Common use of Option to Remarket; Surrender Option Clause in Contracts

Option to Remarket; Surrender Option. Subject to the fulfillment of each of the conditions set forth in this SECTION 14.6, Lessee shall have the option to either (i) market the Leased Property for Lessor (the "REMARKETING OPTION") or (ii) surrender the Leased Property to Lessor (the "SURRENDER OPTION"). Lessee's effective exercise and consummation of the Remarketing Option or the Surrender Option, as the case may be, shall be subject to the due and timely fulfillment of each of the following provisions, the failure of any of which shall render the Remarketing Option or the Surrender Option, as the case may be, and Lessee's exercise thereof null and void, in which event, Lessee shall be obligated to perform its obligations under SECTION 14.2.

Option to Remarket; Surrender Option. Subject to the fulfillment of each of the conditions set forth in this SECTION Section 14.6, Lessee shall have the option to either (i) market the Leased Property for Lessor (the "REMARKETING OPTIONRemarketing Option") or (ii) surrender the Leased Property to Lessor (the "SURRENDER OPTIONSurrender Option"). Lessee's effective exercise and consummation of the Remarketing Option or the Surrender Option, as the case may be, shall be subject to the due and timely fulfillment of each of the following provisions, the failure of any of which shall render the Remarketing Option or the Surrender Option, as the case may be, and Lessee's exercise thereof null and void, in which event, Lessee shall be obligated to perform its obligations under SECTION Section 14.2.

Option to Remarket; Surrender Option. Subject to the ------------------------------------ fulfillment of each of the conditions set forth in this SECTION Section 14.6, Lessee ------------ shall have the option to either (i) market the Leased Property for Lessor (the "REMARKETING OPTIONRemarketing Option") or (ii) surrender the Leased Property to Lessor (the ------------------ "SURRENDER OPTIONSurrender Option"). ---------------- Lessee's effective exercise and consummation of the Remarketing Option or the Surrender Option, as the case may be, shall be subject to the due and timely fulfillment of each of the following provisions, the failure of any of which shall render the Remarketing Option or the Surrender Option, as the case may be, and Lessee's exercise thereof null and void, in which event, Lessee shall be obligated to perform its obligations under SECTION Section 14.2.. ------------

Option to Remarket; Surrender Option. Subject to the fulfillment of each of the conditions set forth in this SECTION Section 14.6, Lessee shall have the option to either (i) market all of, but not less than all of, the Leased Property Properties for Lessor (the "REMARKETING OPTIONRemarketing Option") or (ii) surrender all of, but not less than all of, the Leased Property Properties to Lessor (the "SURRENDER OPTIONSurrender Option"). Lessee's effective exercise and consummation of the Remarketing Option or the Surrender Option, as the case may be, shall be subject to the due and timely fulfillment of each of the following provisions, the failure of any of which which, unless waived in writing by Lessor and the Lenders, shall render the Remarketing Option or the Surrender Option, as the case may be, and Lessee's exercise thereof null and void, in which event, Lessee shall be obligated to perform its obligations under SECTION Section 14.2.