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

Subordination, Attornment and Non-Disturbance Agreement. An agreement among the Agent, a Borrower and a tenant under a Lease pursuant to which such tenant agrees to subordinate its rights under the Lease to the lien or security title of the applicable Mortgage and agrees to recognize the Agent or its successor in interest as landlord under the Lease in the event of a foreclosure under such Mortgage, and the Agent agrees to not disturb the possession of such tenant, such agreement to be in form and substance reasonably satisfactory to Agent.

Appears in 6 contracts

Samples: Credit Agreement (Independence Realty Trust, Inc), Credit Agreement (City Office REIT, Inc.), Credit Agreement (City Office REIT, Inc.)

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Subordination, Attornment and Non-Disturbance Agreement. An agreement among the Agent, the Borrower or a Borrower Subsidiary Guarantor and a tenant under a Lease pursuant to which such tenant agrees to subordinate its rights under the Lease to the lien or security title of the applicable Mortgage and agrees to recognize the Agent or its successor in interest as landlord under the Lease in the event of a foreclosure under such Mortgage, and the Agent agrees to not disturb the possession of such tenant, such agreement to be in form and substance reasonably satisfactory to Agent.

Appears in 5 contracts

Samples: Credit Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (NorthStar Healthcare Income, Inc.), Credit Agreement (Carter Validus Mission Critical REIT, Inc.)

Subordination, Attornment and Non-Disturbance Agreement. An agreement among the Agent, the Borrower or a Borrower Subsidiary Guarantor and a tenant under a Lease pursuant to which such tenant agrees to subordinate its rights under the Lease to the lien or security title of the applicable Mortgage and agrees to recognize the Agent or its successor in interest as landlord under the Lease in the event of a foreclosure under such Mortgage, and the Agent agrees to not disturb the possession of such tenant, such agreement to be in form and substance reasonably satisfactory to Agent.

Appears in 3 contracts

Samples: Credit Agreement (Tier Reit Inc), Credit Agreement (Behringer Harvard Reit I Inc), Credit Agreement (Behringer Harvard Reit I Inc)

Subordination, Attornment and Non-Disturbance Agreement. An agreement among the Agent, the Borrower or a Borrower Guarantor and a tenant under a Lease pursuant to which such tenant agrees to subordinate its rights under the Lease to the lien or security title of the applicable Mortgage and agrees to recognize the Agent or its successor in interest as landlord under the Lease in the event of a foreclosure under such Mortgage, and the Agent agrees to not disturb the possession of such tenant, such agreement to be in form and substance reasonably satisfactory to Agent.

Appears in 3 contracts

Samples: Master Credit Agreement (Entertainment Properties Trust), Loan Agreement (Entertainment Properties Trust), Master Credit Agreement (Entertainment Properties Trust)

Subordination, Attornment and Non-Disturbance Agreement. An agreement among the Agent, a Borrower Subsidiary Guarantor and a tenant under a Lease pursuant to which such tenant agrees to subordinate its rights under the Lease to the lien or security title of the applicable Mortgage and agrees to recognize the Agent or its successor in interest as landlord under the Lease in the event of a foreclosure under such Mortgage, and the Agent agrees to not disturb the possession of such tenant, such agreement to be in form and substance reasonably satisfactory to Agent.

Appears in 3 contracts

Samples: Credit Agreement (Plymouth Industrial REIT Inc.), Credit Agreement (Plymouth Industrial REIT Inc.), Credit Agreement (Wheeler Real Estate Investment Trust, Inc.)

Subordination, Attornment and Non-Disturbance Agreement. An agreement among and executed by the Agent, a Borrower the Mortgagor and a tenant under a Lease pursuant to which such tenant agrees to subordinate its rights under the Lease to the lien or security title of the applicable Mortgage a Security Deed and agrees to recognize the Agent or its successor in interest as landlord under the Lease in the event of a foreclosure or other transfer under such Mortgage, the Security Deed and the Agent agrees to not disturb the possession of such tenant, such agreement to be in form and substance reasonably satisfactory to Agentthe tenant so long as there is no default beyond applicable grace periods under the Lease.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Amerivest Properties Inc), Credit Loan Agreement (Koger Equity Inc)

Subordination, Attornment and Non-Disturbance Agreement. An agreement among the Agent, a Borrower and a tenant under a Lease pursuant to which such tenant agrees to subordinate its rights under the Lease to the lien or security title of the applicable Mortgage and agrees to recognize the Agent or its successor in interest as landlord under the Lease in the event of a foreclosure under such the Mortgage, and the Agent agrees to not disturb the possession of such tenant, such agreement to be in form and substance reasonably satisfactory to Agent.

Appears in 2 contracts

Samples: Credit Agreement (Dupont Fabros Technology, Inc.), Credit Agreement (Dupont Fabros Technology, Inc.)

Subordination, Attornment and Non-Disturbance Agreement. An agreement among the Agent, the Borrower or a Borrower Subsidiary Guarantor and a tenant under a Lease at a Mortgaged Property pursuant to which such tenant agrees to subordinate its rights under the Lease to the lien or security title of the applicable Mortgage Security Deed and agrees to recognize the Agent or its successor in interest as landlord under the Lease in the event of a foreclosure under such MortgageSecurity Deed, and the Agent agrees to not disturb the possession of such tenant, such agreement to be in form and substance reasonably satisfactory to Agent.

Appears in 2 contracts

Samples: Secured Master Loan Agreement (Ramco Gershenson Properties Trust), Secured Master Loan Agreement (Ramco Gershenson Properties Trust)

Subordination, Attornment and Non-Disturbance Agreement. An agreement among the Agent, a the Borrower (or the Guarantor, as applicable) and a tenant under a Lease pursuant to which such tenant agrees to subordinate its rights under the Lease to the lien or security title of the applicable Mortgage Security Deed and agrees to recognize the Agent or its successor in interest as landlord under the Lease in the event of a foreclosure under such Mortgage, and the Agent agrees to not disturb the possession of such tenantSecurity Deed, such agreement to be in form and substance reasonably satisfactory to the Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Wellsford Real Properties Inc)

Subordination, Attornment and Non-Disturbance Agreement. An agreement agreement, entered into at the request of Agent, among the Agent, a Borrower and a tenant or licensee under a Lease pursuant to which such tenant or licensee agrees to subordinate its rights under the Lease to the lien or security title of the applicable Mortgage and agrees to recognize the Agent or its successor in interest as landlord under the Lease in the event of a foreclosure under such Mortgage, and the Agent agrees to not disturb the possession of such tenanttenant or licensee, such agreement to be in form and substance reasonably satisfactory to Agent.

Appears in 1 contract

Samples: Joinder Agreement (QTS Realty Trust, Inc.)

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Subordination, Attornment and Non-Disturbance Agreement. An agreement among the Agent, a the Borrower and a tenant under a Lease pursuant to which such tenant agrees to subordinate its rights under the Lease to the lien or security title of the applicable Mortgage Security Deed and agrees to recognize the Agent or its successor in interest as landlord under the Lease in the event of a foreclosure under such Mortgage, and the Agent agrees to not disturb the possession of such tenantSecurity Deed, such agreement to be in form and substance reasonably satisfactory to the Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Wellsford Real Properties Inc)

Subordination, Attornment and Non-Disturbance Agreement. An agreement among the AgentAgent (for the benefit of itself and the Lenders), a the Borrower and a tenant under a Collateral Property Lease pursuant to which such tenant agrees to subordinate its rights under the Lease to the lien or security title of the applicable Mortgage Security Deed and agrees to recognize the Agent or its successor in interest as landlord under the Lease in the event of a foreclosure or deed-in-lieu under such Mortgagethe Security Deed, and the Agent agrees to not disturb the possession of such tenant, such agreement to be in form and substance reasonably satisfactory to the Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (First Potomac Realty Trust)

Subordination, Attornment and Non-Disturbance Agreement. An agreement among the Agent, a Borrower and a tenant under a Lease pursuant to which such tenant agrees to subordinate its rights under the Lease to the lien or security title of the applicable Mortgage Security Deed and agrees to recognize the Agent or its successor in interest as landlord under the Lease in the event of a foreclosure under such Mortgage, and the Agent agrees to not disturb the possession of such tenantSecurity Deed, such agreement to be in form and substance reasonably satisfactory to Agentthe Agent and the Majority Banks.

Appears in 1 contract

Samples: Master Credit Agreement (Wellsford Real Properties Inc)

Subordination, Attornment and Non-Disturbance Agreement. An agreement among the Agent, a Borrower the applicable Subsidiary Guarantor and a tenant under a Lease pursuant to which such tenant agrees to subordinate its rights under the Lease to the lien or security title of the applicable Mortgage and agrees to recognize the Agent or its successor in interest as landlord under the Lease in the event of a foreclosure under such Mortgage, and the Agent agrees to not disturb the possession of such tenant, such agreement to be in form and substance reasonably satisfactory to Agent.

Appears in 1 contract

Samples: Credit Agreement (Industrial Property Trust Inc.)

Subordination, Attornment and Non-Disturbance Agreement. An agreement among and executed by the Agent, a the Borrower and a tenant under a Lease pursuant to which such tenant agrees to subordinate its rights under the Lease to the lien or security title of the applicable Mortgage a Security Deed and agrees to recognize the Agent or its successor in interest as landlord under the Lease in the event of a foreclosure or other transfer under such Mortgage, the Security Deed and the Agent agrees to not disturb the possession of such tenant, such agreement to be in form and substance reasonably satisfactory to Agentthe tenant so long as there is no default beyond applicable grace periods under the Lease.

Appears in 1 contract

Samples: Credit Loan Agreement (Koger Equity Inc)

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