Common use of Lender’s Right to Prevent Forfeiture Clause in Contracts

Lender’s Right to Prevent Forfeiture. Lender may do any act required of Tenant to prevent forfeiture of Tenant’s leasehold interest; all such acts are as effective to prevent a forfeiture of Tenant’s rights under this Lease as if done by Tenant.

Appears in 4 contracts

Samples: Ground Lease (Andeavor), Ground Lease (Tesoro Logistics Lp), Ground Lease (Tesoro Logistics Lp)

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Lender’s Right to Prevent Forfeiture. 9.04 Lender may do any act required of Tenant to prevent forfeiture of Tenant’s leasehold interest; all such acts are as effective to prevent a forfeiture of Tenant’s rights under this Lease as if done by Tenant.

Appears in 1 contract

Samples: Lease Agreement (Tesoro Logistics Lp)

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