Common use of Philadelphia Facility Clause in Contracts

Philadelphia Facility. In the event Franchisor does not complete the renovation/reconstruction of the Philadelphia Facility in a timely manner as required by the Purchase Agreement for any reason (whether or not such failure constitutes a breach of covenant by Franchisor pursuant to Section 7.1(q) of the Purchase Agreement), Tenant shall promptly do so at its sole cost. Tenant shall permit Franchisor to have access to the property on which the Philadelphia Facility is to be constructed for the purpose of performing such obligation.

Appears in 4 contracts

Samples: Master Lease Agreement (Crescent Real Estate Equities Co), Master Lease Agreement (Magellan Health Services Inc), Master Lease Agreement (Crescent Real Estate Equities Inc)

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