Conditions of Termination/Effect of Termination. In addition to expiration at the end of the term specified in Article 2, this Agreement may be terminated under any of the following circumstances:
Conditions of Termination/Effect of Termination. As conditions to the transfer by the Lessor of any Item on the applicable Obsolescence Termination Date to the successful bidder pursuant to the last paragraph of Section 8.3 hereof, (a) any necessary Governmental Actions in connection therewith shall have been obtained by and at the expense of the Lessee Parties, (b) the Lessee shall on such Obsolescen Termination Date pay to the Lessor or, so long as the Indenture has no been discharged in accordance with its terms, the Indenture Trustee th sum of (i) any Accrued Basic Rent due with respect to such Item of Equipment as of such Obsolescence Termination Date and (ii) the excess if any, of the Termination Value for such Item of Equipment, computed of such Obsolescence Termination Date, over the net proceeds actually realized by the Lessor from any sale thereof, and (c) the Co-Lessee shall on such Obsolescence Termination Date pay to the Lessor or, so long as the Indenture has not been discharged in accordance with its terms, the Indenture Trustee the sum of (i) any Make Whole Premium Amount payable on such Obsolescence Termination Date pursuant to the Indenture, (ii) any other Rent (including any amounts for costs and expenses payable by the Co-Lessee as required in the immediately preceding paragraph) with respect to such Item of Equipment due and unpaid as of such Obsolescence Termination Date and (iii) any penaltie premium or other amounts payable under the Indenture or the Notes in connection with the principal amount of the Notes being prepaid on suc date (the amounts payable pursuant to clauses (b) and (c) collectively the "Obsolescence Termination Payment"). Upon payment by the Lessee a the Co-Lessee of their respective shares of all Obsolescence Terminati Payments as to any terminated Item of Equipment, the obligation of the Lessee Parties to pay Basic Rent with respect to such Item of Equipmen shall terminate, such Item of Equipment shall no longer be subject to this Lease and the Lease Term with respect to such Item of Equipment shall end. If, other than as a result of the Lessor's election to retain such Item of Equipment as provided for in Section 8.2 and the compliance by the Lessor and the Lessee Parties with their respective obligations in connection therewith, on or as of the Obsolescence Termination Date no sale of such Item of Equipment shall have occurred or the Lessee or the Co-Lessee shall not have complied in full with th Section 8.4, this Lease shall continue in full force and effect ...
