Notice; Cure; Waivers. Tenant agrees to give prompt written notice to Lender (and to any successor in interest to Lender of which Tenant has been notified) of any default of the Landlord under the Lease if such default is of such a nature as to give Tenant a right to terminate the Lease, reduce rent or to credit or offset any amounts against future rents. If, within thirty (30) days after receipt of such written notice from Tenant, Lender, at Lender’s sole option, commences to cure a default of Landlord under the Lease that is capable of being cured by Lender, or commences to pursue any other of its remedies under the Mortgage which is deemed by Lender to be a condition precedent to Lender’s ability to cure such default, and thereafter diligently pursues such cure or enforcement of its remedies under the Mortgage as aforesaid to completion, Tenant agrees not to terminate the Lease, reduce rent, credit or offset against future rents, for a period of thirty (30) days or such additional period of time as is reasonably necessary for Lender or Purchaser to cure the default to completion. As against Lender and its successors in interest, Tenant hereby waives any default by Landlord which is not capable of being cured by Lender.
Notice; Cure; Waivers. Tenant agrees to give Lender copies of all written notices given by Tenant to Landlord regarding (a) any Landlord Default, (b) requests for or notices of assignments and subleases by Tenant, and (c) exercise by Tenant of any extension option, expansion right or early termination right. Lender shall have the right to remedy any Landlord Default, or to cause any Landlord Default to be remedied, and for such purpose Tenant hereby grants Lender an additional ten (10) days after receipt of written notice from Tenant, to enable Lender to elect to remedy, or cause to be remedied, any such Landlord Default in addition to the period given to Landlord for remedying, or causing to be remedied, any such Landlord Default of the Lease; upon such Lender election, Lender shall have a reasonable period of time to remedy or cause to be remedied such Landlord Default (but in no event more than thirty (30) days beyond any cure period afforded Landlord pursuant to the Lease, provided that, in the case of a non-monetary default, if such Landlord Default is not susceptible of being cured within such thirty (30) day period, and Lender shall have commenced and is diligently pursuing the cure of such default, Lender shall have an additional sixty (60) day period to cure such Landlord Default). Tenant’s failure to provide such notice to Lender shall not constitute a default under this Agreement. Tenant shall accept performance by Lender of any term, covenant, condition or agreement to be performed by Landlord under the Lease with the same force and effect as though performed by Landlord. No non-monetary Landlord default under the Lease shall exist or shall be deemed to exist (a) as long as Lender, in good faith, shall have commenced to cure such default within the above referenced time period and shall be prosecuting the same to completion with reasonable diligence (but in no event more than thirty (30) days beyond any cure period afforded Landlord pursuant to the Lease, provided that, in the case of a non-monetary default, if such default is not susceptible of being cured within such thirty (30) day period, and Lender shall have commenced and is diligently pursuing the cure of such default, Lender shall have an additional sixty (60) day period to cure such default), or (b) if possession of the Premises is required in order to cure such default, or if such default is not susceptible of being cured by Lender, as long as Lender, in good faith, shall have notified Tenant that Lender in...
Notice; Cure; Waivers. Tenant agrees to give prompt written notice to Xxxxxx (and to any successor in interest to Lender of which Xxxxxx has been notified) of (a) any default of the Landlord under the Lease if such default is of such a nature as to give Tenant a right to terminate the Lease, reduce rent or to credit or offset any amounts against future rents; and (b) any attempt by the Landlord (including any successor or assignee of the Landlord) to amend, modify, terminate, or render void the Lease. If, within thirty (30) days after receipt of written notice from Tenant, Lender, at Xxxxxx’s sole option, commences to cure a default of Landlord under the Lease that is capable of being cured by Xxxxxx, or commences to pursue any other of its remedies under the Mortgage and thereafter diligently pursues such cure to completion within one hundred twenty (120) days, Xxxxxx agrees not to terminate the Lease, reduce rent, credit or offset against future rents, consent or acquiesce in the termination of the Lease or surrender the Premises and agrees to continue to be bound by the terms of the Lease and this Agreement.
