Agent’s Cure Rights under the Lease Agreement. If there is a default by the Tenant under the Lease Agreement, the Agent, on behalf of the Secured Parties, will have the right (but not the obligation) to, within 30 days of receipt of written Notice from the Landlord of such default, cure any such default and the Landlord will accept any timely (for greater certainty, any cure effected within 30 days of receipt of written Notice shall be deemed to be timely) curative acts made by or on behalf of the Agent, at the direction of the Required Secured Parties, as if they had been made by the Tenant. If, however, the default is of a nature that is not reasonably curable by the Agent (including, without limitation, an Insolvency Event of the Tenant), then so long as the Agent complies with all provisions of the Lease Agreement requiring the payment of money by the Tenant and other provisions that may be performed by the Agent, the Landlord will not terminate or vary the Lease Agreement or the rights of the Tenant under the Lease Agreement. No action by the Agent or the Secured Parties pursuant to this Agreement shall be deemed to be an assumption by the Agent or the Secured Parties of any obligation under the Lease Agreement, and except as expressly provided in this Agreement, the Agent and the Secured Parties shall not have any obligation to the Landlord. Any prohibition on the Agent’s right to cure, whether imposed by law or a court, will extend the Agent’s cure period on a day for day basis.
