Common use of Extension of Time for Authorized Mortgagee Performance Clause in Contracts

Extension of Time for Authorized Mortgagee Performance. All time periods for an Authorized Mortgagee’s cure of non-monetary defaults under this Lease that require possession of the Premises for such cure and all time periods for the Authorized Mortgagee’s foreclosure or exercise of other remedies for ▇▇▇▇▇▇’s default are extended for a period of time equal to any stay, prevention or other delay resulting from bankruptcy, injunction or similar legal action or proceeding.