Common use of Subordination and Release of Purchase Options Clause in Contracts

Subordination and Release of Purchase Options. Tenant represents that it has no right or option of any nature to purchase the Property or any portion of the Property or any interest in the Borrower. To the extent Tenant has or acquires any such right or option, these rights or options are acknowledged to be subject and subordinate to the Mortgage and are waived and released as to Beneficiary and any Foreclosure Purchaser.

Appears in 12 contracts

Samples: And Attornment Agreement (ViewRay, Inc.), And Attornment Agreement (NeoStem, Inc.), NNN Lease (United Natural Foods Inc)

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Subordination and Release of Purchase Options. Tenant represents that it has no right or option of any nature to purchase the Property or any portion of the Property or any interest in the Borrower. To the extent Tenant has or acquires any such right or option, these rights or options are acknowledged to be subject and subordinate to the Mortgage and are waived and released as to Beneficiary Lender and any Foreclosure Purchaser.

Appears in 4 contracts

Samples: Lease (Cra International, Inc.), Office Lease Agreement (Guidance Software, Inc.), Office Lease

Subordination and Release of Purchase Options. Tenant represents --------------------------------------------- that it has no right or option of any nature to purchase the Property or any portion of the Property or any interest in the Borrower. To the extent Tenant has or acquires any such right or option, these rights or options are acknowledged to be subject and subordinate to the Mortgage and are waived and released as to Beneficiary and any Foreclosure Purchaser.

Appears in 4 contracts

Samples: Lease (Clarent Corp/Ca), Attornment Agreement (Phone Com Inc), Lease (Clarent Corp/Ca)

Subordination and Release of Purchase Options. Tenant represents that it has no right or option of any nature to purchase the Property or any portion of the Property or any interest in the BorrowerLandlord. To the extent Tenant has or acquires any such right or option, these rights or options are acknowledged to be subject and subordinate to the Mortgage Deed of Trust and are waived and released as to Beneficiary and any Foreclosure Purchaser.

Appears in 3 contracts

Samples: Office Lease (Honest Company, Inc.), Office Lease (Genesis Energy Lp), Office Lease Agreement (Inktomi Corp)

Subordination and Release of Purchase Options. Tenant represents that it has no right or option of any nature to purchase the Property or any portion of the Property or any interest in the BorrowerLandlord. To the extent Tenant has or acquires any such right or option, these rights or options are acknowledged to be subject and subordinate to the Mortgage and are waived and released as to Beneficiary and any Foreclosure Purchaser.

Appears in 2 contracts

Samples: Office Lease (Copart Inc), Office Lease Agreement (Guidewire Software, Inc.)

Subordination and Release of Purchase Options. Tenant represents that it has no right or option of any nature to purchase the Property or any portion of the Property or any interest in the BorrowerGrantor. To the extent Tenant has or acquires any such right or option, these rights or options are acknowledged to be subject and subordinate to the Mortgage and are waived and released as to Beneficiary and any Foreclosure Purchaser.

Appears in 2 contracts

Samples: And Attornment Agreement (Solta Medical Inc), And Attornment Agreement (Epicor Software Corp)

Subordination and Release of Purchase Options. Tenant represents that --------------------------------------------- it has no right or option of any nature to purchase the Property or any portion of the Property or any interest in the Borrower. To the extent Tenant has or acquires any such right or option, these rights or options are acknowledged to be subject and subordinate to the Mortgage and are waived and released as to Beneficiary and any Foreclosure Purchaser.

Appears in 2 contracts

Samples: Industrial Lease (Valicert Inc), Industrial Lease (Valicert Inc)

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Subordination and Release of Purchase Options. Tenant represents that it has no right or option of any nature to purchase the Property or any portion of the Property or any interest in the BorrowerLandlord. To the extent Tenant has or acquires any such right or option, these rights or options are acknowledged to be subject and subordinate to the Mortgage Security Instrument and are waived and released as to Beneficiary Lender and any Foreclosure Purchaser.

Appears in 1 contract

Samples: Lease (Aerovate Therapeutics, Inc.)

Subordination and Release of Purchase Options. Tenant represents that it has no right or option of any nature to purchase the Property or any portion of the Property or any interest in the Borrower. To the extent Tenant has or acquires any such right or option, these these, rights or options are acknowledged to be subject and subordinate to the Mortgage and are waived and released as to Beneficiary and any Foreclosure Purchaser.

Appears in 1 contract

Samples: Lease Agreement (First Horizon Pharmaceutical Corp)

Subordination and Release of Purchase Options. Tenant represents that it has no right or option of any nature to purchase the Property or any portion of the Property or any interest in the Borrower. To the extent Tenant has or acquires any such right or option, these rights or options are acknowledged to be subject and subordinate to the Mortgage and are waived and released as to Beneficiary and any Foreclosure Purchaser.. Exhibit F

Appears in 1 contract

Samples: Lease (Argonaut Technologies Inc)

Subordination and Release of Purchase Options. Tenant represents that it has no right or option of any nature to purchase the Property or any portion of the Property or any interest in the Borrower. To the extent Tenant has or acquires any such right or option, these rights or options are acknowledged to be subject and subordinate to the Mortgage Deed of Trust and are waived and released as to Beneficiary and any third party purchaser at the Foreclosure Sale (a “Foreclosure Purchaser”).

Appears in 1 contract

Samples: Lease Agreement (Avi Biopharma Inc)

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