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benefit in the form reasonably satisfactory to LESSEE, and containing the terms described below <br />(the “Non-Disturbance Agreement”), and shall recognize LESSEE’s right to remain in <br />occupancy of and have access to the Premises as long as LESSEE is not in default of this <br />Agreement beyond applicable notice and cure periods. The Non-Disturbance Agreement shall <br />include the encumbering party’s (“Lender’s”) agreement that, if Lender or its <br />successor-in-interest or any purchaser of Lender’s or its successor’s interest (a “Purchaser”) <br />acquires an ownership interest in theTower or Property, Lender or such successor-in-interest or <br />Purchaser will (1) honor all of the terms of the Agreement, (2) fulfill LESSOR’s obligations <br />under the Agreement, and (3) promptly cure all of the then-existing LESSOR defaults under the <br />Agreement. Such Non-Disturbance Agreement must be binding on all of Lender’s participants <br />in the subject loan (if any) and on all successors and assigns of Lender and/or its participants and <br />on all Purchasers. In return for such Non-Disturbance Agreement, LESSEE will execute an <br />agreement for Lender’s benefit in which LESSEE (1) confirms that the Agreement is subordinate <br />to the Mortgage or other real property interest in favor of Lender, (2) agrees to attorn to Lender if <br />Lender becomes the owner of the Tower or Property and (3) agrees to accept a cure by Lender of <br />any of LESSOR’s defaults, provided such cure is completed within the deadline applicable to <br />LESSOR. In the event LESSOR defaults in the payment and/or other performance of any <br />mortgage or other real property interest encumbering the Property, LESSEE, may, at its sole <br />option and without obligation, cure or correct LESSOR’s default and upon doing so, LESSEE <br />shall be subrogated to any and all rights, titles, liens and equities of the holders of such mortgage <br />or other real property interest and LESSEE shall be entitled to deduct and setoff against all rents <br />that may otherwise become due under this Agreement the sums paid by LESSEE to cure or <br />correct such defaults. <br />28.RECORDING. LESSOR agrees to execute a Memorandum of this Agreement <br />which LESSEE may record with the appropriate recording officer. The date set forth in the <br />Memorandum of Lease is for recording purposes only and bears no reference to commencement <br />of either the Term or rent payments. <br />29.DEFAULT. <br />a.In the event there is a breach by LESSEE with respect to any of the <br />provisions of this Agreement or its obligations under it, including the payment of rent, LESSOR <br />shall give LESSEE written notice of such breach. After receipt of such written notice, LESSEE <br />shall have fifteen (15) days in which to cure any monetary breach and thirty (30) days in which <br />to cure any non-monetary breach, provided LESSEE shall have such extended period as may be <br />required beyond the thirty (30) days if the nature of the cure issuch that it reasonably requires <br />more than thirty (30) days and LESSEE commences the cure within the thirty (30) day period <br />and thereafter continuously and diligently pursues the cure to completion. LESSOR may not <br />maintain any action or effect any remedies for default against LESSEE unless and until LESSEE <br />has failed to cure the breach within the time periods provided in this Paragraph. <br />b.In the event there is a breach by LESSOR with respect to any of the <br />provisions of this Agreement or its obligations under it, LESSEE shall give LESSOR written <br />notice of such breach. After receipt of such written notice, LESSOR shall have thirty (30) days <br />in which to cure any such breach, provided LESSOR shall have such extended period as may be <br />required beyond the thirty (30) days if the nature of the cure is such that it reasonably requires <br />MINCRosey <br />11 <br />Tower Lease Agreement <br />2201205v4 <br /> <br />