Common use of Continuation of Lease Term Clause in Contracts

Continuation of Lease Term. Lessee currently intends, subject to Section 7, to continue the Lease Term of each Lease through the Original Term and all Renewal Terms and to pay the Rental Payments thereunder. Lessee reasonably believes that legally available funds in an amount sufficient to make all Rental Payments during the maximum Lease Term of each Lease can be obtained. Lessee currently 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. Notwithstanding the foregoing, the decision whether or not to budget and appropriate funds or to extend the applicable Schedule for any Renewal Term is within the discretion of the governing body of Xxxxxx.

Continuation of Lease Term. Lessee currently intends, subject to Section 7, intends to continue the Lease Term of each Lease through the Original Term and all Renewal Terms and to pay the Rental Payments thereunder. Lessee reasonably believes that legally available funds in an amount sufficient to make all Rental Payments during the maximum entire Lease Term of each Lease can be obtainedobtained from legally available funds of Lessee. Lessee currently further intends to do all things lawfully within its power to obtain and maintain funds from which the sufficient and available to discharge its obligation to make Rental Payments may be madedue hereunder, 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. Notwithstanding the foregoing, the decision whether or not to budget and appropriate funds or to extend the applicable Schedule for any Renewal Term is within the discretion have such portion of the governing body budget or appropriation request approved and to exhaust all available reviews and appeals in the event such portion of Xxxxxxthe budget or appropriation request is not approved.