Notice and Cure Rights for Tenant Limited Partner Sample Clauses

Notice and Cure Rights for Tenant Limited Partner. (a) OCII may not exercise its remedies under this Ground Lease for a default by the Tenant unless and until (i) OCII has given written notice of any such default, in accordance with the notice provisions of Article 38, to Tenant and the “Permitted Limited Partner” identified in Article 38, (which includes, without limitation, the Investor Limited Partner) and any other limited partners who have requested notice as set forth below (collectively, the “Permitted Limited Partners”), and (ii) such default has not been cured within sixty (60) days following the giving of such notice or, if such default cannot be cured within such sixty (60) day period, such longer period as is reasonably necessary to cure such default, provided that such cure has been commenced within such sixty (60) day period and is being prosecuted diligently to completion. If a Permitted Limited Partner cannot cure a default due to an automatic stay in bankruptcy court because a general partner of the Tenant is in bankruptcy, any cure period will be tolled during the pendency of such automatic stay.
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