Lease Subordination Agreement definition

Lease Subordination Agreement shall have the meaning assigned to such term in the Collateral Trust Agreement.

Lease Subordination Agreement means that agreement between the Owner Lessor, the Owner Participant and the Lease Indenture Trustee, dated as of [ ], 2001.

Lease Subordination Agreement means (whether one or more) those certain Lease Subordination, Non-Disturbance and Attornment Agreements dated of even date herewith, executed by Tenants, Borrowers and Administrative Agent (on behalf of itself and Lenders).

Examples of Lease Subordination Agreement in a sentence

• The Master Lease and the HUD Master Lease Subordination Agreement or Master Lease Subordination Non Disturbance Agreement shall be approved by HUD and the Mortgagee.

• HUD agrees to honor (a) the provisions of Section 4 and 7 of any Master Lease SNDA, and (b) the provisions of Section 5 of the Master Lease SNDA or Master Lease Subordination Agreement, insofar as such sections call for HUD’s consent for the release of the Project from the Master Lease and/or the Loan Documents, on the terms and subject to the limitations set forth in such sections.

• AGREEMENT If, at any time, the Project is subject to a Master Lease, such Master Lease shall be subordinated to the Loan Documents pursuant to the then applicable HUD form of Master Lease Subordination, Non-Disturbance and Attornment Agreement (a “Master Lease SNDA”) or a Master Lease Subordination Agreement (a “Master Lease Subordination Agreement”), as determined by HUD in accordance with Program Obligations.

• HUD agrees to honor (a) the provisions of Section 4 and 7 of any Master Lease SNDA, and (b) the provisions of Section 5 of the Master Lease SNDA or Master Lease Subordination Agreement, insofar as such sections call for HUD’s consent or the release of the Project from the Master Lease, the First Mortgage Documents and/or the Loan Documents, on the terms and subject to the limitations set forth in such sections.

• If, at any time, the Project is subject to a Master Lease, such Master Lease shall be subordinate to First Mortgage Documents and the Loan Documents pursuant to the then applicable HUD form of Supplemental Master Lease Subordination, Non-Disturbance and Attornment Agreement (a “Master Lease SNDA”) or a Supplemental Master Lease Subordination Agreement (a “Master Lease Subordination Agreement”), as determined by HUD in accordance with Program Obligations.

More Definitions of Lease Subordination Agreement

Lease Subordination Agreement means that certain Operating Lease Subordination Agreement, dated as of February 14, 2011, by the TRS Lessee in favor of Lender, as the same may be amended from time to time.

Lease Subordination Agreement the Lease Subordination Agreement, dated as of December __, 2001, among the Owner Lessors, the Owner Participant and the Lease Indenture Trustee.

Lease Subordination Agreement means that agreement between the Owner Lessor, the Owner Participant and the Lease Indenture Trustee, dated as of December 7, 2001.

Lease Subordination Agreement the Lease Subordination Agreement, dated as of December __, 2001, among the Owner Lessors, the Owner Participant and the Lease Indenture Trustee. "MAJORITY IN INTEREST OF OWNER LESSORS": the holders of at least 51% of all Undivided Interests (as defined in any Participation Agreement) still subject to a Facility Lease.

Lease Subordination Agreement means, in the case of any Permitted Lease having a term in excess of thirty (30) days, a subordination agreement in substantially the form of Exhibit N hereto or such other form as may be reasonably agreed by the Administrative Agent.

Lease Subordination Agreement. With respect to any Series Loan, the "Lease Subordination Agreement" described in the Supplement relating to such Series Loan. Lessee: For any Project, the Original Lessee and any Substitute Lessee for such Project.

Lease Subordination Agreement means, in the case of any Permitted Leasehaving a term in excess of thirty (30) days, a subordination agreement in substantially the form of Exhibit N hereto or such other form as may be reasonably agreed by the Administrative Agent.