Common use of Rights of Successors Clause in Contracts

Rights of Successors. Subject to the applicable provisions of the SNDA with respect to the current First Mortgage, if any Mortgage is foreclosed, or Landlord’s interest under this Lease is conveyed or transferred in lieu of foreclosure, or if any Ground Lease is terminated: (i) No person or entity which as the result of any of the foregoing has succeeded to the interest of Landlord in this Lease (any such person or entity being hereafter called a “Successor”) shall be liable for any default by Landlord or any other matter which occurred prior to the date such Successor succeeded to Landlord’s interest in this Lease, nor shall such Successor be bound by or subject to any offsets or defenses which Tenant may have against Landlord or any other predecessor in interest to such Successor. (ii) Upon request of any Successor, Tenant will attorn to such Successor, as Landlord under this Lease, subject to the provisions of this Section 20(c) and Section 20(e), and will execute and deliver such instruments as may be necessary or appropriate to evidence such attornment within ten (10) days after receipt of a written request to do so. (iii) No Successor shall be bound to recognize any prepayment by more than thirty (30) days of Base Rent, Additional Rent or Additional Rent Estimate. (iv) No Successor shall be bound to recognize any amendment or modification of this Lease made without the written consent of the Mortgagee or Ground Lessor (as the case may be).

Rights of Successors. Subject to the applicable provisions of the SNDA with respect to the current First Mortgage, if If any Mortgage is foreclosed, or Landlord’s interest under this Lease is conveyed or transferred in lieu of foreclosure, or if any Ground Lease is terminated: (i) No person or entity which as the result of any of the foregoing has succeeded to the interest of Landlord in this Lease (any such person or entity being hereafter called a “Successor”) shall be liable for any default by Landlord or any other matter which occurred prior to the date such Successor succeeded to LandlordXxxxxxxx’s interest in this Lease, nor shall such Successor be bound by or subject to any offsets or defenses which Tenant may have against Landlord or any other predecessor in interest to such Successor, provided that Successor shall be liable for curing any default which remains ongoing. (ii) Upon request of any Successor, Tenant will attorn to such Successor, as Landlord under this Lease, subject to the provisions of this Section 20(c) and Section 20(e), and will execute and deliver such instruments as may be necessary or appropriate to evidence such attornment within ten (10) days after receipt of a written request to do so. (iii) No Successor shall be bound to recognize any prepayment by of more than thirty (30) days of Base one month’s Monthly Rent and Additional Rent, Additional Rent or Additional Rent Estimate. (iv) No Successor shall be bound to recognize any amendment or modification of this Lease made without the written consent of the Mortgagee or Ground Lessor (as the case may be)) to the extent such consent is required under the Mortgagee’s loan documents or the Ground Lessor’s lease, as applicable.

Rights of Successors. Subject to the applicable provisions of the SNDA with respect to the current First Mortgage, if If any Mortgage is foreclosed, or Landlord’s interest under this Lease lease is conveyed or transferred in lieu of foreclosure, or if any Ground Lease is terminated: (i) No person or entity which as the result of any of the foregoing has succeeded to the interest of Landlord in this Lease lease (any such person or entity being hereafter called a “Landlord Successor”) shall be liable for any default by Landlord or any other matter which occurred prior to the date such Landlord Successor succeeded to Landlord’s interest in this Leaselease, nor shall such Landlord Successor be bound by or subject to any offsets or defenses which Tenant may have against Landlord or any other predecessor in interest to such Landlord Successor. (ii) Upon request of any Landlord Successor, Tenant will attorn to such Landlord Successor, as Landlord under this Leaselease, subject to the provisions of this Section 20(c) and Section 20(e), and will execute and deliver such instruments as may be necessary or appropriate to evidence such attornment within ten (10) days after receipt of a written request to do so. (iii) No Landlord Successor shall be bound to recognize any prepayment by more than thirty (30) days of Base Rent, Additional Rent or Additional Rent EstimateRent. (iv) No Landlord Successor shall be bound to recognize any amendment or modification of this Lease lease made without the written consent of the Mortgagee or Ground Lessor (as the case may be).

Rights of Successors. Subject to the applicable provisions of the SNDA with respect to the current First Mortgage, if If any Mortgage is foreclosed, foreclosed or Landlord’s 's -------------------- interest under this Lease lease is conveyed or transferred in lieu of foreclosure, or if any Ground Lease is terminated: (i) No person or entity which as the result of any of the foregoing has succeeded to the interest of Landlord in this Lease lease (any such person or entity being hereafter called a “("Successor”") shall be liable for any default by Landlord or any other matter which occurred prior to the date such Successor succeeded to Landlord’s 's interest in this Leaselease, nor shall such Successor be bound by or subject to any offsets or defenses which Tenant may have against Landlord or any other predecessor in interest to such Successor. (ii) Upon request of any Successor, Tenant will attorn to such Successor, as Landlord under this Leaselease, subject to the provisions of this Section 20(c) and Section 20(e), and will execute and deliver such instruments as may be necessary or appropriate to evidence such attornment within ten (10) days after receipt of a written request to do so. (iii) No Successor shall be bound to recognize any prepayment by more than thirty (30) days of Base Rent, Additional Rent or Additional Rent EstimateRent. (iv) No Successor shall be bound to recognize any amendment or modification of this Lease made without the written consent of the Mortgagee or Ground Lessor (as the case may be).