SUBORDINATION AND FINANCING. Tenant agrees that at all times this Lease and Tenant's leasehold estate created hereby shall be subordinate to the lien of any mortgage, deed of trust or other encumbrance, together with any renewals, extensions or replacements thereof, now or hereafter placed against Owner's interest in the Building or the Premises. Upon the request of Owner, Tenant agrees to execute and deliver such documents as may be required to effectuate such subordination. Subordination of Tenant's interest under this Lease shall be on the express condition that any holder of a mortgage, trust deed or other encumbrance to which this Lease or Tenant's leasehold estate created by this Lease which is to be subordinated agrees to provide Tenant with a non-disturbance and attornment agreement by which it will recognize and be bound by the terms of this Lease so long as Tenant is not in material default under this Lease. In the event Tenant shall fail, neglect or refuse to execute and deliver any such document within thirty (30) days after receipt by Tenant of the document(s) to be executed by Tenant to effect such subordination, such failure shall be a material default of Tenant's obligations under this Lease. If the Building is subject to any mortgage, deed or trust or ground lease, then promptly after the execution hereof, Landlord will deliver to Tenant a non-disturbance and attornment agreement in reasonable and customary form from the holder of any such mortgage, deed of trust or ground lease.
SUBORDINATION AND FINANCING. The Tenant shall, upon the request of the Owner, subordinate this Lease and the Tenant's rights hereunder to the lien of any mortgage, deed of trust or other encumbrance, together with any extensions or replacements thereof, now or hereafter placed, charged or enforced against the Owner's interest in this Lease and the leasehold estate hereby created, or the Premises, and deliver such documents as may be required to effectuate such subordination. In the event the Tenant shall fail, neglect or refuse to execute and deliver any such document within ten (10) days after receipt of written notice so to do and the receipt by the Tenant of the document(s) to be executed by it, the Tenant hereby irrevocably appoints the Owner, and the Owner's successors and assigns, the true and lawful attorney-in-fact of the Tenant to execute and deliver any and all such documents for arid on behalf of the Tenant. In connection with such subordination, the Owner shall obtain the agreement in writing of the mortgagee or the beneficiary named in such mortgage, deed of trust or other encumbrance, for the benefit of the Tenant, that so long as the Tenant is not in default under this Lease, the rights of the Tenant hereunder shall not be terminated or modified.
SUBORDINATION AND FINANCING. 14.01. The Tenant agrees that at all times this Lease and the Tenant’s leasehold estate created hereby shall be subordinate to the lien of any mortgage, deed of trust or other encumbrance, together with any renewals, extensions or replacements thereof, now or hereafter placed, charged or enforced against the Owner’s interest in the Building and the Premises. Upon the request of the Owner, the Tenant agrees to execute and deliver (but without cost to the Tenant) such documents as may be required to effectuate such subordination. In the event the Tenant shall fail, neglect or refuse to execute and deliver any such document within ten (10) days after receipt by the Tenant of the document(s) to be executed by it, to effect such subordination, the Tenant hereby irrevocably appoints the Owner, and the owner’s successors and assigns, the true and lawful attorney-in-fact of the Tenant to execute and deliver in the Tenant’s own name any and all such documents for and on behalf of the Tenant in connection with such subordination. In connection with such subordination, the Owner shall use all reasonable efforts to obtain the agreement in writing of the mortgagee or the beneficiary named in such mortgage, deed of trust or other encumbrance, for the benefit of the Tenant, that so long as the Tenant is not in default under this Lease beyond the applicable cure period, the rights of the Tenant hereunder shall not be terminated or modified nor shall the Tenant’s possession and use of the Premises be disturbed.
SUBORDINATION AND FINANCING. 22 SECTION 12.01. SUBORDINATION...................................... 22 SECTION 12.02. ATTORNMENT......................................... 22 SECTION 12.03. FINANCING.......................................... 23 ARTICLE XIII.
SUBORDINATION AND FINANCING. 18 ARTICLE 27-
SUBORDINATION AND FINANCING. 12 Section 12.01 - Subordination:...................................... 12 Section 12.02 - Attornment:......................................... 12 Section 12.03 - Financing:.......................................... 12 Section 12.04 - Estoppel:........................................... 12 Article XIII. DEFAULTS....................................................... 12 Section 13.01 - Events of Default:.................................. 12 Section 13.02 - Landlord's Remedies:................................ 12 Section 13.03 - Additional Remedies and Waivers:.................... 12 Section 13.04 - Default by Landlord:................................ 12
SUBORDINATION AND FINANCING. The Tenant agrees that at all times this Lease and the Tenant’s leasehold estate created hereby shall be subordinate to the lien of any mortgage, deed of trust or other encumbrance, together with any renewals, extensions or replacements thereof, now or hereafter placed, charged or enforced against the Owner’s interest in the Building and the Premises. Upon the request of the Owner, the Tenant agrees to execute and deliver such documents, including financial statements, as may be required to effectuate such subordination. In the event the Tenant shall fail, neglect or refuse to execute and deliver any such document within ten (10) days after receipt by the Tenant of the document(s) to be executed by it, to effect such subordination, the Tenant hereby irrevocably appoints the Owner, and the Owner’s successors and assigns, the true and lawful attorney-in-fact of the Tenant to execute and deliver in the Tenant’s own name any and all such documents for and on behalf of the Tenant in connection with such subordination. Landlord to provide Tenant with a mutually agreed upon subordination and non disturbance agreement.
SUBORDINATION AND FINANCING. 16 25.1. Subordination........................................................ 16 25.2. Future Encumbrance................................................... 16 25.3. Attornment........................................................... 16 25.4.
SUBORDINATION AND FINANCING. 18 SECTION 12.01 - SUBORDINATION: ........................................ 18 SECTION 12.02 - ATTORNMENT: ........................................... 19 SECTION 12.03 - ESTOPPEL: ............................................. 19 ARTICLE XIII. DEFAULTS ................................................. 19 SECTION 13.01 - EVENTS OF DEFAULT: .................................... 19 SECTION 13.02 - LANDLORD'S REMEDIES: .................................. 20 SECTION 13.03 - ADDITIONAL REMEDIES AND WAIVERS: ...................... 21 SECTION 13.04 - LEASEHOLD MORTAGEE'S RIGHT TO CURE:.................... 21 SECTION 13.05 - DEFAULT BY LANDLORD: .................................. 21
SUBORDINATION AND FINANCING. Section 13.1 Tenant agrees that this Lease shall, at the request of Landlord, be subordinate to any mortgage or deeds
