Examples of SNDA Agreement in a sentence
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.
Tenant, at any time hereafter on demand by Landlord, shall promptly execute and deliver to Landlord, in any event within ten (10) days of such demand, an SNDA Agreement meeting the above criteria or in any other commercially reasonable form.
In addition, Tenant hereby covenants that, prior to the exercise of any such remedies, it will give Landlord’s Mortgagee (as defined in Section 25) notice and an opportunity to cure any default by Landlord not to exceed thirty (30) days after the expiration of Landlord’s opportunity to cure unless otherwise agreed to in the SNDA Agreement (as defined herein).
Any lease, or modification or amendment of lease, which has been so approved by Administrative Agent and the Majority Lenders, and, if so requested by Administrative Agent as to which the tenant has executed an SNDA Agreement, estoppel certificate, or both, acceptable to Administrative Agent, and any lease, or modification or amendment of lease which does not require Administrative Agent’s approval, shall be an “Approved Lease”.