Common use of Termination Not Valid Without Notice to the GOB Clause in Contracts

Termination Not Valid Without Notice to the GOB. (i) No rescission or termination of this Lease Agreement by the Company shall be of any effect without such notice and expiration of such cure period. (ii) The GOB may make or perform, but shall be under no obligation to make any payment (other than as required under the Guarantee) or to perform any act required of BPDB hereunder with the same effect as if the payment or act had been made or performed by BPDB.

Appears in 5 contracts

Samples: Land Lease Agreement, Land Lease Agreement, Land Lease Agreement

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Termination Not Valid Without Notice to the GOB. (i) No rescission or termination of this Land Lease Agreement by the Company shall be of any effect without such notice and expiration of such cure period. (ii) The GOB may make or perform, but shall be under no obligation to make any payment (other than as required under the Guarantee) or to perform any act required of BPDB hereunder with the same effect as if the payment or act had been made or performed by BPDB.

Appears in 1 contract

Samples: Land Lease Agreement

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Termination Not Valid Without Notice to the GOB. (i) No rescission or termination of this Lease Agreement by the Company shall be of any effect without such notice and expiration of such cure period. (ii) The GOB may make or perform, but shall be under no obligation to make any payment (other than as required under the Guarantee) or to perform any act required of BPDB [INSERT THE BUILDING OWNER NAME] hereunder with the same effect as if the payment or act had been made or performed by BPDB[INSERT THE BUILDING OWNER NAME] .

Appears in 1 contract

Samples: Rooftop Lease Agreement

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