General Default. Lessee shall fail to perform or observe any other covenant, condition or agreement to be performed or observed by it hereunder or under any other Operative Agreement (except the Tax Indemnity Agreement), and such failure shall continue unremedied for a period of 30 days after written notice thereof to Lessee, unless Lessee shall be diligently proceeding to correct such failure and such failure is cured within 180 days after such notice or by the end of the Term, whichever first occurs; or
Appears in 5 contracts
Samples: Sale and Lease Agreement (Southwest Airlines Co), Sale and Lease Agreement (Southwest Airlines Co), Sale and Lease Agreement (Southwest Airlines Co)
General Default. Lessee shall fail to perform or observe any other material covenant, condition or agreement to be performed or observed by it hereunder or under any other Operative Agreement (except the Tax Indemnity Indemnification Agreement), and such failure shall continue unremedied for a period of 30 days after Lessee's receipt of written notice thereof to Lesseefrom Lessor or Lender, unless Lessee shall be diligently proceeding to correct such failure and such failure is cured within 180 days after receipt of such notice or by the end of the Term, whichever shall first occursoccur; or
Appears in 3 contracts
Samples: Sale and Lease Agreement (American Income Fund I-E), Sale and Lease Agreement (American Income Fund I-E), Sale and Lease Agreement (American Income Fund I-E)
General Default. Lessee shall fail to perform or observe any other covenant, condition or agreement to be performed or observed by it hereunder or under any other Operative Agreement (except the Tax Indemnity Agreement), and such failure shall continue SALE AND LEASE AGREEMENT [N396SW] -50- 57 unremedied for a period of 30 days after written notice thereof to Lessee, unless Lessee shall be diligently proceeding to correct such failure and such failure is cured within 180 days after such notice or by the end of the Term, whichever first occurs; or
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General Default. Lessee shall fail to perform or observe any other covenant, condition or agreement to be performed or observed by it hereunder or under any other Operative Agreement (except the Tax Indemnity Agreement), and such failure shall continue SALE AND LEASE AGREEMENT [N397SW] -50- 57 unremedied for a period of 30 days after written notice thereof to Lessee, unless Lessee shall be diligently proceeding to correct such failure and such failure is cured within 180 days after such notice or by the end of the Term, whichever first occurs; or
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