Leases: mortgagee protection clause | Practical Law
A clause for use in a long lease of a commercial property which obliges the landlord to give the tenant's mortgagee the opportunity to remedy a breach before steps are taken to forfeit the lease.
A clause for use in a long lease of a commercial property which obliges the landlord to give the tenant's mortgagee the opportunity to remedy a breach before steps are taken to forfeit the lease.