Right to Perform Covenants and Agreements Sample Clauses

Right to Perform Covenants and Agreements. Any mortgagee shall have the right, but not the obligation to perform any obligation of Columbia under this Agreement and to remedy any default by Columbia. The City shall accept performance by or at the instigation of a mortgagee in fulfillment of Columbia’s obligations, for the account of Columbia and with the same force and effect as if performed by Columbia. No such performance by a mortgagee shall cause such mortgagee to become a “mortgagee in possession” or otherwise cause such mortgagee to be deemed to be in possession of the Shoreside Facilities Sites or bound by this Agreement.
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Right to Perform Covenants and Agreements. 18 15.5 Transfer of SNA's Rights. . . . . . . . . . . . . . . . . . . . . . 18 15.6 Notice of Default and Leasehold Mortgagee's Cure Rights . . . . . . 18 15.7
Right to Perform Covenants and Agreements. Any Leasehold Mortgagee shall have the right, but not the obligation, to perform any obligation of SNA under this Operating Property Agreement and to remedy any default by SNA. The City shall accept performance by or at the instigation of a Leasehold Mortgagee in fulfillment of SNA's obligations, for the account of SNA and with the same force and effect as if performed by SNA. No such performance by a Leasehold Mortgagee shall cause such Leasehold Mortgagee to become a "mortgagee in possession" or otherwise cause such Leasehold Mortgagee to be deemed to be in possession of the Leased Property or bound by this Operating Property Agreement.
Right to Perform Covenants and Agreements. 30 19.5 Transfer of Tenant's Rights.............................
Right to Perform Covenants and Agreements. Any Prime Mortgagee shall have the right, but not the obligation, to perform any obligation of Tenant under this Lease and to remedy any Default by Tenant. Landlord shall accept performance by or at the instigation of a Prime Mortgagee in fulfillment of Tenant's obligations, for the account of Tenant and with the same force and effect as if performed by Tenant. No such performance by a Prime Mortgagee shall cause such Prime Mortgagee to become a "mortgagee in possession" or otherwise cause such Prime Mortgagee to be deemed to be in possession of the Premises or bound by this Lease. Notwithstanding the foregoing, in the event a leasehold mortgagee of any Subtenant is undertaking the performance of a Non-Monetary Default or the remedy of a Non-Monetary Default, a Prime Mortgagee shall not have the right to undertake the same as long as such leasehold mortgagee is pursuing the performance of such obligation or remedy of such Non-Monetary Default with due diligence and in good faith.
Right to Perform Covenants and Agreements. Any ArenaCo Lender shall have the right, but not the obligation, to perform any obligation of ArenaCo under this Agreement and to remedy any default by ArenaCo. The City shall accept performance by or at the instigation of a ArenaCo Lender in fulfillment of ArenaCo's obligations, for the account of ArenaCo, and with the same force and effect as if performed by ArenaCo. No performance by or on behalf of such ArenaCo Lender shall cause it to become a lender in possession or otherwise cause it to be deemed to be in possession of the Parking Facilities or bound by or liable under this Agreement.
Right to Perform Covenants and Agreements. Any Leasehold Mortgagee shall have the right, but not the obligation, to perform any obligation of ArenaCo under this Agreement and to remedy any default by ArenaCo. The City shall accept performance by or at the instigation of a Leasehold Mortgagee in fulfillment of ArenaCo's obligations, for the account of ArenaCo, and with the same force and effect as if performed by ArenaCo. No performance by or on behalf of such Leasehold Mortgagee shall cause it to become a "mortgagee in possession" or otherwise cause it to be deemed to be in possession of the Arena or bound by or liable under this Agreement.
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Right to Perform Covenants and Agreements. 46 20.5 Transfer of Tenant's Rights................................................................... 46 20.6 Notice of Default and Mortgagee's Cure Rights................................................. 46
Right to Perform Covenants and Agreements. Any Leasehold Mortgagee shall have the right, but not the obligation, to perform any obligation of Tenant under this Lease and to remedy any Default by Tenant. Landlord shall accept performance by or at the instigation of a Leasehold Mortgagee in fulfillment of Tenant's obligations, for the account of Tenant and with the same force and effect as if performed by Tenant. No such performance by a Leasehold Mortgagee shall cause such Leasehold Mortgagee to become a "mortgagee in possession" or otherwise cause such Leasehold Mortgagee to be deemed to be in possession of the Premises or bound by this Lease.
Right to Perform Covenants and Agreements. A Leasehold Mortgagee shall have the right, but not the obligation, to perform any obligation of Tenant under this Lease and to remedy any default by Tenant. Landlord shall accept performance by or at the instigation of a Leasehold Mortgagee in fulfillment of Tenant's obligations, for the account of Tenant and with the same force and effect as if performed by Tenant. No performance by or on behalf of such Leasehold Mortgagee shall cause it to become a "mortgagee in possession" or otherwise cause it to be deemed to be in possession of the Premises or bound by or liable under this Lease.
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