Common use of Concurrent Notices Clause in Contracts

Concurrent Notices. Landlord shall, upon serving Tenant with any notices other than periodic billing notices, simultaneously serve a copy of such notice upon each Leasehold Mortgagee, and no notice of default or termination to Tenant shall be effective unless and until a copy is so served upon each Leasehold Mortgagee in the manner provided in this Lease for the giving of notices as contemplated by Article 24 (but Landlord’s failure simultaneously to serve a copy of such notice upon each Leasehold Mortgagee shall not constitute a Landlord default giving rise to any remedy exercisable by Tenant or any Leasehold Mortgagee).

Concurrent Notices. Landlord shall, upon serving Tenant with any notices other than rent and other periodic billing notices, simultaneously serve a copy of such notice upon each Leasehold Mortgagee, and no notice of default or termination to Tenant shall be effective unless and until a copy is so served upon each Leasehold Mortgagee in the manner provided in this Lease for the giving of notices as contemplated by Article 24 25 (but Landlord’s failure simultaneously to serve a copy of such notice upon each Leasehold Mortgagee shall not constitute a Landlord default giving rise to any remedy exercisable by Tenant or any Leasehold Mortgagee).