Amendments to Master Lease. For purposes of this Schedule only, Lessee and Lessor agree to amend the Master Lease as follows: (a) public liability or property insurance as described in the second sentence of Section 8 will not be required; (b) the definition of "Stipulated Loss Value" in clause (b) of Section 9 is deleted and replaced by Paragraph 10 below; (c) the text of Section 10 is deleted in its entirety; (d) Subsections 23(a) and 23(c) are deleted; (e) subsection 23(b) and the last sentence of section 4 will apply only if an event of default occurs; and (f) all references in the Lease as it relates to this Schedule to "Lessee" and "Lessor" shall be changed to "Borrower" and "Lender" respectively.
Appears in 5 contracts
Samples: Master Lease Agreement (Meadow Valley Corp), Master Lease Agreement (Meadow Valley Corp), Master Lease Addendum (Mace Security International Inc)
Amendments to Master Lease. For purposes of this Schedule onlyFOR PURPOSES OF THIS SCHEDULE ONLY, Lessee and Lessor agree to amend the Master Lease as follows: (a) public liability or property insurance as described in the second sentence of Section 8 will not be required; (b) the definition of "Stipulated Loss Value" in clause (b) of Section 9 is deleted and replaced by Paragraph 10 below; (c) the text of Section 10 is deleted in its entirety; (d) Subsections 23(a) and 23(c) are deleted; (e) subsection 23(b) and the last sentence of section 4 will apply only if an event of default occurs; and (f) all references in the Lease as it relates to this Schedule to "Lessee" and "Lessor" shall be changed to "Borrower" and "Lender" respectively.
Appears in 2 contracts
Samples: Master Lease Agreement (Cerprobe Corp), Cerprobe Corp
Amendments to Master Lease. For purposes of this Schedule onlyFOR PURPOSES OF THIS SCHEDULE ONLY, Lessee and Lessor agree to amend the Master Lease as follows: (ai) public liability or property insurance as described in the second sentence of Section 8 will not be required; (bii) the definition of "Stipulated Loss Value" in clause (b) of Section 9 is deleted and replaced by Paragraph 10 belowC below of this Schedule; (ciii) the text of Section 10 is deleted in its entirety; (div) Subsections 23(a) and 23(c) are deleted; (ev) subsection Subsection 23(b) and the last sentence of section Section 4 will apply only if an event of default occurs; and (fvi) all references in the Lease as it relates to this Schedule to "Lessee" and "Lessor" shall be changed amended to "Borrower" and "Lender" respectively.. C.
Appears in 2 contracts
Samples: Bioanalytical Systems Inc, Bioanalytical Systems Inc
Amendments to Master Lease. For purposes of this Schedule only, Lessee and Lessor agree to amend the Master Lease as follows: (a) public liability or property insurance as described in the second sentence of Section 8 will not be required; (b) the definition of "Stipulated Loss Value" in clause (b) of Section 9 is deleted and replaced by Paragraph 10 below; (c) the text of Section 10 is deleted in its entirety; (d) Subsections 23(a), 23(c) and 23(c23(d) are deleted; (e) subsection 23(b) and the last sentence of section 4 will apply only if an event of default occurs; and (f) all references in the Lease as it relates to this Schedule to "Lessee" and Lessee"and "Lessor" shall be changed to "Borrower" and "Lender" respectively.
Appears in 1 contract
Samples: Meadow Valley Corp
Amendments to Master Lease. For purposes of this Schedule onlyFOR PURPOSES OF THIS SCHEDULE ONLY, Lessee and Lessor agree to amend the Master Lease as follows: (a) public liability or property insurance as described in the second sentence of Section 8 will not be required; (b) the definition of "Stipulated Loss Value" in clause (b) of Section 9 is deleted and replaced by Paragraph 10 below; (c) the text of Section 10 is deleted in its entirety; (d) Subsections 23(a) and 23(c) are deleted; (e) subsection 23(b) and the last sentence of section 4 will apply only if an event of default occurs; , and (f) all references in the Lease as it relates to this Schedule to "Lessee" and "Lessor" shall be changed to "Borrower" and "Lender" respectively.
Appears in 1 contract
Amendments to Master Lease. For purposes of this Schedule onlyFOR PURPOSES OF THIS SCHEDULE ONLY, Lessee and Lessor agree to amend to the Master Lease as follows: (a) public liability or property insurance as described in the second sentence of Section 8 will not be required; (b) the definition of "Stipulated Loss Value" in clause (b) of Section 9 is deleted and replaced by Paragraph 10 below; (c) the text of Section 10 is deleted in its entirety; (d) Subsections 23(a) and 23(c) and 23(d) are deleted; (e) subsection 23(b) and the last sentence of section 4 will apply only if an event of default occurs; and (f) all references in the Lease as it relates to this Schedule to "Lessee" and "Lessor" shall be changed to "Borrower" and "Lender" respectively.
Appears in 1 contract
Samples: Meadow Valley Corp
Amendments to Master Lease. For purposes of this Schedule only, Lessee and Lessor agree to amend the Master Lease as follows: (a) public liability or property insurance as described in the second sentence of Section 8 will not be required; (b) the definition of "Stipulated Loss Value" in clause (b) of Section 9 is deleted and replaced by Paragraph 10 below; (c) the text of Section 10 is deleted in its entiretyentirely; (d) Subsections 23(a) and 23(c) are deleted; (e) subsection 23(b) and the last sentence of section 4 will apply only if an event of default occurs; and (f) all references in the Lease as it relates to this Schedule to "Lessee" and "Lessor" shall be changed to "Borrower" and "Lender" respectively.
Appears in 1 contract
Amendments to Master Lease. For purposes of this Schedule onlyFOR PURPOSES OF THIS SCHEDULE ONLY, Lessee and Lessor LESSEE AND LESSOR agree to amend the Master Lease as follows: (a) public liability or property insurance as described in the second sentence of Section 8 will not be required; (b) the definition of "Stipulated Loss loss Value" in clause (b) of Section 9 is deleted and replaced by Paragraph 10 below; (c) the text of Section 10 is deleted in its entirety; (d) Subsections 23(a) and 23(c) are deleted; (e) subsection 23(b)) and the last sentence of section 4 will apply only if an event of default occurs; and (fand(f) all references in the Lease as at it relates to this Schedule to "Lessee" and "Lessor" shall be changed to "Borrower" and "Lender" respectively.
Appears in 1 contract
Samples: Cerprobe Corp