Common use of Acceleration of Purchase Obligation Clause in Contracts

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 at any time during the Lease Term (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 (g) or (h) of SECTION 20.1 with respect to the Lessee and (ii) as provided for in SECTION 20.2(a)(v) immediately upon written demand of the Lessor upon the occurrence of any other Event of Default.

Acceleration of Purchase Obligation. (a) The Lessee Lessees shall be obligated to purchase for an amount equal to the Lease Balance the Lessor's interest of the Lessor in all of the Leased Assets at any time during the Lease Term Properties (notwithstanding any prior election to exercise its Purchase Option pursuant to SECTION 22.118.1) (i) automatically and without notice upon the occurrence of any Lease Event of Default specified in clause CLAUSE (gG) or (hH) of SECTION 20.1 with respect to the Lessee 16.1 and (ii) as provided for in at SECTION 20.2(a)(v16.2(E) immediately upon written demand of the Lessor upon the occurrence and during the continuance of any other Lease Event of Default.

Acceleration of Purchase Obligation. (a) The Lessee shall be obligated to purchase for an amount equal to the Lease Balance Asset Termination Value the Lessor's interest in the Leased Assets at any time during the Lease Term Property (notwithstanding any prior election to exercise its Purchase Option pursuant to SECTION 22.1Section 20.1) (i) automatically and without notice upon the occurrence of any Lease Event of Default specified in clause (gf) or (hg) of SECTION 20.1 with respect to the Lessee Section 17.1, and (ii) as provided for in SECTION 20.2(a)(vat Section 17.2(e) immediately upon written demand of the Lessor upon the occurrence of any other Lease Event of DefaultDefault (except as provided in Section 17.2(h)).

Acceleration of Purchase Obligation. (a) The Lessee shall be obligated to purchase for an amount equal to the Lease Balance Asset Termination Value the Lessor's interest in the Leased Assets at any time during the Lease Term Property (notwithstanding any prior election to exercise its Purchase Option pursuant to SECTION 22.120.1) (i) automatically and without notice upon the occurrence and during the continuance of any Lease Event of Default specified in clause CLAUSE (f) or (g) or (h) of SECTION 20.1 with respect to the Lessee 17.1, and (ii) as provided for in at SECTION 20.2(a)(v17.2(e) immediately upon written demand of the Lessor upon the occurrence of any other Lease Event of DefaultDefault (except as provided in SECTION 17.2(h) or 17.2(i)).