CREDIT AGREEMENT LOSSES. In addition to all other payment obligations hereunder, if the lease for any Property is terminated for any reason prior to the end of the Lease Term or, if applicable, Renewal Term, then Lessee shall pay to Brazos within three Business Days after receipt of the billing statement referred to below an additional amount compensating Brazos for all penalties, costs and expenses (including reasonable out-of-pocket costs and expenses) as are incurred by Brazos under the Credit Agreement in connection with such termination and as are set forth in a billing statement sent by Brazos to Lessee containing the calculation thereof in reasonable detail.
CREDIT AGREEMENT LOSSES. In addition to all other payment obligations hereunder, if the lease for any Property is terminated for any reason prior to the end of the Lease Term or, if applicable, Renewal Term, then Diamond Shamrock R & M shall pay to Brazos within three Business Days after receipt of the billing statement referred to below an additional amount compensating Brazos for all penalties, costs and expenses (including out-of-pocket costs and expenses) as are incurred by Brazos under any Credit Agreement in connection with such termination and as are set forth in a billing statement sent by Brazos to Diamond Shamrock R & M containing the calculation thereof in reasonable detail.
CREDIT AGREEMENT LOSSES. In addition to all other payment obligations hereunder, if this Ground Lease is terminated for any reason prior to the end of the Lease Term or, if applicable, Renewal Term, then Vari-Lite shall pay to Brazos within three Business Days after receipt of the billing statement referred to below an additional amount compensating Brazos for all penalties, costs and expenses (including out-of-pocket costs and expenses) as are incurred by Brazos under the Credit Agreement in connection with such termination and as are set forth in a billing statement sent by Brazos to Vari-Lite containing the calculation thereof in reasonable detail.
