Common use of New Lease Clause in Contracts

New Lease. If Tenant has mortgaged its interest in this Lease in accordance with its terms, for so long as any such Mortgage is outstanding and of record, prior to the exercise of the FCRHA’s Termination Rights, provided Mortgagee is continuing to exercise (and has not abandoned) its cure rights as provided in Section 10.04, Mortgagee shall have the option to obtain a new lease (a “New Lease”) in accordance with the terms of this Section 10.05.

New Lease. If Tenant has mortgaged its interest in this Lease in accordance with its terms, for so long as any such Mortgage is outstanding and of record, prior to the exercise of the FCRHALandlord’s Termination Rights, provided Mortgagee is continuing to exercise (and has not abandoned) its cure rights as provided in Section 10.04, Mortgagee shall have the option to obtain a new lease (a “New Lease”) in accordance with the terms of this Section 10.0510.06.

New Lease. If Tenant has mortgaged its interest in this Lease in accordance with its terms, for so long as any such Mortgage is outstanding and of record, prior to the exercise of the FCRHALandlord’s Termination Rights, provided Mortgagee is continuing to exercise (and has not abandoned) its cure rights as provided in Section 10.04, Mortgagee shall have the option to obtain a new lease (a “New Lease”) in accordance with the terms of this Section 10.05.

New Lease. If Tenant has mortgaged its interest in this Lease in accordance with its terms, for so long as any such Mortgage is outstanding and of record, prior to the exercise of the FCRHALandlord’s Termination Rights, provided Mortgagee is continuing to exercise (and has not abandoned) its cure rights as provided in Section 10.04, Mortgagee shall have the option to obtain a new lease (a “New Lease”) in accordance with the terms of this Section 10.05., which New Lease shall become effective upon the termination of this Lease.‌