Landlord Subordination Agreement definition

Landlord Subordination Agreement. A landlord subordination agreement in form and substance reasonably satisfactory to the Lender, executed by a landlord of any leased real property.
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Landlord Subordination Agreement has the meaning set forth in Section 16.7.
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Landlord Subordination Agreement means an agreement with a landlord of any location where any Property subject to the Lien of a Security Instrument is located, and being substantially in the form of Exhibit J attached to the First Amendment."
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Examples of Landlord Subordination Agreement in a sentence

  • The easiest way for a Landlord to protect itself in negotiations is to require the Tenant Lender to use the Landlord’s form Landlord Subordination Agreement and to refuse to depart from it in any way.

  • Before signing a Landlord Subordination Agreement, a Landlord should consider if it is really willing to subordinate its lien in every piece of Collateral.

  • Within ninety (90) days of the date of this Agreement, Borrower shall cause the landlord under each lease for each of its business locations to execute and deliver to Bank a Landlord Subordination Agreement (herein so called) in form and substance reasonably satisfactory to Bank.

  • You should get legal advice if your compensation claim is more than $25,000.

  • Until such Landlord Subordination Agreements have been received, Bank shall place a reserve against advances of Inventory equal to six (6) times the monthly rental requirement for each location for which a Landlord Subordination Agreement has not been received.

  • Also on April 30, 2012, Plaintiff, Defendant, and Borrowers executed a Landlord Subordination Agreement in which Defendant agreed, among other things, that if Borrowers defaulted on the Loan Agreement, Defendant would “(a) subordinate [Defendant’s] right to payments from Borrower[s] to [Plaintiff’s] right topayments under the Loan Agreement; (b) hold in trust all payments received from Borrower[s]; and (3) [sic] promptly pay to [Plaintiff] any payments received from Borrower[s].” Compl.


More Definitions of Landlord Subordination Agreement

Landlord Subordination Agreement means each of the Landlord Subordination Agreements executed by Borrower and the applicable landlord with respect to each leased location where Borrower or any Subsidiary maintains Collateral, each in form and substance acceptable to Administrative Agent.
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Related to Landlord Subordination Agreement

  • Management Fee Subordination Agreement means that certain Amended and Restated Management Fee Subordination Agreement, dated as of the Closing Date, by and between the Sponsor and Agent and acknowledged by the Borrower.

  • Affiliate Subordination Agreement means an Affiliate Subordination Agreement in the form of Exhibit F pursuant to which intercompany obligations and advances owed by any Loan Party are subordinated to the Obligations.

  • Intercompany Subordination Agreement means an intercompany subordination agreement, dated as of even date with this Agreement, executed and delivered by each Loan Party and each of its Subsidiaries, and Agent, the form and substance of which is reasonably satisfactory to Agent.

  • Subordination Agreements means all subordination agreements executed by a holder of Subordinated Debt in favor of the Administrative Agent and the Lenders from time to time after the Closing Date.

  • Subordination Agreement means any subordination or intercreditor agreement(s) entered into with respect to any subordinate financing related to the Project, as the same may be amended, supplemented or restated.

  • Easement Agreement means any conditions, covenants and restrictions, easements, declarations, licenses and other agreements which are Permitted Encumbrances and such other agreements as may be granted in accordance with Section 19.1.

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Property Management Agreement means any Property Management Agreement between the Company and the Property Manager.

  • Bailee Agreement means a Bailee Agreement among Seller, Buyer and Bailee in the form of Exhibit IV hereto.

  • Landlord Access Agreement means a Landlord Access Agreement, substantially in the form of Exhibit G, or such other form as may reasonably be acceptable to the Administrative Agent.

  • Landlord Waiver means a letter in form and substance reasonably acceptable to the Administrative Agent and executed by a landlord in respect of Inventory of a Loan Party located at any leased premises of a Loan Party pursuant to which such landlord, among other things, waives or subordinates on terms and conditions reasonably acceptable to the Administrative Agent any Lien such landlord may have in respect of such Inventory.

  • Concession Agreement means this Agreement, its Recitals, the Schedules hereto and any amendments thereto made in accordance with the provisions contained in this Agreement;

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Construction Agreement as used in this subsection means an agreement between Seller and any contractor or subcontractor to install the System;

  • Landlord Agreement means an agreement substantially in the form provided by Lender to Borrower or such other form as Lender may agree to accept.

  • Lien Waiver Agreement means an agreement which is executed in favor of Agent by a Person who owns or occupies premises at which any Collateral may be located from time to time and by which such Person shall waive any Lien that such Person may ever have with respect to any of the Collateral and shall authorize Agent from time to time to enter upon the premises to inspect or remove the Collateral from such premises or to use such premises to store or dispose of such Inventory.

  • Lease Guaranty A guaranty of certain obligations of Tenant under this Lease executed and delivered by each Guarantor substantially in the form of Exhibit G annexed hereto.

  • Management Agreement means the agreement to be entered into between the Borrower and the Manager providing for the ship management and crewing services of the Vessel, such agreement to be in the form and on the terms and conditions required by the Agent;

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Subordination Provisions has the meaning specified in Section 8.01(l).

  • Consent Agreement means this Consent Agreement, duly signed and concluded between the Commission and the Respondent, as contemplated in section 40(1) of the Act.

  • Construction Agreements means agreements to which Tenant is a party for Construction Work, rehabilitation, alteration, repair, replacement or demolition performed pursuant to this Lease.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Tax Indemnity Agreement means the Tax Indemnity Agreement, dated as of even date with the Participation Agreement, between Lessee and Owner Participant.