Common use of No Default by Lessee Clause in Contracts

No Default by Lessee. As of the date of this Certificate, (a) Lessee is not in default in the performance of the terms and provisions of the Lease; and (b) to the best knowledge of Commission, no event has occurred which, with the passage of time or the giving of notice or both, would constitute any such default, except as otherwise described in Paragraph AA, below. Commission has not given Lessee any notice of default under the Lease.

No Default by Lessee. As of the date of this Certificate, (a) Lessee is not in default in the performance of the terms and provisions of the Lease; and (b) , nor, to the best knowledge of Commission, no has any event has occurred which, with the passage of time or the giving of notice or both, would constitute any such a default, except as otherwise described in Paragraph AA, below. Commission has not given Lessee any notice of default under the Lease.