Common use of Failure to Occupy Clause in Contracts

Failure to Occupy. If Virgin does not occupy the Virgin Facilities as of or at any time after the Date of Beneficial Occupancy, Virgin will be obligated to pay the Virgin Payables in accordance with the terms of the Facilities Lease.

Failure to Occupy. If Virgin does not occupy the Virgin Facilities as a s of or at any time after the Date of Beneficial OccupancyOccu pancy, Virgin will be obligated to pay the Virgin Payables in accordance with the terms of the Facilities Lease.