Common use of Subordination and Non-Disturbance Agreement Clause in Contracts

Subordination and Non-Disturbance Agreement. Landlord hereby agrees to cause to be delivered to Tenant and Lender a Subordination and Non-Disturbance Agreement, in form and substance reasonably acceptable to Lender, duly executed by any holder of any deed of trust or mortgage on Landlord's reversionary fee interest in the Real Property that has been approved in accordance with the provisions of Paragraph 7(j) below ("Fee Mortgage"), which agreement shall provide, among other things, that such Fee Mortgage shall be junior and subordinate to this Lease, to any New Lease (as hereinafter defined) and to the Leasehold Mortgages at all times, and that such Fee Mortgagee shall not disturb Lender's or Tenant's possession of such property following a foreclosure of such deed of trust or mortgage.

Subordination and Non-Disturbance Agreement. Landlord hereby agrees to cause to be delivered to Tenant and Lender a Subordination and Non-Disturbance Agreement, in form and substance reasonably acceptable to Lender, duly executed by any holder of any deed of trust or mortgage on Landlord's reversionary fee interest in the Real Property that has been approved in accordance with the provisions of Paragraph 7(j) below ("Fee Mortgage"), which agreement shall provide, among other things, that such Fee Mortgage shall be junior and subordinate to this Lease, to any New Lease (as hereinafter defined) and to the Leasehold Mortgages at all times, and that such Fee Mortgagee shall not disturb Lender's or Tenant's possession of such property following a foreclosure of such deed of trust or mortgage.Leasehold