Rights and Obligations of Leasehold Mortgagees. If Developer or Developer’s successors or assigns shall mortgage the leasehold interest herein demised, then, as long as any such Mortgage shall remain unsatisfied of record, the following provisions shall apply:
Rights and Obligations of Leasehold Mortgagees. If Tenant obtains a Leasehold Mortgage in accordance with Section 10.1, then, as long as any such Leasehold Mortgage remains unsatisfied of record, the following provisions shall apply:
Rights and Obligations of Leasehold Mortgagees. If Tenant shall mortgage its leasehold interest hereunder, or any portion thereof, in accordance with the provisions of this Article, then, as long as any such Leasehold Mortgage shall remain unsatisfied of record and Landlord has received the notice specified in paragraph (c) of Section 13.1 above, the following provisions shall apply: (a) If the Leasehold Mortgagee shall register with Landlord its name and address in writing, no Event of Default shall be grounds for the termination of this Lease by Landlord unless and until (i) a notice thereof has been concurrently mailed to Tenant and to the Leasehold Mortgagee at their respective addresses registered with Landlord (the "Notice of Default") and (ii) the cure period set forth in paragraph (b) next below has expired without cure having been completed. (b) In the event Tenant shall be in default hereunder, the Leasehold Mortgagee shall, within the period and otherwise as herein provided, have the right (but not the obligation) to remedy such default, or cause the same to be remedied; and Landlord shall accept such performance by or at the instigation of such Leasehold Mortgagee as if the same had been done by Tenant. The Leasehold Mortgagee shall have thirty (30) days more than the period provided Tenant under this Lease after Landlord's delivery of the Notice of Default for curing the default or causing the same to be cured. Such additional thirty-day period shall be extended if (i) the default is other than the payment of money and such that it is not practicable to cure within such additional thirty-day period and (ii) the Leasehold Mortgagee diligently prosecutes such cure to completion. Tenant hereby constitutes and appoints the Leasehold Mortgagee as Tenant's agent and attorney-in-fact with full power, in Tenant's name, place and stead, and at Tenant's sole cost and expense, to enter upon the Property and the Improvements and to perform all acts required to be performed herein or in any sublease made hereunder by Tenant. (c) While any such Leasehold Mortgage remains unsatisfied of record, and an event or events shall occur which shall entitle Landlord to terminate this Lease, the Leasehold Mortgagee shall have the right to acquire all of Tenant's right under this Lease, provided such Leasehold Mortgagee shall: (i) before the expiration of thirty (30) days after the date of service of a notice of termination under this Lease (but in no event prior to the last day on which the Leasehold Mortgagee is e...
Rights and Obligations of Leasehold Mortgagees. If Tenant or Tenant’s successors or assigns shall enter into a Mortgage which constitutes a Permitted Encumbrance on the leasehold interest herein demised, then, until such time as such Mortgage has been satisfied in full or removed of record, the following provisions shall apply with respect to such Mortgage:
