Subordination and Non-Disturbance Agreement. A. Tenant will obtain from any Mortgagee that holds a Mortgage as of or after the Effective Date an agreement, reasonably satisfactory to Manager and recordable in the jurisdiction where each Hotel is located (the “SNDA”), which provides that:
Appears in 4 contracts
Samples: Management Agreement (Service Properties Trust), Management Agreement (Service Properties Trust), Management Agreement (Service Properties Trust)
Subordination and Non-Disturbance Agreement. A. Tenant will obtain from any Mortgagee that holds a Mortgage as of or after the Effective Date an agreement, reasonably satisfactory to Manager and recordable in the jurisdiction where each the Hotel is located (the “SNDA”), which provides that:
Appears in 2 contracts
Samples: Management Agreement (Service Properties Trust), Management Agreement (Service Properties Trust)
