Common use of Notice of Defaults to Leasehold Mortgagee Clause in Contracts

Notice of Defaults to Leasehold Mortgagee. If Landlord has received notice from Tenant of the current names and addresses of one or more Leasehold Mortgagees secured by a Trust Deed in the manner specified in this Lease, Landlord shall not take any action to terminate this Lease because of any default or breach hereunder by Tenant if any such Leasehold Mortgagee under such Trust Deed, within the time periods set forth below after service of written notice to such Leasehold Mortgagee by Landlord of Landlord’s intention to terminate this Lease for such default or breach:

Notice of Defaults to Leasehold Mortgagee. If Landlord has received notice from Tenant of the current names and addresses of one or more Leasehold Mortgagees secured by a Trust Deed in the manner specified in this Lease, Landlord shall not take any action to terminate this Lease because by reason of any default or breach hereunder by Tenant if any such Leasehold Mortgagee under such Trust Deed, within the time periods set forth below below, after service of written notice to such Leasehold Mortgagee by Landlord of Landlord’s intention to terminate this Lease for such default or breach: