Rejection of Sale. Notwithstanding anything contained herein to the contrary, if Lessor or the Agent rejects the purchase offer for the Leased Properties as provided in (and subject to the conditions set forth in) Section 14.6, then (a) the Lessees, jointly and severally, shall pay to the Agent the Recourse Deficiency Amount pursuant to Section 14.6(i), and (b) Lessor shall retain title to the Leased Properties.
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Samples: Master Lease Agreement (Discount Auto Parts Inc), Master Lease Agreement (Dollar Tree Stores Inc)
Rejection of Sale. Notwithstanding anything contained herein to the contrary, if Lessor or the Agent rejects the purchase offer for the Leased Properties as provided in (and subject Section 14.6 or there are no offers to purchase the conditions set forth in) Section 14.6Leased Properties, then then
(a) the Lessees, jointly and severally, Lessee shall pay to the Agent all accrued and unpaid Rent, plus the Recourse Deficiency Amount pursuant to Section 14.6(i14.6(h), and (b) Lessor shall retain title to the Leased Properties.
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Samples: Master Agreement (Ruby Tuesday Inc)
Rejection of Sale. Notwithstanding anything contained herein to the contrary, if Lessor or the Agent rejects the purchase offer for the any Leased Properties Property as provided in (and subject to the conditions set forth in) Section 14.6, then (a) the Lessees, jointly and severally, Lessee shall pay to the Agent the Recourse Deficiency Amount for such Leased Property on the Lease Termination Date pursuant to Section 14.6(i14.6(h), and (b) Lessor shall retain title to the such Leased PropertiesProperty.
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Rejection of Sale. Notwithstanding anything contained herein to the contrary, if Lessor or the Agent rejects the purchase offer for the Leased Properties as provided in (and subject to the conditions set forth in) Section 14.6, then (a) the Lessees, jointly and severally, shall pay to the Agent the Recourse Deficiency Amount on the Lease Termination Date pursuant to Section 14.6(i14.6(h), and (b) Lessor shall retain title to the Leased Properties.
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Rejection of Sale. Notwithstanding anything contained herein to the contrary, if Lessor or the Agent rejects the purchase offer for the Leased Properties as provided in (and subject to the conditions set forth in) Section 14.6, then (a) the Lessees, jointly and severally, shall pay to the Agent the Recourse Deficiency Amount on the Lease Termination Date pursuant to Section 14.6(i), and (b) Lessor shall retain title to the Leased Properties.
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Rejection of Sale. Notwithstanding anything contained herein to the contrary, if Lessor or the Agent rejects the purchase offer for the Leased Properties as provided in (and subject to the conditions set forth in) Section SECTION 14.6, then (a) the Lessees, jointly and severally, shall pay to the Agent the Recourse Deficiency Amount on the Lease Termination Date pursuant to Section SECTION 14.6(i), and (b) Lessor shall retain title to the Leased Properties.
Appears in 1 contract
Samples: Master Lease Agreement (Allete Inc)