SUBORDINATION OF THE LEASE Sample Clauses

SUBORDINATION OF THE LEASE. This Lease shall be and is hereby made subject and subordinate to the Mortgage.
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SUBORDINATION OF THE LEASE. This Agreement is subordinate to any mortgage that now exists, or may be given later by the Landlord, with respect to the Premises.
SUBORDINATION OF THE LEASE. The Lease is subject and subordinate to the lien of the Security Document, as to the Property encumbered by the lien of the Security Document. The Security Document includes any renewals, modifications, extensions and amendments thereof and thereto. The advancement of additional monies by Lender, the repayment of which is secured by the Security Document, shall not affect the subordination provided for in this Agreement.
SUBORDINATION OF THE LEASE. As of the Effective Date, the Lease shall be made subject and subordinate to the Deed of Trust.
SUBORDINATION OF THE LEASE. This Lease and the Tenant’s leasehold interest under this Lease, and any extensions, renewals, or modifications of this Lease, are and shall be subject, subordinate, and inferior to any lien or encumbrance now or hereafter placed on the leased Premises by the Landlord, to all advances made under any such lien or encumbrance, to the interest payable on any such lien or encumbrance, and to any and all renewals and extensions of such liens or encumbrances.

Related to SUBORDINATION OF THE LEASE

  • Subordination Each Note shall be subordinated to all indebtedness of the Company to banks, commercial finance lenders, leasing and equipment financing institutions and/or other institutions regularly engaged in the business of lending money.

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