Common use of Lessor Commitment Clause in Contracts

Lessor Commitment. (i) Subject to the terms and conditions hereof and after receipt of the Funding Request in accordance with Section 2.5 hereof, the Lessor agrees to make an investment on the Closing Date to the Escrow Agent in accordance with Section 2.3 in an amount equal to its Lessor Retained Interest. (ii) Subject to the terms and conditions hereof and after receipt of the Funding Request in accordance with Section 2.5 hereof, the Lessor agrees to make an investment on the Closing Date to the Escrow Agent in accordance with Section 2.3 in an amount equal to its Lessor Investment. (iii) The Lessor’s Commitment and Commitment Percentage with respect to the Lessor Retained Interest and the Lessor Investment are as specified on Schedule I-B or as specified in the applicable Assignment Agreement pursuant to which the Lessor became a party hereto. Nothing in this Section 2.2(b) shall operate to relieve the Rent Assignees or the Lessee from their respective obligations under the Operative Documents or to waive any of the Lessor’s rights against the Rent Assignees or the Lessee.