New Lease Request Sample Clauses

New Lease Request. Notwithstanding the foregoing provisions of this Section 25.4, Lessor shall not be obligated to enter into a New Lease unless and until all of the ​ ​ following events have occurred: (i) the First Leasehold Mortgagee makes a written request ("New Lease Request") to Lessor for the New Lease within thirty (30) Days after Lessor gives such First Leasehold Mortgagee Lessor's Termination Notice; (ii) such New Lease Request is followed by a payment (made to Lessor within ten (10) Days after being billed by Lessor) of all amounts due to Lessor under this Lease at the time of the New Lease Request; (iii) the New Lessee at the time of the New Lease Request cures the Event of Default upon which such termination was based or, if such Event of Default cannot be cured by the payment of money, the New Lessee has reasonable and adequate capital, capital surplus or other financial resources to perform Lessee's obligations hereunder (as reasonably determined by Lessor) and agrees with Lessor at the time of the New Lease Request to proceed promptly and with due diligence to cure such Event of Default and, if possession of the Project is necessary to cure such Event of Default, to proceed upon the execution of the New Lease promptly and with due diligence to obtain the possession needed to cure such Event of Default or, if such Event of Default by its nature cannot be cured by the New Lessee with or without possession of the Project, the New Lessee agrees in writing to cooperate in good faith in any legal or other action taken by Lessor to compel Lessee or others to cure such Event of Default; and (iv) the New Lessee pays or causes to be paid to Lessor at the time of execution and delivery of the New Lease any and all sums that would be due under this Lease at the time of the execution and delivery of the New Lease and pays or causes to be paid to Lessor all expenses, including reasonable attorneys' fees, court costs and disbursements incurred by Lessor in connection with termination of this Lease as to Xxxxxx and in connection with the execution and delivery of the New Lease. In no event, however, shall any First Leasehold Mortgagee be under any obligation or liability whatsoever with respect to any New Lease unless such First Leasehold Mortgagee shall be the New Lessee thereunder and then for only so long as it remains the New Lessee thereunder. In connection with the execution of a New Lease by Xxxxxx, Lessor will confirm it has waived any Events of Default on the part of...
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Related to New Lease Request

  • Advance Request To obtain a Term Loan Advance, Borrower shall complete, sign and deliver an Advance Request (at least one (1) Business Day before the Closing Date and at least five (5) Business Days before each Advance Date other than the Closing Date) to Agent. The Lenders shall fund the Term Loan Advance in the manner requested by the Advance Request provided that each of the conditions precedent to such Term Loan Advance is satisfied as of the requested Advance Date.

  • Advance Requests Borrower may request that Lender make an Advance by delivering to Lender an Advance Request therefor and Lender shall be entitled to rely on all the information provided by Borrower to Lender on or with the Advance Request. The Lender may honor Advance Requests, instructions or repayments given by the Borrower (if an individual) or by any Authorized Person.

  • Determination to Honor Drawing Request In determining whether to honor any request for drawing under any Letter of Credit by the beneficiary thereof, the LC Bank shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit have been delivered and that they comply on their face with the requirements of such Letter of Credit and that any other drawing condition appearing on the face of such Letter of Credit has been satisfied in the manner so set forth.

  • Draw Request A Draw Request complying with the provisions of Section 3.1 hereof.

  • Borrowing/Election Notice The Borrower shall give the Administrative Agent an irrevocable Borrowing/Election Notice of each conversion of a Floating Rate Loan into a Eurodollar Rate Loan or continuation of a Eurodollar Rate Loan not later than 11:00 a.m. (Chicago time) three (3) Business Days prior to the date of the requested conversion or continuation, specifying: (i) the requested date (which shall be a Business Day) of such conversion or continuation; (ii) the amount and Type of the Loan to be converted or continued; and (iii) the amount of Eurodollar Rate Loan(s) into which such Loan is to be converted or continued, and the duration of the Interest Period applicable thereto.

  • Notice of Borrowing and Disbursement The Swingline Lender will make Swingline Loans available to the Borrower on any Business Day upon request made by the Borrower not later than 12:00 Noon (Charlotte, North Carolina time) on such Business Day. A notice of request for Swingline Loan borrowing shall be made in the form of Schedule 2.1(b)(i) with appropriate modifications. Swingline Loan borrowings hereunder shall be made in minimum amounts of $100,000 and in integral amounts of $100,000 in excess thereof.

  • Borrower’s Request If Borrower determines, at any time or from time to time, that a Capital Replacement is necessary or desirable, Borrower will perform such Capital Replacement and request from Lender, in writing, reimbursement for such Capital Replacement. Borrower’s request for reimbursement will include (1) a detailed description of the Capital Replacement performed, together with evidence, satisfactory to Lender, that the cost of such Capital Replacement has been paid, and (2) if required by Lender, lien waivers from each contractor and material supplier supplying labor or materials for such Capital Replacement.

  • Notice, Request or Consent Any notice, request or consent to be provided pursuant to this Agreement is to be made in writing and shall be given: If to the Trust: Xxxxxxxx Xxxxx Secretary Xxxxxxx Sachs Variable Insurance Trust 000 Xxxx Xxxxxx Xxx Xxxx, XX 00000 If to the Distributor: Xxxxx XxXxxxxx Xxxxxxx Sachs & Co. 000 Xxxx Xxxxxx Xxx Xxxx, XX 00000 If to the Company: Xxxx X. Xxxx Senior Vice President Forethought Life Insurance Company 000 Xxxxx Xxxxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxxxxxxx, XX 00000 or at such other address as such party may from time to time specify in writing to the other party. Each such notice, request or consent to a party shall be sent by registered or certified United States mail with return receipt requested or by overnight delivery with a nationally recognized courier, and shall be effective upon receipt. Notices pursuant to the provisions of Article II may be sent by facsimile to the person designated in writing for such notices.

  • Notice to Lenders of Acceptance or Rejection of Bids The Administrative Agent shall promptly notify each Lender having submitted a Competitive Bid whether or not its offer has been accepted and, if its offer has been accepted, of the amount of the Bid Loan or Bid Loans to be made by it on the date of the applicable Bid Borrowing. Any Competitive Bid or portion thereof that is not accepted by the Borrower by the applicable time specified in Section 2.03(e) shall be deemed rejected.

  • Funding Request The Borrower hereby requests the Funding pursuant to Section 2.1 and Section 2.3 of the Loan Agreement.

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