Common use of LESSOR'S PERFORMANCE OF LESSEE'S OBLIGATIONS Clause in Contracts

LESSOR'S PERFORMANCE OF LESSEE'S OBLIGATIONS. If Lessee fails to comply with any of its covenants or obligations herein, Lessor may, at its option, perform such covenants or obligations on Lessee's behalf without thereby waiving such conditions or obligations or the failure to comply therewith and all sums advanced by Lessor in connection therewith shall be repayable by Lessee as Additional Charges. No such performance shall be deemed to relieve Lessee of its obligations herein.

Appears in 9 contracts

Samples: Master Lease Agreement (Showboat Marina Partnership), Master Lease Agreement (JCC Holding Co), Master Lease Agreement (Santa Fe Gaming Corp)

AutoNDA by SimpleDocs

LESSOR'S PERFORMANCE OF LESSEE'S OBLIGATIONS. If Lessee lessee fails to comply with any of its covenants or obligations herein, Lessor may, at its option, perform such covenants or obligations on Lessee's behalf without thereby waiving such conditions or obligations or the failure to comply therewith and all sums advanced by Lessor in connection therewith shall be repayable by Lessee as Additional Charges. No such performance shall be deemed to relieve Lessee of its obligations herein. 3.

Appears in 1 contract

Samples: Master Lease Agreement (Nevstar Gaming & Entertainment Corp)

LESSOR'S PERFORMANCE OF LESSEE'S OBLIGATIONS. If Lessee fails to comply with any of its covenants or obligations herein, Lessor may, at its option, perform such covenants or obligations on Lessee's behalf without thereby waiving such conditions or obligations or the failure to comply therewith and all sums advanced by Lessor in connection therewith shall be repayable by Lessee as Additional Charges. No such performance shall be deemed to relieve Lessee of its obligations herein. 3.

Appears in 1 contract

Samples: Master Lease Agreement (Elsinore Corp)

LESSOR'S PERFORMANCE OF LESSEE'S OBLIGATIONS. If Lessee lessee fails to comply with any of its covenants or obligations herein, Lessor may, at its option, perform such covenants or obligations on Lessee's behalf without thereby waiving such conditions or obligations or the failure to comply therewith and all sums advanced by Lessor advances in connection therewith shall be repayable by Lessee as Additional Charges. No such performance shall be deemed to relieve Lessee of its obligations hereinobligations.

Appears in 1 contract

Samples: Master Lease Agreement (American Income Partners v C LTD Partnership)

AutoNDA by SimpleDocs

LESSOR'S PERFORMANCE OF LESSEE'S OBLIGATIONS. If Lessee fails to comply with any of its covenants or obligations herein, Lessor may, at its option, perform such covenants or obligations on Lessee's ’s behalf without thereby waiving such conditions or obligations or the failure to comply therewith and all sums advanced by Lessor in connection therewith shall be repayable by Lessee as Additional Charges. No such performance shall be deemed to relieve Lessee of its obligations herein.

Appears in 1 contract

Samples: Master Lease Agreement (Southwest Casino Corp)

LESSOR'S PERFORMANCE OF LESSEE'S OBLIGATIONS. If Lessee fails to comply with any of its covenants or obligations herein, Lessor may, at its optionoption and after notice to Lessee, perform such covenants or obligations on Lessee's behalf without thereby waiving such conditions or obligations or the failure to comply therewith and all sums advanced by Lessor in connection therewith shall be repayable by Lessee as Additional Charges. No such performance shall be deemed to relieve Lessee of its obligations herein.

Appears in 1 contract

Samples: Indiana Master Capital Lease Agreement (Majestic Star Casino LLC)

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