Common use of Partial Termination Procedures Clause in Contracts

Partial Termination Procedures. On the date of the payment by the Lessee of all amounts required to be paid under Section 15.1, in accordance with the procedures set forth in Section 15.1 (such date, the "Partial Termination Date"), this Master Lease shall terminate with respect to such Affected Property and, if applicable, the Construction Agency Agreement Supplement relating to such Affected Property shall terminate, and the Lessee and the Agent Certificate Holder shall take the following actions:

Appears in 2 contracts

Samples: Construction Agency Agreement (Mondavi Robert Corp), Participation Agreement (Mondavi Robert Corp)

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Partial Termination Procedures. On the date of the payment by the Lessee of all amounts required to be paid under Section 15.1, in accordance with the procedures set forth in Section 15.1 (such date, the "Partial Termination Date"), this Master Lease shall terminate with respect to such Affected Property. The Lessor shall take the following actions in respect of the applicable Affected Property and, if applicable, upon the Construction Agency Agreement Supplement relating Administrative Agent's receipt of all amounts due with respect to such Affected Property shall terminate, and the Lessee and the Agent Certificate Holder shall take the following actionsall other amounts then due in accordance with Section 15.1:

Appears in 1 contract

Samples: Master Lease And (Lam Research Corp)

Partial Termination Procedures. On the date of the payment by the Lessee of all amounts required to be paid under Section 15.1, in accordance with the procedures set forth in Section 15.1 (such date, the "Partial Termination Date"), this Master Lease shall terminate with respect to such Affected Property. The Lessor shall take the following actions in respect of Xxx Research Corporation Amended and Restated Master Lease the applicable Affected Property and, if applicable, upon the Construction Agency Agreement Supplement relating Administrative Agent's receipt of all amounts due with respect to such Affected Property shall terminate, and the Lessee and the Agent Certificate Holder shall take the following actionsall other amounts then due in accordance with Section 15.1:

Appears in 1 contract

Samples: Master Lease And (Lam Research Corp)

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Partial Termination Procedures. On the date of the payment by the Lessee of all amounts required to be paid under Section 15.1, in accordance with the procedures set forth in Section 15.1 (such date, the "Partial Termination Date"), this Master Lease shall terminate with respect to such Affected Property and, if applicable, the Construction Agency Agreement Supplement relating to such Affected Property shall terminate, and the Lessee and the Agent Certificate Holder Lessor shall take the following actionsactions in respect of the applicable Affected Property upon the Administrative Agent’s receipt of all amounts due with respect to such Affected Property and all other amounts then due in accordance with Section 15.1:

Appears in 1 contract

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

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