Common use of MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE Clause in Contracts

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee agrees to give any mortgagees and/or trust deed holders, by registered mail, a copy of any notice of default served upon Lessor, provided that, prior to such notice, Lessee has been notified in writing (by way of notice of assignment of rents and leases or otherwise) of the address of such mortgagees and/or trust deed holders. Lessee further agrees that, if Lessor shall have failed to cure such default within the time provided for in this Lease, then the mortgagees and/or trust deed holders shall have an additional thirty (30) days within which to cure such default, or if such default cannot be cured within that time, then such additional time as may be necessary, if within such thirty (30) days, any mortgagee and/or trust deed holder has commenced and is diligently pursuing the remedies necessary to cure such default (including but not limited to commencement of foreclosure proceedings if necessary to effect such cure), in which event this Lease shall not be terminated while such remedies are being so diligently pursued.

Appears in 7 contracts

Samples: Lease (Scopus Video Networks Ltd.), Lease (Medicines Co/ Ma), Agreement (Purchasesoft Inc)

AutoNDA by SimpleDocs

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee agrees to give any mortgagees and/or trust deed holders, by registered mailnotice, a copy of any notice of default served upon Lessor, provided that, prior to such notice, Lessee has been notified in writing (by way of notice of assignment of rents and leases or otherwise) of the address of such mortgagees and/or trust deed holders. Lessee further agrees that, if Lessor shall have failed to cure such default within the time provided for in this Lease, then the mortgagees and/or trust deed holders shall have an additional thirty (30) days within which to cure such default, or if such default cannot be cured within that time, then such additional time as may be reasonably necessary, if within such thirty (30) days, any mortgagee and/or trust deed holder has commenced and is diligently pursuing the remedies necessary to cure such default (including including, but not limited to to, commencement of foreclosure proceedings if necessary to effect such cure), in which event this Lease shall not be terminated while such remedies are being so diligently pursued.

Appears in 2 contracts

Samples: Lease (Barr Laboratories Inc), Lease (Alteon Inc /De)

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee Tenant agrees to give any mortgagees and/or trust deed holders, by registered or certified mail, a copy of any notice of default served upon LessorLandlord, provided that, prior to such notice, Lessee Tenant has been notified in writing (by way of notice of assignment of rents and leases or otherwise) of the address of such mortgagees and/or trust deed holders. Lessee Tenant further agrees that, if Lessor Landlord shall have failed to cure such default within the time provided for in this Lease, then the mortgagees and/or trust deed holders shall have an additional thirty (30) days within which to cure such default, or if such default cannot be cured within that time, then such additional time as may be necessary, if within such thirty (30) days, any mortgagee and/or trust deed holder has commenced and is diligently pursuing the remedies necessary to cure such default (including including, but not limited to to, commencement of foreclosure proceedings if necessary to effect such cure), in which event this Lease shall not be terminated while such remedies are being so diligently pursued.

Appears in 2 contracts

Samples: Lease Agreement (Computer Outsourcing Services Inc), Lease Agreement (Infocrossing Inc)

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee Tenant agrees to give any mortgagees Mortgagees and/or trust deed holdersTrust Deed Holders, by registered certified mail, return receipt requested, a copy of any notice Notice of default Default served upon Lessorthe Landlord, provided that, prior to such notice, Lessee Tenant has been notified in writing (by way of notice Notice of assignment Assignment of rents Rents and leases Leases, or otherwise) , of the address of such mortgagees Mortgagees and/or trust deed holdersTrust Deed Holders. Lessee Tenant further agrees that, if Lessor Landlord shall have failed to cure such default within the time provided for in this Lease, then the mortgagees Mortgagees and/or trust deed holders Trust Deed Holders shall have an additional thirty (30) days within which to cure such default, or if such default cannot be cured within that time, then such additional time as may be necessary, necessary if within such thirty (30) days, any mortgagee Mortgagee and/or trust deed holder Trust Deed Holder has commenced and is diligently pursuing the remedies necessary to cure such default (including but not limited to commencement of foreclosure proceedings proceedings, if necessary to effect such cure), ) in which event this Lease shall not be terminated while such remedies are being so diligently pursued.

Appears in 2 contracts

Samples: Lease (Medjet Inc), Lease (Amedia Networks, Inc.)

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee Tenant agrees to give any mortgagees and/or trust deed holdersholders of which Landlord has provided the identity and an address, by registered mail, a copy of any notice of default served upon LessorLandlord, provided that, prior to such notice, Lessee Tenant has been notified in writing (by way of notice of assignment of rents and leases or otherwise) of the address of such mortgagees and/or trust deed holders. Lessee Tenant further agrees that, if Lessor Landlord shall have failed to cure such default within the time provided for in this Lease, then the mortgagees and/or trust deed holders shall have an additional thirty (30) days within which to cure such default, or if such default cannot reasonably be cured within that time, then such additional time as may be necessary, if within such thirty (30) days, any mortgagee and/or trust deed holder has commenced and is diligently pursuing the remedies necessary to cure such default (including but not limited to commencement of foreclosure proceedings if necessary to effect such cure), in which event this Lease shall not be terminated while such remedies are being so diligently pursued.

Appears in 2 contracts

Samples: Lease (Project Clean, Inc.), Lease (Project Clean, Inc.)

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee Tenant agrees to give any mortgagees Mortgagees and/or trust deed holdersTrust Deed Holders, by registered certified mail, return receipt requested, a copy of any notice Notice of default Default served upon Lessorthe Landlord, provided that, prior to such notice, Lessee Tenant has been notified in writing (by way of notice Notice of assignment Assignment of rents Rents and leases Leases, or otherwise) , of the address of such mortgagees Mortgagees and/or trust deed holdersTrust Deed Holders. Lessee Tenant further agrees that, if Lessor Landlord shall have failed to cure such default within the time provided for in this Lease, then the mortgagees Mortgagees and/or trust deed holders Trust Deed Holders shall have an additional time as may be necessary if within thirty (30) days within which to cure after notice of such default, or if such default cannot be cured within that time, then such additional time as may be necessary, if within such thirty (30) daysfailure, any mortgagee Mortgagee and/or trust deed holder Trust Deed Holder has commenced and is diligently pursuing the remedies necessary to cure such default (including but not limited to commencement of foreclosure proceedings proceedings, if necessary to effect such cure), ) in which event this Lease shall not be terminated while such remedies are being so diligently pursued.

Appears in 1 contract

Samples: Lease (Qmed Inc)

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee agrees to give any mortgagees and/or trust deed holders, by registered mail, a copy of any notice of default served upon Lessor, provided that, prior to such notice, Lessee has been notified in writing (by way of notice of assignment of rents and leases or otherwise) of the address of such mortgagees and/or trust deed holders. Lessee further agrees that, if Lessor shall have failed to cure such default within the time provided for in this Lease, then the mortgagees and/or trust deed holders shall have an additional thirty (30) days within which to cure such default, or if such default cannot be cured within that time, then such additional time as may be necessary, if within such thirty (30) days, any mortgagee and/or trust deed holder has commenced and is diligently pursuing the remedies necessary to cure such default (including but not limited to commencement of foreclosure proceedings if necessary to effect such cure), in which event this Lease shall not be terminated while such remedies are being so diligently pursued. Notwithstanding the foregoing, in the event of any conflict or inconsistency between the SNDA and this Article, the terms and conditions of the SNDA shall govern.

Appears in 1 contract

Samples: Lease (Griffin Capital Essential Asset REIT II, Inc.)

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee agrees to give any mortgagees and/or trust deed holders, by registered mail, a copy of any notice of default served upon Lessor, provided that, prior to such notice, Lessee lessee has been notified in writing (by way of notice of assignment of rents and leases or otherwise) of the address of such mortgagees and/or trust deed holders. Lessee further agrees that, if Lessor shall have failed to cure such default within the time provided for in this Lease, then the mortgagees and/or trust deed holders shall have an additional thirty (30) days within which to cure such default, or if such default cannot be cured within that time, then such additional time as may be necessary, if within such thirty (30) days, any mortgagee and/or trust deed holder has commenced and is diligently pursuing the remedies necessary to cure such default (including but not limited to commencement of foreclosure proceedings if necessary to effect such cure), in which event this Lease shall not be terminated while such remedies are being so diligently pursued.

Appears in 1 contract

Samples: Lease Agreement (Call Points Inc)

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee agrees to give any mortgagees and/or trust deed holders, by registered mailRegistered Mail, a copy of any notice of default served upon the Lessor, provided that, prior to such notice, Lessee has been notified in writing (by way of notice of assignment of rents and leases leases, or otherwise) of the address of such mortgagees and/or trust deed holders. Lessee further agrees that, if Lessor shall have failed to cure such default within the time provided for in this Leaselease, then the mortgagees and/or trust deed holders shall have an additional thirty (30) days within which to cure such default, default or if such default cannot be cured within that time, then such additional time as may be necessary, necessary if within such thirty (30) days, any mortgagee and/or trust deed holder has commenced and is diligently pursuing the remedies necessary to cure such default (including but not limited to commencement of foreclosure proceedings proceedings, if necessary to effect such cure), in which event this Lease shall not be terminated while such remedies are being so diligently pursued.

Appears in 1 contract

Samples: Lease Agreement (Americas Shopping Mall Inc)

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee Tenant agrees to give any mortgagees and/or trust deed holders, by registered mail, a copy of any notice of default served upon LessorLandlord, provided that, prior to such notice, Lessee Tenant has been notified in writing (by way of notice of assignment of rents and leases or otherwise) of the address of such mortgagees and/or trust deed holders. Lessee Tenant further agrees that, if Lessor Landlord shall have failed to cure such default within the time provided for in this Lease, then the mortgagees and/or trust deed holders shall have an additional thirty (30) days within which to cure such default, or if such default cannot be cured within that time, then such additional time as may be necessary, if within such thirty (30) days, any mortgagee and/or trust deed holder has commenced and is diligently pursuing the remedies necessary to cure such default (including but not limited to commencement of foreclosure proceedings if necessary to effect such cure), in which event this Lease shall not be terminated while such remedies are being so diligently pursued.

Appears in 1 contract

Samples: North American Integrated Marketing Inc

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee agrees to give any mortgagees and/or trust deed holders, by registered mail, a copy of any notice of default served upon Lessor, provided that, prior to such notice, Lessee has been notified in writing (by way of notice of assignment of rents and leases or otherwise) of the address of such mortgagees and/or trust deed holders. Lessee further agrees that, if Lessor shall have failed to cure such default within the time provided for in this Lease, then the mortgagees and/or trust deed holders shall have an additional thirty (30) days the same period of time afforded to Lessor within which to cure such default, or if such default cannot be cured within that time, then such additional time as may be necessary, if within such thirty (30) days, any mortgagee and/or trust deed holder has commenced and is diligently pursuing the remedies necessary to cure such default (including but not limited to commencement of foreclosure proceedings if necessary to effect such cure), in which event this Lease shall not be terminated while such remedies are being so diligently pursued.

Appears in 1 contract

Samples: Old Line Bancshares Inc

AutoNDA by SimpleDocs

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee agrees to TO give any mortgagees and/or trust deed holders, by registered mail, a copy of any notice of default served upon Lessor, provided that, prior to such notice, Lessee has been notified in writing (by way of notice of assignment of rents and leases Leases or otherwise) of the address of such mortgagees mortgages and/or trust deed holders. Lessee further agrees that, if Lessor shall have failed to cure such default within the time provided for in this Lease, then the mortgagees and/or trust deed holders shall have an additional thirty (30) days within which to cure such default, or if such default cannot be cured within that time, then such additional time as may be necessary, if within such thirty (30) days, any mortgagee mortgagees and/or trust deed holder has commenced and is diligently pursuing the remedies necessary to cure such default (including but not limited to commencement of foreclosure proceedings if necessary to effect such cure), in which event this Lease shall not be terminated while such remedies are being so diligently pursued.

Appears in 1 contract

Samples: Lease (Robocom Systems Inc)

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee agrees to give any mortgagees and/or trust deed holders, by registered mail, a copy of any notice of default served upon Lessor, provided that, prior to such notice, Lessee has been notified in writing (by way of notice of assignment of rents and leases or otherwise) of the address of such mortgagees and/or trust deed holders. Lessee further agrees that, if Lessor shall have failed to cure such default within the time provided for in this Lease, then the mortgagees and/or trust deed holders shall have an additional thirty (30) days within which to cure such default, or if such default cannot be cured within that time, then such additional time as may be necessary, if within such thirty (30) days, any mortgagee and/or trust deed holder has commenced and is diligently pursuing the remedies necessary to cure such default (including but not limited to commencement of foreclosure proceedings if necessary to effect such cure), in which event this Lease shall not be terminated while such remedies are being so diligently pursued. The provisions of this paragraph 49 shall no affect in any manner the termination rights given to Lessee under the provisions of paragraphs 10 and 11 of this Lease.

Appears in 1 contract

Samples: Lease (Digital Lightwave Inc)

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee agrees to give any mortgagees mortgagee and/or trust deed holdersholder, by registered mailmail or overnight courier, a copy of any notice of default served upon Lessor, provided that, prior to such notice, Lessee has been notified in writing (by way of notice of assignment of rents and leases or otherwise) of the address of such mortgagees and/or trust deed holders. Lessee further agrees that, if Lessor shall have failed to cure such default within the time provided for in this Lease, then the mortgagees such mortgagee and/or trust deed holders holder shall have an additional thirty (30) days within which to cure such default, or if such default cannot be cured within that time, then such additional time as may be reasonably necessary, if provided that within such thirty (30) days, any such mortgagee and/or trust deed holder has commenced and is diligently pursuing the remedies necessary to cure such default (including but not limited to commencement of foreclosure proceedings if necessary to effect such cure), in which event this Lease shall not be terminated while such remedies are being so diligently pursued.

Appears in 1 contract

Samples: Attornment Agreement (Praecis Pharmaceuticals Inc)

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee Tenant agrees to give any mortgagees Mortgagees and/or trust deed holdersTrust Deed Holders, by registered or certified mail, a copy of any notice Notice of default Default served upon Lessorthe Landlord, provided that, prior to such notice, Lessee Tenant has been notified in writing (by way of notice Notice of assignment Assignment of rents Rents and leases Leases, or otherwise) ), of the address of such mortgagees Mortgagees and/or trust deed holdersTrust Deed Holders. Lessee Tenant further agrees that, if Lessor Landlord shall have failed to cure such default within the time provided for in this Lease, then the mortgagees Mortgagees and/or trust deed holders Trust Deed Holders shall have an additional thirty (30) days within which to cure such default, default or if such default cannot be cured within that time, time then such additional time as may be necessary, necessary if within such thirty (30) days, any mortgagee Mortgagee and/or trust deed holder Trust Deed Holder has commenced and is diligently pursuing the remedies necessary to cure such default default, (including but not limited to commencement of foreclosure proceedings proceedings, if necessary to effect such cure), ) in which event this Lease shall not be terminated while such remedies are being so diligently pursued.

Appears in 1 contract

Samples: Office Lease (Advancepcs)

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee agrees to give any mortgagees and/or trust deed holders, by registered mailRegistered Mail, a copy of any notice of default served upon the Lessor, provided that, prior to such notice, Lessee has been notified in writing (by way of notice of assignment of rents and leases leases, or otherwise) of the address of such mortgagees and/or trust deed holders. Lessee further agrees that, if Lessor shall have failed to cure such default within the time provided for in this Leaselease, then the mortgagees and/or trust deed holders shall have an additional thirty (30) days within which to cure such default, default or if such default cannot be cured within that time, then such additional time as may be necessary, necessary if within such thirty (30) days, any mortgagee and/or trust deed holder has commenced and is diligently pursuing the remedies necessary to cure such default (including but not limited to commencement of foreclosure proceedings proceedings, if necessary to effect such cure), in which event this Lease shall not be terminated while such remedies are being so diligently pursued.

Appears in 1 contract

Samples: Lease Agreement (Americas Shopping Mall Inc)

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee agrees to give any mortgagees and/or trust deed holders, by registered mail, a copy of any notice of default served upon Lessor, provided that, prior to such notice, Lessee has been notified in writing (by way of notice of assignment of rents and leases or otherwise) of the address of such mortgagees and/or trust deed holders. Lessee further agrees that, if Lessor shall have failed to cure such default within the time provided for in this Lease, then the mortgagees and/or trust deed holders shall have an additional thirty (30) days within which to cure such default, or if such default cannot be cured within that time, then such additional time as may be necessary, if within such thirty (30) days, any mortgagee and/or trust deed holder has commenced and is diligently pursuing the remedies necessary to cure such default (including but not tilt limited to commencement of foreclosure proceedings if necessary to effect such cure), in which event this Lease shall not be terminated while such remedies are being so diligently pursued.

Appears in 1 contract

Samples: Lease (Distinctive Devices Inc)

MORTGAGEE'S NOTICE AND OPPORTUNITY TO CURE. Lessee agrees to give any mortgagees and/or trust deed holders, by registered mail, a copy of any notice of default served upon Lessor, provided that, prior to such notice, Lessee has been notified in writing (by way of notice of assignment of rents and leases or otherwise) of the address of such mortgagees and/or trust deed holders. Lessee further agrees that, if Lessor shall have failed to cure such default within the time provided for in this Lease, then the mortgagees and/or trust deed holders shall have an additional thirty (30) days within which to cure such default, or if such default cannot be cured within that time, then such additional time as may be necessarynecessary (but not to exceed ninety (90) days), if within such thirty (30) days, any mortgagee and/or trust deed holder has commenced and is diligently pursuing the remedies necessary to cure such default (including but not limited to commencement of foreclosure proceedings if necessary to effect such cure)default, in which event this Lease shall not be terminated while such remedies are being so diligently pursuedpursued to completion.

Appears in 1 contract

Samples: Lease (Vonage Holdings Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!