Common use of Conforming Leasehold Interests Clause in Contracts

Conforming Leasehold Interests. If Borrower or any Subsidiary of Borrower acquires any Material Leasehold Property, Borrower shall, or shall cause such Subsidiary, use commercially reasonable best efforts (without requiring Borrower or such Subsidiary to relinquish any material rights or incur any material obligations or to expend more than a nominal amount of money over and above the reimbursement, if required, of the landlord’s out-of-pocket costs, including attorneys fees) to cause such Material Leasehold Property to be a Conforming Leasehold Interest.

Appears in 2 contracts

Samples: Credit Agreement (Isle of Capri Casinos Inc), Credit Agreement (Isle of Capri Casinos Inc)

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Conforming Leasehold Interests. If Borrower or any Subsidiary of Borrower its Restricted Subsidiaries acquires any Material Leasehold Property, Borrower shall, or shall cause such SubsidiaryRestricted Subsidiary to, use commercially reasonable best efforts (without requiring Borrower or such Restricted Subsidiary to relinquish any material rights or incur any material obligations or to expend more than a nominal amount of money over and above the reimbursement, if required, of the landlord’s 's out-of-pocket costs, including attorneys fees) to cause such Material Leasehold Property to be a Conforming Leasehold Interest.

Appears in 1 contract

Samples: Credit Agreement (Grand Palais Riverboat Inc)

Conforming Leasehold Interests. If Borrower or any Subsidiary of Borrower its Restricted Subsidiaries acquires any Material Leasehold Property, Borrower shall, or shall cause such SubsidiaryRestricted Subsidiary to, use commercially reasonable best efforts (without requiring Borrower or such Restricted Subsidiary to relinquish any material rights or incur any material obligations or to expend more than a nominal amount of money over and above the reimbursement, if required, of the landlord’s out-of-pocket costs, including attorneys fees) to cause such Material Leasehold Property to be a Conforming Leasehold Interest.

Appears in 1 contract

Samples: Credit Agreement (Isle of Capri Casinos Inc)

Conforming Leasehold Interests. If Borrower or any Subsidiary of Borrower its Subsidiaries acquires any Material Leasehold Property, except as otherwise agreed by the Collateral Agent, Borrower shall, or shall cause such SubsidiarySubsidiary to, use commercially its reasonable best efforts (without requiring Borrower or such Subsidiary to relinquish any material rights or incur any material obligations or to expend more than a nominal amount of money over and above the reimbursement, if required, of the landlord’s 's out-of-pocket costs, including attorneys fees) to cause such Material any Leasehold Property of Borrower to be a Conforming Leasehold Interest.

Appears in 1 contract

Samples: Credit Agreement (Hartmarx Corp/De)

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Conforming Leasehold Interests. If Borrower or any Subsidiary of Borrower its Subsidiaries acquires any Material Leasehold Property, Borrower shall, or shall cause such SubsidiarySubsidiary to, use commercially reasonable best efforts (without requiring Borrower or such Subsidiary to relinquish any material rights or incur any material obligations or to expend more than a nominal amount of money over and above the reimbursement, if required, of the landlord’s 's out-of-pocket costs, including attorneys fees) to cause such Material Leasehold Property to be a Conforming Leasehold Interest.

Appears in 1 contract

Samples: Credit Agreement (Directed Electronics, Inc.)

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