Certain Leases Senior. With respect to those leases listed on Exhibit 8.2.8, hereto, the parties acknowledge that Landlord is, as of the Commencement Date, the lessor thereunder (whether by operation of law or otherwise) and that such leases are, by operation of law, senior to this Lease. Tenant shall perform and comply with all obligations of lessor under such leases and, provided no Event of Default shall have occurred and be continuing, Tenant shall be entitled to the receipt of all amounts payable by the lessees under such leases.
Appears in 3 contracts
Sources: Master Lease Agreement (Vornado Operating Co), Master Lease Agreement (Vornado Operating Co), Master Lease Agreement (Vornado Operating Co)