Continuation of Lease Term by Xxxxxx. Lessee intends, subject to SECTION 4.4 of this Agreement, to continue the Lease Term through the Initial Term and all Renewal Terms and to pay the Rental Payments hereunder. Lessee reasonably believes that legally available funds in an amount sufficient to make all Rental Payments during the Initial Term and each of the Renewal Terms can be obtained. Lessee further intends to do all things lawfully within its power to obtain and maintain funds from which the Rental Payments may be made, including making provision for such payments to the extent necessary in each Budget or appropriation request submitted to Xxxxxx’s governing body for adoption in accordance with applicable provisions of law, and to cause its budget officer to use his best efforts to have such portion of the Budget or appropriation request approved by Xxxxxx’s governing body.
Continuation of Lease Term by Xxxxxx. Lessee intends, subject to Section 6.06, to continue the Lease Term through the Original Term and all Renewal Terms and to pay the Rental Payments hereunder. Lessee reasonably believes that legally available funds in an amount sufficient to make all Rental Payments during the Original Term and each of the Renewal Terms can be obtained. Lessee further intends to do all things lawfully within its power to obtain and maintain funds from which the Rental Payments may be made, including making provision for such payments to the extent necessary in each budget or appropriation request submitted and adopted in accordance with applicable provisions of law, to have such portion of the budget or appropriation request approved, and to exhaust all available reviews and appeals in the event such portion of the budget or appropriation request is not approved.
Continuation of Lease Term by Xxxxxx. Lessee intends, subject to the provisions of Section 6.06 below, to continue the lease of the Equipment through the Original Term and all Renewal Terms and to make the Rental Payments as the same shall become due hereunder. Lessee reasonably believes that legally available funds in an amount sufficient to make all Rental Payments during the Original Term and each of the Renewal Terms will be on hand or available for appropriation. The officer of the Lessee responsible for preparation of the annual budget shall include in the proposed budget in each year funds for the payment of Rental Payments hereunder, provided that the decision to appropriate such amounts shall remain within the sole discretion of Xxxxxx’s City Council.
