SNDA Agreement definition

SNDA Agreement means (i) the form of Subordination, Non-Disturbance, and Attornment Agreement attached hereto as Exhibit K, (ii) any form attached to a Major Lease currently in effect or which has been approved by the Administrative Agent pursuant to the terms of this Agreement or (iii) such other form as is reasonably satisfactory to the Administrative Agent.

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SNDA Agreement has the meaning set forth in Section 6.11(d).

SNDA Agreement means the Lease Subordination, Non-Disturbance and Attornment Agreement dated as of the Closing Date among the Lessor, Lessee and the Indenture Trustee.

Examples of SNDA Agreement in a sentence

• The Administrative Agent (on behalf of the Lenders) shall, if requested by the Borrower, and as a condition to a tenant’s obligation to subordinate its lease (if necessary or if requested by the Borrower) or attorn, enter into an SNDA Agreement with such tenant (with such commercially reasonable changes thereto as may be requested by such tenant).

• Any dispute by Tenant that the form of the Superior Mortgagee SNDA Agreement utilized by the Superior Mortgagee does not meet the requirements set forth in this Section 5.03(b) shall be resolved by arbitration pursuant to Article 37.

• Tenant agrees, upon receipt of an SNDA Agreement, to execute such SNDA Agreement and such further reasonable instrument(s) as may be necessary to so subordinate this Lease.

• Tenant agrees, upon receipt of such SNDA Agreement, to execute such SNDA Agreement and such further reasonable instruments) as may be necessary to so subordinate this Lease.

• Landlord shall have no liability to Tenant for its failure to obtain any such SNDA Agreement.

More Definitions of SNDA Agreement

SNDA Agreement means the Subordination, Non-Disturbance and Attornment Agreement among the Mortgagee, the Tenant and the Company.

SNDA Agreement means the Subordination, Non-Disturbance and Attornment Agreement dated as of July 1, 1997 among the Company, the Initial Purchasers and the Tenant.

SNDA Agreement means the Subordination, Non-Disturbance and Attornment Agreement dated as of July 1, 1997 among the Mortgagee and the Tenant and acknowledged and agreed to by the Company and the Guarantor under the Guaranty Agreement.

SNDA Agreement will have the meaning set forth in Section 15.1.

SNDA Agreement shall have the meaning ascribed to such term in Section 5.05(a);

SNDA Agreement means the Lease Subordination, Non-Disturbance and Attornment Agreement dated as of June 1, 2000 among the Lessor, Lessee, the Head Lessor and the Agent.

SNDA Agreement means an agreement between Landlord, Tenant and Lender reasonably acceptable to Tenant, which provides, among other things, that, so long as Tenant is paying the rent due under the Lease and is not otherwise in default under the Lease beyond any applicable cure period, its right to possession and the other terms of the Lease shall remain in full force and effect. The SNDA Agreement may provide that (a) neither mortgagee nor any successor-in-interest shall be bound by (i) any payment of the Monthly Installment of Rent or additional rent or other sum due under this Lease for more than one (1) month in advance and (b) neither mortgagee nor any successor-in-interest will be liable for the return of any security deposit, except to the extent such deposits have been received by mortgagee. Any SNDA Agreement shall expressly provide that (i) upon any party succeeding to the interest of Landlord under this Lease, such party shall be liable for the payment of any unpaid portion of the Allowance (as defined in the Work Letter), (ii) the provisions of this Lease regarding any Casualty or Condemnation (each as hereinafter defined) and the adjustment, negotiation, settlement and payment of any Net Award (as hereinafter defined) shall control not withstanding any conflicting provisions in the Mortgage, and (iii) upon any party succeeding to the interest of Landlord under this Lease, any accumulated amounts which Tenant may have to set-off against rent and other amounts due under this Lease pursuant to Section 19.8 below shall continue in full force and effect and be binding against such party and Tenant shall have the continued right to set-off such amounts against rent and other amounts due under this Lease. Notwithstanding the foregoing, in no event shall the Purchase Options and Right of First Offer be subordinate to the lien of any Mortgage and Tenant shall not be required to subordinate the Purchase Options and Right of First Offer to the lien of any Mortgage. Landlord represents and warrants that as of the Commencement Date, the only Lender having a Mortgage is ▇▇▇▇▇ Fargo Bank, N.A.