Common use of Rights of Leasehold Mortgagee Clause in Contracts

Rights of Leasehold Mortgagee. If a Permitted Leasehold Mortgagee shall send to Landlord a true copy of its leasehold mortgage, together with written notice specifying the name and address of such Permitted Leasehold Mortgagee, then so long as such Permitted Leasehold Mortgage shall remain unsatisfied of record or until written notice of satisfaction is given by the holder to Landlord, the following provisions shall apply (in respect of such Permitted Leasehold Mortgage and of any other Permitted Leasehold Mortgages):

Appears in 3 contracts

Samples: Lease, Ground Lease (Universal City Travel Partners), Ground Lease Agreement (Universal City Development Partners LTD)

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Rights of Leasehold Mortgagee. If a Permitted Leasehold Mortgagee shall send to Landlord a true copy of its leasehold mortgage, together with written notice specifying the name and address of such Permitted Leasehold Mortgagee, then so long as such Permitted Leasehold Mortgage Mortgagee shall remain unsatisfied of record or until written notice of satisfaction is given by the holder to Landlord, the following provisions shall apply (in respect of such Permitted Leasehold Mortgage and of any other Permitted Leasehold MortgagesMortgage):

Appears in 1 contract

Samples: Lease

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