Common use of Exceptions to Restrictions Clause in Contracts

Exceptions to Restrictions. Notwithstanding anything to the contrary contained in this Section 6.3, when an Event of Default has occurred and is continuing, no consent of the Lessee shall be required in respect of an assignment by the Lessor of all or any part of its rights and obligations under or with respect to the Leases and the other Operative Documents to any third party (whether or not a Permitted Transfer), provided, that unless (i) an Event of Default described in clause (h) or (i) of the definition thereof shall have occurred and be continuing, (ii) the Lease Balance shall have been accelerated in accordance with the Lease, or (iii) an Event of Default shall have occurred and be continuing at the Final Maturity Date, in each case under any Lease, Lessor shall not make such an assignment to a Person who fails to deliver not less than ten

Exceptions to Restrictions. Notwithstanding anything to the contrary contained in this Section 6.3, when an Event of Default has occurred and is continuing, no consent of the Lessee shall be required in respect of an assignment by the Lessor of all or any part of its rights and obligations under or with respect to the Leases and the other Operative Documents to any third party (whether or not a Permitted Transfer), provided, that unless (i) an Event of Default described in clause (h) or (i) of the definition thereof shall have occurred and be continuing, (ii) the Lease Balance shall have been accelerated in accordance with the Lease, or (iii) an Event of Default shall have occurred and be continuing at the Final Maturity Date, or (iv) a Force Majeure Event shall have occurred and be continuing during the Interim Term, in each case under any Lease, Lessor shall not make such an assignment to a Person who fails to deliver not less than tenten (10) days prior to such assignment a letter to Lessee covering the substance required by Section 3.2(d) hereof.