Underlying Lease Default Sample Clauses

Underlying Lease Default. Landlord agrees to immediately forward to Tenant a copy of any notices received by Landlord under the Underlying Leases. In the event Landlord fails to make any payment when due under the Underlying Leases (and such failure is not caused or attributable to Tenant's failure to make rent payments as provided herein, including any failure to pay rent attributable to the Third Party Leases), or is otherwise in default thereunder, Tenant may, but is not obligated to, make such payments on behalf of Landlord, or take such other action as may be necessary, in Tenant's estimation, to cure such default, or to prevent the Underlying Leases from being terminated. All amounts so paid by Tenant, and all costs of taking such actions on behalf of Landlord, together with any interest or penalty required to be paid in connection therewith, shall be payable on demand by Landlord to Tenant, and if not so paid by Landlord, may be applied by Tenant to reduce subsequent rent payments owed to Landlord under this Sublease.