Additional Rental Payments. The Lessee may elect, at its sole discretion, to pay or cause to be paid, additional rentals to enable the Lessor to redeem or purchase Bonds prior to maturity. The Fixed Annual Rentals shall be reduced to the extent such payments are allocable to the Bonds redeemed or purchased by the Lessor with such additional rentals.
Appears in 4 contracts
Samples: Garage Lease, Garage Lease, Garage Lease
Additional Rental Payments. The Lessee Each of the Lessees may elect, at its sole discretion, to pay or cause to be paid, additional rentals to enable the Lessor to redeem or purchase Bonds prior to maturity. The Fixed Annual Rentals shall be reduced to the extent such payments are allocable to the Bonds redeemed or purchased by the Lessor with such additional rentals.
Appears in 4 contracts
Samples: Garage Lease, Garage Lease, Garage Lease