Cure by Assignee. If any part of the Premises is at any time subject to a mortgage or a deed of trust, and this Lease or the rentals due from Tenant hereunder are assigned by Landlord to a mortgagee, trustee or beneficiary ("Mortgagee" for purposes of this Article 14 only) and Tenant is given written notice of the assignment including the post office address of Mortgagee, then Tenant shall also give written notice of any default by Landlord to Mortgagee, specifying the default in reasonable detail and affording Mortgagee a reasonable opportunity to cure such default and on behalf of Landlord.
Appears in 2 contracts
Sources: Lease Agreement (Cherokee International Corp), Lease Agreement (Flashcom Inc)