Common use of New Lease to Solar Facility Mortgagee or Interested Party Clause in Contracts

New Lease to Solar Facility Mortgagee or Interested Party. If this Lease is terminated by Landowner on account of any default by Company, or terminates for any other reason prior to the originally scheduled expiration date hereof, then Landowner shall give prompt written notice thereof to each Solar Facility Mortgagee and Interested Party. Each Solar Facility Mortgagee and Interested Party, within sixty (60) days after receipt of written notice from Landowner, shall have the right to elect to enter into a new lease of the Leased Property as described below. Within thirty (30) days after receiving written request therefor from a Solar Facility Mortgagee or Interested Party, Landowner shall execute and deliver a new lease of the Leased Property to such Solar Facility Mortgagee, Interested Party, their nominee or to their purchaser, assignee or transferee, as the case may be, for the remainder of the Term of this Lease, containing the same covenants, agreements, terms, provisions and limitations as are contained in this Lease (other than those requirements which may have been satisfied or fulfilled by Company prior to the termination of this Lease), provided that the relevant Solar Facility Mortgagee or Interested Party shall pay to Landowner, simultaneously with the delivery of such new lease, all unpaid rent due under this Lease up to and including the date of the commencement of the term of such new lease.

New Lease to Solar Facility Mortgagee or Interested Party. If this Lease is terminated by Landowner on account of any default by Company, Company or terminates for any other reason occasioned by Company prior to the originally scheduled expiration date hereof, then Landowner shall give prompt written notice thereof to each Solar Facility Mortgagee and Interested Party, but without liability of Landowner for failure to deliver such notice. Each Either a Solar Facility Mortgagee and or an Interested Party, within sixty (60) days after either receipt of written notice from LandownerLandowner or knowledge of such termination, shall have the right to elect to enter into a new lease of the Leased Property as described below. Within thirty (30) days after receiving written request therefor from either a Solar Facility Mortgagee or an Interested Party, Landowner shall execute and deliver a new lease of the Leased Property to either such Solar Facility Mortgagee, Mortgagee or such Interested Party, their or its nominee or to their purchaser, assignee or transferee, as the case may be, for the remainder of the original Term of this Lease, containing the same covenants, agreements, terms, provisions and limitations as are contained in this Lease (other than those requirements which may have been satisfied or fulfilled by Company prior to the termination of this Lease), provided that the relevant Solar Facility Mortgagee or Interested Party shall pay to Landowner, simultaneously with the delivery of such new lease, all unpaid rent due under this Lease up to and including the date of the commencement of the term of such new leaselease and shall have cured all other defaults of Company reasonably capable of cure.