Common use of Nondisturbance Clause in Contracts

Nondisturbance. With respect to Security Devices entered into by Lessor aGer the execution of this Lease, Lessee's subordination of this Lease shall be subject to receiving a commercially reasonable non­disturbance agreement (a "Non­Disturbance Agreement") from the Lender which Non­Disturbance Agreement provides that Lessee's possession of the Premises, and this Lease, including any options to extend the term hereof, will not be disturbed so long as Lessee is not in Breach hereof and attorns to the record owner of the Premises. Further, within 60 days aGer the execution of this Lease, Lessor shall, if requested by Lessee, use its commercially reasonable efforts to obtain a Non­Disturbance Agreement from the holder of any pre­existing Security Device which is secured by the Premises. In the event that Lessor is unable to provide the Non­Disturbance Agreement within said 60 days, then Lessee may, at Lessee's option, directly contact Lender and attempt to negotiate for the execution and delivery of a Non­Disturbance Agreement.

Appears in 2 contracts

Samples: walnutcreek.granicus.com, Multi­tenant Office Lease

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Nondisturbance. With respect to Security Devices entered into by Lessor aGer after the execution of this Lease, Lessee's subordination of this Lease shall be subject to receiving a commercially reasonable non­disturbance non-disturbance agreement (a "Non­Disturbance Non-Disturbance Agreement") from the Lender which Non­Disturbance Non-Disturbance Agreement provides that Lessee's possession of the Premises, and this Lease, including any options to extend the term hereof, will not be disturbed so long as Lessee is not in Breach hereof and attorns to the record owner of the Premises. Further, within 60 sixty (60) days aGer after the execution of this Lease, Lessor shall, if requested by Lessee, shall use its commercially reasonable efforts efforts to obtain a Non­Disturbance Non-Disturbance Agreement from the holder of any pre­existing pre-existing Security Device which is secured by the Premises. In the event that Lessor is unable to provide the Non­Disturbance Non-Disturbance Agreement within said 60 sixty (60) days, then Lessee may, at Lessee's option, directly contact Lender Lessor's lender and attempt to negotiate for the execution and delivery of a Non­Disturbance Non-Disturbance Agreement.

Appears in 2 contracts

Samples: Sugarmade, Inc., Diversified Opportunities, Inc.

Nondisturbance. With respect to Security Devices entered into by Lessor aGer after the execution of this Lease, Lessee's subordination of this Lease shall be subject to receiving a commercially reasonable non­disturbance non-disturbance agreement (a "Non­Disturbance “NonDisturbance Agreement") from the Lender which Non­Disturbance Non- Disturbance Agreement provides that Lessee's possession of the Premises, and this Lease, including any options to extend the term hereof, will not be disturbed so long as Lessee is not in Breach hereof and attorns to the record owner of the Premises. Further, within 60 days aGer after the execution of this Lease, Lessor shall, if requested by Lessee, use its commercially reasonable efforts efforts to obtain a Non­Disturbance Non-Disturbance Agreement from the holder of any pre­existing pre-existing Security Device which is secured by the Premises. In the event that Lessor is unable to provide the Non­Disturbance Non-Disturbance Agreement within said 60 days, then Lessee may, at Lessee's option, directly contact Lender and attempt to negotiate for the execution and delivery of a Non­Disturbance Non- Disturbance Agreement.

Appears in 1 contract

Samples: Work Letter Agreement

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Nondisturbance. With respect to Security Devices entered into by Lessor aGer the execution of this Lease, Lessee's subordination of this Lease shall be subject to receiving a commercially reasonable non­disturbance agreement (a "Non­Disturbance Agreement") from the Lender which Non­Disturbance Agreement provides that Lessee's possession of the Premises, and this Lease, including any options to extend the term hereof, will not be disturbed so long as Lessee is not in Breach hereof and attorns to the record owner of the Premises. Further, within 60 days aGer after the execution of this Lease, Lessor shall, if requested by Lessee, use its commercially reasonable efforts to obtain a Non­Disturbance Agreement from the holder of any pre­existing Security Device which is secured by the Premises. In the event that Lessor is unable to provide the Non­Disturbance Agreement within said 60 days, then Lessee may, at Lessee's option, directly contact Lender and attempt to negotiate for the execution and delivery of a Non­Disturbance Agreement.

Appears in 1 contract

Samples: Guaranty of Lease (International Stem Cell CORP)

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