Examples of Leasehold Mortgagee in a sentence
Under no circumstances shall any lien created, caused or suffered by Tenant or its Leasehold Mortgagee(s) attach to or affect Landlord’s fee title, or expand the rights of a Leasehold Mortgagee or the Tenant or any successor to Tenant beyond those rights provided for in such Leasehold Mortgagee or to Tenant under this Lease.
The rights and privileges hereunder of any Leasehold Mortgagee shall be subject to the rights and privileges of any other Leasehold Mortgagee whose lien has priority over the lien of such Leasehold Mortgage.
Any Person acquiring Tenant’s Interests so sold and assigned by the Leasehold Mortgagee shall be liable to perform the obligations imposed on Tenant by this Lease only with respect to the period such person has ownership of Tenant’s Interests or possession of the Premises subject thereto and only as to that portion of the Premises covered by the Leasehold Mortgage.