Common use of Lessee Conditions Clause in Contracts

Lessee Conditions. The obligation of the Lessee to sell and lease back the Undivided Interest and the Real Property Interest on the Closing Date pursuant to Section 4 shall be subject to the fulfillment on or prior to the Closing Date of the following conditions precedent, in each case in form and substance satisfactory to the Lessee:

Appears in 3 contracts

Samples: Participation Agreement (Public Service Co of New Mexico), Participation Agreement (Public Service Co of New Mexico), Participation Agreement (Public Service Co of New Mexico)

AutoNDA by SimpleDocs

Lessee Conditions. The obligation of the Lessee to sell and lease back the Undivided undivided Interest and the Real Property Interest on the Closing Date pursuant to Section 4 shall be subject to the fulfillment on or prior to the Closing Date of the following conditions precedent, in each case in form and substance satisfactory to the Lessee:

Appears in 1 contract

Samples: Participation Agreement (Public Service Co of New Mexico)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.