Common use of Effect of Operating Lease Event of Default Clause in Contracts

Effect of Operating Lease Event of Default. If any Operating Lease Event of Default described in Sections 16.1.1, 16.1.2, 16.1.6, 16.1.8 or 16.1.9 shall occur, (x) the right of the Lessee to lease additional ZVF Vehicles from the Lessor hereunder shall immediately terminate and (y) any accrued and unpaid Rent and all other payments accrued but unpaid under this Agreement shall automatically, without further action by the Lessor or the Trustee, become immediately due and payable and (z) the Lessee shall, at the request of the Lessor or the Trustee acting at the direction of the Requisite Investors, return or cause to be returned all ZVF Vehicles leased by the Lessee subject to this Agreement to the Lessor or the Trustee, as the case may be, in accordance with the provisions of Section 2.3. If any other Operating Lease Event of Default shall occur, (x) the right of the Lessee to lease additional ZVF Vehicles hereunder from the Lessor shall automatically terminate and (y) the Trustee acting at the direction of the Requisite Investors may declare any accrued and unpaid Rent and all other payments accrued but unpaid under this Agreement to be due and payable whereupon such Rent and such other charges, amounts and payments shall become immediately due and payable.

Effect of Operating Lease Event of Default. If any Operating Lease Event of Default described in Sections 16.1.117.1.1, 16.1.217.1.2, 16.1.6, 16.1.8 17.1.6 or 16.1.9 17.1.9 shall occur, (x) the right of the Lessee to lease additional ZVF Vehicles from the Lessor hereunder shall immediately terminate and (y) any accrued and unpaid Rent and all other payments accrued but unpaid under this Agreement shall automatically, without further action by the Lessor or the Trustee, become immediately due and payable and (z) the Lessee shall, at the request of the Lessor or the Trustee acting at the direction of the Requisite Investors, return or cause to be returned all ZVF Vehicles leased by the Lessee subject to this Agreement to the Lessor or the Trustee, Trustee as the case may be, be in accordance with the provisions of Section 2.3. If any other Operating Lease Event of Default shall occur, (x) the right of the Lessee to lease additional ZVF Vehicles hereunder from the Lessor shall automatically terminate and (y) the Trustee acting at the direction of the Requisite Investors may declare any accrued and unpaid Rent and all other payments accrued but unpaid under this Agreement to be due and payable whereupon such Rent and such other charges, amounts and payments shall become immediately due and payable.

Effect of Operating Lease Event of Default. If any Operating Lease Event of Default described in Sections 16.1.117.1.1, 16.1.217.1.2, 16.1.6, 16.1.8 17.1.6 or 16.1.9 17.1.9 shall occur, (x) the right of the Lessee to lease additional ZVF Vehicles from the Lessor hereunder shall immediately terminate and (y) any accrued and unpaid Rent and all other payments accrued but unpaid under this Agreement shall automatically, without further action by the Lessor or the Trustee, become immediately due and payable and (z) the Lessee shall, at the request of the Lessor or the Trustee acting at the direction of the Requisite Investors, return or cause to be returned all ZVF Vehicles leased by the Lessee subject to this Agreement to the Lessor or the Trustee, Trustee as the case may be, be in accordance with the provisions of Section 2.3. If any other Operating Lease Event of Default shall occur, (x) the right of the Lessee to lease additional ZVF Vehicles hereunder from the Lessor shall automatically terminate and (y) the Trustee acting at the direction of the Requisite Investors may declare any accrued and unpaid Rent and all other payments accrued but unpaid under this Agreement to be due and payable whereupon such Rent and such other charges, amounts and payments shall become immediately due and payable.