Common use of Mortgagee’s Rights Clause in Contracts

Mortgagee’s Rights. If Landlord shall notify Tenant that the Demised Premises, the Building or the Land are encumbered by a Mortgage and in such notice set forth the name and address of the Mortgagee thereof, then, notwithstanding anything to the contrary contained herein, no notice intended for Landlord shall be deemed properly given unless a copy thereof is simultaneously sent to such Mortgagee by certified or registered mail, return receipt requested. If any Mortgagee shall perform any obligation that Landlord is required to perform hereunder, such performance by Mortgagee, insofar as Tenant is concerned, shall be deemed performance on behalf of Landlord and shall be accepted by Tenant as if performed by Landlord.

Mortgagee’s Rights. (a) If Landlord shall notify Tenant that the Demised Premises, Premises and/or the Building or the Land are encumbered by a Mortgage and in such notice set forth the name and address of the Mortgagee thereof, ; then, notwithstanding anything to the contrary contained hereincontrary, no notice intended for Landlord shall be deemed properly given unless a copy thereof is simultaneously sent to such Mortgagee by certified or registered mail, return receipt requestedMortgagee. If any Mortgagee shall perform any obligation that Landlord is required to perform hereunder, such performance by MortgageeXxxxxxxxx, insofar as Tenant is concerned, shall be deemed performance on behalf of Landlord and shall be accepted by Tenant Xxxxxx as if performed by Landlord.

Mortgagee’s Rights. If Landlord shall notify Tenant that the Demised Premises, the Building Premises or the Land Complex are encumbered by a Mortgage and in such notice set forth the name and address of the Mortgagee thereof, ; then, notwithstanding anything to the contrary contained hereincontrary, no notice intended for Landlord shall be deemed properly given unless a copy thereof is simultaneously sent to such Mortgagee by certified or registered mail, return receipt requested. If any Mortgagee shall perform any obligation that Landlord is required to perform hereunder, such performance by Mortgagee, insofar as Tenant is concerned, shall be deemed performance on behalf of Landlord and shall be accepted by Tenant as if performed by Landlord.

Mortgagee’s Rights. If Landlord shall notify Tenant that the Demised Premises, the Building or the Land are Premises is encumbered by a Mortgage and in such notice set forth the name and address of the Mortgagee thereof, ; then, notwithstanding anything to the contrary contained hereincontrary, no notice intended for Landlord shall be deemed properly given unless a copy thereof is simultaneously sent to such Mortgagee by certified or registered mail, return receipt requested. If any Mortgagee shall perform any obligation that Landlord is required to perform hereunder, such performance by Mortgagee, insofar as Tenant is concerned, shall be deemed performance on behalf of Landlord and shall be accepted by Tenant as if performed by Landlord.