Common use of Priority of New Lease Clause in Contracts

Priority of New Lease. The new lease made pursuant to this Section 12.7 shall be prior to any mortgage or other lien, charge or encumbrance on County's fee interest in the Premises, and any future fee mortgagee or other future holder of any lien on the fee interest in the Premises is hereby given notice of the provisions hereof.

Priority of New Lease. The new lease made pursuant to this Section 12.7 Subsection 13.7.1 shall be prior to any mortgage or other lien, charge or encumbrance on County's ’s fee interest in the PremisesProperty first arising or attaching to the Property from and after the Effective Date, and any future fee mortgagee or other future holder of any lien on the fee interest in the Premises Property is hereby given notice of the provisions hereof.

Priority of New Lease. The new lease made pursuant to this Section 12.7 12.5 shall be prior to any mortgage or other lien, charge or encumbrance on County's fee interest in the Premises, and any future fee mortgagee or other future holder of any lien on the fee interest in the Premises is hereby given notice of the provisions hereof. County agrees to require each such fee encumbrance holder to confirm the same in writing (in form reasonably approved by each Encumbrance Holder or its title insurer).

Priority of New Lease. The new lease made pursuant to this Section 12.7 12.6 shall be prior to any mortgage or other lien, charge or encumbrance on CountyAuthority's fee interest in the Premises, and any future fee mortgagee or other future holder of any lien on the fee interest in the Premises is hereby given notice of the provisions hereof.