Common use of Non-Performance of Covenants and Obligations Clause in Contracts

Non-Performance of Covenants and Obligations. Any Group IV Lessee, the Servicer or the Guarantor fails to comply with or perform any covenant, condition, agreement or provision of this Lease (which failure does not constitute a Lease Event of Default under any of the other provisions of this SECTION 17) and the continuance of such failure (other than any such failure to comply with the provisions of SECTION 25.1 or 25.2 hereof, as to which there shall be no cure period) for thirty (30) days after the earlier of (x) the date the Group IV Lessor, the Master Collateral Agent, the Trustee or any Group IV Noteholder delivers written notice thereof to such Group IV Lessee, the Servicer or the Guarantor and (y) the date such Group IV Lessee, the Servicer or the Guarantor obtains actual knowledge thereof;