Examples of Landlord Mortgagee in a sentence
The curing of any of Landlord’s defaults by Landlord Mortgagee shall be treated as performance by Landlord.
Notwithstanding anything herein to the contrary, if any Landlord Mortgagee is entitled to any condemnation proceeds, or any portion thereof, under the terms of any Landlord Mortgage, such proceeds shall be applied, held and/or disbursed in accordance with the terms of the Landlord Mortgage.
Landlord Mortgagee shall be an express and intended third party beneficiary of the provisions contained in this Article and of any other provision in this Master Lease expressly requiring the approval or consent of Landlord Mortgagee and shall have the right to enforce such provisions against Tenant.
Under no circumstance may Tenant mortgage or otherwise encumber Tenant’s interest and estate in and to the Property as a whole (the “Leasehold Estate”) or in part under one or more mortgages, deeds of trust or other instruments, except upon the prior written consent of Landlord and Landlord Mortgagee, which may be withheld, conditioned or delayed in Landlord and/or Landlord Mortgagee’s sole discretion.
Tenant shall pay as they become due all premiums for the insurance required by this Article XI, shall renew or replace each policy, and shall deliver to Landlord and Landlord Mortgagee a certificate or other evidence (on an XXXXX 28 (2003/10) form, in the case of property insurance, and otherwise reasonably satisfactory to Landlord) of the existing policy and such renewal or replacement policy at least two Business Days prior to the date that each such insurance policy will expire.