Common use of Priority of Mortgages Clause in Contracts

Priority of Mortgages. This Lease Agreement shall automatically and without further act or deed be and remain subject and subordinate to any existing mortgage and any mortgage or mortgages that may hereafter be placed against the Leased Premises, and to all renewals, modifications, consolidations, replacements and extensions thereof. Tenant will execute any estoppel certificates and Subordination and Non-Disturbance Agreements which Landlord may request, provided that the same are in reasonable form.

Appears in 2 contracts

Sources: Merger Agreement (Idx Systems Corp), Merger Agreement (Allscripts Inc /Il)