No Mortgagee Obligations. Notwithstanding anything to the contrary set forth in this Lease, in no event shall the holder of a leasehold deed of trust be obligated to (i) construct any improvements on the Premises or (ii) cure any default with respect to or satisfy or discharge any lien or encumbrance against Tenant’s interest in this Lease or the Premises if such lien or encumbrance is junior in priority to the senior leasehold deed of trust (provided, however, that Landlord shall in no event be required to cure any such default) or (iii) cure any defaults under subsection 14.1(c) of this Lease.
Appears in 4 contracts
Samples: Air Rights Lease Agreement, Air Rights Lease Agreement, Air Rights Lease Agreement
