Common use of Subordination and Estoppel Certificate Clause in Contracts

Subordination and Estoppel Certificate. Landlord shall have the right to subordinate this Lease to any mortgage presently existing or hereafter placed upon the Building by so declaring in such mortgage; and the recording of any such mortgage shall make it prior and superior to this Lease regardless of the date of execution or recording of either document. Within ten (10) days following receipt of a written request from Landlord, Tenant shall execute and deliver to Landlord, without cost:

Appears in 4 contracts

Samples: Lease Agreement (Futech Interactive Products Inc), Lease Agreement (Omniquip International Inc), Agreement (Universal Electronics Inc)

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Subordination and Estoppel Certificate. Subject to subsection (c) and the provisions of Section 12.4 below, Landlord shall have the right to subordinate this Lease to any mortgage presently existing or hereafter placed upon the Building by so declaring in such mortgage; and the recording of any such mortgage shall make it prior and superior to this Lease regardless of the date of execution or recording of either document. Within ten (10) business days following receipt of a written request from Landlord, Tenant shall execute and deliver to Landlord, without cost:

Appears in 1 contract

Samples: Lease Agreement (Talk America Holdings Inc)

Subordination and Estoppel Certificate. Landlord shall have the right to subordinate this Lease to any mortgage presently existing or hereafter placed upon the Building by so declaring in such mortgage; and the recording of any such mortgage shall make it prior and superior to this Lease regardless of the date of execution or recording of either document, provided there is non-disturbance to Tenant, if Tenant is not in default hereunder. Within ten (10) days following receipt of a written request from Landlord, Tenant shall execute and deliver to Landlord, without cost:

Appears in 1 contract

Samples: Lease Agreement (Access Corp)

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Subordination and Estoppel Certificate. Landlord shall have the right to subordinate this Lease to any mortgage presently existing or hereafter placed upon the Building by so declaring in such mortgage; and the recording of any such mortgage shall make it prior and superior to this Lease regardless of the date of execution or recording of either document. Within ten (10) business days following receipt of a written request from Landlord, Tenant shall execute and deliver to Landlord, without cost:

Appears in 1 contract

Samples: Lease Agreement (August Technology Corp)

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