Common use of Recognition and Attornment Clause in Contracts

Recognition and Attornment. Upon Successor Landlord taking title to the Property (i) Successor Landlord shall be bound to Tenant under all the terms and conditions of the Lease (except as provided in this Agreement); (ii) Tenant shall recognize and attorn to Successor Landlord as Tenant’s direct landlord under the Lease as affected by this Agreement; and (iii) the Lease shall continue in full force and effect as a direct lease, in accordance with its terms (except as provided in this Agreement), between Successor Landlord and Tenant. Tenant hereby acknowledges that, pursuant to the Mortgage and assignment of rents, leases and profits, Landlord has granted to Mortgagee an absolute, present assignment of the Lease and Rents which provides that Tenant continue making payments of Rents and other amounts owed by Tenant under the Lease to Landlord and to recognize the rights of Landlord under the Lease until notified otherwise in writing by Mortgagee. After receipt of such notice from Mortgagee, Tenant shall thereafter make all such payments directly to Mortgagee or as Mortgagee may otherwise direct, without any further inquiry on the part of Tenant. Landlord specifically agrees that Tenant may EXHIBIT C MASTER LAND AND BUILDING LEASE conclusively rely upon any written notice Tenant receives from Mortgagee notwithstanding any claim by Landlord contesting the validity of any term or condition of such notice, including, but not limited to, any default claimed by Mortgagee, and that Landlord shall not make any claim of any kind whatsoever against Tenant or Tenant’s leasehold interest with respect to any amounts paid to Mortgagee by Tenant or any acts performed by Tenant, pursuant to such written notice, and such amounts paid to Mortgagee shall be credited to amounts due under the Lease as if such amounts were paid directly to Landlord.

Recognition and Attornment. Upon Successor Landlord taking title If Lender succeeds to the Property (i) Successor interest of Landlord shall be bound to Tenant under all the terms and conditions of Lease, the Lease (except as provided in this Agreement); (ii) and all terms therein and the rights of Tenant shall recognize and attorn to Successor Landlord as Tenant’s direct landlord under the Lease as affected by this Agreement; and (iii) the Lease thereunder shall continue in full force and effect as a direct leaseand shall not be altered, in accordance with its terms (except as provided in this Agreement)terminated, between Successor Landlord and Tenantdisaffirmed or disturbed. Tenant hereby acknowledges thatand Lender shall be bound to each other under all of the terms, pursuant to the Mortgage covenants, and assignment of rents, leases and profits, Landlord has granted to Mortgagee an absolute, present assignment conditions of the Lease for the balance of the term of the Lease with the same force and Rents which provides effect as if Lender were the landlord under the Lease. In such event, Tenant shall attorn to Lender as its landlord immediately upon Lender succeeding to the interest of Landlord under the Lease, and providing Tenant with written notice thereof. Such attornment shall be effective and self-operative without the execution of any other instruments on the part of Lender or Tenant. However, Tenant shall be under no obligation to pay any monetary obligation or perform any other duty set forth in the Lease to Lender unless and until Tenant receives written notice from Lender that Lender has succeeded to the interest and assumed the future obligations of Landlord under the Lease. Upon receipt by Tenant continue making of such notice from Lender, Tenant shall make all payments of Rents and other amounts owed due by Tenant under the Lease to Landlord and to recognize the rights of Landlord under the Lease until notified otherwise Lender or as Lender may in writing by Mortgagee. After receipt of such notice from Mortgagee, direct and Tenant shall thereafter make all such payments directly to Mortgagee or as Mortgagee may otherwise direct, without be relieved from any further inquiry on the part of Tenant. Landlord specifically agrees that Tenant may EXHIBIT C MASTER LAND AND BUILDING LEASE conclusively rely upon any written notice Tenant receives from Mortgagee notwithstanding any claim by Landlord contesting the validity of any term or condition of such notice, including, but not limited to, any default claimed by Mortgagee, and that Landlord shall not make any claim of any kind whatsoever against Tenant or Tenant’s leasehold interest with respect obligations to any amounts paid to Mortgagee by Tenant remit rental or any acts performed by Tenantother monetary sum to Landlord. The respective rights and obligations of Tenant and Lender upon such attornment, pursuant to such written noticethe extent of the then remaining balance of the Term, and such amounts paid to Mortgagee shall be credited to amounts due under and are the same as are then set forth in the Lease as if such amounts were paid directly to between Tenant and Landlord.

Recognition and Attornment. Upon Successor Landlord taking title If Xxxxxx succeeds to the Property (i) Successor interest of Landlord shall be bound to Tenant under all the terms and conditions of Lease, the Lease (except as provided in this Agreement); (ii) and all terms therein and the rights of Tenant shall recognize and attorn to Successor Landlord as Tenant’s direct landlord under the Lease as affected by this Agreement; and (iii) the Lease thereunder shall continue in full force and effect as a direct leaseand shall not be altered, in accordance with its terms (except as provided in this Agreement)terminated, between Successor Landlord and Tenantdisaffirmed or disturbed. Tenant hereby acknowledges thatand Lender shall be bound to each other under all of the terms, pursuant to the Mortgage covenants and assignment of rents, leases and profits, Landlord has granted to Mortgagee an absolute, present assignment conditions of the Lease for the balance of the term thereof (including all renewal terms, the “Term”) with the same force and Rents which provides effect as if Lender were the landlord under the Lease. In such event, Tenant shall attorn to Lender as its landlord immediately upon receipt of written notice from Xxxxxx that Xxxxxx has succeeded to the interest and assumed the future obligations of Landlord under the Lease. Such attornment shall be effective and self-operative without the execution of any other instruments on the part of Lender or Tenant. Upon receipt by Tenant continue making of such notice from Lender, Tenant shall make all payments of Rents and other amounts owed due by Tenant under the Lease to Landlord and to recognize the rights of Landlord under the Lease until notified otherwise Lender or as Lender may in writing by Mortgagee. After receipt of such notice from Mortgagee, direct and Tenant shall thereafter make all such payments directly to Mortgagee or as Mortgagee may otherwise direct, without be relieved from any further inquiry on the part of Tenant. Landlord specifically agrees that Tenant may EXHIBIT C MASTER LAND AND BUILDING LEASE conclusively rely upon any written notice Tenant receives from Mortgagee notwithstanding any claim by Landlord contesting the validity of any term or condition of such notice, including, but not limited to, any default claimed by Mortgagee, and that Landlord shall not make any claim of any kind whatsoever against Tenant or Tenant’s leasehold interest with respect obligations to any amounts paid to Mortgagee by Tenant remit rental or any acts performed by Tenantother monetary sum to Landlord. The respective rights and obligations of Tenant and Lender upon such attornment, pursuant to such written noticethe extent of the then-remaining balance of the Term, and such amounts paid to Mortgagee shall be credited to amounts due under and are the same as are then set forth in the Lease as if such amounts were paid directly to between Tenant and Landlord.

Recognition and Attornment. Upon Successor Landlord taking title to the Property (i) Successor Landlord shall be bound to Tenant under all the terms and conditions of the Lease (except as provided in this Agreement); (ii) Tenant shall recognize and attorn to Successor Landlord as Tenant’s direct landlord under the Lease as affected by this Agreement; and (iii) the Lease shall continue in full force and effect as a direct lease, in accordance with its terms (except as provided in this Agreement), between Successor Landlord and Tenant. Tenant hereby acknowledges that, pursuant to the Mortgage and assignment of rents, leases and profits, Landlord has granted to Mortgagee an absolute, present assignment of the Lease and Rents which provides that Tenant continue making payments of Rents and other amounts owed by Tenant under the Lease to Landlord and to recognize the rights of Landlord under the Lease until notified otherwise in writing by Mortgagee. After receipt of such notice from Mortgagee, Tenant shall thereafter make all such payments directly to Mortgagee or as Mortgagee may otherwise direct, without any further inquiry on the part of Tenant. Landlord specifically agrees that Tenant may EXHIBIT C MASTER LAND AND BUILDING LEASE conclusively rely upon any written notice Tenant receives from Mortgagee notwithstanding any claim by Landlord contesting the validity of any term or condition of such notice, including, but not limited to, any default claimed by Mortgagee, and that Landlord EXHIBIT C A&R MASTER LAND AND BUILDING LEASE ACTIVE 230595713 shall not make any claim of any kind whatsoever against Tenant or Tenant’s leasehold interest with respect to any amounts paid to Mortgagee by Tenant or any acts performed by Tenant, pursuant to such written notice, and such amounts paid to Mortgagee shall be credited to amounts due under the Lease as if such amounts were paid directly to Landlord.

Recognition and Attornment. Upon Successor Landlord taking title If Lender or any Purchaser succeeds to the Property (i) Successor interest of Landlord under the Lease and all terms therein, and the rights of Tenant thereunder, the Lease shall continue in effect, shall not be altered, terminated, or disturbed, and Tenant shall be bound to Tenant Lender or such Purchaser under all of the terms terms, covenants and conditions of the Lease for the balance of the term of the Lease as specified in the Lease (except the “Term”), with the same force and effect as provided in this Agreement); (ii) Tenant shall recognize and attorn to Successor Landlord as Tenant’s direct if Lender or such Purchaser were the landlord under the Lease except that, notwithstanding anything to the contrary herein or in the Lease, the provisions of the Mortgage will govern with respect to the disposition of proceeds of insurance policies or condemnation or eminent domain awards. In such event, Tenant shall attorn to Lender or such Purchaser as affected by this Agreement; its landlord, such attornment to be effective and (iii) self-operative without the execution of any other instruments on the part of Lender, such Purchaser or Tenant, immediately upon Lender or such Purchaser succeeding to the interest of Landlord under the Lease. Provided, however, Tenant shall be under no obligation to pay any monetary obligation set forth in the Lease shall continue in full force and effect as a direct lease, in accordance with its terms (except as provided in this Agreement), between Successor Landlord and Tenant. to Lender or such Purchaser until Tenant hereby acknowledges that, pursuant receives written notice from Lender or such Purchaser that Lender has succeeded to the Mortgage and assignment interest of rentsLandlord under the Lease. Upon receipt by Tenant of such notice from Lender or such Purchaser, leases and profits, Landlord has granted to Mortgagee an absolute, present assignment of the Lease and Rents which provides that Tenant continue making shall make all payments of Rents and other amounts owed due by Tenant under the Lease to Landlord and to recognize the rights of Landlord under the Lease until notified otherwise Lender or such Purchaser or as Lender or such Purchaser may in writing by Mortgageedirect. After receipt The respective rights and obligations of Tenant and Lender or such notice from MortgageePurchaser upon such attornment, Tenant shall thereafter make all such payments directly to Mortgagee or as Mortgagee may otherwise directthe extent of the then remaining balance of the Term, without any further inquiry on the part of Tenant. Landlord specifically agrees that Tenant may EXHIBIT C MASTER LAND AND BUILDING LEASE conclusively rely upon any written notice Tenant receives from Mortgagee notwithstanding any claim by Landlord contesting the validity of any term or condition of such notice, including, but not limited to, any default claimed by Mortgagee, and that Landlord shall not make any claim of any kind whatsoever against Tenant or Tenant’s leasehold interest with respect to any amounts paid to Mortgagee by Tenant or any acts performed by Tenant, pursuant to such written notice, and such amounts paid to Mortgagee shall be credited to amounts due under and are the Lease same as if such amounts were paid directly to Landlordare then in existence, as set forth in the Lease.

Recognition and Attornment. Upon Successor Landlord taking title to the Property (i) Successor Landlord shall be bound to Tenant under all the terms and conditions of the Lease (except as provided in this Agreement); (ii) Tenant shall recognize and attorn to Successor Landlord as Tenant’s direct landlord under the Lease as affected by this Agreement; and (iii) the Lease shall continue in full force and effect as a direct lease, in accordance with its terms (except as provided in this Agreement), between Successor Landlord and Tenant. Tenant hereby acknowledges that, that pursuant to the Mortgage and assignment of rents, leases and profits, Landlord has granted to the Mortgagee an absolute, present assignment of the Lease and Rents which provides that Tenant continue making payments of Rents and other amounts owed by Tenant under the Lease to the Landlord and to recognize the rights of Landlord under the Lease until notified otherwise in writing by the Mortgagee. After receipt of such notice from Mortgagee, the Tenant shall thereafter make all such payments directly to the Mortgagee or as the Mortgagee may otherwise direct, without any further inquiry on the part of the Tenant. Landlord MASTER LAND AND BUILDING LEASE EXHIBIT B specifically agrees that Tenant may EXHIBIT C MASTER LAND AND BUILDING LEASE conclusively rely upon any written notice Tenant receives from Mortgagee notwithstanding any claim by Landlord contesting the validity of any term or condition of such notice, including, but not limited to, any default claimed by Mortgagee, and that Landlord shall not make any claim of any kind whatsoever against Tenant or Tenant’s leasehold interest with respect to any amounts paid to Mortgagee by Tenant or any acts performed by Tenant, Tenant pursuant to such written notice, notice and such amounts paid to Mortgagee shall be credited to amounts due under the Lease as if such amounts were paid directly to Landlord.

Recognition and Attornment. Upon Successor Landlord taking title If Lender succeeds to the Property (i) Successor interest of Landlord under the Lease and all terms therein, and the rights of Tenant thereunder, the Lease shall continue in effect, shall not be altered, terminated, or disturbed, and Tenant shall be bound to Tenant Lender under all of the terms terms, covenants and conditions of the Lease for the balance of the term of the Lease as specified in the Lease (except the "Term"), with the same force and effect as provided in this Agreement); (ii) Tenant shall recognize and attorn to Successor Landlord as Tenant’s direct if Lender were the landlord under the Lease except that, notwithstanding anything to the contrary herein or in the Lease, the provisions of the Mortgage will govern with respect to the disposition of proceeds of insurance policies or condemnation or eminent domain awards. In such event, Tenant shall attorn to Lender as affected by this Agreement; its landlord, such attornment to be effective and (iii) self-operative without the execution of any other instruments on the part of Lender or Tenant, immediately upon Lender succeeding to the interest of Landlord under the Lease. Provided, however, Tenant shall be under no obligation to pay any monetary obligation set forth in the Lease shall continue in full force and effect as a direct lease, in accordance with its terms (except as provided in this Agreement), between Successor Landlord and Tenant. to Lender until Tenant hereby acknowledges that, pursuant receives written notice from Lender that Lender has succeeded to the Mortgage and assignment interest of rentsLandlord under the Lease. Upon receipt by Tenant of such notice from Lender, leases and profits, Landlord has granted to Mortgagee an absolute, present assignment of the Lease and Rents which provides that Tenant continue making shall make all payments of Rents and other amounts owed due by Tenant under the Lease to Landlord and to recognize the rights of Landlord under the Lease until notified otherwise Lender or as Lender may in writing by Mortgageedirect. After receipt The respective rights and obligations of Tenant and Lender upon such notice from Mortgageeattornment, Tenant shall thereafter make all such payments directly to Mortgagee or as Mortgagee may otherwise directthe extent of the then remaining balance of the Term, without any further inquiry on the part of Tenant. Landlord specifically agrees that Tenant may EXHIBIT C MASTER LAND AND BUILDING LEASE conclusively rely upon any written notice Tenant receives from Mortgagee notwithstanding any claim by Landlord contesting the validity of any term or condition of such notice, including, but not limited to, any default claimed by Mortgagee, and that Landlord shall not make any claim of any kind whatsoever against Tenant or Tenant’s leasehold interest with respect to any amounts paid to Mortgagee by Tenant or any acts performed by Tenant, pursuant to such written notice, and such amounts paid to Mortgagee shall be credited to amounts due under and are the Lease same as if such amounts were paid directly to Landlordare then in existence, as set forth in the Lease.

Recognition and Attornment. Upon Successor Landlord taking title If Lender succeeds to the interest of Lessor in and to the Property (i) Successor Landlord shall be bound to Tenant or under all the terms and conditions of Lease,the Lease (except as provided in this Agreement); (ii) Tenant shall recognize and attorn to Successor Landlord as Tenant’s direct landlord under all terms therein,and the Lease as affected by this Agreement; and (iii) the Lease rights of Lessee thereunder,shall continue in full force and effect as a direct leaseand shall not be altered,terminated or disturbed, in accordance with its terms (except as provided in this Agreement)and Lessee shall be bound to Lender under all of the terms, between Successor Landlord covenants and Tenant. Tenant hereby acknowledges that, pursuant to the Mortgage and assignment of rents, leases and profits, Landlord has granted to Mortgagee an absolute, present assignment conditions of the Lease for the balance of the lease term thereof with the same force and Rents which provides effect as if Lender were the Lessor under the Lease. In such event,Lessee shall.attorn to Lender as its Lessor,such attornment to be effective and self-operative without the execution of any other instruments on the part of Lender or Lessee, immediately upon Lender succeeding to the interest of Lessor under the Lease. Provided,however,Lessee shall be under no obligation to pay any monetary obligation set forth in the Lease to Lender until Lessee receives written. notice from Lender that Tenant continue making either Lender has succeeded to the interest of the Lessor in and to the Property or under the Lease, or Lender has posted the Property for foreclosure, with such notice being sent to Lessee postage prepaid, certified mail, return receipt requested at Lessee's address as shown in the Lease. Upon receipt by Lessee of such notice from Lender, Lessee shall make all payments of Rents and other amounts owed monetary obligations due by Tenant Lessee under the Lease to Landlord and to recognize the rights of Landlord under the Lease until notified otherwise Lender or as Lender may in writing by Mortgageedirect. After receipt The respective rights and obligations of Lessee and Lender upon such notice from Mortgageeattornment, Tenant shall thereafter make all such payments directly to Mortgagee or as Mortgagee may otherwise directthe extent of the then remaining balance of the lease term of the Lease, without any further inquiry on the part of Tenant. Landlord specifically agrees that Tenant may EXHIBIT C MASTER LAND AND BUILDING LEASE conclusively rely upon any written notice Tenant receives from Mortgagee notwithstanding any claim by Landlord contesting the validity of any term or condition of such notice, including, but not limited to, any default claimed by Mortgagee, and that Landlord shall not make any claim of any kind whatsoever against Tenant or Tenant’s leasehold interest with respect to any amounts paid to Mortgagee by Tenant or any acts performed by Tenant, pursuant to such written notice, and such amounts paid to Mortgagee shall be credited to amounts due under and are the Lease same as if such amounts were paid directly to Landlordare then in existence between Lessee and Lessor as set forth in the Lease. (00:30750.3 4.

Recognition and Attornment. Upon Successor Landlord taking title If Xxxxxx succeeds to the Property (i) Successor interest of Landlord shall be bound to Tenant under all the terms and conditions of Lease, the Lease (except as provided in this Agreement); (ii) and all terms therein and the rights of Tenant shall recognize and attorn to Successor Landlord as Tenant’s direct landlord under the Lease as affected by this Agreement; and (iii) the Lease thereunder shall continue in full force and effect as a direct leaseand shall not be altered, in accordance with its terms (except as provided in this Agreement)terminated, between Successor Landlord and Tenantdisaffirmed or disturbed. Tenant hereby acknowledges thatand Lender shall be bound to each other under all of the terms, pursuant to the Mortgage covenants, and assignment of rents, leases and profits, Landlord has granted to Mortgagee an absolute, present assignment conditions of the Lease for the balance of the term of the Lease with the same force and Rents which provides effect as if Lender were the landlord under the Lease. In such event, Tenant shall attorn to Lender as its landlord immediately upon Xxxxxx succeeding to the interest of Landlord under the Lease, and providing Tenant with written notice thereof. Such attornment shall be effective and self-operative without the execution of any other instruments on the part of Lender or Tenant. However, Tenant shall be under no obligation to pay any monetary obligation or perform any other duty set forth in the Lease to Lender unless and until Xxxxxx receives written notice from Xxxxxx that Xxxxxx has succeeded to the interest and assumed the future obligations of Landlord under the Lease. Upon receipt by Tenant continue making of such notice from Lender, Tenant shall make all payments of Rents and other amounts owed due by Tenant under the Lease to Landlord and to recognize the rights of Landlord under the Lease until notified otherwise Lender or as Lender may in writing by Mortgagee. After receipt of such notice from Mortgagee, direct and Tenant shall thereafter make all such payments directly to Mortgagee or as Mortgagee may otherwise direct, without be relieved from any further inquiry on the part of Tenant. Landlord specifically agrees that Tenant may EXHIBIT C MASTER LAND AND BUILDING LEASE conclusively rely upon any written notice Tenant receives from Mortgagee notwithstanding any claim by Landlord contesting the validity of any term or condition of such notice, including, but not limited to, any default claimed by Mortgagee, and that Landlord shall not make any claim of any kind whatsoever against Tenant or Tenant’s leasehold interest with respect obligations to any amounts paid to Mortgagee by Tenant remit rental or any acts performed by Tenantother monetary sum to Landlord. The respective rights and obligations of Tenant and Lender upon such attornment, pursuant to such written noticethe extent of the then remaining balance of the Term, and such amounts paid to Mortgagee shall be credited to amounts due under and are the same as are then set forth in the Lease as if such amounts were paid directly to between Tenant and Landlord.

Recognition and Attornment. Upon Successor Landlord taking title to the Property (i) Successor Landlord shall be bound to Tenant under all the terms and conditions of the Lease (except as provided in this Agreement); (ii) Tenant shall recognize and attorn to Successor Landlord as Tenant’s direct landlord under the Lease as affected by this Agreement; and (iii) the Lease shall continue in full force and effect as a direct lease, in accordance with its terms (except as provided in this Agreement), between Successor Landlord and Tenant. Tenant hereby acknowledges that, that pursuant to the Mortgage and assignment of rents, leases and profits, Landlord has granted to the Mortgagee an absolute, present assignment of the Lease and Rents which provides that Tenant continue making payments of Rents and other amounts owed by Tenant under the Lease to the Landlord and to recognize the rights of Landlord under the Lease until notified otherwise in writing by the Mortgagee. After receipt of such notice from Mortgagee, the Tenant shall thereafter make all such payments directly to the Mortgagee or as the Mortgagee may otherwise direct, without any further inquiry on the part of the Tenant. Landlord EXHIBIT B MASTER LAND AND BUILDING LEASE (Pool 3) specifically agrees that Tenant may EXHIBIT C MASTER LAND AND BUILDING LEASE conclusively rely upon any written notice Tenant receives from Mortgagee notwithstanding any claim by Landlord contesting the validity of any term or condition of such notice, including, but not limited to, any default claimed by Mortgagee, and that Landlord shall not make any claim of any kind whatsoever against Tenant or Tenant’s leasehold interest with respect to any amounts paid to Mortgagee by Tenant or any acts performed by Tenant, Tenant pursuant to such written notice, notice and such amounts paid to Mortgagee shall be credited to amounts due under the Lease as if such amounts were paid directly to Landlord.

Recognition and Attornment. Upon Successor Landlord taking title to the Property (i) Successor Landlord shall be bound to Tenant under all the terms and conditions of the Lease (except as provided in this Agreement); (ii) Tenant shall recognize and attorn to Successor Landlord as Tenant’s direct landlord under the Lease as affected by this Agreement; and (iii) the Lease shall continue in full force and effect as a direct lease, in accordance with its terms (except as provided in this Agreement), between Successor Landlord and Tenant. Tenant hereby acknowledges that, that pursuant to the Mortgage and assignment of rents, leases and profits, Landlord has granted to the Mortgagee an absolute, present assignment of the Lease and Rents which provides that Tenant continue making payments of Rents and other amounts owed by Tenant under the Lease to the Landlord and to recognize the rights of Landlord under the Lease until notified otherwise in writing by the Mortgagee. After receipt of such notice from Mortgagee, the Tenant shall thereafter make all such payments directly to the Mortgagee or as the Mortgagee may otherwise direct, without any further inquiry on the part of the Tenant. Landlord MASTER LAND AND BUILDING LEASE (Pool 1) EXHIBIT B specifically agrees that Tenant may EXHIBIT C MASTER LAND AND BUILDING LEASE conclusively rely upon any written notice Tenant receives from Mortgagee notwithstanding any claim by Landlord contesting the validity of any term or condition of such notice, including, but not limited to, any default claimed by Mortgagee, and that Landlord shall not make any claim of any kind whatsoever against Tenant or Tenant’s leasehold interest with respect to any amounts paid to Mortgagee by Tenant or any acts performed by Tenant, Tenant pursuant to such written notice, notice and such amounts paid to Mortgagee shall be credited to amounts due under the Lease as if such amounts were paid directly to Landlord.