Common use of Termination of Default Clause in Contracts

Termination of Default. If Tenant defaults in performing any obligation arising out of this Master Lease and does not correct the default within 30 days (or such longer period as reasonably required based on the nature of the alleged breach) after receipt of written notice to Tenant and any lender, notice to whom is required by this Master Lease, Landlord may terminate this Master Lease.

Termination of Default. If Tenant defaults in performing any obligation arising out of this Master Lease and does not correct the default within 30 days (or such longer period as reasonably required based on the nature of the alleged breach) after receipt of written notice to Tenant Xxxxxx and any lender, notice to whom is required by this Master LeaseXxxxx, Landlord may terminate this Master Lease.