Recognition and Attornment. Lessor agrees within twenty (20) days after request of Xxxxxx to execute and deliver to Lessee for delivery to any sublessee of all or part of the Leased Premises a recognition agreement stating, in effect, in recordable form and otherwise in form reasonably satisfactory to Lessee, that it will not terminate the sublease or evict the sublessee, and will recognize the subcontractors's rights under the sublease and the rights of subcontractors's leasehold Mortgagee as if Lessor were the original sublessee, notwithstanding any default under and termination of this Agreement; provided, that there is no uncured event of default then existing under the sublease which entitles the Lessor thereunder immediately to terminate the sublease; and provided, further, that the sublessee has agreed in the sublease and, if requested, reconfirms in writing, at the time, its agreement to attorn to Lessor. Such recognition agreement shall require such subcontractors, at Xxxxxx's request, to enter into a direct Agreement with Lessor upon all of the terms of the sublease (but subject to the terms of this Section 23 and the recognition agreement). Any such recognition agreement shall provide at Xxxxxx's request that neither Lessor nor anyone claiming under Lessor shall be:
Appears in 3 contracts
Samples: Lease Agreement, Lease Agreement, Lease Agreement
Recognition and Attornment. Lessor agrees within twenty (20) days after request of Xxxxxx to execute and deliver to Lessee for delivery to any sublessee of all or part of the Leased Premises a recognition agreement stating, in effect, in recordable form and otherwise in form reasonably satisfactory to Lessee, that it will not terminate the sublease or evict the sublessee, and will recognize the subcontractors's rights under the sublease and the rights of subcontractors's leasehold Leasehold Mortgagee as if Lessor were the original sublessee, notwithstanding any default under and termination of this Agreement; provided, that there is no uncured event of default then existing under the sublease which entitles the Lessor thereunder immediately to terminate the sublease; and provided, further, that the sublessee has agreed in the sublease and, if requested, reconfirms in writing, at the time, its agreement to attorn to Lessor. Such recognition agreement shall require such subcontractors, at Xxxxxx's request, to enter into a direct Agreement with Lessor upon all of the terms of the sublease (but subject to the terms of this Section 23 Agreement and the recognition agreement). Any such recognition agreement shall provide at Xxxxxx's request that neither Lessor nor anyone claiming under Lessor shall be:
Appears in 2 contracts
Samples: system.suny.edu, system.suny.edu
Recognition and Attornment. Lessor agrees within twenty (20) days after request of Xxxxxx to execute and deliver to Lessee for delivery to any sublessee of all or part of the Leased Premises a recognition agreement stating, in effect, in recordable form and otherwise in form reasonably satisfactory to Lessee, that it will not terminate the sublease or evict the sublessee, and will recognize the subcontractors's rights under the sublease and the rights of subcontractors's leasehold Mortgagee as if Lessor were the original sublessee, notwithstanding any default under and termination of this Agreement; provided, that there is no uncured event of default then existing under the sublease which entitles the Lessor thereunder immediately to terminate the sublease; and provided, further, that the sublessee has agreed in the sublease and, if requested, reconfirms in writing, at the time, its agreement to attorn to Lessor. Such recognition agreement shall require such subcontractors, at Xxxxxx's request, to enter into a direct Agreement with Lessor upon all of the terms of the sublease (but subject to the terms of this Section 23 25 and the recognition agreement). Any such recognition agreement shall provide at Xxxxxx's request that neither Lessor nor anyone claiming under Lessor shall be:
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement