Mortgagee's Right to Cure. No act or omission by Lessor which would entitle Lessee under the terms of this Lease or any Laws to be relieved of Lessee's obligations hereunder, or to terminate this Lease, shall result in a release or termination of such obligations or this Lease unless: (a) Lessee first shall have given written notice of Lessor's act or omission to Lessor and all Lessor's Mortgagees whose names and addresses shall have been or will be furnished by Certified mail to Lessee; and (b) Lessor's Mortgagees, after receipt of such notice, fail to correct or cure the act or omission within a reasonable time thereafter (but in no event less than sixty (60) days). However, nothing contained in this Section shall impose any obligation on Lessor's Mortgagees to correct or cure any act or omission.
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Samples: Office Lease Agreement (Titan Exploration Inc), Office Lease Agreement (Pure Resources Inc)
Mortgagee's Right to Cure. No act or omission by Lessor which would entitle Lessee under the terms of this Lease or any Laws to be relieved of Lessee's obligations hereunder, or to terminate this Lease, shall result in a release or termination of such obligations or this Lease unless: (a) Lessee a)Lessee first shall have given written notice of Lessor's act or omission to Lessor and all Lessor's Mortgagees whose names and addresses shall have been or will be furnished by Certified mail to Lessee; and (b) Lessor's Mortgagees, after receipt of such notice, fail to correct or cure the act or omission within a reasonable time thereafter (but in no event less than sixty forty-five (6045) days). However, nothing contained in this Section shall impose any obligation on Lessor's Mortgagees to correct or cure any act or omission.
Appears in 1 contract
Mortgagee's Right to Cure. No act or omission by Lessor Landlord which would entitle Lessee Tenant under the terms of this Lease or any Laws laws to be relieved of Lessee's Tenant’s obligations hereunder, or to terminate this Lease, shall result in a release or termination of such obligations or this Lease unless: (a) Lessee Tenant first shall have given written notice of Lessor's Landlord’s act or omission to Lessor Landlord and all Lessor's Landlord’s Mortgagees whose names and addresses shall have been or will be furnished by Certified mail to LesseeTenant; and (b) Lessor's Landlord’s Mortgagees, after receipt of such notice, fail to correct or cure the act or omission within a reasonable time thereafter (but in no event less than sixty (60) days). However, nothing contained in this Section shall impose any obligation on Lessor's Landlord’s Mortgagees to correct or cure any act or omission.
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Samples: Office Lease (Compumed Inc)
Mortgagee's Right to Cure. No act or omission by Lessor Landlord ---------------------------- which would entitle Lessee Tenant under the terms of this Lease or any Laws laws to be relieved of LesseeTenant's obligations hereunder, or to terminate this Lease, shall result in a release or termination of such obligations or this Lease unless: (a) Lessee Tenant first shall have given written notice of LessorLandlord's act or omission to Lessor Landlord and all LessorLandlord's Mortgagees whose names and addresses shall have been or will be furnished by Certified mail to LesseeTenant; and (b) LessorLandlord's Mortgagees, after receipt of such notice, fail to correct or cure the act or omission within a reasonable time thereafter (but in no event less than sixty (60) days). However, nothing contained in this Section shall impose any obligation on LessorLandlord's Mortgagees to correct or cure any act or omission.
Appears in 1 contract
Samples: Office Lease (Vsource Inc)