Common use of Event of Default Exists Clause in Contracts

Event of Default Exists. If an Event of Default exists, Tenant hereby irrevocably authorizes Landlord to make any and all withdrawals from, and transfers between, any Accounts as Landlord shall determine in Landlord’s sole and absolute discretion.

Appears in 1 contract

Sources: Lease Agreement (Equity Lifestyle Properties Inc)

Event of Default Exists. If an Event of Default exists, Tenant hereby irrevocably authorizes Landlord to make any and all withdrawals from, and transfers between, any Accounts as Landlord shall determine in Landlord’s 's sole and absolute discretion.

Appears in 1 contract

Sources: Lease Agreement (Equity Lifestyle Properties Inc)