Subordinate Agreement Sample Clauses
Subordinate Agreement. Customer agrees that, notwithstanding anything to the contrary in this Agreement, this Agreement shall be subject and subordinate to any mortgage, deed of trust, ground lease and/or Master Lease of Licensor and to any renewals, modifications, consolidation, refinancing, and extensions thereof, whether existing or future. Customer acknowledges that (a) Licensor may be a master tenant under a master lease agreement (the “Master Lease”) with the owner of the Building (or other applicable party) (the “Master Landlord”) with respect to certain portions of the Building, (b) the Space may be leased by Licensor, as tenant, from the Master Landlord, as landlord, and Licensor’s interest in the Space and Building may be that of lessee, rather than owner, and (c) the Master Landlord may, from time to time, encumber the Building (and/or the land on which the Building is located) with mortgages, deeds of trust and/or other similar security agreements. The foregoing provisions of this Section 8.10 are hereby declared to be self-operative and no further instrument shall be required to effect such subordination of this Agreement; provided, however, Customer shall, within ten (10) days after Licensor’s written request therefor, execute, acknowledge and deliver any documents reasonably requested by Licensor to assure the subordination of this Agreement to any of the same. Notwithstanding the foregoing, if any Master Landlord or the holder of any such mortgage or deed of trust advises Licensor that they desire or require this Agreement to be prior and superior thereto, upon written request of Licensor to Customer, Customer agrees to promptly execute, acknowledge and deliver any documents which Licensor or such Master Landlord or holder(s) reasonably deem necessary for purposes thereof (and, in such event, Customer shall, at the request of Licensor, attorn to such party).
Subordinate Agreement. The agreement between the Parties shall consist of this Subordinate Agreement and Attachments “A,” “B,” “C,” and “D” (collectively, “Agreement Documents”). The Parties hereby agree that the terms, conditions and assumptions set forth in Attachment “A” shall govern the performance of the Subordinate Agreement and delineate the respective rights and obligations of the Parties except where there is a conflict in language or obligations between Attachment “A” and the other Agreement Documents. In the event of such a conflict, the Parties agree that it shall be resolved as described in Section 11 hereinbelow. Subordinate Contract: The terms and conditions of this Contract, including Attachments A, B, C, D, E, F (collectively “Agreement Documents”), specify the terms and conditions by which the County will procure services in connection with the CMAS Contract from the Contractor, hereinafter referred to as “PMNS” or “Services,” as more fully detailed in Attachment B, Scope of Work. The Parties hereby agree that the terms, conditions and assumptions set forth in Attachment A shall govern the performance of the Contract and delineate the respective rights and obligations of the Parties except where there is a conflict in the language or obligations between Attachment A and the other Agreement Documents. In the event of such a conflict, the Parties agree that it shall be resolved as described in Section 11 below.
Subordinate Agreement. The agreement between the Parties shall consist of this Subordinate Agreement and Attachments “A,” “B,” “C,” and “D” (collectively, “Agreement Documents”). The Parties hereby agree that the terms, conditions and assumptions set forth in Attachment “A” shall govern the performance of the Subordinate Agreement and delineate the respective rights and obligations of the Parties except where there is a conflict in language or obligations between Attachment “A” and the other Agreement Documents. In the event of such a conflict, the Parties agree that it shall be resolved as described in Section 11 hereinbelow.
