Common use of Compliance of Leasehold Mortgagee Clause in Contracts

Compliance of Leasehold Mortgagee. If a Leasehold --------------------------------- Mortgagee is complying with subsection 4.7.1, upon the acquisition of Developer's Leasehold Estate herein by such Leasehold Mortgagee or its designee or any other purchaser at a foreclosure sale or otherwise this Lease shall continue in full force and effect as if Developer had not defaulted under this Lease.

Compliance of Leasehold Mortgagee. If a Leasehold --------------------------------- Mortgagee is --------------------------------- complying with subsection 4.7.1, 4.7.1 upon the acquisition of Developer's Leasehold Estate herein by such Leasehold Mortgagee or its designee or any other purchaser at a foreclosure sale or otherwise this Lease shall continue in full force and effect as if Developer had not defaulted under this Lease.. //

Compliance of Leasehold Mortgagee. If a Leasehold --------------------------------- Mortgagee is --------------------------------- complying with subsection 4.7.1, 4.7.1 upon the acquisition of Developer's Leasehold Estate herein by such Leasehold Mortgagee or its designee or any other purchaser at a foreclosure sale or otherwise this Lease shall continue in full force and effect as if Developer had not defaulted under this Lease.