Common use of Warranty Against Encumbrances Clause in Contracts

Warranty Against Encumbrances. After the date of this Lease, City will in no way sell, mortgage, convey, encumber or burden the Leased Premises without the prior written consent of Lessee and each Mortgagee, which consent may be granted or withheld in their respective sole discretion. Furthermore, Lessee shall in no event subordinate its interests in this Lease and its interests in any sublease and subrents to any mortgage that may be placed on the fee simple interest in the Leased Premises.

Appears in 4 contracts

Samples: Cooperative Endeavor Lease Agreement, Cooperative Endeavor Lease Agreement, Cooperative Endeavor Lease Agreement

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