Common use of Compliance with Terms of Leaseholds Clause in Contracts

Compliance with Terms of Leaseholds. Make all payments and otherwise perform all obligations in respect of all material leases of real property to which the Company or any of its Subsidiaries is a party, keep such leases in full force and effect and not allow such leases to lapse or be terminated or any rights to renew such leases to be forfeited or cancelled, except, in any case, where (a) the Company or such Subsidiary determines in its reasonable business judgment that it will allow such lease to lapse or be terminated, or (b) the failure to do so, either individually or in the aggregate, could not be reasonably likely to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (W. P. Carey Inc.), Credit Agreement (W P Carey & Co LLC), Credit Agreement (W P Carey & Co LLC)

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Compliance with Terms of Leaseholds. Make all payments and otherwise perform all obligations in respect of all material leases of real property to which the Company or any of its Subsidiaries is a party, keep such leases in full force and effect and not allow such leases to lapse or be terminated or any rights to renew such leases to be forfeited or cancelled, notify the Agent of any default by any party with respect to such leases and cooperate with the Agent in all respects to cure any such default, except, in any case, where (a) the Company or such Subsidiary determines in its reasonable business judgment that it will allow such lease to lapse or be terminated, or (b) the failure to do so, either individually or in the aggregate, could would not be reasonably likely to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Nortek Inc), Ply Gem (Nortek Inc)

Compliance with Terms of Leaseholds. Make all payments and otherwise perform all obligations in respect of all material leases of real property to which the Company Borrower or any of its Subsidiaries is a party, keep such leases in full force and effect and not allow such leases to lapse or be terminated or any rights to renew such leases to be forfeited or cancelled, except, in any case, where (ax) the Company Borrower or such Subsidiary determines in its reasonable business judgment that it will allow such lease to lapse or be terminated, or (by) the failure to do so, either individually or in the aggregate, could not be reasonably likely to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Corporate Property Associates 16 Global Inc), Credit Agreement (Corporate Property Associates 16 Global Inc)

Compliance with Terms of Leaseholds. Make all payments and otherwise perform all obligations in respect of all material leases of real property Real Property to which the Company or any of its Subsidiaries is a party, keep such leases in full force and effect and not allow such leases to lapse or be terminated or any rights to renew such leases to be forfeited or cancelled, except, in any case, where (a) the Company or such Subsidiary determines in its reasonable business judgment that it will allow such lease to lapse or be terminated, or (b) the failure to do so, either individually or in the aggregate, could not be reasonably likely to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (W. P. Carey Inc.), Credit Agreement (W. P. Carey Inc.)

Compliance with Terms of Leaseholds. Make The Company will, and will cause each of its Subsidiaries to, make all payments and otherwise perform all obligations in respect of all material leases of real property Real Property to which the Company or any of its Subsidiaries is a party, keep such leases in full force and effect and not allow such leases to lapse or be terminated or any rights to renew such leases to be forfeited or cancelled, except, in any case, where (a) the Company or such Subsidiary determines in its reasonable business judgment that it will allow such lease to lapse or be terminated, or (b) the failure to do so, either individually or in the aggregate, could not be reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Agreement (W. P. Carey Inc.)

Compliance with Terms of Leaseholds. Make all payments and otherwise perform all obligations in respect all materials respects of all material leases of real property to which the Company Borrower or any of its Restricted Subsidiaries is a party, keep such leases in full force and effect and not allow such leases to lapse or be terminated or any rights to renew such leases to be forfeited or cancelled, promptly cure any default thereunder, and cause each of its Restricted Subsidiaries to do so, except, in any case, where (a) the Company or such Subsidiary determines in its reasonable business judgment that it will allow such lease to lapse or be terminated, or (b) the failure to do so, either individually or in the aggregate, could not be reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Plantronics Inc /Ca/)

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Compliance with Terms of Leaseholds. Make all payments and otherwise perform all obligations in respect of all material leases of real property Real Property to which the Company or any of its Subsidiaries is a party, keep such leases in full force and effect and not allow such leases to lapse or be terminated or any rights to renew such leases to be forfeited or cancelled, except, in any case, where (a) the Company or such Subsidiary determines in its reasonable business judgment that it will allow such lease to lapse or be terminated, or (b) the failure to do so, either individually or in the aggregate, could not be reasonably likely to have a Material Adverse Effect.. 132

Appears in 1 contract

Samples: Credit Agreement (W. P. Carey Inc.)

Compliance with Terms of Leaseholds. Make all payments and otherwise perform all obligations in respect of all material leases of real property to which the Company Borrower or 103 any of its Subsidiaries is a party, keep such leases in full force and effect and not allow such leases to lapse or be terminated or any rights to renew such leases to be forfeited or cancelled, except, in any case, where (a) the Company Borrower or such Subsidiary determines in its reasonable business judgment that it will allow such lease to lapse or be terminated, or (b) the failure to do so, either individually or in the aggregate, could not be reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Corporate Property Associates 17 - Global INC)

Compliance with Terms of Leaseholds. Make all payments and otherwise perform all obligations in respect of all material leases of real property to which the Company or any of its Subsidiaries is a party, keep such leases in full force and effect and not allow such leases to lapse or be terminated or any rights to renew such leases to be forfeited or cancelled, notify the Agent of any default by any party with respect to such leases and cooperate with the Agent in all respects to cure any such default, except, in any case, where (a) the Company or such Subsidiary determines in its reasonable business judgment that it will allow such lease to lapse or be terminated, or (b) the failure to do so, either individually or in the aggregate, could would not be reasonably likely to have a Material Adverse Effect.. 68 62

Appears in 1 contract

Samples: Credit Agreement (Nortek Inc)

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