Common use of Lessor Commitment Clause in Contracts

Lessor Commitment. Subject to the conditions and terms hereof, the Lessor shall, upon the written request of the Lessee from time to time, make Advances on Funding Dates for the purpose of (i) in the case of any Property, financing the acquisition, ownership, insurance, renovation and improvement of such Property during the Construction Period applicable thereto, (ii) in the case of any Equipment and Systems, financing the acquisition, ownership and insurance of any asset constituting Equipment and Systems during the Construction Period for the related Property and (iii) in the case of any Other Asset not constituting Equipment and Systems, financing the acquisition of such Other Asset. Notwithstanding any other provision hereof, the Lessor shall not be obligated to make any Advance if, after giving effect thereto, the aggregate original amounts of Advances (x) with respect to the Leased Asset to be funded thereby would exceed the Lessor's Commitment relating thereto or (y) with respect to all Leased Assets would exceed the Lessor's Total Commitment. Notwithstanding anything herein to the contrary, until the Lessee shall have executed and delivered to the Lessor and to Sumitomo Bank Leasing and Finance, Inc., in its capacity as lessor under the Existing Master Lease, amendments to this Lease and the Existing Master Lease necessary to effect the Leased Asset Transfer, the Lessor's Total Commitment shall be $100,000,000.

Lessor Commitment. Subject to the terms and conditions and terms hereofof this Lease, the Lessor shall, upon the written request of the Lessee from time to timetime on or before the Base Date, make Advances Fundings on Funding Dates for the purpose of (i) in the case of any Property other than a Construction Property, financing the acquisition of such Property and related Tenant Improvements, if any, and (ii) in the case of any Construction Property, financing the acquisition, ownership, insurance, renovation and improvement of such Property during the Construction Period applicable thereto, (ii) . Except in the case of a Construction Property, the Lessor shall not make more than one Funding with respect to any Equipment and SystemsLeased Asset unless otherwise agreed by the Lessor with respect to such Leased Asset. After the initial Funding for any Construction Property, financing the acquisitionLessor shall make additional Fundings with respect thereto as provided herein, ownership and insurance of PROVIDED that the Lessor shall not make any asset constituting Equipment and Systems during Funding for any Construction Property after the Construction Period for the related Property and (iii) in the case of any Other Asset not constituting Equipment and Systems, financing the acquisition of such Other AssetLease Commencement Date applicable thereto. Notwithstanding any other provision hereof, the Lessor shall not be obligated to make any Advance Funding if, after giving effect thereto, the aggregate original amounts principal amount of Advances Fundings (x) with respect to the Leased Asset to be funded thereby would exceed the Lessor's Commitment Maximum Lease Balance relating thereto or (y) with respect to all Leased Assets would exceed the Lessor's Total Commitment. Notwithstanding anything herein to the contrary, until the Lessee shall have executed and delivered to the Lessor and to Sumitomo Bank Leasing and Finance, Inc., in its capacity as lessor under the Existing Master Lease, amendments to this Lease and the Existing Master Lease necessary to effect the Leased Asset Transfer, the Lessor's Total Commitment shall be $100,000,000.