Common use of Adequate Assurance of Future Performance Clause in Contracts

Adequate Assurance of Future Performance. If Tenant’s trustee or the debtor-in-possession assumes this Lease pursuant to the terms and provisions of Sections 15.01 or 15.02 for the purpose of assigning (or otherwise elects to assign) this Lease to an assignee other than Guarantor, then this Lease may be so assigned only if the proposed assignee provides adequate assurance of future performance of all of the terms, covenants and conditions of this Lease to be performed by Tenant including, without limitation, the obligation to pay Base Rental. As used herein, “adequate assurance of future performance” means that no less than each of the following conditions has been satisfied:

Adequate Assurance of Future Performance. If Tenant’s 's trustee or the debtor-in-possession assumes this Lease pursuant to the terms and provisions of Sections 15.01 14.1 or 15.02 14.2 for the purpose of assigning (or otherwise elects to assign) this Lease to an assignee other than Guarantor, then this Lease may be so assigned only if the proposed assignee provides adequate assurance of future performance of all of the terms, covenants and conditions of this Lease to be performed by Tenant including, without limitation, the obligation to pay Base Rental. As used herein, “"adequate assurance of future performance” " means that no less than each of the following conditions has been satisfied: