Common use of Leasehold Mortgagee Need Not Cure Specified Defaults Clause in Contracts

Leasehold Mortgagee Need Not Cure Specified Defaults. Nothing herein contained shall require any Leasehold Mortgagee or its designee as a condition to the exercise of its rights hereunder to cure any default of Tenant not reasonably susceptible of being cured by such Leasehold Mortgagee or its designee.

Appears in 13 contracts

Samples: Lease (Wynn Resorts LTD), Parking Facility Lease (Wynn Resorts LTD), Lease Agreement (Wynn Resorts LTD)

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