Certain Obligations Continue. During the period following Lessee’s exercise of the Sale Option and until and including the Expiration Date, the obligation of Lessee to pay Rent with respect to the Leased Property (including the installment of Rent due on the Expiration Date) shall continue undiminished. Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Article XX.
Appears in 2 contracts
Sources: Lease Agreement, Lease Agreement (Norfolk Southern Corp)
Certain Obligations Continue. During the period following Lessee’s exercise of the Sale Option and until up to and including the Expiration Date, the obligation of the Lessee hereunder, including the obligation to pay Rent with respect to the Leased Property (including the installment of Rent due on the Expiration Date) ), shall continue undiminished. The Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of the Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Article XX.
Appears in 2 contracts
Sources: Lease, Deed of Trust and Security Agreement (Silicon Laboratories Inc), Lease, Deed of Trust and Security Agreement (Silicon Laboratories Inc)
Certain Obligations Continue. During the period following Lessee▇▇▇▇▇▇’s exercise of the Sale Option and until and including the Expiration Date, the obligation of Lessee to pay Rent with respect to the Leased Property (including the installment of Rent due on the Expiration Date) shall continue undiminished. Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of Lessee ▇▇▇▇▇▇ to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Article XX.
Appears in 2 contracts
Sources: Lease, Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Corning Inc /Ny), Lease Agreement
Certain Obligations Continue. During the period following Lessee’s 's exercise of the Sale Option and until and including the Expiration Date, the obligation of the Lessee to pay Rent with respect to the Leased Property (including the installment of Rent due on the Expiration Date) shall continue undiminished. The Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of the Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Article XX.
Appears in 2 contracts
Sources: Lease (Kansas City Power & Light Co), Lease (Kansas City Power & Light Co)
Certain Obligations Continue. During the period following Lessee’s exercise of the Sale Option and until and including the Lease Expiration Date, the obligation of the Lessee under the Lease, including, without limitation, the obligation of Lessee to pay Rent with respect to the Leased Property Items of Equipment (including the installment of Rent due on the Lease Expiration Date) ), shall continue undiminished. The Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of the Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Article XXXV.
Appears in 2 contracts
Sources: Lease and Security Agreement (Lsi Logic Corp), Lease and Security Agreement (Lsi Logic Corp)
Certain Obligations Continue. During the period following Lessee’s 's exercise of the Sale Option and until and including the Lease Expiration Date, the obligation of the Lessee to pay Rent with respect to the Leased Property Items of Equipment (including the installment of Rent due on the Lease Expiration Date) shall continue undiminished. The Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of the Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Article XXXV.
Appears in 2 contracts
Sources: Lease and Security Agreement (Lsi Logic Corp), Lease and Security Agreement (Lsi Logic Corp)
Certain Obligations Continue. During the period following Lessee’s 's exercise of the Sale Option and until and including the Lease Expiration Date, the obligation of the Lessee to pay Rent with respect to the Leased Property Items of Equipment (including the installment of Rent due on the Lease Expiration Date) shall continue undiminished. The Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of the Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Article XX12.
Appears in 1 contract
Certain Obligations Continue. During the period following Lessee’s 's exercise of the Sale Option and until and including the Expiration DateOption, the obligation of Lessee to pay Rent with respect to the Leased Property Premises (including the installment of Rent due on the Expiration DateDate for the Premises) shall continue undiminished. Agent Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Article Artice XX.
Appears in 1 contract