Acceleration of Purchase Obligation. The Lessees shall be obligated to purchase Lessor's interest in the Leased Properties immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause (f) or (g) of Article XII, for the purchase price set forth in Section 14.
Acceleration of Purchase Obligation. The Lessee shall be obligated to purchase for an amount equal to the Lease Balance all of the interest of the Lessor Trust in all of the Properties (notwithstanding any prior election to exercise its Purchase Option pursuant to Section 18.1) automatically and without notice upon the occurrence of any Lease Event of Default described in clause (i) of Section 16.1. Any purchase under this Section 18.3 shall be in accordance with the procedures set forth in Section 21.1(a).
Acceleration of Purchase Obligation. The Lessee shall ----------------------------------- be obligated to purchase the Lessor's interest in the Leased Property immediately, automatically and without notice upon the occurrence of any Event of Default specified in clause (l) of Article XII, for the purchase ----------- price set forth in Section 14.4. Upon the occurrence of any other Event of ------------ Default, the Lessee shall be obligated to purchase the Lessor's interest in the Leased Property for the purchase price set forth in Section 14.4 upon ------------ notice of such obligation from the Lessor.
Acceleration of Purchase Obligation. 28 ARTICLE XXI.......................................................................... 28 21.1. Renewal.......................................................... 28
Acceleration of Purchase Obligation. (a) The Lessee shall be ----------------------------------- obligated to purchase for an amount equal to the Asset Termination Value the Lessor's interest in the Property (notwithstanding any prior election to exercise its Purchase Option or Partial Purchase Option pursuant to Section ------- 20.1) (i) automatically and without notice upon the occurrence of any Lease ---- Event of Default specified in clause (f) or (g) of Section 17.1, and (ii) as ---------- --- ------------ provided for at Section 17.2(e) immediately upon written demand of the Lessor upon the occurrence of any other Lease Event of Default (except as provided in Section 17.2(i) and subject to Section 16.1(b) and (c)) with respect to the --------------- --------------- --- Lessee's recourse liability if such Lease Event of Default arises during the Agency Term.
(b) The Lessee shall be obligated to purchase for an amount equal to the Asset Termination Value (plus all other amounts (without duplication) owing in respect of Rent (including Supplemental Rent) theretofore accruing) (offsetting against such amount, subject to the terms of the Cash Collateral Agreement, the aggregate amount of the Cash Collateral) immediately upon written demand of the Lessor the Lessor's interest in the Property at any time during the Term when the Lessor ceases to have title as contemplated by Section 12.1. ------------
Acceleration of Purchase Obligation. 23 SECTION 15.4
Acceleration of Purchase Obligation. (a) The Lessee shall be obligated to purchase for an amount equal to the Lease Balance the Lessor's interest in the Leased Assets (notwithstanding any prior election to exercise its Purchase Option pursuant to Section 22.1) (i) automatically and without notice upon the occurrence of any Event of Default specified in clause (f) or (g) of Section 20.1 and (ii) as provided for at Section 20.2(e) immediately upon written demand of the Lessor upon the occurrence of any other Event of Default.
(b) The Lessee shall be obligated to purchase the Lessor's interest in the Leased Assets for an amount equal to the Lease Balance immediately upon written demand of the Lessor at any time during the term when (i) subject to Section 21.1, the Lessor ceases to have title as contemplated by Section 15.1 or (ii) any related Security Document (other than this Lease) to which the Lessee is a party shall cease to be in full force and effect, or shall cease to give the Lessor the Liens, rights, powers and privileges purported to be created thereby.
(c) Any purchase under this Section 22.2 shall be in accordance with Section 25.1(a).
Acceleration of Purchase Obligation. The Lessee shall be obligated to purchase the Lessor's interest in the Leased Property immediately, and automatically, for the purchase price set forth in SECTION 15.4 hereof, and without notice upon the occurrence of any Event of Default specified in CLAUSE (g) of ARTICLE XIII hereof; provided, however, that (without affecting any of the Lessee's obligations under SECTION 15.5 hereof or otherwise) the Lessor's obligations under SECTION 15.5(a) hereof shall be limited to delivery of a quit claim deed of the Leased Property.
Acceleration of Purchase Obligation. (a) The Lessee shall be obligated ----------------------------------- to purchase for an amount equal to the Asset Termination Value the Lessor's interest in the Property (notwithstanding any prior election to exercise its Purchase Option pursuant to Section 20.1) (i) automatically and without notice ------------ upon the occurrence of any Lease Event of Default specified in clause (f) or (g) ---------- --- of Section 17.1, and (ii) as provided for at Section 17.2(e) immediately upon ------------ --------------- written demand of the Lessor upon the occurrence of any other Lease Event of Default (except as provided in Section 17.2(h) or 17.2(i)). ---------------------------
(b) The Lessee shall be obligated to purchase for an amount equal to the Asset Termination Value (plus all other amounts (without duplication) owing in respect of Rent (including Supplemental Rent) theretofore accruing) (offsetting against such amount the aggregate amount of the Cash Collateral, if any, permitted to be retained by the Lessor, the Agent and the Participants) immediately upon written demand of the Lessor the Lessor's interest in the Property at any time during the Term when the Lessor ceases to have title as contemplated by Section 12.1. ------------
Acceleration of Purchase Obligation. (a) The Lessee shall be obligated to purchase for an amount equal to the Asset Termination Value the Lessor's interest in the Property
(i) automatically and without notice upon the occurrence and during the continuance of any Event of Default specified in clause (f) or (g) of Section 17.1, and (ii) as provided for at Section 17.2(e) immediately upon written demand of the Lessor upon the occurrence of any other Event of Default (except as provided in Section 17.2(h).
(b) The Lessee shall be obligated to purchase for an amount equal to the Asset Termination Value (plus all other amounts (without duplication) owing in respect of Rent (including Supplemental Rent) theretofore accruing) (offsetting against such amount the aggregate amount of the Cash Collateral, if any) immediately upon written demand of the Lessor the Lessor's interest in the Property at any time during the Term when the Lessor ceases to have title as contemplated by Section 12.1.
