Subordination Requirement. If there is a lien, trust deed or other property interest recorded against the Property, the trustee, lien holder, etc., shall be required to execute a subordination agreement or other acceptable recorded document agreeing to subordinate their interest to the Agreement.
Appears in 16 contracts
Samples: Operations and Maintenance Agreement, Term Stormwater Management Agreement, Management Agreement
Subordination Requirement. If there is a lien, trust deed or other property interest recorded Recorded against the Property, the trustee, lien holder, etc., shall be required to execute a subordination agreement or other acceptable recorded document agreeing to subordinate their interest to the this Agreement.
Appears in 4 contracts
Samples: Stormwater Maintenance Agreement, Stormwater Maintenance Agreement, Stormwater Maintenance Agreement
Subordination Requirement. If there is a lien, trust deed or other property interest recorded against the Property, the trustee, lien holder, etc., shall be required to execute a subordination agreement or other acceptable recorded document agreeing to subordinate their interest to the this Agreement.
Appears in 3 contracts
Samples: Term Stormwater Management Agreement, Term Stormwater Management Agreement, Term Stormwater Management Agreement
