Common use of SNDAs Clause in Contracts

SNDAs. Upon the written request of Buyer, Seller agrees to forward, at no cost to Seller and solely as an accommodation to Buyer, Buyer’s lender’s form of Subordination, Non-Disturbance and Attornment Agreement (if any) to each tenant. However, it is expressly understood and agreed that the receipt of one or more Subordination, Non-Disturbance and Attornment Agreements in any form executed by tenants shall not be a condition to Buyer’s obligation to proceed with the Closing under this Agreement. 8.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hartman vREIT XXI, Inc.)

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SNDAs. Upon the written request of Buyer, Seller agrees to forward, at no cost to Seller and solely as an accommodation to Buyer, Buyer’s lender’s form of Subordination, Non-Disturbance and Attornment Agreement (if any) to each tenant. However, it is expressly understood and agreed that the receipt of one or more Subordination, Non-Disturbance and Attornment Agreements in any form executed by tenants shall not be a condition to Buyer’s obligation to proceed with the Closing under this Agreement. 8.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Prime Group Realty Trust)

SNDAs. Upon the written request of Buyer, Seller agrees to forwardforward to each tenant under any Lease, at no cost to Seller and solely as an accommodation to Buyer, Buyer’s lender’s a subordination, non-disturbance and attornment agreement in the form of Subordination, Non-Disturbance and Attornment Agreement acceptable to Buyer (if any) to each tenanta “SNDA”). However, it It is expressly understood and agreed that the receipt of one or more Subordination, Non-Disturbance and Attornment Agreements SNDAs in any form executed by tenants Tenants shall not be a condition to Buyer’s obligation to proceed with the Closing under this Agreement. 8.

Appears in 1 contract

Samples: Purchase and Sale Agreement (FRP Holdings, Inc.)

SNDAs. Upon the written request of Buyer, Seller agrees to forward, at no cost to Seller and solely as an accommodation to Buyer, Buyer’s lender’s form of Subordination, Non-Disturbance and Attornment Agreement (if any) to each tenantTenant. However, it is expressly understood and agreed that the receipt of one or more Subordination, Non-Disturbance and Attornment Agreements in any form executed by tenants Tenant shall not be a condition to Buyer’s obligation to proceed with the Closing under this Agreement. 8.

Appears in 1 contract

Samples: Purchase Agreement (KBS Real Estate Investment Trust II, Inc.)

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SNDAs. Upon the written request of BuyerPurchaser, each Seller agrees to forward, at no cost to such Seller and solely as an accommodation to BuyerPurchaser, BuyerPurchaser’s lender’s form of Subordination, Non-Disturbance and Attornment Agreement (if any) to each tenantTenant. However, it It is expressly understood and agreed that the receipt of one or more Subordination, Non-Disturbance and Attornment Agreements in any form executed by tenants Tenants shall not be a condition to BuyerPurchaser’s obligation to proceed with the Closing under this Agreement. 8.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Hines Real Estate Investment Trust Inc)

SNDAs. Upon the written request of Buyer, Seller agrees Sellers agree to forward, at no cost to Seller and solely as an accommodation to BuyerSellers, Buyer’s lender’s form of Subordinationsubordination, Nonnon-Disturbance disturbance and Attornment Agreement (if any) attornment agreement to each tenanttenants at the Properties. However, it is expressly understood and agreed that the receipt of one or more Subordinationsubordination, Nonnon-Disturbance disturbance and Attornment Agreements attornment agreements in any form executed by tenants shall not be a condition to Buyer’s obligation to proceed with the Closing under this Agreement. 8.

Appears in 1 contract

Samples: Purchase and Sale Agreement (American Realty Capital Properties, Inc.)

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