Compliance with Governmental Agencies. 21.1. All services furnished hereunder shall comply with the requirements of all governmental authorities having jurisdiction (the "Authorities"). The terms and conditions of the Lease, the Charter or any Lease Schedule shall be subject to the approval by the Authorities, if such approval is so required. Lessee agrees to comply with all material requirements of all Authorities applicable to it or its business. It is understood that, if at any time either prior to or subsequent to the initial starting date of the Lease, the Charter or any Lease Schedule, the Authorities shall render a final determination either disapproving the terms and conditions of the Lease, the Charter or any Lease Schedule or denying the application of Lessor for a gaming license, vendor registration or casino service supplier, as a result, directly or indirectly, of this Lease, the acts or omissions of Lessee or the identity, acts or omissions of persons or entities affiliated with Lessee, or if Lessor already has such a license, the qualifications of Lessor that then, in either of such events, the Lease, the Charter or any Lease Schedule shall be deemed terminated, as of the date of such disapproval or denial, as though such date were the date originally fixed herein for the notice of termination of the Lease, the Charter or any Lease Schedule.
Compliance with Governmental Agencies. 18.1. All services furnished hereunder shall comply with the requirements of all governmental authorities having jurisdiction (the "Authorities"). The terms and conditions of the Lease or any Lease Schedule shall be subject to the approval by the Authorities, if such approval is so required. It is understood that, if at any time either prior to or subsequent to the initial starting date of the Lease or any Lease Schedule, the Authorities shall render a final determination either disapproving the terms and conditions of the Lease or any Lease Schedule or denying the application of First Party for a gaming license, vendor registration or casino service supplier, or if First Party already has such a license, the qualifications of First Party that then, in either of such events, the Lease or any lease schedule shall be deemed terminated, as of the date of such disapproval or denial, as though such date were the date originally fixed herein for the notice of termination of the Lease or any lease schedule.
Compliance with Governmental Agencies. Lessee, at its expense, shall comply in all material respects with valid laws, ordinances, statutes, orders and regulations of any governmental agency applicable to the Solar Operations on the Leased Premises.
Compliance with Governmental Agencies. Borrower must comply with all regulations, orders or requirements of city, state and federal regulatory agencies.
Compliance with Governmental Agencies. 21.1. All services furnished hereunder shall comply with the requirements of all governmental authorities having jurisdiction (the “Authorities”). The terms and conditions of the Lease or any Lease Schedule shall be subject to the approval by the Authorities, if such approval is so required. It is understood that, if at any time either prior to or subsequent to the initial starting date of the Lease or any Lease Schedule, the Authorities shall render a final determination either disapproving the terms and conditions of the Lease or any Lease Schedule or denying the application of Lessor for a gaming license, vendor registration or casino service supplier, or if Lessor already has such a license, the qualifications of Lessor that then, in either of such events, the Lease, or any lease schedule shall be deemed terminated, as of the date of such disapproval or denial, as though such date were the date originally fixed herein for the notice of termination of the Lease or any lease schedule.
Compliance with Governmental Agencies. 18.1. All services furnished hereunder shall comply with the requirements of all governmental authorities having jurisdiction (the "Authorities"). The terms and conditions of the Lease or any Lease Schedule shall be subject to the approval by the Authorities, if such approval is so required. It is understood that, if at any time either prior to or subsequent to the initial starting date of the Lease or any Lease Schedule, the Authorities shall render a final determination either disapproving the terms and conditions of the Lease or any Lease Schedule or denying the application of First Party for a gaming license, vendor registration or casino service supplier, or if First Party already has such a license, the qualifications of First Party that then, in either of such events, the Lease or any lease schedule shall be deemed terminated, as of the date of such disapproval or denial, as though such date were the date originally fixed herein for the notice of termination of the Lease or any lease schedule. 18.2. If the Lease or any lease schedule is so terminated, then Second Party shall tender payment to First Party of (i) any amounts then due and owing under the Lease and any lease schedule, including but not limited to such items as rent, late charges, and taxes paid by or assessed upon First Party, and (ii) the amount equal to the Termination Value, as defined below, and First Party shall transfer title to the Equipment to Second Party and in that event the parties hereto shall have no further liability to each other. Second Party agrees to comply with all requirements of every governmental authority, which has jurisdiction over the Lease or any lease schedule and over Second Party. Termination Value shall be defined as the net present value of the remaining rentals due, including the purchase option amount, discounted at the original all-in yield, for each lease schedule.
