Common use of Tenant Financing Clause in Contracts

Tenant Financing. Tenant shall have the absolute right from time to time during the Term hereof and without Landlord's further approval, written or otherwise, to grant and assign a mortgage or other security interest in Tenant's interest in this Lease and all of Tenant's Property to Tenant's lenders in connection with Tenant's financing arrangements. Landlord agrees to execute such amendments, confirmation, certificates and other documents as Tenant's lenders may reasonably request in connection with any such financing.

Appears in 3 contracts

Samples: Industrial Lease (MST Enterprises Inc), Industrial Lease (MST Enterprises Inc), Industrial Lease (MST Enterprises Inc)

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Tenant Financing. Tenant shall have the absolute right from time to time during the Term hereof and without Landlord's ’s further approval, written or otherwise, to grant and assign a mortgage or other security interest in Tenant's ’s interest in this Lease and all of Tenant's ’s Property to Tenant's ’s lenders in connection with Tenant's ’s financing arrangements. Landlord agrees to execute such amendments, confirmation, certificates and other documents (except amendments to this Lease unless Landlord hereafter consents) as Tenant's ’s lenders may reasonably request in connection with any such financing.

Appears in 1 contract

Samples: Trans World Entertainment Corp

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Tenant Financing. Tenant shall have the absolute right from time to time during the Term hereof and without Landlord's further approval, written or otherwise, to grant and assign a mortgage or other security interest in Tenant's interest in this Lease and all of Tenant's Property ’s personal property located within the Premises to Tenant's its lenders in connection with Tenant's ’s financing arrangements, and any lien of Landlord against Tenant’s personal property (whether by statute or under the terms of this Lease) shall be subject and subordinate to such security interest. Landlord agrees to shall execute such amendments, confirmation, certificates and other documents as Tenant's ’s lenders may reasonably request in connection with any such financing.

Appears in 1 contract

Samples: Lease Agreement (Intermountain Community Bancorp)

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