Procedure for Foreclosure on Default. (a) If the Leasehold Mortgagee has commenced taking steps to acquire or sell Tenant’s interest in this Lease by foreclosure of the Leasehold Mortgage or other appropriate means, the Leasehold Mortgagee shall provide Lessor notice of the same and shall prosecute the same to completion with due diligence.
Appears in 13 contracts
Samples: Master Lease Agreement (Kindred Healthcare, Inc), Master Lease Agreement (Kindred Healthcare, Inc), Guaranty of Lease (Kindred Healthcare, Inc)
Procedure for Foreclosure on Default. (a) If the Leasehold Mortgagee has commenced taking steps to acquire or sell Tenant’s 's interest in this Lease by foreclosure of the Leasehold Mortgage or other appropriate means, the Leasehold Mortgagee shall provide Lessor notice of the same and shall prosecute the same to completion with due diligence.
Appears in 5 contracts
Samples: Master Lease Agreement (Kindred Healthcare Inc), Master Lease Agreement (Kindred Healthcare Inc), Master Lease Agreement (Ventas Inc)
Procedure for Foreclosure on Default. (a) If the ------------------------------------ Leasehold Mortgagee has commenced taking steps to acquire or sell Tenant’s 's interest in this Lease by foreclosure of the Leasehold Mortgage or other appropriate means, the Leasehold Mortgagee shall provide Lessor Landlord notice of the same and shall prosecute the same to completion with due diligence.
Appears in 2 contracts
Samples: Master Lease Agreement (Vencor Healthcare Inc), Master Lease Agreement (Ventas Inc)
Procedure for Foreclosure on Default. (a) If the Leasehold Mortgagee has commenced taking steps to acquire or sell Tenant’s 's interest in this Lease by foreclosure of the Leasehold Mortgage or other appropriate means, the Leasehold Mortgagee shall provide Lessor notice of the same to Lessor and any Facility Mortgagee(s) and shall prosecute the same to completion with due diligence.
Appears in 2 contracts
Samples: Master Lease Agreement (Ventas Inc), Master Lease Agreement (Kindred Healthcare Inc)