Common use of Tenant's Right to Mortgage its Leasehold Clause in Contracts

Tenant's Right to Mortgage its Leasehold. Tenant may, subject to Article 15 and Section 6.6 hereof, assign its interest in this Agreement to a Lending Institution as collateral for Indebtedness, provided, however, any security interests in any property of Tenant, including without limitation Tenant's leasehold interest in the Collective Leased Properties, shall be expressly and fully subordinated to this Agreement and to the interest of Landlord in the Collective Leased Properties and to the rights of any then or thereafter existing Facility Mortgagee.