Examples of Subordination in a sentence
Lessor shall cooperate with Lessee to obtain a Subordination, Non-Disturbance and Attornment Agreement (an “SNDA”) from each lienholder which provides on terms reasonably acceptable to Lessee that the lien and rights of the lienholder shall be subordinate to this Lease.
Notary Public in and for the State of Texas ACCEPTED: City of Georgetown, Grantee Xxxx Xxxx, Mayor ATTEST: Dated: Xxxxx Xxxxxxxx, City Secretary APPROVED AS TO FORM: Dated: Dated: , Assistant City Attorney Consent and Subordination by Xxxxxxxxxx R Bank of Texas, a Texas state bank of 0000 X.
If at any time Xxxxxx has a loan that is secured by a lien of a mortgage or deed of trust encumbering the Building, Lessor shall cause the lender(s) holding the lien to execute and deliver to County a Subordination, Non-Disturbance and Attornment Agreement that is in substantial conformity with Exhibit C.