Common use of No Termination or Abatement Clause in Contracts

No Termination or Abatement. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable Laws, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent or any Lender, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender or by any court with respect to the Lessor, the Collateral Agent or any Lender. The Lessee hereby waives all right to terminate or surrender this Lease (except as provided herein) or to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 2 contracts

Samples: Lease, Deed of Trust and Security Agreement (Silicon Laboratories Inc), Lease, Deed of Trust and Security Agreement (Silicon Laboratories Inc)

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No Termination or Abatement. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents to which Lessee or an Affiliate of Lessee is a party and shall not take any action to terminate, rescind or avoid this Lease (except as provided hereinherein or in the other Operative Documents) to the fullest extent permitted by Applicable Laws, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Administrative Agent or any LenderParticipant, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Administrative Agent or any Lender Participant or by any court with respect to the Lessor, the Collateral Administrative Agent or any LenderParticipant. The Lessee hereby waives all right to terminate or surrender this Lease (except as provided hereinherein or in the other Operative Documents) or to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any RentRent payable to any Participant or the Administrative Agent. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents to which Lessee or an Affiliate of Lessee is a party and the Lessee hereby waives any and all rights now conferred as of the Restatement Date or hereafter conferred thereafter by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 2 contracts

Samples: Lease Agreement (Regeneron Pharmaceuticals, Inc.), Lease and Remedies Agreement (Regeneron Pharmaceuticals, Inc.)

No Termination or Abatement. The Lessee shall remain obligated under --------------------------- this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable LawsLease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent or any LenderParticipant, or any action with respect to this Lease or any Operative Document which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender Participant or by any court with respect to the Lessor, the Collateral Agent or any LenderParticipant. The Lessee hereby waives all right (i) to terminate or surrender this Lease (except as provided herein) or (ii) except as otherwise provided in this Lease or the Participation Agreement with regard to withholding taxes, to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense (other than the defense of payment) with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 2 contracts

Samples: Participation Agreement (Vitesse Semiconductor Corp), Master Lease (Quantum Corp /De/)

No Termination or Abatement. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminateterminate (except as provided herein), rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable LawsLease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent Agent, any Participant or any Lender, the Lessee or any action with respect to this Lease or any Operative Document which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent Agent, any Participant or any Lender the Lessee or by any court with respect to the Lessor, the Collateral Agent or any LenderParticipant. The Lessee hereby waives waives, to the extent permitted by Applicable Law, all right (i) to terminate or surrender this Lease (except as provided herein) or (ii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense (other than the defense of payment) with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives waives, to the extent permitted by Applicable Law, any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 2 contracts

Samples: Master Lease, Master Lease (Yahoo Inc)

No Termination or Abatement. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents to which Lessee or an Affiliate of Lessee is a party and shall not take any action to terminate, rescind or avoid this Lease (except as provided hereinherein or in the other Operative Documents) to the fullest extent permitted by Applicable Laws, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Administrative Agent or any LenderParticipant, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Administrative Agent or any Lender Participant or by any court with respect to the Lessor, the Collateral Administrative Agent or any LenderParticipant. The Lessee hereby waives all right to terminate or surrender this Lease (except as provided hereinherein or in the other Operative Documents) or to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any RentRent payable to any Participant or the Administrative Agent. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents to which Lessee or an Affiliate of Lessee is a party and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 2 contracts

Samples: Lease and Remedies Agreement (Regeneron Pharmaceuticals Inc), Lease and Remedies Agreement (Regeneron Pharmaceuticals Inc)

No Termination or Abatement. The Lessee shall remain obligated --------------------------- under this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable LawsLease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent or any Lender, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender Lessor or by any court with respect to the Lessor, the Collateral Agent or any Lender. The Lessee hereby waives all right (i) to terminate or surrender this Lease (except as provided herein) or (ii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.. Notwithstanding anything contained in this Article IX, this Lease may be terminated by Lessor pursuant to, inter alia, ---------- ---------- Sections 19.1 and 20.2 hereof. ------------- ----

Appears in 2 contracts

Samples: Lease (Brookdale Living Communities Inc), Lease (Brookdale Living Communities Inc)

No Termination or Abatement. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable Laws), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent Lessor or any LenderParticipant, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent Lessor or any Lender Participant or by any court with respect to the Lessor, the Collateral Agent Lessor or any LenderParticipant. The Lessee hereby waives all right to terminate or surrender this Lease (except as provided herein) or except as a consequence of a reduction in the Property Cost as a result of Casualty or Condemnation proceeds pursuant to the terms of Section 14.3(a) of this Lease, or as a result of a purchase of any or all of the Property pursuant to Section 18.1 of this Lease, to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rentthe Property Cost. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this LeaseLease and the Operative Documents. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 2 contracts

Samples: Lease Agreement (Adobe Systems Inc), Lease (Adobe Systems Inc)

No Termination or Abatement. The Lessee shall remain obligated under --------------------------- this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminateterminate (except as provided herein), rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable LawsLease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent Agent, any Participant or any Lender, the Lessee or any action with respect to this Lease or any Operative Document which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent Agent, any Participant or any Lender the Lessee or by any court with respect to the Lessor, the Collateral Agent or any LenderParticipant. The Lessee hereby waives waives, to the extent permitted by Applicable Law, all right (i) to terminate or surrender this Lease (except as provided herein) or (ii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense (other than the defense of payment) with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives waives, to the extent permitted by Applicable Law, any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 2 contracts

Samples: Master Lease (Bea Systems Inc), Master Lease (Asyst Technologies Inc /Ca/)

No Termination or Abatement. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Lease (except as provided hereinpursuant to the terms of this Lease and the other Operative Documents) to the fullest extent permitted by Applicable Laws, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Administrative Agent or any LenderParticipant, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Administrative Agent or any Lender Participant or by any court with respect to the Lessor, the Collateral Administrative Agent or any LenderParticipant. The Lessee hereby waives waives, to the extent permitted by Applicable Law, all right to terminate or surrender this Lease (except as provided herein) or to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense (other than prior payment in full of all Obligations then due and payable) with respect to any RentRent (except as expressly permitted in this Lease at Section 12.1 to the extent a Permitted Contest thereunder relates to the payment of Supplemental Rent to a Person other than Administrative Agent, Lessor or any Participant). The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives waives, to the extent permitted by Applicable Law, any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 2 contracts

Samples: Lease (Kansas City Power & Light Co), Lease (Kansas City Power & Light Co)

No Termination or Abatement. The Lessee shall remain obligated under --------------------------- this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable LawsLease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent or any Lender, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender Lessor or by any court with respect to the Lessor, the Collateral Agent or any Lenderexcept as otherwise expressly provided herein. The Lessee hereby waives all right (i) to terminate or surrender this Lease (Lease, except as otherwise expressly provided herein, or (ii) or to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 2 contracts

Samples: Lease (Ebay Inc), Lease (Sailors Inc)

No Termination or Abatement. The Lessee and the Lessor shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminateterminate (except as provided herein), rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable LawsLease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent Agent, any Participant or any Lender, the Lessee or any action with respect to this Lease or any Operative Document which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent Agent, any Participant or any Lender the Lessee or by any court with respect to the Lessor, the Collateral Agent or any LenderParticipant. The Lessee hereby waives waives, to the extent permitted by Applicable Law, all right (i) to terminate or surrender this Lease (except as provided herein) or (ii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense (other than the defense of payment) with respect to any Rent. The Lessee and the Lessor shall remain obligated under this Lease in accordance with its terms and each hereby waives, to the terms of the other Operative Documents and the Lessee hereby waives extent permitted by Applicable Law, any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee and the Lessor shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Master Lease (Triquint Semiconductor Inc)

No Termination or Abatement. The Lessee shall remain obligated under --------------------------- this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable LawsLease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent or any Lender, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender Lessor or by any court with respect to the Lessor, the Collateral Agent or any Lender. The Lessee hereby waives all right (i) to terminate or surrender this Lease (except as provided herein) or (ii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.. Notwithstanding anything contained in this Article IX, this Lease may be terminated by Lessor pursuant to, inter alia, ---------- ----- ---- Sections 19.1 and 20.2 hereof. ------------- ----

Appears in 1 contract

Samples: Lease (Brookdale Living Communities Inc)

No Termination or Abatement. The Each Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable Laws, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent or any LenderParticipant, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender Participant or by any court with respect to the Lessor, the Collateral Agent or any LenderParticipant. The Each Lessee hereby waives waives, to the extent permitted by Applicable Laws, all right to terminate or surrender this Lease (except as provided herein) or to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Each Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the each Lessee hereby waives waives, to the extent permitted by Applicable Laws, any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee Lessees, jointly and severally, shall be bound by all of the terms and conditions contained in this Lease.. ARTICLE VI

Appears in 1 contract

Samples: Master Lease (Mandalay Resort Group)

No Termination or Abatement. The Lessee shall remain obligated under --------------------------- this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable LawsLease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent or any Lender, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender Lessor or by any court with respect to the Lessor, the Collateral Agent or any Lenderexcept as otherwise expressly provided herein. The Lessee hereby waives all right (i) to terminate or surrender this Lease Lease, (except as otherwise expressly provided hereinherein or under the applicable terms of any other Operative Agreement), or (ii) or to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any RentRent (except as otherwise expressly provided herein or under the applicable terms of any other Operative Agreement). The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Lease (Immunex Corp /De/)

No Termination or Abatement. The Lessee shall remain obligated --------------------------- under this Master Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Master Lease (except as provided herein) , including among such exceptions the right to the fullest extent permitted by Applicable Lawsexercise purchase options hereunder), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent Lessor or any LenderParticipant, or any action with respect to this Master Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent Lessor or any Lender Participant or by any court with respect to the Lessor, the Collateral Agent Lessor or any LenderParticipant. The Lessee hereby waives all right to terminate or surrender this Master Lease (except as provided herein) or, except as a consequence of the payment of the Lease Balance as a result of the payment of Casualty or Condemnation proceeds pursuant to the terms of Section 14.1 of this Master Lease, or as a result of a ------------ purchase of the Property pursuant to Section 18.1, to avail itself of any ------------ abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rentthe Lease Balance. The Lessee shall remain obligated under this Master Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this LeaseMaster Lease and the Operative Documents. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Master Lease.

Appears in 1 contract

Samples: Master Lease (Palm Inc)

No Termination or Abatement. The Lessee shall remain obligated under --------------------------- this Master Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Master Lease (except as provided herein) to the fullest extent permitted by Applicable Laws), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent Lessor or any Lender, or any action with respect to this Master Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent Lessor or any Lender or by any court with respect to the Lessor, the Collateral Agent Lessor or any Lender. The Lessee hereby waives all right rights (i) to terminate or surrender this Master Lease (except as provided herein) or (ii) to avail itself of any abatement, suspension, deferment, reduction, setoffset- off, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Master Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Master Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Master Lease.

Appears in 1 contract

Samples: Master Equipment Lease and Security Agreement (Mail Well Inc)

No Termination or Abatement. The Lessee shall remain obligated --------------------------- under this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable Laws), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent or any Lender, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender Lessor or by any court with respect to the Lessor, the Collateral Agent or any Lender. The Lessee hereby waives all right to terminate or surrender this Lease (except as provided herein) or to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rentamount payable hereunder. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Lease Agreement (Palm Inc)

No Termination or Abatement. The Lessee shall remain obligated under this Master Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Master Lease (except as provided herein) to the fullest extent permitted by Applicable Laws), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent or any Lender, Lessor or any action with respect to this Master Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender Lessor or by any court with respect to the Lessor, the Collateral Agent or any Lender. The Lessee hereby waives all right to terminate or surrender this Master Lease (except as provided herein) or except as a consequence of a reduction in the Lease Balance as a result of Casualty or Condemnation proceeds pursuant to the terms of Section 14.1 of this Master Lease, or as a result of a purchase of the Property pursuant to Section 18.1 of this Master Lease, to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rentthe Lease Balance. The Lessee shall remain obligated under this Master Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this LeaseMaster Lease and the Operative Documents. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Master Lease.

Appears in 1 contract

Samples: Master Lease (Electronics for Imaging Inc)

No Termination or Abatement. The Each Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable Laws, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent or any Lender, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender or by any court with respect to the Lessor, the Collateral Agent or any Lender. The Each Lessee hereby waives waives, to the extent permitted by Applicable Laws, all right to terminate or surrender this Lease (except as provided herein) or to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Each Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the each Lessee hereby waives waives, to the extent permitted by Applicable Laws, any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee Lessees, jointly and severally, shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Master Lease (Mandalay Resort Group)

No Termination or Abatement. The Lessee shall remain obligated under this Amended and Restated Master Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Amended and Restated Master Lease (except as provided herein) to the fullest extent permitted by Applicable Laws), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent or any Lender, Lessor or any action with respect to this Amended and Restated Master Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender Lessor or by any court with respect to the Lessor, the Collateral Agent or any Lender. The Lessee hereby waives all right to terminate or surrender this Amended and Restated Master Lease (except as provided herein) or except as a consequence of a reduction in the Lease Balance as a result of Casualty or Condemnation proceeds pursuant to the terms of Section 14.1 of this Amended and Restated Master Lease, or as a result of a purchase of the Property pursuant to Section 18.1 of this Amended and Restated Master Lease, to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rentthe Lease Balance. The Lessee shall remain obligated under this Amended and Restated Master Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this LeaseAmended and Restated Master Lease and the Operative Documents. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Amended and Restated Master Lease.

Appears in 1 contract

Samples: Master Lease (Electronics for Imaging Inc)

No Termination or Abatement. The Lessee shall remain obligated under this Master Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Master Lease (except as provided herein) to the fullest extent permitted by Applicable Laws, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, dissolution or other proceeding affecting the Lessor, the Collateral Agent or any Lender, Transaction Party or any action with respect to this Master Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender Transaction Party or by any court with respect to the Lessor, the Collateral Agent or any LenderTransaction Party. The Lessee hereby waives all right (i) to terminate or surrender this Master Lease (except as provided herein) or (ii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Basic Rent or Supplemental Rent. The Lessee shall remain obligated under this Master Lease in accordance with its terms and to the terms of the other Operative Documents and extent waivable under applicable law, the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Master Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Master Lease.

Appears in 1 contract

Samples: Master Lease and Deed of Trust (Electronic Arts Inc)

No Termination or Abatement. The Lessee shall remain obligated --------------------------- under this Lease in accordance with its terms and and, consistent with the terms intention of the other Operative Documents parties expressed in Sections 2.4 and 15.1, shall not take any action to -------- --- ---- terminate, rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable LawsLease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent or any LenderLessor, or any action with respect to this Lease which may be taken by any trusteecustodian, receiver receiver, liquidator, assignee, trustee or liquidator sequestrator (or other similar official) of the Lessor, the Collateral Agent or any Lender or by any court with respect to the Lessor, the Collateral Agent or any Lendersuch Person. The Lessee hereby waives all right (i) to terminate or surrender this Lease (except as provided herein) or (ii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms terms, and the terms of the other Operative Documents and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Lease Intended as Security (Levi Strauss & Co)

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No Termination or Abatement. The Lessee shall remain obligated under this Master Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Master Lease (except as provided herein) to the fullest extent permitted by Applicable Laws), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent or any LenderParticipant, or any action with respect to this Master Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender Participant or by any court with respect to the Lessor, the Collateral Agent or any LenderParticipant. The Lessee hereby waives waives, to the extent permitted by law, all right (i) to terminate or surrender this Master Lease (except as provided herein) or (ii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense (other than the defense of final, irrevocable payment) with respect to any Rent. The Lessee shall remain obligated under this Master Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives waives, to the extent permitted by law, any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Master Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Master Lease and the Lease Supplements. Tandem Health Care of Ohio, Inc. Master Lease.

Appears in 1 contract

Samples: Master Lease (Tandem Health Care, Inc.)

No Termination or Abatement. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminateterminate (except as expressly permitted herein), rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable Laws, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Administrative Agent or any LenderParticipant, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Administrative Agent or any Lender Participant or by any court with respect to the Lessor, the Collateral Administrative Agent or any LenderParticipant. The Lessee hereby waives waives, to the extent permitted by Applicable Laws, all right to terminate or surrender this Lease (except as provided herein) or to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives waives, to the extent permitted by Applicable Laws, any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Lease and Deed of Trust (Teletech Holdings Inc)

No Termination or Abatement. The Lessee Sublessee shall β€” remain obligated under this Lease Sublease in accordance accordance. with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Lease Sublease (except as provided herein) to the fullest extent permitted by Applicable Laws), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent or any LenderSublessor, or any action with respect to this Lease Sublease which may be taken by any trustee, receiver or liquidator liquidation of the Lessor, the Collateral Agent or any Lender Sublessor or by any court with respect to the Lessor, the Collateral Agent or any LenderSublessor. The Lessee Sublessee hereby waives all right to terminate or surrender this Lease Sublease (except as provided herein) or to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to the Basic Rent or any Rentother payments due under this Sublease. The Lessee Sublessee shall remain obligated under this Lease Sublease in accordance with its terms and the terms of the other Operative Documents and the Lessee Sublessee hereby waives to the fullest extent permitted by law any and all rights now now. or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this LeaseSublease. Notwithstanding any such statute or otherwise, the Lessee Sublessee shall be bound by all of the terms and conditions contained in this LeaseSublease.

Appears in 1 contract

Samples: Sublease (Acambis PLC)

No Termination or Abatement. The Lessee shall remain obligated --------------------------- under this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminateterminate (except as provided herein), rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable LawsLease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent Agent, any Participant or any Lender, the Lessee or any action with respect to this Lease or any Operative Document which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent Agent, any Participant or any Lender the Lessee or by any court with respect to the Lessor, the Collateral Agent or any LenderParticipant. The Lessee hereby waives waives, to the extent permitted by Applicable Law, all right (i) to terminate or surrender this Lease (except as provided herein) or (ii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense (other than the defense of payment) with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives waives, to the extent permitted by Applicable Law, any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Master Lease (Bea Systems Inc)

No Termination or Abatement. The Lessee shall remain obligated under --------------------------- this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable LawsLease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent or any Lender, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender Lessor or by any court with respect to the Lessor, the Collateral Agent or any Lenderexcept as otherwise expressly provided herein. The Lessee hereby waives all right (i) to terminate or surrender this Lease (Lease, except as otherwise expressly provided hereinherein or in the other Operative Agreements, or (ii) or to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms and and, to the terms of the other Operative Documents and the extent permitted by law, Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, to the extent permitted by law, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Lease (Hanover Compressor Co /)

No Termination or Abatement. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminateterminate (except as expressly permitted herein), rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable Laws, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Administrative Agent or any LenderParticipant, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Administrative Agent or any Lender Participant or by any court with respect to the Lessor, the Collateral Administrative Agent or any LenderParticipant. The Lessee hereby waives waives, to the extent permitted by Applicable Laws, all right to terminate or surrender this Lease (except as provided herein) or to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives waives, to the extent permitted by Applicable Laws, any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.this

Appears in 1 contract

Samples: Lease and Deed of Trust (Teletech Holdings Inc)

No Termination or Abatement. The Lessee shall remain obligated under this Master Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Master Lease (except as provided herein) to the fullest extent permitted by Applicable Laws), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, dissolution or other proceeding affecting the Lessor, the Collateral Agent or any LenderParticipant, or any action with respect to this Master Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender Participant or by any court with respect to the Lessor, the Collateral Agent or any LenderParticipant. The Lessee hereby waives waives, to the extent permitted by law, all right (i) to terminate or surrender this Master Lease (except as provided herein) or (ii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Master Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives waives, to the extent permitted by law, any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Master Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this LeaseMaster Lease and the Lease Supplements.

Appears in 1 contract

Samples: Master Lease and Deed of Trust (Lam Research Corp)

No Termination or Abatement. The Lessee Tenant, to the fullest extent permitted by law and unless specifically provided herein, shall remain obligated under bound by this Lease in accordance with its terms and the terms of the other Operative Documents and in all events. Except as expressly permitted herein, Tenant shall not take any action without the prior written consent of Landlord to terminatemodify, rescind surrender or avoid terminate this Lease. The obligations of Landlord and Tenant hereunder shall be separate and independent covenants and agreements, and Rent and all other sums payable by Tenant hereunder, including, without limitation, Impositions shall continue to be payable by Tenant hereunder in any event unless (i) the obligation of Tenant to pay the same abates or terminates pursuant to the express provisions of this Lease, or (ii) Rent and such other sums abates or is reduced as provided in Section 4.3 or Section 6.2 . Subject to the foregoing, Tenant hereby specifically waives all rights, arising from any occurrence whatsoever, which (x) may now or hereafter be conferred upon it by law or otherwise to modify, surrender or terminate this Lease (except as provided herein) to the fullest extent permitted by Applicable Laws, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent quit or surrender all or any Lender, or any action portion of the Property while Landlord remains in compliance with respect to the terms of this Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender or by any court with respect (y) entitle Tenant to the Lessor, the Collateral Agent or any Lender. The Lessee hereby waives all right to terminate or surrender this Lease (except as provided herein) or to avail itself of any abatement, suspension, deferment, reduction, setoffsuspension or deferment of Rent or other sums payable by Tenant hereunder, counterclaim in the case of either (x) or defense with respect (y) above, except to any Rent. The Lessee shall remain obligated under this Lease the extent expressly provided in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives any and all rights now Section 6.2 or hereafter conferred as otherwise specifically provided by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Master Lease (Sabra Health Care REIT, Inc.)

No Termination or Abatement. The Lessee shall remain obligated under this Master Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Master Lease (except as provided herein) to the fullest extent permitted by Applicable Laws), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent Lessor or any LenderParticipant, or any action with respect to this Master Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent Lessor or any Lender Participant or by any court with respect to the Lessor, the Collateral Agent Lessor or any LenderParticipant. The Lessee hereby waives all right to terminate or surrender this Master Lease (except as provided herein) or except as a consequence of a reduction in the Lease Balance as a result of Casualty or Condemnation proceeds pursuant to the terms of Section 14.1 of this Master Lease, or as a result of a purchase of any or all of the Properties pursuant to Section 18.1 of this Master Lease, to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rentthe Lease Balance. The Lessee shall remain obligated under this Master Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this LeaseMaster Lease and the Operative Documents. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Master Lease.

Appears in 1 contract

Samples: Master Lease (Electronics for Imaging Inc)

No Termination or Abatement. The Lessee shall shall, to the extent permitted by Applicable Law, remain obligated under this Master Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Master Lease (except as provided herein) to the fullest extent permitted by Applicable Laws), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent or any LenderParticipant, or any action with respect to this Master Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender Participant or by any court with respect to the Lessor, the Collateral Agent or any LenderParticipant. The Lessee hereby waives waives, to the extent permitted by Applicable Law, all right (i) to terminate or surrender this Master Lease (except as provided herein) or (ii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Master Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives waives, to the extent permitted by Applicable Law, any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Master Lease. Notwithstanding any such statute or otherwise, the Lessee shall shall, to the extent permitted by Applicable Law, be bound by all of the terms and conditions contained in this Master Lease.

Appears in 1 contract

Samples: Master Lease, Deed of Trust and Security Agreement (Alumax Inc)

No Termination or Abatement. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable Laws), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent Lessor or any LenderParticipant, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator liquidation of the Lessor, the Collateral Agent Lessor or any Lender Participant or by any court with respect to the Lessor, the Collateral Agent Lessor or any LenderParticipant. The Lessee hereby waives all right to terminate or surrender this Lease (except as provided herein) or except as a consequence of a reduction in the Lease Balance as a result of Casualty or Condemnation proceeds pursuant to the terms of Section 14.1(a) of this Lease, or as a result of a purchase of any or all of the Properties pursuant to Section 18.1 of this Lease, to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rentthe Lease Balance. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives to the fullest extent permitted by law any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this LeaseLease and the Operative Documents. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.. Master Lease

Appears in 1 contract

Samples: Master Lease (Citrix Systems Inc)

No Termination or Abatement. The Lessee shall remain obligated --------------------------- under this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable LawsLease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent or any Lender, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator of the Lessor, the Collateral Agent or any Lender Lessor or by any court with respect to the Lessor, the Collateral Agent or any Lender. The Lessee hereby waives all right (i) to terminate or surrender this Lease (except as provided herein) or (ii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms during the Term (and following the terms expiration of the other Operative Documents Term with respect to those obligations which this Lease provides survive the expiration or termination of this Lease) and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Lease Agreement (Ein Acquisition Corp)

No Termination or Abatement. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and shall not take any action to terminate, rescind or avoid this Lease (except as provided herein) to the fullest extent permitted by Applicable Laws), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Collateral Agent Lessor or any LenderParticipant, or any action with respect to this Lease which may be taken by any trustee, receiver or liquidator liquidation of the Lessor, the Collateral Agent Lessor or any Lender Participant or by any court with respect to the Lessor, the Collateral Agent Lessor or any LenderParticipant. The Lessee hereby waives all right to terminate or surrender this Lease (except as provided herein) or except as a consequence of a reduction in the Lease Balance as a result of Casualty or Condemnation proceeds pursuant to the terms of Section 14.1(a) of this Lease, or as a result of a purchase of any or all of the Properties pursuant to Section 18.1 of this Lease, to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rentthe Lease Balance. The Lessee shall remain obligated under this Lease in accordance with its terms and the terms of the other Operative Documents and the Lessee hereby waives to the fullest extent permitted by law any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this LeaseLease and the Operative Documents. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Master Lease (Citrix Systems Inc)

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