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

Subordination, Non-Disturbance and Attornment. (a) This Lease and Tenant's interest hereunder shall be subordinate to any Mortgage or other security instrument hereafter placed upon the Leased Premises by Landlord, and to any and all advances made or to be made thereunder, to the interest thereon, and all renewals, replacements and extensions thereof, provided that any such Mortgage or other security instrument (or a separate instrument in recordable form duly executed by the holder of any such Mortgage or other security instrument and delivered to Tenant) shall provide for the recognition of this Lease and all Tenant's rights hereunder.

Appears in 4 contracts

Samples: Lease Agreement (Corporate Property Associates 16 Global Inc), Lease Agreement (Corporate Property Associates 15 Inc), Lease Agreement (Corporate Property Associates 15 Inc)

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Subordination, Non-Disturbance and Attornment. (a) This Lease and Tenant's ’s interest hereunder shall be subordinate to any Mortgage or other security instrument hereafter placed upon the Leased Premises by Landlord, and to any and all advances made or to be made thereunder, to the interest thereon, and all renewals, replacements and extensions thereof, provided that any such Mortgage or other security instrument (or a separate instrument in recordable form duly executed by the holder of any such Mortgage or other security instrument and delivered to Tenant) shall provide for the recognition of this Lease and all Tenant's ’s rights hereunderhereunder subject to Landlord’s remedies hereunder following an Event of Default or Landlord’s rights to terminate this Lease pursuant to any applicable provision hereof.

Appears in 1 contract

Samples: Lease Agreement (Corporate Property Associates 17 - Global INC)

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Subordination, Non-Disturbance and Attornment. (a) This Lease and Tenant's ’s interest hereunder shall be subordinate to any Mortgage or other security instrument hereafter placed upon the Leased Premises by Landlord, and to any and all advances made or to be made thereunder, to the interest thereon, and all renewals, replacements and extensions thereof, provided that any such Mortgage or other security instrument (or a separate instrument in recordable form duly executed by the holder of any such Mortgage or other security instrument and delivered to Tenant) shall provide for the recognition of this Lease and all Tenant's ’s rights hereunderhereunder subject to Landlord’s remedies hereunder following an Event of Default or Landlord’s rights to terminate this Lease pursuant to any applicable provision hereof. 33.

Appears in 1 contract

Samples: Lease Agreement

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