Common use of Notice to Mortgagee and Superior Landlord Clause in Contracts

Notice to Mortgagee and Superior Landlord. Subsequent to the receipt by Tenant of Notice from Landlord as to the identity of any Hotel Mortgagee or Superior Landlord under a lease with Landlord, as ground lessee, which includes the Leased Property as part of the demised premises and which complies with Section 19.1 and 19.2 (which Notice shall be accompanied by a copy of the applicable mortgage or lease), no notice from Tenant to Landlord as to the Leased Property shall be effective unless and until a copy of the same is given to such Hotel Mortgagee or Superior Landlord at the address set forth in the above described Notice, and the curing of any of Landlord's defaults by such Hotel Mortgagee or Superior Landlord shall be treated as performance by Landlord.

Appears in 2 contracts

Samples: Master Lease Agreement (Hospitality Properties Trust), Master Lease Agreement (Hospitality Properties Trust)

AutoNDA by SimpleDocs

Notice to Mortgagee and Superior Landlord. Subsequent to the receipt by Tenant of Notice from Landlord as to the identity of any Hotel Mortgagee or Superior Landlord under a lease with Landlord, as ground lessee, which includes the Leased Property as part of the demised premises and which complies with Section 19.1 20.1 and 19.2 20.2 (which Notice shall be accompanied by a copy of the applicable mortgage or lease), no notice from Tenant to Landlord as to the Leased Property shall be effective unless and until a copy of the same is given to such Hotel Mortgagee or Superior Landlord at the address set forth in the above described Notice, and the curing of any of Landlord's defaults by such Hotel Mortgagee or Superior Landlord shall be treated as performance by Landlord.

Appears in 2 contracts

Samples: Lease Agreement (Wyndham Hotel Corp), Lease Agreement (Hospitality Properties Trust)

AutoNDA by SimpleDocs

Notice to Mortgagee and Superior Landlord. Subsequent to the receipt by Tenant of Notice from Landlord as to the 85 -76- identity of any Hotel Mortgagee or Superior Landlord under a lease with Landlord, as ground lessee, which includes the Leased Property as part of the demised premises and which complies with Section 19.1 20.1 and 19.2 20.2 (which Notice shall be accompanied by a copy of the applicable mortgage or lease), no notice from Tenant to Landlord as to the Leased Property shall be effective unless and until a copy of the same is given to such Hotel Mortgagee or Superior Landlord at the address set forth in the above described Notice, and the curing of any of Landlord's defaults by such Hotel Mortgagee or Superior Landlord shall be treated as performance by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Wyndham Hotel Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.