. Upon the written request of any tenant of the Project, the City shall execute a non-disturbance agreement pursuant to which City agrees that in the event it acquires the Site or any portion of the Site pursuant to the terms of this Agreement, City will agree to recognize the validity of any such tenancy pursuant to written leases which are to be attached thereto; provided however, that such tenant shall first deposit funds with the City which are, in the City’s reasonable discretion, adequate to cover the cost of review of any such non-disturbance agreement by consultants and/or attorneys.

Appears in 2 contracts

Samples: Disposition and Development Agreement, Disposition and Development Agreement

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Non-Disturbance Agreements. Upon the written request of any tenant of the ProjectApplicable Improvements, the City shall execute a non-disturbance agreement pursuant to which City agrees that in the event it acquires the Site or any portion of the Site pursuant to the terms of this Agreement, City will agree to recognize the validity of any such tenancy pursuant to written leases which are to be attached thereto; provided however, that such tenant shall first deposit funds with the City which are, in the City’s reasonable discretion, adequate to cover the cost of review of any such non-disturbance agreement by consultants and/or attorneys.

Appears in 1 contract

Samples: Disposition and Development Agreement

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Non-Disturbance Agreements. Upon the written request of any tenant of the Project, the City shall execute a non-disturbance agreement pursuant to which City agrees that in the event it acquires the Site or any portion of the Site pursuant to the terms of this Agreement, City will agree to recognize the validity of any such tenancy pursuant to written leases which are to be attached thereto; provided however, that such tenant shall first deposit funds with the City which are, in the City’s reasonable discretion, adequate to cover the cost of review of any such non-disturbance agreement by consultants and/or attorneys.

Appears in 1 contract

Samples: Disposition and Development Agreement

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