Common use of Rights and Obligations of Permitted Mortgagees Clause in Contracts

Rights and Obligations of Permitted Mortgagees. If Master Xxxxxx, or Master Xxxxxx’s successors or assigns, shall mortgage this Lease in compliance with the provisions of this Section 15, then, so long as any such Permitted Mortgage shall remain unsatisfied of record, the following provisions shall apply:

Appears in 2 contracts

Samples: Master Lease, Master Lease

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Rights and Obligations of Permitted Mortgagees. If Master XxxxxxTenant, or Master XxxxxxTenant’s successors or assigns, shall mortgage this Lease in compliance with the provisions of this Section 15, then, so long as any such Permitted Mortgage shall remain unsatisfied of record, the following provisions shall apply:

Appears in 2 contracts

Samples: Master Lease, Master Lease

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