Common use of Mortgagee Notice and Cure Rights Clause in Contracts

Mortgagee Notice and Cure Rights. Tenant agrees to give any mortgagee of Landlord which has provided a non-disturbance agreement to Tenant, notice of, and a reasonable opportunity (which shall in no event be less than thirty (30) days after written notice thereof is delivered to mortgagee as herein provided) to cure, any Landlord default hereunder; and Tenant agrees to accept such cure if effected by such mortgagee. No termination of this Agreement by Tenant shall be effective until such notice has been given and the cure period has expired without the default having been cured. Further, Tenant agrees to permit such mortgagee (or other purchaser at any foreclosure sale), and its successors and assigns, on acquiring Landlord's interest in the Premises and the Agreement, to become substitute Landlord hereunder, with liability only for such Landlord obligations as accrue after Landlord's interest is so acquired. Tenant agrees to attorn to any successor of Landlord.

Mortgagee Notice and Cure Rights. Tenant Xxxxxx agrees to give any mortgagee of Landlord which has provided a non-disturbance agreement to Tenant, notice of, and a reasonable opportunity (which shall in no event be less than thirty (30) days after written notice thereof is delivered to mortgagee as herein provided) to cure, any Landlord default hereunder; and Tenant Xxxxxx agrees to accept such cure if effected by such mortgagee. No termination of this Agreement by Tenant shall be effective until such notice has been given and the cure period has expired without the default having been cured. Further, Tenant Xxxxxx agrees to permit such mortgagee (or other purchaser at any foreclosure sale), and its successors and assigns, on acquiring Landlord's interest in the Premises and the Agreement, to become substitute Landlord hereunder, with liability only for such Landlord obligations as accrue after LandlordXxxxxxxx's interest is so acquired. Tenant Xxxxxx agrees to attorn to any successor of Landlord.