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 Tenant.

Appears in 6 contracts

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

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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 TenantXxxxxx.

Appears in 5 contracts

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

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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 Tenant.

Appears in 1 contract

Samples: National Golf Properties Inc

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