Superior Interests. (a) Each mortgagee or similar party named in any mortgage or similar instrument now existing or hereafter made and encumbering an interest in the Arena superior to that of Licensor (each such mortgage and similar instrument being hereinafter collectively referred to as “Superior Interests”, and the holder of the mortgagee’s and similar party’s interest being hereinafter collectively referred to as “Superior Interest Holders”) shall agree in a commercially reasonable form of instrument that, if it succeeds to the interest of Licensor in the Arena by termination of the Superior Interest by any means, it will recognize the rights and interest of the Knicks under this Agreement to use and occupy the Arena if and as long as a Knicks Default has not occurred and is continuing (which agreement may, at such Superior Interest Holder’s option require attornment by the Knicks), in consideration of which the rights and interests of the Knicks to use and occupy the Arena shall be subject and subordinate to the Superior Interest and to any and all advances to be made therein, and to the interest thereon, and all renewals, replacements and extensions thereof. The Superior Interest Holder may elect that, instead of making this Agreement subject and subordinate to its Superior Interest, the rights and interest of the Knicks under this Agreement shall have priority over the lien of the Superior Interest in question. The Knicks agree that it will, within ten (10) days after demand in writing, execute and deliver such reasonable instruments may be required, either to make this Agreement subject and subordinate to such a Superior Interest (subject to the Superior Interest Holder’s agreement as aforesaid to recognize the rights and interest of the Knicks under this Agreement to use and occupy the Arena if and as long as a Knicks Default has not occurred and is continuing), or to give this Agreement priority over the lien of such Superior Interest, whichever alternative may be elected by the respective Superior Interest Holder.
Superior Interests. If at any time this Lease is an underlease, the Tenant shall comply with the terms of any superior lease to the extent that they relate to the Premises but, for the avoidance of doubt, without being liable to comply with any terms that are more onerous than the terms of this Lease and other than any obligation to pay any rent, and the Landlord shall pay any rent due under the immediate superior lease.
Superior Interests. The Tenant must at all times during the Term permit the Landlord and any person having any estate or interest in the Premises superior to or concurrent with that of the Landlord to:
Superior Interests. This Permit is subject to all liens, encumbrances, covenants, conditions, restrictions, reservations, contracts, permits and licenses, easements, and rights-of-way pertaining to the Permit Area, whether or not of record. PERMITTEE shall obtain all licenses, permits, and agreements from such third parties as may be or become necessary or reasonably advisable to allow its use of the Permit Area, relative to any such superior interest. If PERMITTEE’S use of the Permit Area is or becomes inconsistent or incompatible with a preexisting, superior interest, PERMITTEE shall take such actions and pay all costs and expenses necessary to remove such inconsistency or incompatibility to the satisfaction of the holder of the superior interest.
Superior Interests. All exceptions and reservations out of any lease to which this Lease is inferior, or out of the freehold interest in the Demised Premises.
Superior Interests. To comply with all tenant's covenants (except as to payment of rents or other sums) relating to the Demised Premises and contained or referred to in any lease to which this Lease is inferior and with all covenants affecting the freehold interest in the Demised Premises.
Superior Interests. If any person has an interest in the Premises which is concurrent with or superior to the Lessor’s interest, the Lessee must allow that person to:
Superior Interests. (i) Subject to Section 16(a)(iii), this Lease is subordinate to any mortgage or deed of trust (each, a “Superior Mortgage”) and ground lease or underlying lease (each, a “Superior Lease”) which may now or hereafter encumber the Land and Building and to all renewals, modifications, consolidations, replacements and extensions thereof entered into in accordance with the terms of this Lease. The mortgagee under, or holder, trustee or beneficiary of, (as applicable) a Superior Mortgage is called a “Superior Mortgagee” and the lessor under a Superior Lease is called a “Superior Lessor”.
Superior Interests. 27.5.1 The Resident will at all times during the term of the Licence permit any person having an estate or interest in the Retirement Village Land superior to or concurrent with the Scheme Operator to exercise the Scheme Operator’s or such other person’s powers to enter and view the Accommodation Unit and to carry out repairs, renovations, maintenance and other work therein and otherwise to exercise and perform their lawful rights and obligations in relation to the Accommodation Unit.
Superior Interests. 30 Development................................................................................. 31 Indemnity................................................................................... 31 Covenants in freehold title................................................................. 31
