Common use of Mortgagee Protection Clause in Contracts

Mortgagee Protection. 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 whose address shall have been furnished to Tenant, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 18 contracts

Samples: Lease Agreement (Innovega Inc.), Office Lease (Rimini Street, Inc.), Office Lease (GP Investments Acquisition Corp.)

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Mortgagee Protection. In the event of any default on the part of Landlord, Tenant will agrees to give notice by registered or certified mail to any beneficiary of a deed of trust or mortgage covering the Premises whose name and address shall have been furnished to Tenant, the Tenant and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time such default (such cure period not to obtain possession exceed 60 days after receipt of the Premises by power of sale or a judicial foreclosure, if such should prove necessary notice) before Tenant shall attempt to effect a cureexercise any other remedy.

Appears in 6 contracts

Samples: Lease Agreement (Human Genome Sciences Inc), Lease Agreement (BioMed Realty Trust Inc), Lease Agreement (BioMed Realty Trust Inc)

Mortgagee Protection. 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 mortgagee under a mortgage covering the Premises Property or the Building whose address shall have been furnished to Tenant, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises Property or the Building by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 5 contracts

Samples: Office Building Lease, Office Building Lease (E2open Inc), Lease Agreement (American Ecology Corp)

Mortgagee Protection. 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 or trust or holder of trust a security deed or mortgage covering the Leased Premises whose address shall have been furnished to Tenantit, and shall offer such beneficiary or mortgagee holder a reasonable opportunity to cure the default, including time to obtain possession of the Leased Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 4 contracts

Samples: Lease Agreement (Optio Software Inc), Lease Agreement (Innotrac Corp), Lease Agreement (Bioshield Technologies Inc)

Mortgagee Protection. 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 mortgagee of a mortgage covering the Premises whose address shall have been furnished to Tenant, Building and shall offer such the beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Building or the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 3 contracts

Samples: Lease (Control4 Corp), Lease (Control4 Corp), Industrial Lease (Rubicon Medical Corp)

Mortgagee Protection. 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 mortgagee of a mortgage covering encumbering the Premises Premises, whose address shall have been previously furnished to Tenant, and shall offer . So long as such beneficiary or mortgagee a is making reasonable opportunity efforts to cure the default, including time to obtain including, but not limited to, obtaining possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure, Tenant shall not have the right to terminate this Lease.

Appears in 3 contracts

Samples: Lease Agreement (Cisco Systems Inc), Lease Agreement (Microcide Pharmaceuticals Inc), Lease Agreement (Cisco Systems Inc)

Mortgagee Protection. In the event of any default on the part of Landlord, Tenant will give written notice by registered or certified mail to any beneficiary of a deed of trust or mortgagee under a mortgage covering the Premises Project or the Building whose address shall have been furnished to Tenant, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises Project or the Building by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 3 contracts

Samples: Lease Agreement (Health Net Inc), Lease Agreement (Redwood Trust Inc), Lease Agreement (Amarin Corp Plc\uk)

Mortgagee Protection. 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 mortgagee of a mortgage, encumbering the Premises whose address shall have been furnished to Tenantit, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 2 contracts

Samples: Lease Agreement (United Defense Lp), Lease Agreement (United Defense Lp)

Mortgagee Protection. 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 Lender or mortgage covering the Premises whose address lessor under any underlying ground lease who shall have been furnished requested, in writing, to TenantTenant that it be provided with such notice, and Tenant shall offer such beneficiary Lender or mortgagee lessor a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power appointment of sale or a judicial foreclosure, receiver if such should prove reasonably necessary to effect a cure.

Appears in 2 contracts

Samples: Industrial Lease (Quantenna Communications Inc), Industrial Lease (Quantenna Communications Inc)

Mortgagee Protection. 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 mortgagee under a mortgage covering the Premises whose address shall have been furnished to Tenant, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure. As used in this Lease, mortgagee includes without limitation the beneficiary(ies) of any deed of trust.

Appears in 2 contracts

Samples: Office Lease (Solar Power, Inc.), Office Lease (American River Holdings)

Mortgagee Protection. 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 Lender or mortgage covering the Premises whose address lessor under any underlying ground lease who shall have been furnished requested, in writing, to TenantTenant that it be provided with such notice, and Tenant shall offer such beneficiary Lender or mortgagee lessor a reasonable opportunity to cure the default, including time to obtain maintain possession of the Lease Premises by power of sale or a judicial foreclosure, if such should prove foreclosure or other appropriate legal proceedings as reasonably necessary to effect a cure.

Appears in 2 contracts

Samples: Industrial Space Lease (Viasystems Group Inc), Industrial Space Lease (Viasystems Group Inc)

Mortgagee Protection. 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 mortgagee of a mortgage covering the Premises whose address shall have been furnished to Tenantit, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 2 contracts

Samples: Office Building Lease (Terra Capital Group), Office Building Lease (Aegis Assessments Inc)

Mortgagee Protection. In the event of any default on the part of Landlord, Tenant will shall give written notice by registered or certified mail to any beneficiary of a deed of trust or mortgage covering the Premises whose address shall have been furnished to TenantPremises, and shall offer allow such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 2 contracts

Samples: Lease Agreement (Cutera Inc), Lease (Snowball Com Inc)

Mortgagee Protection. 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 mortgagee of a mortgage covering encumbering the Premises whose address shall have been furnished to Tenant, and before Tenant shall offer have any right to terminate this Lease, Tenant shall grant such beneficiary or mortgagee a reasonable opportunity period within which to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove action is necessary to effect a cure.

Appears in 2 contracts

Samples: Sublease (Covad Communications Group Inc), Sublease (Covad Communications Group Inc)

Mortgagee Protection. 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 trust, mortgagee, or mortgage ground lessor covering the Premises whose address shall have been furnished to TenantPremises, and shall offer such beneficiary beneficiary, mortgagee, or mortgagee ground lessor, a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, or in the event of a ground lessor, by appropriate judicial action, if such should prove necessary to effect a cure.

Appears in 2 contracts

Samples: Office Lease (Placer Sierra Bancshares), Single Tenant Industrial Lease (Global Directmail Corp)

Mortgagee Protection. 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 whose address shall have been furnished to Tenant, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 2 contracts

Samples: Consent to Construction (Heritage Oaks Bancorp), Full Service Office Lease (Norpac Technologies, Inc.)

Mortgagee Protection. In the event of If there occurs 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 whose address shall have been furnished to TenantPremises, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 2 contracts

Samples: Lease Agreement (Twist Bioscience Corp), Lease Agreement (Ampio Pharmaceuticals, Inc.)

Mortgagee Protection. In the event of any default on the part of Landlord, of which Tenant is made aware, Tenant will use its reasonable efforts to give notice by registered or certified mail to any beneficiary of a deed of trust or mortgage covering mortgagee of a mortgage, encumbering the Premises whose address shall have been furnished to Tenantit, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Lease Agreement (Tessera Inc)

Mortgagee Protection. In the event of any default on the part of -------------------- Landlord, Tenant will give notice by registered or of certified mail to any beneficiary of a deed of trust or mortgagee of a mortgage covering the Premises whose address shall have been furnished to Tenant, and shall offer such the beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Sublease (Ibeam Broadcasting Corp)

Mortgagee Protection. In the event of any default on the part of by Landlord, Tenant will give notice by registered or certified mail to any beneficiary of a deed of trust or a mortgagee of a mortgage covering the Premises whose address shall have been previously furnished to Tenant, and shall offer such beneficiary or mortgagee a reasonable the same opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Industrial Net Lease (Homegrocer Com Inc)

Mortgagee Protection. 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 first or mortgage lower priority Mortgage covering the Premises Project whose address shall have been furnished to Tenant, and shall offer such beneficiary or mortgagee Mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Office Lease (Active Network Inc)

Mortgagee Protection. In the event of any default on the part of Landlord, Tenant will shall give written notice by registered or certified mail to any beneficiary of a deed of trust or mortgage covering the Premises whose address shall have been furnished to Tenantof which Tenant has received notice, and shall offer allow such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Lease (Intermune Pharmaceuticals Inc)

Mortgagee Protection. In the event of If there occurs 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 whose address shall have been furnished to TenantPremises, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain receivership of the Premises and/or possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Lease Agreement (Eschelon Telecom Inc)

Mortgagee Protection. In the event of any default on the part of Landlord, Tenant will agrees to give notice by registered or certified mail to any beneficiary of a deed of trust or mortgage covering the Premises whose address shall have been furnished to Tenant, the Tenant and shall offer such beneficiary or mortgagee a reasonable opportunity to cure such default (but not beyond the default, including time afforded to obtain possession of Landlord to cure the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a curesame).

Appears in 1 contract

Samples: Triple Net Industrial Lease (Iris International Inc)

Mortgagee Protection. 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 trust, mortgagee, or mortgage ground lessor covering the Premises whose address shall have been furnished to TenantPremises, and shall offer such beneficiary beneficiary, mortgagee, or mortgagee ground lessor, a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, or in the event of a ground lessor, by appropriate judicial action, if such should prove necessary to effect a cure.. GVH/LCH initialed

Appears in 1 contract

Samples: Multi Tenant Industrial Lease (Curon Medical Inc)

Mortgagee Protection. 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 mortgagee of a mortgage covering the Premises whose address shall have been furnished to Tenant, and shall offer such the beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Sublease (Marvell Technology Group LTD)

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Mortgagee Protection. 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 mortgagee of a mortgage covering the Premises whose Property (provided that Tenant has previously received the name and address shall have been furnished to Tenant, of such person) and shall offer such the beneficiary or mortgagee a reasonable opportunity to cure the default, including time ; provided that such right to obtain possession of cure shall not exceed the Premises by power of sale or a judicial foreclosure, if such should prove necessary cure period afforded to effect a cureLandlord pursuant to subsection 15(c).

Appears in 1 contract

Samples: Lease (Consilium Inc)

Mortgagee Protection. 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 Lender or mortgage covering the Premises whose address lessor under any underlying ground lease who shall have been furnished requested, in writing, to TenantTenant that it be provided with such notice, and Tenant shall offer such beneficiary Lender or mortgagee lessor a reasonable opportunity to cure the default, including time to obtain possession of the Leased Premises by power of sale or a judicial foreclosure, foreclosure or other appropriate legal proceedings if such should prove reasonably necessary to effect a curecure (other than maintenance obligations).

Appears in 1 contract

Samples: Lease Agreement (Va Linux Systems Inc)

Mortgagee Protection. 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 mortgagee of a mortgage covering the Premises whose address shall have been furnished to Tenant, Building and shall offer such the beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Building or the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Lease Agreement (International Wireless Communications Holdings Inc)

Mortgagee Protection. In the event of any default on the part of Landlord, Tenant will give notice shall notify, by registered or certified mail to mail, any beneficiary of a deed of trust or mortgage covering the Premises whose address shall have been furnished to Tenant, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Office Space Lease (Cayenta Inc)

Mortgagee Protection. 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 whose address shall have been furnished to Tenant, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Office Building Lease (Prosoft I Net Solutions Inc)

Mortgagee Protection. 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 whose address shall have been furnished to Tenant, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.. ARTICLE 35

Appears in 1 contract

Samples: Office Lease (Accpac International Inc)

Mortgagee Protection. 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 mortgagee of a mortgage covering encumbering the Premises premises whose address shall have been furnished to Tenant, and before Tenant shall offer have any right to terminate this Lease Tenant shall grant such beneficiary or mortgagee a reasonable opportunity period within which to cure the default, including time a reasonable period to obtain possession of the Premises premises by power of sale or a judicial foreclosure, if such should prove action is necessary to effect a cure.

Appears in 1 contract

Samples: Sublease and Lease Agreement (Inhale Therapeutic Systems)

Mortgagee Protection. 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 mortgagee or a mortgage covering encumbering the Premises whose address shall have been furnished to Tenantit, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Lease Agreement (Broadvision Inc)

Mortgagee Protection. 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 Lender or mortgage covering the Premises whose address lessor under any underlying ground lease who shall have been furnished requested, in writing, to TenantTenant that it be provided with such notice, and Tenant shall offer such beneficiary Lender or mortgagee lessor a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.including

Appears in 1 contract

Samples: Lease Agreement (Simplex Solutions Inc)

Mortgagee Protection. In the event of any default on the part of Landlord, Tenant will give notice by registered register or certified mail to any beneficiary of a deed of trust or mortgage covering the Premises whose address shall have been furnished to Tenant, Tenant and shall offer such beneficiary or mortgagee a reasonable the opportunity to cure the default for thirty (30) days after expiration of any period provided to Landlord under this Lease to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Lease Agreement (Infocrossing Inc)

Mortgagee Protection. 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 mortgagee of a mortgage covering encumbering the Premises Premises, whose address shall have been furnished to Tenant, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Consent of Landlord to Proposed Sublease (Ag Associates Inc)

Mortgagee Protection. 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 mortgagee of a mortgage covering the Premises whose address shall have been furnished to Tenantin writing, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Office Building Lease (Software Net Corp)

Mortgagee Protection. In the event of any default on the part of by Landlord, Tenant will give notice by registered or certified mail to any beneficiary of a deed of trust or mortgagee of a mortgage covering the Premises whose address shall have been furnished to Tenant, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Lease Agreement (Digirad Corp)

Mortgagee Protection. 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 or trust or holder of trust a security deed or mortgage covering the Leased Premises whose address shall have been furnished to Tenantit, and shall offer such beneficiary or mortgagee a reasonable opportunity holder thirty (30) days following such notice (with the effective time of such notice as set forth in Section 25.01) to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Lease Agreement (First Horizon Pharmaceutical Corp)

Mortgagee Protection. 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 mortgagee of a mortgage covering the Premises Landlord's leasehold estate under this Lease whose address shall have been furnished to Tenantit, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Demised Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Ground Lease Agreement (Wells Real Estate Investment Trust Inc)

Mortgagee Protection. 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 or trust or holder of trust a security deed or mortgage covering the Leased Premises whose name and address shall have been furnished to TenantTenant by Landlord in writing prior to the default, and shall offer such beneficiary or mortgagee holder a reasonable opportunity to cure the default, including time to obtain possession of the Leased Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Lease Agreement (Visible Genetics Inc)

Mortgagee Protection. 31.01 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 or trust or holder of trust a security deed or mortgage covering the Leased Premises whose address shall have been furnished to Tenant, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure.

Appears in 1 contract

Samples: Lease Agreement (Ceradyne Inc)

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