Approval by Lender. Tenant acknowledges that any future holder of an Encumbrance may retain the right to approve the terms and provisions of this Lease. Tenant agrees that, in the event such holder shall require any modification of this Lease in order to protect its security interest in the Premises; provided, however, no modification of this Lease shall materially increase Tenant's obligations under this Lease or impose requirements upon Tenant which are more burdensome.
Appears in 2 contracts
Sources: Lease Agreement (Avanex Corp), Lease Agreement (Avanex Corp)