Common use of Lender Protection Clause in Contracts

Lender Protection. In the event of any default on the part of the Landlord, Tenant will give notice by certified mail to any Lender who shall have requested, in writing, to Tenant that it be provided with such notice, and Tenant shall offer such Lender a reasonable opportunity to cure the default, including time to obtain possession of the Leased Premises by power of sale of judicial foreclosure or other appropriate legal proceedings if reasonably necessary to effect a cure.

Appears in 3 contracts

Samples: Industrial Space Lease (Adeza Biomedical Corp), Industrial Space Lease (Adeza Biomedical Corp), Net Industrial Space Lease (Adeza Biomedical Corp)

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Lender Protection. In the event of any default on the part of the Landlord, Tenant will give notice by registered or certified mail to any Lender who whose address shall have requested, in writing, to Tenant that it be provided with such noticebeen furnished it, and Tenant shall offer such Lender a reasonable opportunity to cure the default, including time to obtain possession of the Leased Premises by power of sale of or judicial foreclosure or other appropriate legal proceedings foreclosure, if reasonably such should prove necessary to effect a cure.

Appears in 2 contracts

Samples: Sublease Agreement (Wink Communications Inc), Sublease Agreement (Wink Communications Inc)

Lender Protection. In the event of any default on the part of the ----------------- Landlord, Tenant will give notice by certified registered mail to any Lender who shall have requestedwhose name, in writingif any, has been provided to Tenant that it be provided with such notice, and Tenant shall offer such Lender a reasonable opportunity to cure the default, including time to obtain possession of the Leased Premises by power of sale of or judicial foreclosure or other appropriate legal proceedings proceedings, if reasonably such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Lease Agreement (Pixtech Inc /De/)

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Lender Protection. In the event of any default on the part of the Landlord, . ----------------- Tenant will shall give notice by registered or certified mail to any Lender who whose address shall have requested, in writing, to Tenant that it be provided with such noticebeen furnished it, and Tenant shall offer such Lender a reasonable opportunity to cure the default, including time to obtain possession of the Leased Premises by power of sale of or judicial foreclosure or other appropriate legal proceedings foreclosure, if reasonably such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Lease (Pilot Network Services Inc)

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