Subordination; Attornment. Upon request of Landlord, 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, now or hereafter in force against the 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 Premises, Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as Landlord under this Lease. The provisions of this 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 term hereof.
Appears in 3 contracts
Samples: Lease Agreement, Lease Agreement, Lease Agreement
Subordination; Attornment. Upon request of Landlord, Xxxxxx 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, 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 Section 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 term Lease Term hereof.
Appears in 3 contracts
Samples: Business Lease (VCG Holding Corp), Business Lease (VCG Holding Corp), Business Lease (VCG Holding Corp)
Subordination; Attornment. Upon request of the Landlord, Xxxxxx will Tenant 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, now or hereafter in force against the 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 Premises, the 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 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 term Term hereof.
Appears in 2 contracts
Samples: Office Lease (Transatlantic Petroleum Ltd.), Office Lease (Transatlantic Petroleum Ltd.)
Subordination; Attornment. Upon request of Landlord, Xxxxxx 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, trust now or hereafter in force against the Premises, provided the holder of such mortgage or deed of trust grants tenant a non-disturbance agreement, 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 Premises, the 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 Section 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 term hereof.
Appears in 2 contracts
Samples: Lease Agreement (Brighton Technologies Corp), Lease Agreement (Brighton Technologies Corp)
Subordination; Attornment. Upon request of Landlord, Xxxxxx 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, now or hereafter in force against the 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 Premises, Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as Landlord under this Lease. The provisions of this 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 term hereof.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
Subordination; Attornment. Upon request of the Landlord, Xxxxxx 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, now or hereafter in force against the 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 Premises, the 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 Section 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 term hereof.
Appears in 1 contract
Subordination; Attornment. Upon request of Landlord, Xxxxxx 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, now or hereafter in force against the 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 Premises, Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as Landlord under this Lease. The provisions of this Section 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 term hereof.
Appears in 1 contract
Samples: Lease Agreement (New Energy Corp)
Subordination; Attornment. Upon request of the Landlord, Xxxxxx will Tenant 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, now or hereafter in force against the 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 Premises, the 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 Section 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 term hereof.
Appears in 1 contract
Samples: Asset Purchase Agreement (Cet Environmental Services Inc)
Subordination; Attornment. Upon request of the Landlord, Xxxxxx Tenant will in writing subordinate its rights hereunder to the lien of any mortgage first mortgage, or first deed of trust, trust to any bank, insurance company or other lending institutionlanding Institutions, now or hereafter in force against the Premisesland and Building of which the Premises are a part, and to all advances made or hereafter to be made upon the security thereof. In the event any proceedings are brought for foreclosure to 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 Premises, the 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 Section 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 term hereof.
Appears in 1 contract
Subordination; Attornment. Upon request of the Landlord, Xxxxxx 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, now or hereafter in force against the PremisesPremise, 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 Premises, the 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 Section 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 term hereof.
Appears in 1 contract
Samples: Lease (Sunesis Pharmaceuticals Inc)
Subordination; Attornment. Upon request of the Landlord, Xxxxxx will Tenant 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, now or hereafter in force against the 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 Premises, the 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 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 term hereof.
Appears in 1 contract
Subordination; Attornment. Upon request of Landlordthe landlord, Xxxxxx will Tenant 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, now or hereafter in force against the 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 the landlord covering the Premises, the Tenant shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as Landlord the landlord under this Lease. The provisions of this Section 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 term hereof.
Appears in 1 contract
Subordination; Attornment. Upon request of the Landlord, Xxxxxx 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, now or hereafter in force against the 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 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 Premisespremises, the 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 Section 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 term hereof.
Appears in 1 contract
Samples: Lease (Optiva Corp /Wa/)
Subordination; Attornment. Upon request of the Landlord, Xxxxxx 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, now or hereafter in force against the PremisesPremise, 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 Premises, the 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 Section 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 term hereof.
Appears in 1 contract