Common use of Lease Event of Default Clause in Contracts

Lease Event of Default. Upon the occurrence and continuation of a Lease Event of Default, pursuant to which a termination payment as set forth in Section 24(d) of the Lease Agreement has become due and payable, the Certificate Holder Amounts evidenced by the Certificates (with accrued Equity Return thereon) and all other amounts then owing to the Certificate Holders by Trustee under this Trust Agreement, the Certificates and the other Operative Documents shall immediately become due and payable.

Lease Event of Default. Upon the occurrence and continuation of a Lease Event of Default, pursuant to which a termination payment as set forth in Section 24(d) of the Lease Agreement has become due and payablepayable automatically or with the consent, or at the request, of the Administrative Agent, such Certificate Holder Amounts evidenced by the Certificates (with accrued Equity Return thereon) and all other amounts then owing to the Certificate Holders by Trustee under this Trust Agreement, the Certificates and the other Operative Documents shall immediately become due and payable.