Common use of Notice and Cure of Landlord's Default Clause in Contracts

Notice and Cure of Landlord's Default. If any act or omission of Landlord would give Tenant the right, immediately or after the giving of notice and/or a lapse of time, to cancel or terminate this Lease, or to claim a partial or total eviction, Tenant shall not exercise such right until: (a) it has given written notice of the act or omission to Landlord and each Senior Interest Holder whose name and address shall have been furnished to Tenant, which notice shall specifically refer to this Section 17.3 and shall describe Landlord's default with reasonable detail, specifying the section of this Lease as to which Landlord is in default; and (b) a reasonable period for remedying the act or omission shall have elapsed following the giving of such notice and following the time during which each Senior Interest Holder would be entitled to remedy the act or omission (which reasonable period shall in no event be shorter than the period during which Landlord would be entitled under this Lease or otherwise, after similar notice, to effect such remedy). If within such reasonable period any Senior Interest Holder gives Tenant notice of its intention to remedy the act or omission, and thereafter diligently commences the required remedial action and pursues it to completion, Tenant shall have no right to terminate this Lease on account of the act or omission.

Notice and Cure of Landlord's Default. If any act or omission ------------------------------------- of Landlord would give Tenant the right, immediately or after the giving lapse of notice and/or a lapse period of time, to cancel or terminate this Lease, or to claim a partial or total eviction, Tenant shall not exercise such right until: (a) it has given written notice of the act or omission to Landlord Landlord, to the Port Authority at its address specified in Section 24.13 and to each Senior Interest Holder Superior Mortgagee and Superior Lessor whose name and address shall previously have been furnished to Tenant, which notice shall specifically refer to this Section 17.3 and shall describe Landlord's default with reasonable detail, specifying the section of this Lease as to which Landlord is in default; , and (b) a reasonable period for remedying the act or omission shall have elapsed following the giving of such notice and following the time during which the Port Authority and each Senior Interest Holder such Superior Mortgagee or Superior Lessor would be entitled under its Superior Mortgage or Superior Lease to remedy the act or omission (which reasonable period shall in no event be shorter than the period during which Landlord would be entitled under this Lease or otherwiseLease, after similar notice, to effect such remedyremedy nor be shorter than thirty (30) days). If If, within said reasonable period, the Port Authority or such reasonable period any Senior Interest Holder a Superior Mortgagee or Superior Lessor gives Tenant notice of its intention to remedy the act or omission, and thereafter diligently commences the required remedial action and pursues it to completion, Tenant shall have no right to terminate this Lease on account of the act or omission.

Notice and Cure of Landlord's Default. If any act or omission of Landlord would give Tenant the right, immediately or after the giving lapse of notice and/or a lapse period of time, to cancel or terminate this Lease, or to claim a partial or total eviction, Tenant shall not exercise such right until: (a) until it has given written notice of the act or omission to Landlord and to each Senior Interest Holder Superior Mortgagee and Superior Lessor whose name and address shall have been furnished to Tenant, which notice shall specifically refer to this Section 17.3 and shall describe LandlordLxxxxxxx's default with reasonable specificity and detail, specifying the section of this Lease as to which Landlord is in default; and (b) until a reasonable period for remedying the act or omission shall have elapsed following the giving of such notice and following the time during which each Senior Interest Holder Superior Mortgagee or Superior Lessor would be entitled under its Superior Mortgage or Superior Lease to remedy the act or omission (which reasonable period shall in no event be shorter than the period during which Landlord would be entitled under this Lease or otherwise, after similar notice, to effect such remedy). If If, within said reasonable period, such reasonable period any Senior Interest Holder gives Superior Mortgagee or Superior Lessor notifies Tenant notice of its intention to remedy the this act or omission, and thereafter diligently commences the required remedial action and pursues it to completion, Tenant shall have no right to terminate this Lease on account of the act or omission.

Notice and Cure of Landlord's Default. If any act or omission of Landlord would give Tenant the right, immediately or after the giving lapse of notice and/or a lapse period of time, to cancel or terminate this Lease, or to claim a partial or total eviction, Tenant shall not exercise such right until: (a) until it has given written notice of the act or omission to Landlord Landlord, and each Senior Interest Holder whose name and any mortgagee which has provided its address shall have been furnished to Tenant, Tenant which notice shall specifically refer to this Section 17.3 17.03 and shall describe Landlord's default default, if any, with reasonable specificity and detail, specifying the section of this Lease as to which Landlord is in default; , and (b) until a reasonable reasonable, period for remedying the act or omission shall have elapsed following the giving of such notice and following the time during which each Senior Interest Holder mortgagee would be entitled under its mortgage to remedy the act or omission (which reasonable period shall in no event be shorter than the period during which Landlord would be entitled under this Lease or otherwise, after similar notice, to effect such remedy). If If, within said reasonable period, such reasonable period any Senior Interest Holder mortgagee gives Tenant notice of its intention to remedy the act or omission, and thereafter diligently commences the required remedial action and pursues it to completion, Tenant shall have no right to terminate this Lease on account of the act or omissionomission of Landlord.