RECOGNITION AND NON-DISTURBANCE Sample Clauses

RECOGNITION AND NON-DISTURBANCE. The Fee Mortgagee hereby agrees to be bound by all of the terms and conditions of the Lease and of the Landlord's Agreement, attached hereto as EXHIBIT B, in the event the Fee Mortgagee becomes the owner of Landlord's fee interest in the Premises by reason of foreclosure, deed in lieu of foreclosure or otherwise.
AutoNDA by SimpleDocs
RECOGNITION AND NON-DISTURBANCE. Ground Lessor hereby acknowledges the Stadium Lease, consents to the terms and provisions therein, and agrees to recognize the Stadium Lease as a validly existing Sublease as defined in and pursuant to the terms of the Ground Lease. Ground Lessor agrees that in the event of any action or proceeding to terminate the Ground Lease or to enforce any other rights or remedies of Ground Lessor under the Ground Lease which could cut-off, destroy, terminate or extinguish the Stadium Lease or StadiumCo’s interest and estate thereunder, StadiumCo’s leasehold estate and its other rights and privileges under the Stadium Lease, or any renewals or extensions thereof which may be effected in accordance with any option therefore which is contained in the Stadium Lease, shall not be terminated, diminished or interfered with by Ground Lessor and StadiumCo’s possession of the Premises shall not be disturbed by Ground Lessor.
RECOGNITION AND NON-DISTURBANCE. Prime Lessor hereby recognizes, agrees, and consents to the terms and provisions of the Silver Diner Lease and agrees that Silver Diner's rights and privileges under the Silver Diner Lease, and its possession of the Silver Diner Premises, shall not be terminated, diminished or interfered with by Prime Lessor in the exercise of any of Prime Lessor's rights under the Shopping Center Ground Lease or, notwithstanding anything to the contrary contained in the Shopping Center Ground Lease, as a result of the termination or the expiration by its terms of the Shopping Center Ground Lease. Prime Lessor agrees not to join Silver Diner as a party defendant in any action or proceeding terminating the Shopping Center Ground Lease unless such joinder is necessary to terminate the Shopping Center Ground Lease and then only for such purpose and not for the purpose of terminating the Silver Diner Lease.
RECOGNITION AND NON-DISTURBANCE. Sublessor shall use reasonable efforts to obtain a recognition or non-disturbance agreement from the Prime Lessor, any mortgagee of the Prime Lessor or Sublessor's leasehold mortgagee. EXECUTED UNDER SEAL as of the date and year first above written. Sublessor: CURIS, INC. By: /s/ illegible --------------------------- Its hereunto duly authorized Sublessee: MIMEON, INC. By: /s/ X.X. Xxxxxxxxx, Ph.D. --------------------------- Its hereunto duly authorized Prime Lessor executes this Sublease to acknowledge its consent thereto. XXXXXXX REALTY TRUST XXXXXXX REALTY CORPORATION By /s/ Xxxxx X. Xxxxxx /s/ Xxxxx X. Xxxxxx ---------------------------------- ------------------------------ Xxxxx X. Xxxxxx, Trustee Xxxxx X. Xxxxxx, Treasurer Its hereunto duly authorized Its hereunto duly authorized
RECOGNITION AND NON-DISTURBANCE. Section 3501. From time to time, at the request of Tenant or any subtenant, and after review and approval of any lease, oral or written, by Landlord's Corporation Counsel, Landlord shall execute and deliver to any subtenant an agreement (in form and substance satisfactory to Landlord's Corporation Counsel) whereby Landlord agrees that the use and occupancy of any such subtenant shall not be disturbed or interfered with by Landlord notwithstanding the termination of this Lease Agreement by reason of default of Tenant. The foregoing agreement shall not apply in the event the CDA shall become the tenant under this Agreement for a new lease. Subtenants will attorn to the Landlord or CDA with respect to such subtenant's sublease, but without thereby assuming liability for any defaults of Tenant with respect hereto, provided however that any default by Tenant under the First Source Agreement (together with the "Work for Tomorrow" Program) shall give Landlord only the remedies provided for therein, and in no event shall any default under such Agreement or this Article be deemed to be a default under this Lease or give rise to any right in Landlord to terminate this Lease.
RECOGNITION AND NON-DISTURBANCE. The Owner agrees that so long as the Tenant is not in default under the Lease beyond any applicable cure period:

Related to RECOGNITION AND NON-DISTURBANCE

  • SUBORDINATION AND NON-DISTURBANCE At the request from time to time by one or more holders of a mortgage or deed of trust that may hereafter be placed by Lessor upon the Leased Property or any part thereof, and any and all renewals, replacements, modifications, consolidations, spreaders and extensions thereof, within thirty (30) days from the date of request, Lessee shall execute and deliver and shall have all subtenants or sublessees of the Leased Property execute and deliver, to such holders a written agreement in a form reasonably acceptable to such holder whereby Lessee and such subtenants and sublessees subordinate this Lease and all of their rights and estate hereunder to each such mortgage or deed of trust that encumbers the Leased Property or any part thereof and agree with each such holder that Lessee and such subtenants and sublessees will attorn to and recognize such holder or the purchaser at any foreclosure sale or any sale under a power of sale contained in any such mortgage or deed of trust, as the case may be, as Lessor under this Lease for the balance of the Term then remaining, subject to all of the terms and provisions of this Lease; provided, however, that each such holder simultaneously executes and delivers a written agreement (a) consenting to this Lease and agreeing that, notwithstanding any such other mortgage, deed of trust, right, title or interest, or any default, expiration, termination, foreclosure, sale, entry or other act or omission under, pursuant to or affecting any of the foregoing, Lessee and such subtenants and sublessees shall not be disturbed in peaceful enjoyment of the Leased Property or the subleased property (as applicable) nor shall this Lease (nor the applicable subleases) be terminated or canceled at any time, except in the event Lessee or such applicable subtenant or sublessee is in default under this Lease or any of the Other Leases, Lessor shall have the right to terminate this Lease or the applicable subleases under the terms and provisions expressly set forth herein; (b) agreeing that for any period while it is Lessor hereunder, it will perform, fulfill and observe all of Lessor's representations, warranties and agreements set forth herein or therein; and (c) agreeing, unless otherwise expressly provided in the mortgage or deed of trust, that all proceeds of the casualty insurance described in Article XIV of this Lease and all Awards described in Article XV will be made available for restoration of the Leased Property as and to the extent required by this Lease, subject only to reasonable regulation regarding the disbursement and application thereof.

  • Non-Disturbance With respect to Security Devices entered into by Lessor after the execution of this Lease, Lessee's subordination of this Lease shall be subject to receiving assurance (a "non-disturbance agreement") from the Lender that Lessee's possession 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.

  • SUBORDINATION, ATTORNMENT AND NON-DISTURBANCE At the request from time to time by one or more holders of an Encumbrance that may hereafter be placed upon the Leased Property or any part thereof, and any and all renewals, replacements, modifications, consolidations, spreaders and extensions thereof, Lessee will subordinate this Lease and all of Lessee's rights and estate hereunder to each such Encumbrance and will attorn to and recognize such holder (or the purchaser at any foreclosure sale or any sale under a power of sale contained in any such Encumbrance or a holder by a deed in lieu of foreclosure, as the case may be) as Lessor under this Lease for the balance of the Term then remaining, subject to all of the terms and provisions of this Lease; provided that each such institutional holder simultaneously with or prior to recording any such Encumbrance executes and delivers a written agreement in recordable form (a) consenting to this Lease and agreeing that, notwithstanding any such other lease, mortgage, deed of trust, right, title or interest, or any default, expiration, termination, foreclosure, sale, entry or other act or omission under, pursuant to or affecting any of the foregoing, Lessee shall not be disturbed in peaceful enjoyment of the Leased Property nor shall this Lease be terminated or canceled at any time, except in the event Lessor shall have the right to terminate this Lease under the terms and provisions expressly set forth herein; (b) agreeing that it will be bound by all the terms of this Lease, perform and observe all of Lessor's obligations set forth herein; and (c) agreeing that all proceeds of the casualty insurance described in Article 13 of this Lease and all Awards described in Article 14 will be made available to Lessor for restoration of the Leased Property as and to the extent required by this Lease, subject only to reasonable regulation regarding the manner of disbursement and application thereof. Lessee agrees to execute and deliver to Lessor or the holder of an Encumbrance any written agreement required by this Article within ten days of written request thereof by Lessor or such holder of an Encumbrance. Lessee agrees to execute from time to time, at the request of Lessor, an institutional investor of Lessor's or a Facility Mortgagee, a certificate setting forth any defaults of Lessor hereunder and the dates through which Rent has been paid and such other matters as may be reasonably requested.

  • Non-Disturbance Agreements Lender shall enter into, and, if required by applicable law to provide constructive notice or requested by a Tenant, record in the county where the subject Property is located, a subordination, attornment and non-disturbance agreement, substantially in form and substance substantially similar to the form attached hereto as Exhibit K (a “Non-Disturbance Agreement”), with any Tenant (other than an Affiliate of Borrower) entering into a New Lease permitted hereunder or otherwise consented to by Lender within ten (10) Business Days after written request therefor by Borrower, provided that, such request is accompanied by an Officer’s Certificate stating that such Lease complies in all material respects with this Section 8.7. All reasonable third party costs and expenses incurred by Lender in connection with the negotiation, preparation, execution and delivery of any Non-Disturbance Agreement, including, without limitation, reasonable attorneys’ fees and disbursements, shall be paid by Borrower (in advance, if requested by Lender).

  • SUBORDINATION, NON-DISTURBANCE AND ATTORNMENT AGREEMENT Simultaneously upon Tenant's execution of this Lease, Tenant shall execute a Subordination, Non-Disturbance and Attornment Agreement in the form attached hereto as EXHIBIT J. Landlord shall return a fully executed Subordination, Non-Disturbance and Attornment Agreement in the form attached hereto as EXHIBIT J executed by Landlord and the Lender named therein, in recordable form, to Tenant as soon as reasonably possible but not later than ninety (90) days after the date of this Lease. Landlord shall use reasonable efforts (which efforts shall not require the expenditure of funds or the threat (or commencement) of litigation) to obtain a so-called "nondisturbance agreement" from any future Landlord's Mortgagee in the form attached hereto as EXHIBIT J or another form reasonably acceptable to Tenant and such Landlord's Mortgagee or other institutional lenders (either the form attached hereto as EXHIBIT J or such other reasonably acceptable form being herein referred to as the "NON-DISTURBANCE AGREEMENT"). Notwithstanding any other provision of this Lease, the subordination of this Lease to any Mortgage under Section 12.(a) and the Attornment of Tenant to any future Landlord Mortgagee under Section 12.(b) shall be conditioned upon such future Landlord's Mortgagee's execution and delivery of a Non-Disturbance Agreement.

  • Non-Use and Non-Disclosure Each Party acknowledges and agrees that all the other Party’s Confidential Information is confidential and proprietary to the disclosing Party. Each Party shall not use or disclose to any third party the other Party’s Confidential Information for any purpose other than as permitted or required hereunder. Each Party shall take the same reasonable measures necessary to prevent any disclosure by its employees, agents, contractors, or consultants of the other Party’s Confidential Information as it applies to the protection of its own Confidential Information.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!