Common use of Certain Obligations Continue Clause in Contracts

Certain Obligations Continue. During the Marketing Period, the obligation of Lessee to pay Rent with respect to each Property (including the installment of Basic Rent due on the Maturity Date) shall continue undiminished until payment in full to Lessor of the sale proceeds, the Maximum Residual Guarantee Amount, if any, the amount due under Section 21.3, if any, and all other amounts due to Lessor with respect to the Property. Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Section 21.

Appears in 3 contracts

Samples: Lease (Living Centers of America Inc), Lease (Paragon Health Network Inc), Kindercare Learning Centers Inc /De

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Certain Obligations Continue. During the Marketing Period, the ---------------------------- obligation of Lessee to pay Rent with respect to each the Property (including the installment of Basic Rent due on the Maturity Date) shall continue undiminished until payment in full to Lessor of the sale proceeds, the Maximum Residual Guarantee Amount, if any, the amount due under Section 21.3, if any, and all other amounts due to Lessor with respect to the Property. Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Section 21.

Appears in 2 contracts

Samples: Lease (Ebay Inc), Lease (Immunex Corp /De/)

Certain Obligations Continue. During the Marketing Period, the obligation of Lessee to pay Rent with respect to each Property the Properties (including the installment of Basic Rent due on the Maturity Expiration Date) shall continue undiminished until payment in full to Lessor of the sale proceeds, if any, the Maximum Residual Guarantee Amount, if any, the amount due under Section 21.322.3, if any, and all other amounts due to Lessor with respect to the PropertyProperties. Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Section 21Article XXII.

Appears in 2 contracts

Samples: Lease Agreement (Healthsouth Corp), Lease Agreement (Healthsouth Corp)

Certain Obligations Continue. During the Marketing Period, the obligation of Lessee to pay Rent with respect to each Property piece of Equipment (including the installment of Basic Rent due on the Maturity Date) shall continue undiminished until payment in full to Lessor of the sale proceeds, the Maximum Residual Guarantee Amount, if any, the amount due under Section 21.3, if any, and all other amounts due to Lessor with respect to the Propertypiece of Equipment. Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Section 21.

Appears in 2 contracts

Samples: Lease (Hanover Compression Inc), Credit Agreement (Hanover Compressor Co)

Certain Obligations Continue. During the Marketing Remarketing Period, the obligation of Lessee to pay Rent with respect to each Property (including the installment of Basic Rent due on the Maturity Date) shall continue undiminished until payment in full to Lessor of the sale proceeds, the Maximum Residual Guarantee Amount, if any, the amount due under Section 21.3, if any, and all other amounts due to Lessor with respect to the Property. Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Section 21.

Appears in 2 contracts

Samples: Lease, Security Agreement and Financing Agreement (Fred Meyer Inc), Lease, Security Agreement and Financing Agreement (Quality Food Centers Inc)

Certain Obligations Continue. During the Marketing Period, the obligation of Lessee to pay Rent with respect to each Property Unit (including the installment of Basic Rent due on the Maturity Expiration Date) shall continue undiminished until payment in full to Lessor of the sale proceeds, the Maximum Residual Guarantee AmountFinal Rent Payment, if any, the amount due under Section 21.3, if any, and all other amounts due to Lessor with respect to the PropertyUnit. Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Section 21.

Appears in 2 contracts

Samples: Lease (Hanover Compressor Co /), Hanover Compressor Co /

Certain Obligations Continue. During the Marketing Period, the obligation of Lessee to pay Rent with respect to each the Property (including the installment of Basic Rent due on the Maturity Date) shall continue undiminished until payment in full to Lessor of the sale proceeds, the Maximum Residual Guarantee Amount, if any, the amount due under Section 21.3, if any, and all other amounts due to Lessor with respect to the Property. Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Section 21.

Appears in 1 contract

Samples: Safeskin Corp

Certain Obligations Continue. During the Marketing Period, the obligation of Lessee to pay Rent with respect to each the Property (including the installment of Basic Rent due on the Maturity Date) shall continue undiminished until payment in full to Lessor of the sale proceeds, the Maximum Residual Guarantee Amount, if any, the amount due under Section 21.3, if any, and all other amounts due to Lessor with respect to the Property. Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Section Article 21.

Appears in 1 contract

Samples: Lease Supplement Improvements (Lam Research Corp)

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Certain Obligations Continue. During the Marketing Period, the obligation of Lessee to pay Rent with respect to each Property (including the installment of Basic Rent due on the Maturity Date) shall continue undiminished until payment in full to Lessor of the sale proceeds, the Maximum Residual Guarantee Amount, if any, the amount due under Section 21.3, if any, and all other amounts due to Lessor with respect to the Property. Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Section 21. 22.

Appears in 1 contract

Samples: Lease (Dominicks Supermarkets Inc)

Certain Obligations Continue. During the Marketing Period, the obligation of Lessee the Lessees to pay Rent with respect to each Property (including the installment of Basic Rent due on the Maturity Expiration Date) shall continue undiminished until payment in full to Lessor of the sale proceeds, the Maximum Residual Guarantee Amount, if any, the amount due under Section 21.3, if any, Lease Recourse Amount and all other amounts due to the Lessor with respect to the PropertyProperties under the Operative Documents to which each Lessee is a party. The Lessor and the Tranche B Lenders shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of Lessee the Lessees to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Section 21Article XX.

Appears in 1 contract

Samples: Master Lease (Multicare Companies Inc)

Certain Obligations Continue. During the Marketing Period, the obligation of Lessee to pay Rent with respect to each Property the Properties (including the installment of Basic Rent due on the Maturity Expiration Date) shall continue undiminished until payment in full to Lessor of the sale proceeds, if any, the Maximum Residual Guarantee Amount, if any, the amount due under Section 21.322.3, if any, and all other amounts due to Lessor with respect to the Property. Properties: Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Section 21Article XXII.

Appears in 1 contract

Samples: Lease Agreement (Healthsouth Corp)

Certain Obligations Continue. During the Marketing Period, the obligation of Lessee to pay Rent with respect to each Property the Project (including the installment of Basic Rent due on the Maturity Date) shall continue undiminished until payment in full to Lessor of the sale proceeds, the Maximum Residual Guarantee Amount, if any, the amount due under Section 21.3, if any, and all other amounts due to Lessor with respect to the PropertyProject. Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Section 21.

Appears in 1 contract

Samples: Lease (Farmland Industries Inc)

Certain Obligations Continue. During the Marketing Period, the ---------------------------- obligation of Lessee to pay Rent with respect to each Property (including the installment of Basic Rent due on the Maturity Date) shall continue undiminished until payment in full to Lessor of the sale proceeds, the Maximum Residual Guarantee Amount, if any, the amount due under Section 21.3, if any, and all other amounts due to Lessor with respect to the Property. Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly provided in this Section 21.

Appears in 1 contract

Samples: Lease (Sailors Inc)

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