Sentences with phrase «lease subordination agreement»

Not exact matches

«This Tenant Subordination Agreement states that you, as the tenant, agree to subordinate your priority under your lease with the landowner to the Wind Farm Lease and provide your consent for EDF Renewables Development, Inc. and their affiliates to develop and use of the property, as indicated under the terms of the Wind Farm Lease.»

Also, each tenant must subordinate its lease to the lien of our mortgage by executing an acceptable Subordination, Attornment and Non-Disturbance Agreement («SNDA»).

Well - drafted commercial leases require the timely return of tenant estoppel certificates and subordination, non-disturbance and attornment agreements (SNDAs).

If you're borrowing funds which will be secured by a commercial property that you will in turn lease out to tenants, then a subordination, non-disturbance and attornment (SNDA) agreement will be a crucial part of finalizing the deal.