Common use of Subordination; Attornment Clause in Contracts

Subordination; Attornment. Upon request of Landlord, Tenant will in writing subordinate its rights hereunder to the lien of any mortgage or deed of trust, to any bank, insurance company or other lending institution or other lender, now or hereafter in force against the Demised Premises, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed of trust made by Landlord covering the Demised Premises, Tenant shall attorn to the purchaser upon any such foreclosure or sale, and recognize such purchaser as the Landlord under this Lease. The provisions of this subparagraph to the contrary notwithstanding, and so long as Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full Lease Term hereof.

Appears in 4 contracts

Samples: Lease Agreement, Business Lease (VCG Holding Corp), Business Lease (VCG Holding Corp)

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Subordination; Attornment. Upon request of Landlord, Tenant will in writing subordinate its rights hereunder to the lien of any mortgage or deed of trust, to any bank, insurance company or other lending institution or other lenderinstitution, now or hereafter in force against the Demised Premises, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, foreclosure or in the event of the exercise of the power of sale under any mortgage or deed of trust made by Landlord covering the Demised Premises, Tenant shall attorn to the purchaser upon any such foreclosure or sale, sale and recognize such purchaser as the Landlord under this Lease. The provisions of this subparagraph Section to the contrary notwithstanding, and so long as Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full Lease Term term hereof.

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

Subordination; Attornment. Upon request of Landlord, Tenant Xxxxxx will in writing subordinate its rights hereunder to the lien of any mortgage or deed of trust, to any bank, insurance company or other lending institution or other lenderinstitution, now or hereafter in force against the Demised Premises, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, foreclosure or in the event of the exercise of the power of sale under any mortgage or deed of trust made by Landlord covering the Demised Premises, Tenant shall attorn to the purchaser upon any such foreclosure or sale, sale and recognize such purchaser as the Landlord under this Lease. The provisions of this subparagraph Section to the contrary notwithstanding, and so long as Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full Lease Term term hereof.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

Subordination; Attornment. Upon request of the Landlord, Tenant will will, in writing writing, subordinate its rights hereunder to the lien of any mortgage or deed of trust, to any bank, insurance company or other lending institution or other lenderinstitution, now or hereafter in force against the Demised Premises, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, foreclosure or in the event of the exercise of the power of sale under any mortgage or deed of trust made by the Landlord covering the Demised Premises, the Tenant shall attorn to the purchaser upon any such foreclosure or sale, sale and recognize such purchaser as the Landlord under this Lease. The provisions of this subparagraph Section to the contrary notwithstanding, and so long as Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full Lease Term hereof.

Appears in 2 contracts

Samples: Office Lease (Transatlantic Petroleum Ltd.), Office Lease (Transatlantic Petroleum Ltd.)

Subordination; Attornment. Upon request of the Landlord, Tenant will in writing subordinate its rights hereunder to the lien of any mortgage or deed of trust, to any bank, insurance company company, or other lending institution or other lenderinstitution, now or hereafter in force against the Demised Premises, and to do all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed of trust made by the Landlord covering the Demised Premisespremises, the Tenant shall attorn to the purchaser upon any such foreclosure or sale, sale and recognize such purchaser as the Landlord under this Lease. The provisions of this subparagraph paragraph to the contrary notwithstanding, and so long as Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full Lease Term term hereof.

Appears in 1 contract

Samples: Lease (Optiva Corp /Wa/)

Subordination; Attornment. Upon request of Landlordthe landlord, Tenant will shall in writing subordinate its rights hereunder to the lien of any mortgage or deed of trust, to any bank, insurance company or other lending institution or other lenderinstitution, now or hereafter in force against the Demised Premises, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed of trust made by Landlord the landlord covering the Demised Premises, the Tenant shall attorn to the purchaser upon any such foreclosure or sale, sale and recognize such purchaser as the Landlord landlord under this Lease. The provisions of this subparagraph Article to the contrary notwithstanding, and so long as Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full Lease Term term hereof.

Appears in 1 contract

Samples: Center Lease (La Rosa Holdings Corp.)

Subordination; Attornment. Upon request of the Landlord, Tenant will in writing subordinate its rights hereunder to the lien of any mortgage mortgage, or deed of trust, to any bank, insurance company or other lending institution or other lenderinstitution, now or hereafter in force against the Demised PremisesPremise, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed of trust made by the Landlord covering the Demised Premises, the Tenant shall attorn to the purchaser upon any such foreclosure or sale, sale and recognize such purchaser as the Landlord under this Lease. The provisions of this subparagraph Article to the contrary notwithstanding, and so long as Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full Lease Term term hereof.

Appears in 1 contract

Samples: Lease (Sunesis Pharmaceuticals Inc)

Subordination; Attornment. Upon request of Landlord, Tenant will in writing subordinate its rights hereunder to the lien of any mortgage or deed of trust, to any bank, insurance company or other lending institution or other lenderinstitution, now or hereafter in force against the Demised Premises, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed of trust made by Landlord covering the Demised Premises, Tenant shall attorn to the purchaser upon any such foreclosure or sale, and recognize such purchaser as the Landlord under this Lease. The provisions of this subparagraph to the contrary notwithstanding, and so long as Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full Lease Term hereof.

Appears in 1 contract

Samples: Business Lease (VCG Holding Corp)

Subordination; Attornment. Upon request of the Landlord, Tenant will will, in writing writing, subordinate its rights hereunder to the lien of any mortgage or deed of trust, trust to any bank, insurance company or other lending institution or other lenderinstitution, now or hereafter in force against the Demised Premises, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed of trust made by the Landlord covering the Demised Premises, the Tenant shall attorn to the purchaser upon any such foreclosure or sale, sale and recognize such purchaser as the Landlord under this Lease. The provisions of this subparagraph Article to the contrary notwithstanding, notwithstanding and so long as Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full Lease Term term hereof.

Appears in 1 contract

Samples: Asset Purchase and Assignment Agreement (Cet Environmental Services Inc)

Subordination; Attornment. Upon request of the Landlord, Tenant will in writing subordinate its rights hereunder to the lien of any mortgage or deed of or trust, to any bank, insurance company or other lending institution or other lenderinstitution, now or hereafter in force against the Demised Premises, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed of trust made by the Landlord covering the Demised Premises, the Tenant shall attorn to the purchaser upon any such foreclosure or sale, sale and recognize such purchaser as the Landlord under this the Lease. The provisions of this subparagraph Article to the contrary notwithstanding, and so long as Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full Lease Term term hereof.

Appears in 1 contract

Samples: Valley National Corp /De/

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Subordination; Attornment. Upon request of the Landlord, Tenant will in shall In writing subordinate its rights hereunder to the lien of any mortgage or deed of trust, to any bank, insurance company or other lending institution or other lenderinstitution, now or hereafter in force against the Demised PremisesBuilding, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed of trust made by the Landlord covering the Demised PremisesBuilding, the Tenant shall attorn atom to the purchaser upon any such foreclosure or sale, sale and recognize such purchaser as the Landlord under this Lease. The provisions of this subparagraph Article to the contrary notwithstanding, and so long Song as Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full Lease Term hereofterm thereof.

Appears in 1 contract

Samples: Lease (VCG Holding Corp)

Subordination; Attornment. Upon request of the Landlord, Tenant will in writing subordinate its rights hereunder to the lien of any mortgage mortgage, or deed of trust, to any bank, insurance company or other lending institution or other lenderinstitution, now or hereafter in force against the Demised PremisesPremise, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed of trust made by the Landlord covering the Demised Premises, the Tenant shall attorn to the purchaser upon any such foreclosure or sale, sale and recognize such purchaser as the Landlord under this Lease. The provisions of this subparagraph Article to the contrary notwithstanding, and so long tong as Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full Lease Term term hereof.

Appears in 1 contract

Samples: Lease (Sunesis Pharmaceuticals Inc)

Subordination; Attornment. Upon request of the Landlord, Tenant will in writing subordinate its rights hereunder to the lien of any mortgage or deed of trust, to any bank, insurance company or other lending institution or other lenderinstitution, now or hereafter in force against the Demised Premises, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed of trust made by Landlord covering the Demised Premises, the Tenant shall attorn to the purchaser purchase upon any such foreclosure or sale, sale and recognize such purchaser as the Landlord under this Lease. The provisions of this subparagraph to the contrary notwithstanding, and so long as Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full Lease Term hereofSublease.

Appears in 1 contract

Samples: Sub Lease (Bank Holdings)

Subordination; Attornment. Upon request of Landlord, Tenant will in writing subordinate its rights hereunder to the lien of any mortgage or deed of trust, to any bank, insurance company or other lending institution or other lenderinstitution, now or hereafter in force against the Demised Premises, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed of trust made by Landlord covering the Demised Premises, Tenant shall attorn to the purchaser upon any such foreclosure or sale, sale and recognize such purchaser as the Landlord under this Lease. The provisions of this subparagraph section to the contrary notwithstanding, and so long as Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full Lease Term term hereof.

Appears in 1 contract

Samples: New Energy Corp

Subordination; Attornment. Upon request of the Landlord, Tenant will in writing subordinate its rights hereunder to the lien of any mortgage or deed of trust, to any bank, insurance company or other lending institution or other lenderinstitution, now or hereafter in force against the Demised Premises, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed of trust made by the Landlord covering the Demised Premises, the Tenant shall attorn to the purchaser upon any such foreclosure or sale, sale and recognize such purchaser as the Landlord under this Lease. The provisions of this subparagraph Article to the contrary notwithstanding, and so long as Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full Lease Term term hereof.

Appears in 1 contract

Samples: Fee Agreement (Orange National Bancorp)

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