Notice of Default by Landlord Sample Clauses

Notice of Default by Landlord. (a) Tenant must forward to Mortgagee a copy of any notice given by Tenant to Landlord (i) in which Tenant claims or alleges that Landlord failed to perform any of Landlord’s obligations under the Lease, (ii) in which Tenant claims or alleges that an Event of Default by Landlord exists under the Lease, (iii) demanding reimbursement for expenditures made or obligations incurred by Tenant pursuant to the Lease, or (iv) terminating the Lease. Tenant must forward such copies to Mortgagee concurrently with the giving of any such notice to Landlord under the Lease. (b) If any act or omission of Landlord would give Tenant the right, immediately or after the lapse of a period of time, to cancel or terminate the Lease, to xxxxx rent payable under the Lease, or to claim a partial or total eviction, Tenant must not exercise such right until (i) Tenant has given written notice of such act or omission to Mortgagee and (ii) 30 days after Landlord’s cure period, if any, under the Lease expires, during which period Mortgagee has the right, but not the obligation, to remedy such act or omission, and Tenant must give Mortgagee access to the Premises to effect the same. Item 3.(b)(ii) does not apply to an abatement of rent pursuant to the Lease. Tenant may exercise Tenant’s self-help remedy under the Lease after notice to Mortgagee but before the expiration of the waiting period provided by item 3.(b)(ii) if the curing of the default of Landlord before the expiration of the Mortgagee’s cure period is reasonably necessary to prevent injury to persons, property, or both.
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Notice of Default by Landlord. In the event of any act or omission by Landlord which would give Tenant the right to terminate this Lease by reason of constructive or partial or total eviction or otherwise, Tenant shall not be permitted to exercise any such right until Tenant: (a) is current in rent at the time of vacating the lease, (b) shall notify the Landlord of the intent to vacate ten (10) days before vacating the lease (c) provide the Landlord with the opportunity to ascertain that all of the Tenants personal property is removed and that the premises used by the Tenant are in good repair.
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Notice of Default by Landlord. Tenant, as lessee under the Lease, hereby covenants and agrees to give Lender written notice properly specifying wherein the lessor uxxxx xhe Lease has failed to perform any of the covenants or obligations of the lessor under the Lease, simultaneously with the giving of any notice of such default to the lessor under the provisions of the Lease. Tenant agrees that Lender shall have the right, but not the obligation, within ten (10) days after the expiration of any cure period provided to Landlord under the Lease for such cure (or for such additional time as is reasonably required to cure such default provided that Lender has given notice to Tenant of Lender's intent to cure such default and Lender is diligently proceeding to cure such default) to correct or remedy, or cause to be corrected or remedied, each such default before the lessee under the Lease may take any action under the Lease by reason of such default. In addition, Landlord shall provide to Lender, simultaneously with its delivery of said document to the Tenant, a copy of any "Commitment Date Notification" provided by Landlord under the Lease and a copy of any such notification signed by Tenant Such notices to Lender shall be delivered in duplicate to: Middlesex Savings Bank 6 Main Street Natick, Massachusetts 01760 Xxxx: Xx. Xxxxxxx X. Xxx xx xx xxxx xxxxx xxxress as the Lender shaxx xxxx xxxxxxxxxx to Tenant by giving written notice to Tenant, prior to possession by Tenant under the Lease at 130 New Boston Street, Woburn, MA 01801, and, after possession by Xxxxxx xxxxx xxx Xxxxx xx 00 Xxxxx Avenue, Burlington, MA 01801 Attention: CFO, or to suxx xxxxx xxxxxxx xx xxx xx xxxxxxxxxx by written notice from Tenant to Lender.
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Notice of Default by Landlord. If Landlord is in default under this Lease, Tenant shall give simultaneous written notice of such default to the first mortgage holder, provided Tenant has been provided this information. Tenant further agrees that the said holder of the first mortgage shall be permitted to correct or remedy such default within the same period of time allotted to the Landlord.
Sample 1
Notice of Default by Landlord. Tenant agrees to give to Lender the same notice of any default by Landlord under the Lease that it gives to Landlord. Tenant further agrees to give such notices to any successor in interest of Lender provided that such successor in interest shall have given written notice to Tenant of its acquisition of Lender's interest in the Deed of Trust/Mortgage and designated the address to which such notices are to be sent. Tenant further agrees that Lender shall have a reasonable time (not less than thirty (30) days) to cure any such default in the event Landlord fails to cure such default within the grace period, if any, allowed under the Lease, and to accept all payments made or acts done by Lender on behalf of Landlord within said reasonable time as though the same had been timely done and performed by Landlord so that such acts or payments shall cure such default. For purposes hereof, Lender's address is: General Electric Capital Corporation 9040 Xxxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000 Attention: Regional Manager or such other address as Lender may designate to Tenant by giving written notice to Tenant at the address set forth in the Lease, or to such other address as Tenant may in writing designate.
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Notice of Default by Landlord. Tenant covenants and agrees that Tenant will notify Bank in writing of any default by Landlord under the Lease which would entitle Tenant to cancel the Lease or xxxxx or set off the rent or any additional rent payable thereunder, and agrees that notwithstanding any provisions of the Lease, no notice by Tenant of any such cancellation, set off or abatement shall be effective unless Bank has received notice as aforesaid, and (i) has failed within 30 days of its receipt of such notice to cure the default, or (ii) if the default cannot be cured within 30 days, Bank has failed to commence and diligently prosecute the curing of the default which gave rise to such right of cancellation, set off or abatement (provided that in no event shall Bank shall have any obligation to cure any such default) to completion within an additional 90 day period.
Sample 1
Notice of Default by Landlord. Tenant covenants and agrees to give Xxxxxx written notice simultaneously with the giving of any notice of default to the Landlord under the provisions of the Lease. Xxxxxx agrees that Xxxxxx will have the right, but not the obligation, within thirty (30) days after receipt by Lender of such notice to correct or remedy, or cause to be corrected or remedied, each such default before Tenant may take any action under the Ground Lease by reason of such default. The notices to Lender will be delivered to: or to such other address as the Lender designates to Tenant by giving written notice to Xxxxxx at ABQ NM or to such other address as may be designated by written notice from Tenant to Lender. Notices will be given and will be effective in accordance with Section 25 of the Ground Lease.
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Related to Notice of Default by Landlord

  • Notice of Defaults If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.

  • Notice of Default The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Event of Default unless the Administrative Agent has received notice from a Lender or the Borrower referring to this Agreement, describing such Default or Event of Default and stating that such notice is a “notice of default”. In the event that the Administrative Agent receives such a notice, the Administrative Agent shall give notice thereof to the Lenders. The Administrative Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders (or, if so specified by this Agreement, all Lenders); provided that unless and until the Administrative Agent shall have received such directions, the Administrative Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Default or Event of Default as it shall deem advisable in the best interests of the Lenders.

  • Default by Owner If one or more of the following Events of Default shall occur and be continuing, that is to say: (a) breach by Owner of the representations, warranties and covenants of the Owner as set forth in Section 6.02 above); then, and in each and every such case (except in instances where the Event of Default has been cured within thirty (30) days after the date on which written notice of such default, requiring the same to be remedied, shall have been given to the Owner by the Servicer), the Servicer, by notice in writing to the Owner, may immediately terminate all of its responsibilities, duties and obligations as servicer under this Agreement. On or after the receipt by the Owner of such written notice, all responsibilities, duties and obligations of the Servicer to service the Mortgage Loans under this Agreement shall on the date set forth in such notice pass to and be vested in the successor appointed pursuant to Section 10 herein.

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