Understanding Subordination, Non-Disturbance and Attornment Agreements (SNDAs)

Lawyer give his customers signed a contract in the document. Consulting in regard to the various contractsLawyer give his customers signed a contract in the document. Consulting in regard to the various contracts

Understanding Subordination, Non-Disturbance and Attornment Agreements (SNDAs)

September 19, 2024

United States
United States
United States

In this article for Hotel Executive, Eversheds Sutherland Counsel Wendy Hansen and Associate Briana James address the subordination, non-disturbance and attornment agreement or “SNDA,” as a key document in hotel financing that establishes the rights and obligations of the lender vis-à-vis the hotel manager. Their article provides a high-level explanation of each of the components of the SNDA and some insight into the perspectives and positions of each of the lender and hotel manager.

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wendyhansen@eversheds-sutherland.com

Wendy A. Hansen

Counsel

Atlanta, United States

brianajames@eversheds-sutherland.com

Briana A. Burgess

Associate

Atlanta, United States

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