Common use of Tenant’s Attornment Upon Foreclosure Clause in Contracts

Tenant’s Attornment Upon Foreclosure. Tenant shall, upon request, attorn (i) to any purchaser of the Building or the Property at any foreclosure sale or private sale conducted pursuant to any security instrument encumbering the Building or the Property, (ii) to any grantee or transferee designated in any deed given in lieu of foreclosure of any security interest encumbering the Building or the Property, or (iii) to the lessor under any underlying ground lease of the land underlying the Building or the Property, should such ground lease be terminated; provided that such purchaser, grantee or lessor recognizes Tenant's rights under this Lease.

Appears in 6 contracts

Samples: Acceptance Agreement (Atroad Inc), Acceptance Agreement (Atroad Inc), Acceptance Agreement (Efficient Networks Inc)

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Tenant’s Attornment Upon Foreclosure. Tenant shall, upon request, attorn (i) to any purchaser of the Building or the Property at any foreclosure sale or private sale conducted pursuant to any security instrument encumbering the Building or the PropertyBuilding, (ii) to any grantee or transferee designated in any deed given in lieu of foreclosure of any security interest encumbering the Building or the PropertyBuilding, or (iii) to the lessor under any underlying ground lease of the land underlying the Building or the PropertyBuilding, should such ground lease be terminated; provided that such purchaser, grantee or lessor recognizes Tenant's rights under this Lease.

Appears in 6 contracts

Samples: Lease (Quantenna Communications Inc), Lease (Quantenna Communications Inc), Sublease (Va Software Corp)

Tenant’s Attornment Upon Foreclosure. Tenant shall, upon request, attorn (i) to any purchaser of the Building or the Property at any foreclosure sale or private sale conducted pursuant to any security instrument encumbering the Building or the Property, (ii) to any grantee or transferee designated in any deed given in lieu of foreclosure of any security interest encumbering the Building or the Property, or (iii) to the lessor under any underlying ground lease of the land underlying the Building or the Property, should such ground lease be terminated; provided that such purchaser, grantee or lessor recognizes Tenant's ’s rights under this Lease.

Appears in 5 contracts

Samples: Industrial Space Lease (Corsair Gaming, Inc.), Corsair Gaming, Inc., Acceptance Agreement (Lexar Media Inc)

Tenant’s Attornment Upon Foreclosure. Tenant shall, upon request, attorn (i) to any purchaser of the Building or the Property at any foreclosure sale or private sale conducted pursuant to any security instrument encumbering the Building or the PropertyBuilding, (ii) to any grantee or transferee designated in any deed given in lieu of foreclosure of any security interest encumbering the Building or the PropertyBuilding, or (iii) to the lessor under any underlying ground lease of the land underlying the Building or the PropertyBuilding, should such ground lease be terminated; provided that such purchaser, grantee or lessor recognizes Tenant's ’s rights under this Lease.

Appears in 3 contracts

Samples: Industrial Space Lease (Silicon Graphics International Corp), Sublease (@Road, Inc), Acceptance Agreement (Rackable Systems, Inc.)

Tenant’s Attornment Upon Foreclosure. Tenant shall, upon request, attorn (i) to any purchaser of the Building or the Property at any foreclosure sale or private sale conducted pursuant to any security instrument encumbering the Building or the PropertyBuilding, (ii) to any grantee or transferee designated in any deed deal given in lieu of foreclosure of any security interest encumbering the Building or the PropertyBuilding, or (iii) to the lessor under any underlying ground lease of the land underlying the Building or the PropertyBuilding, should such ground lease be terminated; provided that such purchaser, grantee or lessor recognizes Tenant's tenant’s rights under this Lease.

Appears in 1 contract

Samples: Acceptance Agreement (ArcSoft, Inc.)

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Tenant’s Attornment Upon Foreclosure. Tenant shall, upon request, attorn (i) to any purchaser of the Building or the Property at as any foreclosure sale or private sale conducted pursuant to any security instrument encumbering the Building or the PropertyBuilding, (ii) to any grantee or transferee designated in any deed given in lieu of foreclosure of any security interest encumbering the Building or the PropertyBuilding, or (iii) to the lessor under any underlying ground lease of the land underlying the Building or the PropertyBuilding, should such ground lease be terminated; provided that such purchaser, grantee or lessor recognizes Tenant's rights under this Lease.

Appears in 1 contract

Samples: Acceptance Agreement (Virage Logic Corp)

Tenant’s Attornment Upon Foreclosure. Tenant shall, upon request, attorn (i) to any purchaser of the Building or the Property at any foreclosure sale or private sale conducted pursuant to any security instrument encumbering the Building or the Property, (ii) to any grantee or transferee designated in any deed given in lieu of foreclosure of any security interest encumbering the Building or the Property, or (iii) to the lessor under any underlying ground lease of the land underlying the Building or the Property, Property should such ground lease be terminated; provided that such purchaser, grantee or lessor recognizes Tenant's rights under this Lease.

Appears in 1 contract

Samples: Industrial Space Lease (Gatefield Corp)

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