Modification and Cure Rights of Landlords Mortgagees and Lessors. Tenant, within ten (10) days after request therefor, agrees to execute any reasonable amendments to this Lease which may be requested by any lender or ground lessor of the Project, provided any such amendments do not increase the obligations of Tenant under this Lease or adversely affect the leasehold estate created by this Lease. In the event of any default on the part of Landlord, Tenant will give notice by registered or certified mail to any beneficiary of a deed of trust or mortgage covering the Premises or ground lessor of Landlord whose address has been furnished to Tenant, and Tenant agrees to offer such beneficiary, mortgagee or ground lessor a reasonable opportunity to cure the default (including with respect to any such beneficiary or mortgagee, time to obtain possession of the Premises, subject to this Lease and Tenant's rights hereunder, by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure).
Appears in 5 contracts
Samples: Lease Agreement (Litronic Inc), Early Possession Agreement (Litronic Inc), Lease Agreement (Softlink Inc)
Modification and Cure Rights of Landlords Mortgagees and Lessors. Tenant, within ten (10) days after request therefor, agrees to execute any reasonable amendments to this Lease which may be requested by any lender or ground lessor of the Project, provided any such amendments do not increase the obligations of Tenant under this Lease or adversely affect the leasehold estate created by this Lease. In the event of any default on the part of Landlord, Tenant will give notice by registered or certified mail to any beneficiary of a deed of trust or mortgage covering the Premises or ground lessor of Landlord whose address has been furnished to Tenant, and Tenant agrees to offer such beneficiary, mortgagee or ground lessor a reasonable opportunity to cure the default (including with respect to any such beneficiary or mortgagee, time to obtain possession of the Premises, subject to this Lease and Tenant's ’s rights hereunder, by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure).
Appears in 2 contracts
Samples: Industrial Lease (Sintx Technologies, Inc.), Industrial Lease (Mfic Corp)
Modification and Cure Rights of Landlords Mortgagees and Lessors. Tenant, Tenant within ten (10) days after request therefor, therefor agrees to execute any reasonable amendments to this Lease which may be requested by any lender or ground lessor of the Project, Project provided any such amendments do not increase the obligations of Tenant under this Lease or adversely affect the leasehold estate created by this Lease. In the event of any default on the part of Landlord, Landlord Tenant will give notice by registered or certified mail to any beneficiary of a deed of trust or mortgage covering the The Premises or ground lessor of Landlord whose address has been furnished to Tenant, Tenant and Tenant agrees to offer such beneficiary, mortgagee or ground lessor a reasonable opportunity to cure the The default (including with respect to any such beneficiary or mortgagee, mortgagee time to obtain possession of the Premises, Premises subject to this This Lease and Tenant's rights hereunder, hereunder by power of sale or a judicial foreclosure, foreclosure if such should prove necessary to effect a cure).
Appears in 1 contract
Samples: Lease Agreement (Litronic Inc)
Modification and Cure Rights of Landlords Mortgagees and Lessors. Tenant, within ten (10) days after request therefortherefore, agrees to execute any reasonable amendments to this Lease which may be requested by any lender or ground lessor of the Project, provided any such amendments do not increase the obligations of Tenant under this Lease or adversely affect the leasehold estate created by this Lease. In the event of any default on the part of Landlord, Tenant will give notice by registered or certified mail to any beneficiary of a deed of trust or mortgage covering the Premises or ground lessor of Landlord whose address has been furnished to Tenant, and Tenant agrees to offer such beneficiary, mortgagee or ground lessor a reasonable opportunity to cure the default (including with respect to any such beneficiary or mortgagee, time to obtain possession of the Premises, subject to this Lease and Tenant's ’s rights hereunder, by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure).
Appears in 1 contract
Samples: Multi Tenant Net Commercial Lease (Encore Capital Group Inc)