Acceleration of Purchase Obligation. The Lessees shall be obligated to purchase Lessor's interest in the Leased Properties immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause (f) or (g) of Article XII, for the purchase price set forth in Section 14.
Appears in 3 contracts
Sources: Master Lease Agreement (Choicepoint Inc), Master Lease Agreement (Choicepoint Inc), Master Lease Agreement (Dollar General Corp)
Acceleration of Purchase Obligation. The Lessees Lessee shall be obligated to purchase Lessor's interest in the Leased Properties Property immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause CLAUSE (f) or (gF) of Article ARTICLE XII, for the purchase price set forth in Section SECTION 14.
Appears in 2 contracts
Sources: Lease Agreement (Supreme International Corp), Lease Agreement (Supreme International Corp)
Acceleration of Purchase Obligation. The Lessees Lessee shall be obligated to purchase Lessor's interest in the Leased Properties immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause (f) or (g) of Article XII, for the purchase price set forth in Section 14.
Appears in 2 contracts
Sources: Master Agreement (Ruby Tuesday Inc), Master Agreement (Ruby Tuesday Inc)
Acceleration of Purchase Obligation. The Lessees Lessee shall be obligated to purchase Lessor's interest in the Leased Properties Property immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause (f) or (g) of Article XIIXIII provided, for however, that (without affecting any of Lessee's obligations under Section 15.5 or otherwise) Lessor's obligations under Section 15.5(a) shall be limited to delivery of a quit claim deed of the purchase price set forth in Section 14Leased Property.
Appears in 1 contract
Acceleration of Purchase Obligation. The Lessees shall be obligated to purchase Lessor's interest in the Leased Properties immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause CLAUSE (f) or (g) of Article ARTICLE XII, for the purchase price set forth in Section SECTION 14.
Appears in 1 contract
Sources: Master Lease Agreement (Allete Inc)
Acceleration of Purchase Obligation. The Lessees shall be obligated to purchase Lessor's interest in the Leased Properties immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause (f) or (g) of Article XII, for the purchase price set forth in Section 14.
Appears in 1 contract
Acceleration of Purchase Obligation. The Lessees Lessee shall be obligated to purchase Lessor's entire interest in all, but not less than all, of the Leased Properties Property immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause (f) or (g) of Article XII, for the purchase price set forth in Section 14.clause
Appears in 1 contract
Sources: Master Lease and Development Agreement (Atria Communities Inc)
Acceleration of Purchase Obligation. The Lessees shall be obligated to purchase Lessor's interest in the Leased Properties immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause CLAUSE (f) or (g) of Article ARTICLE XII, for the purchase price set forth in Section 14SECTION 14.4. Upon the occurrence and during the continuance of any other Event of Default, Lessees shall be obligated to purchase Lessor's interest in the Leased Properties for the purchase price set forth in SECTION 14.4 upon notice of such obligation from Lessor.
Appears in 1 contract
Acceleration of Purchase Obligation. The Lessees Lessee shall be obligated to purchase Lessor's interest in the Leased Properties Property immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause (f) or (g) of Article XII, for the purchase price set forth in Section 14.
Appears in 1 contract
Acceleration of Purchase Obligation. The Lessees shall be obligated to purchase Lessor's interest in the Leased Properties immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause (f) or (g) of Article XII, for the purchase price set forth in Section 14.notice
Appears in 1 contract
Acceleration of Purchase Obligation. The Lessees Lessee shall be obligated to purchase Lessor's interest in the Leased Properties Property immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause (f) or (g) of Article XIIXIII; provided, for however, that (without affecting any of Lessee's obligations under Section 15.5 or otherwise) Lessor's obligations under Section 15.5 (a) shall be limited to delivery of a quit claim assignment of the purchase price set forth in Section 14Leased Property.
Appears in 1 contract
Sources: Lease and Development Agreement (Eagle Usa Airfreight Inc)
Acceleration of Purchase Obligation. The Lessees Lessee shall be obligated to purchase Lessor's ’s interest in the Leased Properties immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause (fi), (j) or (gk) of Article XII, for the purchase price set forth in Section 1414.4. Upon the occurrence and during the continuance of any other Event of Default, Lessee shall be obligated to purchase Lessor’s interest in the Leased Properties for the purchase price set forth in Section 14.4 upon notice of such obligation from Lessor.
Appears in 1 contract
Acceleration of Purchase Obligation. The Lessees Lessee shall be obligated to purchase Lessor's interest in the Leased Properties immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause (f) or (g) of Article XII, for the purchase price set forth in Section 14.
Appears in 1 contract
Sources: Master Agreement (Ruby Tuesday Inc)
Acceleration of Purchase Obligation. The Lessees shall be obligated to purchase Lessor's interest in the Leased Properties immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause (f) or (g) of Article XII, for the purchase price set forth in Section 14.
Appears in 1 contract
Acceleration of Purchase Obligation. The Lessees Lessee shall be obligated to purchase Lessor's ’s interest in the Leased Properties Property immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause (f), (g) or (gh) of Article XII, for the purchase price set forth in Section 1414.4. Upon the occurrence and during the continuance of any other Event of Default, the Lessee shall be obligated to purchase Lessor’s interest in the Leased Property for the purchase price set forth in Section 14.4 upon notice of such obligation from Lessor.
Appears in 1 contract
Acceleration of Purchase Obligation. The Lessees Lessee shall be obligated to purchase Lessor's interest in the Leased Properties immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause paragraph (fi), (j) or (gk) of Article XII, for the purchase price set forth in Section 14.
Appears in 1 contract
Sources: Master Agreement (Aaron Rents Inc)