SNDA Agreements Sample Clauses

SNDA Agreements. The Borrower will distribute and use commercially reasonable efforts to obtain the SNDA Agreements duly executed by each tenant under a Major Lease.
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
SNDA Agreements. 7.13 Schedule 13E-3 .....................................................................7.1 SEC.................................................................................4.3 Second McREMI Allocated Value.......................................................1.3
Sample 1Sample 2
SNDA Agreements. On or before 5:00 p.m. on April 5, 2010 (the “Wachovia SNDA Period”), Landlord shall obtain a subordination, non-disturbance and attornment agreement from the current mortgagee of the Project, Wachovia Bank, National Association (“Wachovia”), on Wachovia’s current standard form of Subordination, Non-Disturbance and Attornment Agreement with commercially reasonable changes provided by Tenant (the “Wachovia SNDA”), with Landlord and Tenant agreeing to reasonably cooperate with each other in reaching mutual agreement on the Wachovia SNDA. In the event that Landlord is not able to obtain the Wachovia SNDA within the Wachovia SNDA Period then Tenant’s sole and exclusive remedy at law and/or equity shall be to terminate this Amendment by providing written notice (the “Wachovia SNDA Termination Notice”) to Landlord on or before 5:00 p.m. on April 9, 2010 (the “Wachovia SNDA Termination Period”). In the event Tenant fails to timely deliver the Wachovia SNDA Termination Notice within the Wachovia SNDA Termination Period then Tenant shall have waived its termination right with respect to Landlord’s failure to deliver the Wachovia SNDA and the Lease as modified by this Amendment shall continue in full force and effect. In the event Tenant timely provides the Wachovia SNDA Termination Notice then only this Amendment shall terminate as if the Amendment were never executed including but not limited to the termination of Tenant’s rights with respect to the Free Basic Rent and Rent Credit under Section 3, Tenant Improvement Allowance under Section 4 and return of the Letter of Credit (as defined below) and inability to draw under the Letter of Credit under Section 6 and terms and conditions of the Lease that existed immediately prior to the execution of the Amendment shall be reinstated and continue in full force and effect. Notwithstanding any of the foregoing provisions, Tenant shall continue to be obligated to pay Basic Rent, Additional Rent and any other costs and charges due under the Lease until the Wachovia SNDA Termination Notice is delivered to Landlord, if ever. In addition, Landlord agrees to use commercially reasonable efforts for a period of thirty (30) days from Tenant’s request to obtain a non-disturbance, subordination and attornment agreement from all future lenders (“Future Lenders”) of the Property on such future lenders current standard form of non-disturbance, subordination and attornment agreement with commercially reasonable changes provided by Tena...
Sample 1Sample 2
SNDA Agreements. Lender agrees that, at the request of any Tenant under a Lease arising after the date hereof and approved by Prudential (but not a lease “deemed approved” by Prudential), Lender shall enter into subordination, non-disturbance and attornment agreement substantially in the form attached hereto as Exhibit E.
Sample 1
SNDA Agreements. Seller will furnish to, and request that each tenant execute a subordination, attornment and non-disturbance agreement (“SNDA Agreement”) in form substantially in accordance with Exhibit K attached hereto or as such form may be modified pursuant to the terms of any tenant’s lease and shall reasonably cooperate with Purchaser in obtaining the delivery of executed SNDA Agreements from the tenants. Purchaser shall be responsible for negotiating the terms of the SNDA Agreements should any of the tenants have comments thereto. The execution and delivery of any SNDA Agreements shall not be condition precedent to Closing.
Sample 1
SNDA Agreements. Each SNDA Agreement obtained by the Borrower pursuant to Section 6.11;
Sample 1

Related to SNDA Agreements

  • 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).

  • License Agreements (a) Each Borrower and Guarantor shall (i) promptly and faithfully observe and perform all of the material terms, covenants, conditions and provisions of the material License Agreements to which it is a party to be observed and performed by it, at the times set forth therein, if any, (ii) not do, permit, suffer or refrain from doing anything that could reasonably be expected to result in a default under or breach of any of the terms of any material License Agreement, (iii) not cancel, surrender, modify, amend, waive or release any material License Agreement in any material respect or any term, provision or right of the licensee thereunder in any material respect, or consent to or permit to occur any of the foregoing; except, that, subject to Section 9.19(b) below, such Borrower or Guarantor may cancel, surrender or release any material License Agreement in the ordinary course of the business of such Borrower or Guarantor; provided, that, such Borrower or Guarantor (as the case may be) shall give Agent not less than thirty (30) days prior written notice of its intention to so cancel, surrender and release any such material License Agreement, (iv) give Agent prompt written notice of any material License Agreement entered into by such Borrower or Guarantor after the date hereof, together with a true, correct and complete copy thereof and such other information with respect thereto as Agent may request, (v) give Agent prompt written notice of any material breach of any obligation, or any default, by any party under any material License Agreement, and deliver to Agent (promptly upon the receipt thereof by such Borrower or Guarantor in the case of a notice to such Borrower or Guarantor and concurrently with the sending thereof in the case of a notice from such Borrower or Guarantor) a copy of each notice of default and every other notice and other communication received or delivered by such Borrower or Guarantor in connection with any material License Agreement which relates to the right of such Borrower or Guarantor to continue to use the property subject to such License Agreement, and (vi) furnish to Agent, promptly upon the request of Agent, such information and evidence as Agent may reasonably require from time to time concerning the observance, performance and compliance by such Borrower or Guarantor or the other party or parties thereto with the material terms, covenants or provisions of any material License Agreement.

  • Supply Agreements For a period of three years from the consummation of the IPO, Odetics shall not unilaterally terminate or assign its guarantee obligation with respect to any supply agreement pursuant to which it has guaranteed the performance by ATL of ATL's obligations, unless such suppliers have consented to the termination or assignment of such guarantee.

  • Third Party Agreements Nothing in this Section 5.3 shall require any Party to violate any Contract or arrangement with any Third Party regarding the confidentiality of confidential and proprietary information relating to that Third Party or its business; provided, however, that in the event that a Party is required under this Section 5.3 to disclose any such information, such Party shall use commercially reasonable efforts to seek to obtain such Third Party’s consent to the disclosure of such information. The Parties also acknowledge that the Other Parties’ Auditors are subject to contractual, legal, professional and regulatory requirements which such auditors are responsible for complying with.

  • Sublicense Agreements Sublicenses shall only be granted pursuant to written agreements, which shall be in compliance and not inconsistent with and shall be subject and subordinate to the terms and conditions of this Agreement (each, a "Sublicense Agreement"). Each such sublicense agreement shall contain, among other things, provisions to the following effect:

  • Estoppel Letters Borrower covenants to provide Agent, within ten (10) days after request, an estoppel letter stating (i) the balance of the Obligations, (ii) whether Borrower has any defenses to payment of the Obligations, and (iii) the nature of any defenses to payment of the Obligations. Such balance as presented for confirmation and the nonexistence of defenses shall be presumed if Borrower fails to respond to such a request within the required period.

  • Parties to Lock-Up Agreements The Company has furnished to the Underwriters a letter agreement in the form attached hereto as Exhibit A (the “Lock-up Agreement”) from each of the persons listed on Exhibit B. Such Exhibit B lists under an appropriate caption the directors and executive officers of the Company. If any additional persons shall become directors or executive officers of the Company prior to the end of the Company Lock-up Period (as defined below), the Company shall cause each such person, prior to or contemporaneously with their appointment or election as a director or executive officer of the Company, to execute and deliver to the Representatives a Lock-up Agreement.

  • Non-Disturbance Agreement (a) If Owner mortgages, charges or otherwise encumbers the Site, Owner shall notify Project Co and, at the request of Project Co, provide Project Co with an agreement executed by the mortgagee of the Site, permitting Project Co, Lender and Xxxxxx’s Consultant to access and use the Site under the licence granted pursuant to Section 9.1(a) and the Lender’s Direct Agreement, respectively, free from interference from the mortgagee or any person claiming by or through the mortgagee. This Section 9.5 shall not apply in respect of any portion of the Site or Facility used or developed pursuant to Section 9.2(b) if neither the licence granted pursuant to Section 9.1(a) nor the Work pertain to such portion of the Site.

  • Lease Agreements 13.1 The Customer shall provide FPL a copy of the lease agreement, as applicable, for any and all leased interconnection equipment.

  • Future Agreements The Fund shall promptly, at the request of the Purchaser, enter into an agreement, on terms mutually satisfactory to the Fund and the Purchaser, of the type specified in Section 12(d)(1)(E)(iii) of the 1940 Act, so as to permit the Purchaser or any transferee satisfying the requirements set forth in Section 2.1 to rely on the provisions of Section 12(d)(1)(E)(iii) of the 1940 Act.

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