Common use of Acceleration of Purchase Obligation Clause in Contracts

Acceleration of Purchase Obligation. Lessee shall be obligated to purchase Lessor's entire interest in all, but not less than all, of the Leased Property immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause (g) of Article XIII; provided, 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 Leased Property.

Acceleration of Purchase Obligation. Lessee shall be obligated to purchase Lessor's entire interest in all, but not less than all, of the Leased Property immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause CLAUSE (g) of Article ARTICLE XIII; providedPROVIDED, howeverHOWEVER, that (without affecting any of Lessee's obligations under Section SECTION 15.5 or otherwise) Lessor's obligations under Section SECTION 15.5 (a) shall be limited to delivery of a quit claim deed of the Leased Property.

Acceleration of Purchase Obligation. The Lessee shall be obligated to purchase the Lessor's entire interest in all, but not less than all, of the Leased Property immediately, automatically and automatically, for the purchase price set forth in SECTION 15.4 hereof, and without notice upon the occurrence of any Event of Default specified in clause CLAUSE (g) of Article XIIIARTICLE XIII hereof; provided, however, that (without affecting any of the Lessee's obligations under Section SECTION 15.5 hereof or otherwise) the Lessor's obligations under Section 15.5 (aSECTION 15.5(a) hereof shall be limited to delivery of a quit claim deed of the Leased Property.