Document ID: 14775

Text:
hereafter affect the Leased Property or any portion thereof or interest therein and in each case to all renewals, modifications, consolidations, replacements, restatements and extensions thereof or any parts or portions thereof; provided, however, that the subordination of this Lease and Tenants leasehold interest hereunder to any new Fee Mortgage made after the date hereof, shall be conditioned upon the execution and delivery to Tenant by the respective Fee Mortgagee of a commercially reasonable subordination, nondisturbance and attornment agreement, which will bind Tenant and such Fee Mortgagee and its successors and assigns as well as any person who acquires any portion of the Leased Property in a foreclosure or similar proceeding or in a transfer in lieu of any such foreclosure or a successor owner of the Leased Property (each, a Foreclosure Purchaser) and which shall provide, among other things, that so long as there is no outstanding and continuing Tenant Event of Default under this Lease (or, if there is a continuing Tenant Event of Default, subject to the rights granted to a Permitted Leasehold Mortgagee as expressly set forth in this Lease), the holder of such Fee Mortgage, and any Foreclosure Purchaser shall not disturb Tenants leasehold interest or possession of the Leased Property, subject to and in accordance with the terms hereof, and shall give effect to this Lease, including, but not limited to, the provisions of Article XVII which benefit any Permitted Leasehold Mortgagee (as if such Fee Mortgagee or Foreclosure Purchaser were the landlord under this Lease (it being understood that if a Tenant Event of Default has occurred and is continuing at such time, such parties shall be subject to the terms and provisions hereof concerning the exercise of rights and remedies upon such Tenant Event of Default including the provisions of Articles XVI, XVII and XXVI)). In connection with the foregoing and at the request of Landlord, Tenant shall promptly execute a subordination, nondisturbance and attornment agreement that contains commercially reasonable provisions, terms and conditions, in all events complying with this Section31.1 (it being understood that a subordination, non-disturbance and attornment agreement substantially in the form executed by Tenant and the Fee Mortgagee in connection with the Existing Fee Mortgage shall be deemed to satisfy this Section). In connection with any subsequent Fee Mortgage after the date hereof, as a condition to the Fee Mortgagee holding any of the Fee Mortgage Reserve Accounts, Tenant and such Fee Mortgagee shall have entered into a subordination, nondisturbance and attornment agreement as provided in this Section31.1(a).

Named Entities:
55
56
Title
82
87
Title
256
257
Regulation
327
332
Regulation

Tokenized Text:
hereafter
affect
the
Leased
Property
or
any
portion
thereof
or
interest
therein
and
in
each
case
to
all
renewals
,
modifications
,
consolidations
,
replacements
,
restatements
and
extensions
thereof
or
any
parts
or
portions
thereof
;
provided
,
however
,
that
the
subordination
of
this
Lease
and
Tenants
leasehold
interest
hereunder
to
any
new
Fee
Mortgage
made
after
the
date
hereof
,
shall
be
conditioned
upon
the
execution
and
delivery
to
Tenant
by
the
respective
Fee
Mortgagee
of
a
commercially
reasonable
subordination
,
nondisturbance
and
attornment
agreement
,
which
will
bind
Tenant
and
such
Fee
Mortgagee
and
its
successors
and
assigns
as
well
as
any
person
who
acquires
any
portion
of
the
Leased
Property
in
a
foreclosure
or
similar
proceeding
or
in
a
transfer
in
lieu
of
any
such
foreclosure
or
a
successor
owner
of
the
Leased
Property
(
each
,
a
Foreclosure
Purchaser
)
and
which
shall
provide
,
among
other
things
,
that
so
long
as
there
is
no
outstanding
and
continuing
Tenant
Event
of
Default
under
this
Lease
(
or
,
if
there
is
a
continuing
Tenant
Event
of
Default
,
subject
to
the
rights
granted
to
a
Permitted
Leasehold
Mortgagee
as
expressly
set
forth
in
this
Lease
)
,
the
holder
of
such
Fee
Mortgage
,
and
any
Foreclosure
Purchaser
shall
not
disturb
Tenants
leasehold
interest
or
possession
of
the
Leased
Property
,
subject
to
and
in
accordance
with
the
terms
hereof
,
and
shall
give
effect
to
this
Lease
,
including
,
but
not
limited
to
,
the
provisions
of
Article
XVII
which
benefit
any
Permitted
Leasehold
Mortgagee
(
as
if
such
Fee
Mortgagee
or
Foreclosure
Purchaser
were
the
landlord
under
this
Lease
(
it
being
understood
that
if
a
Tenant
Event
of
Default
has
occurred
and
is
continuing
at
such
time
,
such
parties
shall
be
subject
to
the
terms
and
provisions
hereof
concerning
the
exercise
of
rights
and
remedies
upon
such
Tenant
Event
of
Default
including
the
provisions
of
Articles
XVI
,
XVII
and
XXVI
)
)
.
In
connection
with
the
foregoing
and
at
the
request
of
Landlord
,
Tenant
shall
promptly
execute
a
subordination
,
nondisturbance
and
attornment
agreement
that
contains
commercially
reasonable
provisions
,
terms
and
conditions
,
in
all
events
complying
with
this
Section31
.
1
(
it
being
understood
that
a
subordination
,
non-disturbance
and
attornment
agreement
substantially
in
the
form
executed
by
Tenant
and
the
Fee
Mortgagee
in
connection
with
the
Existing
Fee
Mortgage
shall
be
deemed
to
satisfy
this
Section
)
.
In
connection
with
any
subsequent
Fee
Mortgage
after
the
date
hereof
,
as
a
condition
to
the
Fee
Mortgagee
holding
any
of
the
Fee
Mortgage
Reserve
Accounts
,
Tenant
and
such
Fee
Mortgagee
shall
have
entered
into
a
subordination
,
nondisturbance
and
attornment
agreement
as
provided
in
this
Section31
.
1
(
a
)
.