Extract to table

In no event shall the subordination effected by this Section 2

1 hereof shall be self-operative and no further instrument of subordination shall be required to effectuate such subordination

In the event that Lender fails to cause any such successor lender, assignee, or holder to deliver such an agreement to Tenant, such failure shall not affect the validity of the subordination set forth in Section 2

1, but the non-disturbance protections of Article III shall continue to apply and be binding upon such successor lender, assignee, or holder by virtue of this Agreement

In the event of a Foreclosure Event, the Lease shall not be terminated, extinguished, or cut off as a result of such Foreclosure Event, but rather shall continue in full force and effect as a direct lease between the Successor Landlord, as landlord, and Tenant, as tenant, upon all of the terms, covenants, conditions, and provisions set forth in the Lease (subject to the provisions of Article V hereof), and Tenant's occupancy, possession, and rights under the Lease shall not be disturbed, diminished, or interfered with, so long as no Tenant Default exists at the time of such Foreclosure Event

The foregoing covenant shall be binding upon Lender and any Successor Landlord and shall inure to the benefit of Tenant and its successors and permitted assigns