Common use of Tenant's Notice of Default Clause in Contracts

Tenant's Notice of Default. Tenant agrees, provided the mortgagee, ground landlord or trust deed holder under any mortgage, ground lease, deed of trust or other security instrument ("Mortgagee") shall have notified Tenant in writing (by the way of a notice of assignment of lease or otherwise) of its address, Tenant shall give such Mortgagee, simultaneously with delivery of notice to Landlord, by registered or certified mail, a copy of any such notice of default served upon Landlord. Tenant further agrees that said Mortgagee shall have the right to cure any alleged default during the same period that Landlord has to cure such default.

Appears in 3 contracts

Samples: Deed of Lease (Coherent Communications Systems Corp), And Attornment Agreement (Ace Hardware Corp), Stanford Telecommunications Inc

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Tenant's Notice of Default. Tenant agrees, provided the mortgagee, ground landlord lessor or trust deed holder under any mortgage, ground lease, deed of trust or other security instrument ("Mortgagee") shall will have notified Tenant in writing (by the way of a notice of assignment of lease or otherwise) of its address, Tenant shall will give such mortgagee, ground lessor or trust deed holder or other secured party ("Mortgagee"), simultaneously with delivery of notice to Landlord, by registered or certified mail, a copy of any such notice of default served upon Landlord. Tenant further agrees that said such Mortgagee shall will have the right to cure any alleged default during the same period that Landlord has to cure such default.

Appears in 1 contract

Samples: Vitria Technology Inc

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