Common use of Mortgagee and Ground Lessor Protection Clause in Contracts

Mortgagee and Ground Lessor Protection. Tenant agrees to give any holder of any Mortgage and any ground lessor (as such terms are defined in Section 21 hereof), by registered or certified mail, a copy of any notice of default served upon the Landlord by Tenant, provided that prior to such notice, Tenant has been notified in writing (by way of service on Tenant of a copy of an Assignment of Rents and Leases, or otherwise) of the address of such Mortgage holder or ground lessor (the "Notified Party"). Tenant further agrees that if Landlord shall have failed to cure such default within twenty (20) days after such notice to Landlord (or if such default cannot be cured or corrected within that time, then such additional time as may be necessary if Landlord has commenced within such twenty (20) days and is diligently pursuing the remedies or steps necessary to cure or correct such default), then the Notified Party shall have an additional thirty (30) days within which to cure or correct such default (or if such default cannot be cured or corrected within that time, then such additional time as may be necessary if the Notified Party has commenced within such thirty (30) days and is diligently pursuing the remedies or steps necessary to cure or correct such default including the time necessary to obtain possession if possession is necessary to cure or correct such default). Until the time allowed, as aforesaid, for the Notified Party to cure such default has expired without cure, Tenant shall have no right to and shall not terminate this Lease on account of Landlord's default.

Mortgagee and Ground Lessor Protection. Tenant agrees to give any holder of any Mortgage First Mortgagee and any ground lessor (as such terms are defined in Section 21 hereof)Ground Lessor, by registered or certified mail, a copy of any notice or claim of default served upon the Landlord by Tenant, provided that prior to such notice, notice Tenant has been notified in writing (by way of service on Tenant of a copy of an Assignment assignment of Rents and LeasesLandlord’s interests in leases, or otherwise) of the address of such Mortgage holder First Mortgagee or ground lessor Ground Lessor (hereinafter the "“Notified Party"”). Tenant further agrees that if Landlord shall have failed to cure such default within twenty (20) days after such notice to Landlord (or if such default cannot be he cured or corrected within that time, then such additional time as may be necessary if Landlord has commenced within such twenty (20) days and is diligently pursuing the remedies or steps necessary to cure or correct such default), then the Notified Party shall have an additional thirty (30) days within which to cure or correct such default (or if such default cannot be cured or corrected within that time, then such additional time as may be necessary if the such Notified Party has commenced within such thirty (30) days and is diligently pursuing the remedies or steps necessary to cure or correct such default default, including the time necessary to obtain possession if possession is necessary to cure or correct such default). Until the time allowed, as aforesaid, for the Notified Party to cure such default has expired without cure, ) before Tenant shall may exercise any right or remedy which it may have no right to and shall not terminate this Lease on account of any such default of Landlord's default.

Mortgagee and Ground Lessor Protection. Tenant agrees to give any holder of any Mortgage First Mortgagee and any ground lessor (as such terms are defined in Section 21 hereof)Ground Lessor, by registered or certified mail, a copy of any notice or claim of default served upon the Landlord by Tenant, provided that prior to such notice, notice Tenant has been notified in writing (by way Coy xxx of service on Tenant of a copy of an Assignment assignment of Rents and LeasesLandlord's interests in leases, or otherwise) of Of the address of such Mortgage holder First Mortgagee or ground lessor Ground Lessor (hereinafter the "Notified Party"). Tenant further agrees that if Landlord shall have failed to cure such default within twenty (20) days after such notice to Landlord (or if such default cannot be cured or corrected within that time, then such additional time as may be necessary if Landlord has commenced within such twenty (20) days and is diligently pursuing the remedies or steps necessary to cure or correct such default), then the Notified Party shall have an additional thirty (30) days within which to cure or correct such default (or if such default cannot be cured or corrected within that time, then such additional time as may be necessary if the such Notified Party has commenced within such thirty (30) days and is diligently pursuing the remedies or steps necessary to cure or correct such default default, including the time necessary to obtain possession if possession is necessary to cure or correct such default). Until the time allowed, as aforesaid, for the Notified Party to cure such default has expired without cure, ) before Tenant shall may exercise any right or remedy which it may have no right to and shall not terminate this Lease on account of any such default of Landlord's default.

Mortgagee and Ground Lessor Protection. Tenant agrees to give any holder of any Mortgage and any ground lessor (as such terms are defined in Section 21 hereof)Mortgagee, by registered or certified mail, a copy of any notice of default served upon the Landlord by Tenant, provided that prior to such notice, notice Tenant has been notified in writing (by way of service on Tenant of a copy of an Assignment of Rents and Leases, or otherwise) of the address of such Mortgage holder or ground lessor Mortgagee (hereafter the "Notified Party"). Tenant further agrees that if Landlord shall have failed to cure such default within twenty (20) days after such notice to Landlord (or if such default cannot be cured or corrected within that time, then such additional time as may be necessary if Landlord has commenced within such twenty (20) days and is diligently pursuing the remedies or steps necessary to cure or correct such default), then the Notified Party shall have an additional thirty (30) days within which to cure or correct such default (or if such default cannot be cured or corrected within that time, then such additional time as may be necessary if the Notified Party has commenced within such thirty (30) days and is diligently pursuing the remedies or steps necessary to cure or correct such default including the time necessary to obtain possession if possession is necessary to cure or correct such default). Until the time allowed, as aforesaid, for the Notified Party to cure such default has expired without cure, Tenant shall have no right to to, and shall not not, terminate this Lease on account of Landlord's default.

Mortgagee and Ground Lessor Protection. Tenant agrees to give any holder of any Mortgage and any ground lessor (as such terms are defined in Section 21 hereof)Mortgagee, by registered or certified mail, a copy of any notice of default served upon the Landlord by Tenant, provided that prior to such notice, notice Tenant has been notified in writing (by way of service on Tenant of a copy of an Assignment of Rents and Leases, or otherwise) of the address of such Mortgage holder or ground lessor Mortgagee (hereafter the "Notified Party"). Tenant further agrees that if Landlord shall have failed to cure such default within twenty (20) days after such notice to Landlord (or if such default cannot be cured or corrected within that time, then such additional time as may be necessary if Landlord has commenced within such twenty (20) days and is diligently pursuing the remedies or steps necessary to cure or correct such default), then the Notified Party shall have an additional thirty (30) days within which to cure or correct such default (or if such default cannot be cured or corrected within that time, then such additional time as may be necessary if the Notified Party has commenced within such thirty (30) days and is diligently pursuing the remedies or steps necessary to cure or correct such default including the time necessary to obtain possession if possession is necessary to cure or correct such default). Until the time allowed, as aforesaid, for the Notified Party to cure such default has expired without cure, Tenant shall have no right to to, and shall not not, terminate this Lease on account of Landlord's default.. SEE ADDENDUM TO LEASE ITEM #5