Common use of Covenants of Lessor Clause in Contracts

Covenants of Lessor. Lessor covenants with each of the other parties hereto as follows, it being understood that the sole remedies for the breach of these covenants shall be to sxx for damages or for specific performance and that any such breach shall not modify or terminate Lessee’s obligations under Article VIII: (a) provided that no Lease Default or Lease Event of Default exists, it will not, through its own actions, interfere with Lessee’s (or any permitted sublessee’s or assignee’s) rights hereunder with respect to the Items of Equipment during the Lease Term; (b) it will keep the Items of Equipment and other Lessee Collateral free and clear from all Lessor Liens attributable to it; provided that it may contest any such Lessor Lien pursuant to a Permitted Contest.

Appears in 2 contracts

Samples: Lease and Security Agreement (Lsi Logic Corp), Lease and Security Agreement (Lsi Logic Corp)

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Covenants of Lessor. Lessor covenants with each of the other parties hereto as follows, it being understood that the sole remedies for the breach of these covenants shall be to sxx xxx for damages or for specific performance and that any such breach shall not modify or terminate Lessee’s 's obligations under Article VIII: (a) provided that no Lease Default or Lease Event of Default exists, it will not, through its own actions, interfere with Lessee’s 's (or any permitted sublessee’s 's or assignee’s's) rights hereunder with respect to the Items of Equipment during the Lease Term; (b) it will keep the Items of Equipment and other Lessee Collateral free and clear from all Lessor Liens attributable to it; provided that it may contest any such Lessor Lien pursuant to a Permitted Contest.. LSI Logic Corporation Lease A ARTICLE XIX

Appears in 1 contract

Samples: Lease and Security Agreement (Lsi Logic Corp)

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Covenants of Lessor. Lessor covenants with each of the other parties hereto as follows, it being understood that the sole remedies for the breach of these covenants shall be to sxx xxx for damages or for specific performance and that any such breach shall not modify or terminate Lessee’s 's obligations under Article VIII: (a) provided that no Lease Default or Lease Event of Default exists, it will not, through its own actions, interfere with Lessee’s 's (or any permitted sublessee’s 's or assignee’s's) rights hereunder with respect to the Items of Equipment during the Lease Term; (b) it will keep the Items of Equipment and other Lessee Collateral free and clear from all Lessor Liens attributable to it; provided that it may contest any such Lessor Lien pursuant to a Permitted Contest.. LSI Logic Corporation Lease B ARTICLE XIX

Appears in 1 contract

Samples: Lease and Security Agreement (Lsi Logic Corp)

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