Common use of Transfers by Landlord Clause in Contracts

Transfers by Landlord. Landlord shall have the right to subordinate this Lease to any mortgage presently existing or hereafter placed upon the Building by so declaring in such mortgage. In the event of a sale or transfer of such interest (except a mortgage or other transfer as security for a debt), the "

Appears in 3 contracts

Samples: Industrial Lease Agreement (Nucleus Inc), Industrial Lease Agreement (Data Systems & Software Inc), Lease Agreement (Gaiam Inc)

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Transfers by Landlord. Landlord shall have the right to subordinate this Lease to any mortgage presently existing or hereafter placed upon the Building by so declaring in such mortgage. In the event of a sale or transfer of such interest (except a mortgage or other transfer as security for a debt), the "of

Appears in 2 contracts

Samples: Lease Agreement (Asset Acceptance Capital Corp), Lease Agreement (Asset Acceptance Capital Corp)

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