Subordination, Non-Disturbance and Attornment Agreements Sample Clauses

Subordination, Non-Disturbance and Attornment Agreements. The Borrower shall use commercially reasonable efforts to provide to the Administrative Agent SNDA Agreements executed by each tenant under a Major Lease prior to the Closing Date; provided, however, that in addition to the obligations set forth in Section 9.09(c), if the Borrower does not obtain all such SNDA Agreements by the Closing Date, the Borrower shall continue to use commercially reasonable efforts to obtain such SNDA Agreements after the Closing Date.
AutoNDA by SimpleDocs
Subordination, Non-Disturbance and Attornment Agreements. The Seller shall have delivered to the Purchaser Subordination, Non-Disturbance and Attornment Agreements ("SNDAs") executed by each mortgagee holding a beneficial interest in any of the Real Property, each as more particularly described on Schedule 9.6, and the owner of such Real Property, in form and substance reasonably acceptable to Purchaser and its counsel.
Subordination, Non-Disturbance and Attornment Agreements. The Administrative Agent is hereby authorized (but shall not be obligated to), to execute and deliver Subordination, Non-Disturbance and Attornment Agreements substantially in the form of Exhibit G hereto with Borrower, any relevant Subsidiaries thereof and their commercial tenants without prior notice to or consent by the Lenders, and may following not less than two Business Day's notice to each Lender with a copy of the proposed agreement (unless the Requisite Lenders object thereto during such period), enter into Subordination, Non-Disturbance and Attornment Agreements and other related agreements which are in a form acceptable to the Administrative Agent.
Subordination, Non-Disturbance and Attornment Agreements. The Company will use commercially reasonable efforts to deliver to Parent, in form and substance reasonably satisfactory to Parent, Subordination, Non-Disturbance and Attornment Agreements from each of the lenders to its landlords. After the Closing, the Stockholders’ Representative will use commercially reasonable efforts to cooperate with the Surviving Corporation at its request with respect to any Subordination, Non-Disturbance and Attornment Agreements that are not delivered to Parent at Closing.
Subordination, Non-Disturbance and Attornment Agreements. Purchaser and Sellers have agreed as to the matter of subordination, non-disturbance and attornment agreements as outlined in the Company Disclosure Letter.
Subordination, Non-Disturbance and Attornment Agreements. At the request of a mortgage lender providing financing to Purchaser for the acquisition of the Property, Seller shall endeavor in good faith (but without obligation to incur any cost or expense) to obtain and deliver to such mortgagee, a written SNDA signed by each of the Major Tenants; provided that delivery of such signed SNDAs shall not be a condition of Closing; and in no event shall the inability or failure of Seller to obtain and deliver said SNDAs (Seller having used its good faith efforts as set forth above as to the Tenants) be a default of Seller hereunder.
Subordination, Non-Disturbance and Attornment Agreements. Subject to the conditions set forth below, Lender shall execute Subordination, Non-Disturbance and Attornment Agreements ("SNDA") with new tenants of the Mortgaged Property from time to time upon written request from MCR. Each such request shall be accompanied by a written certification from MCR confirming that the SNDA as presented is in the form attached hereto as Exhibit C with no changes or alterations other than completions of blanks. Lender shall use its best efforts to execute and return an SNDA within thirty (30) days after receipt of the completed SNDA and the certification, each of which must conform to the requirements of the previous sentence. Lender shall have no obligation to review or execute any SNDAs that do not conform to such requirements or are not so certified.
AutoNDA by SimpleDocs
Subordination, Non-Disturbance and Attornment Agreements. Should a Tenant, under any present or future Lease at the Property, require Borrower to secure a Subordination, Non-Disturbance and Attornment Agreement from Lender, the document shall be satisfactory to Lender in its sole discretion.
Subordination, Non-Disturbance and Attornment Agreements. The Seller shall have delivered to the Purchaser, at least five (5) days prior to the First Closing Date, Subordination, Non-Disturbance and Attornment Agreements (“SNDAs”) executed by each mortgagee holding a beneficial interest in any of the Third Party Real Property, each as more particularly described on Schedule 9.6, in form and substance reasonably acceptable to Purchaser and its counsel and Seller and its counsel.
Subordination, Non-Disturbance and Attornment Agreements. Seller agrees to cooperate with Purchaser to obtain subordination, non-disturbance and attornment agreements ("SNDAS") from tenants under Leases selected by Purchaser's lender. As and when received by Seller, Seller shall deliver the executed SNDAs to Purchaser. If the transaction contemplated herein fails to close for any reason whatsoever, Purchaser shall return to Seller all such executed SNDAs previously delivered to Purchaser. The failure to obtain SNDAs from all or any of the selected tenants shall not constitute a default by Seller hereunder or otherwise entitle Purchaser to terminate this Agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!