Additional Lender Assurances Sample Clauses

Additional Lender Assurances. To facilitate any financing or refinancing by Lessee which involves the hypothecation of ▇▇▇▇▇▇’s leasehold estate created by this Lease and rights hereunder, Lessor, if requested so to do by ▇▇▇▇▇▇, agrees to join in executing any instruments, including, without limitation, amendments to this Lease, which legal counsel for any lender which is or may become a lender and the holder of a security instrument may reasonably request to grant to the lender the right to act for Lessee in enforcing or exercising any of Lessee’s rights or remedies under this Lease, provided that in no event shall Lessor be required to incur any personal liability for the repayment of any obligations secured by any such hypothecation of the leasehold estate of Lessee nor to subordinate Lessor’s rights and reversionary interests in and to the Premises to any such hypothecation nor shall any such instrument adversely affect Lessor’s rental, Lessee’s payment of taxes, assessments, insurance and/or Lessee’s payment or performance of other obligations under this Lease or otherwise diminish or reduce Lessor’s rights under this Lease (including without limitation, Lessor’s rights under this Article).
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Additional Lender Assurances. In order to facilitate any financing or refinancing by Lessee which involves the hypothecation of Lessee’s Leasehold Estate created by this Lease and rights hereunder, Lessor, if requested so to do by ▇▇▇▇▇▇, agrees to join in executing any instruments, including, without limitation, amendments to this Lease, which legal counsel for any Leasehold Mortgagee which is or may become a lender and the holder of a security instrument may reasonably require in order to grant to the Leasehold Mortgagee or prospective Leasehold Mortgagee the right to act for Lessee in enforcing or exercising any of Lessee’s rights or remedies under this Lease, provided that in no event shall Lessor be required to incur any personal liability for the repayment of any obligations secured by any such hypothecation of the Leasehold Estate of Lessee nor to subordinate the Lessor’s rights and reversionary interests in and to the Premises to any such hypothecation nor shall any such instrument adversely affect Lessor’s rental, Lessee’s payment of taxes, assessments, insurance and/or Lessee’s payment or performance of other obligations under this Lease or otherwise diminish or reduce Lessor’s rights under this Lease (including without limitation, Lessor’s rights under this Article), except in a de minimis manner.
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Related to Additional Lender Assurances

  • Additional Borrowers (a) The Parent may from time to time designate one or more wholly-owned Subsidiaries of Parent organized in the United States as an Additional Borrower by delivering to the Agent: (i) all documentation and other customary information required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including, without limitation, the Patriot Act, that the Agent or any Lender has reasonably requested, including, if such Subsidiary qualifies as a “legal entity customer” under the Beneficial Ownership Regulation, a Beneficial Ownership Certification in relation to such Subsidiary, without any written objection submitted by any Lender or the Agent within five (5) Business Days of its receipt of such documentation and other information; (ii) solely to the extent such Subsidiary is not already a Loan Party, (A) all documents, joinders, supplements, updated schedules, instruments, certificates and agreements and all other actions and information, then required by or in respect of such Subsidiary by Section 5.11 or by the Guaranty and Security Agreement (without giving effect to any grace periods for delivery of such items, the updating of such information or the taking of such actions), (B) a customary opinion of counsel of such Subsidiary and (C) a customary secretary’s certificate attaching such documents as were delivered by the existing Borrowers on the Closing Date; (iii) promissory notes in respect of such Subsidiary in its capacity as Additional Borrower in favor of any Lender requesting such promissory notes, in form and substance consistent with the notes (if any) provided by the existing Borrowers as of the Closing Date; and (iv) a joinder agreement in form and substance reasonably satisfactory to the Agent whereby such Subsidiary becomes party hereto as a Borrower. (b) The designation of any wholly-owned Subsidiary of Parent organized in the United States as an Additional Borrower shall only be effective two (2) Business Days following the delivery of the documents set forth in, and satisfaction of the requirements of, Section 2.2(a).