Common use of Notices to Mortgagee Clause in Contracts

Notices to Mortgagee. Landlord shall, upon serving Tenant with any notice of default, simultaneously serve a copy of such notice upon the holder of the leasehold mortgage. The leasehold mortgagee shall have the same period, after service of such notice upon it, to remedy or cause to be remedied the defaults complained of, and Landlord shall accept such leasehold mortgagee’s acts if they had been performed by Xxxxxx.

Appears in 6 contracts

Samples: Ground Lease Agreement, Ground Lease Agreement, Ground Lease Agreement

AutoNDA by SimpleDocs

Notices to Mortgagee. Landlord shall, upon serving Tenant with any notice of default, simultaneously serve a copy of such notice upon the holder of the leasehold mortgage. The leasehold mortgagee shall have the same period, after service of such notice upon it, to remedy or cause to be remedied the defaults complained of, and Landlord shall accept such leasehold mortgagee’s acts if they had been performed by XxxxxxTenant.

Appears in 6 contracts

Samples: Ground Lease Agreement, Ground Lease Agreement, Ground Lease Agreement

AutoNDA by SimpleDocs

Notices to Mortgagee. Landlord shall, upon serving Tenant -------------------- with any notice of default, simultaneously serve a copy of such notice upon the holder of the leasehold mortgage. The leasehold mortgagee shall have the same period, after service of such notice upon it, to remedy or cause to be remedied the defaults complained of, and Landlord shall accept such leasehold mortgagee’s 's acts if they had been performed by XxxxxxTenant.

Appears in 1 contract

Samples: National Golf Properties Inc

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!