Remedies for Failed Remarketing. If the Lessee effectively elects the Remarketing Option and each of the conditions and requirements in Sections 20.1 and 20.2 shall have been satisfied, but nevertheless the Lessee is unable to obtain bids satisfactory to the Certificate Holders, and the sale of the Properties is not consummated prior to the end of the Marketing Period, the Agent Certificate Holder shall by written notice to the Lessee choose one or both of the following remedies (which election may be changed at any time):
Appears in 2 contracts
Samples: Participation Agreement (Mondavi Robert Corp), Participation Agreement (Mondavi Robert Corp)
Remedies for Failed Remarketing. If the Lessee effectively elects the Remarketing Option with respect to any Property and each of the conditions and requirements in Sections 20.1 and 20.2 shall have been satisfied, but nevertheless the Lessee is unable to obtain bids satisfactory to the Certificate HoldersLessor, and the sale of the Properties a Property is not consummated prior to the end of the Marketing Period, the Agent Certificate Holder Lessor shall by written notice to the Lessee choose one or both of the following remedies (which election may be changed at any time):
Appears in 2 contracts
Samples: Master Lease and Deed of Trust (Lam Research Corp), Master Lease and Deed of Trust (Lam Research Corp)
Remedies for Failed Remarketing. If the Lessee effectively elects the Remarketing Option and each of the conditions and requirements in Sections 20.1 and 20.2 shall have been satisfied, but nevertheless the Lessee is unable to obtain bids satisfactory to the Certificate HoldersLessor, and the sale of the Properties is not consummated prior to the end of the Marketing Period, the Agent Certificate Holder Lessor shall by written notice to the Lessee choose one or both of the following remedies (which election may be changed at any time):
Appears in 1 contract
Remedies for Failed Remarketing. If the Lessee effectively elects the Remarketing Option and each of the conditions and requirements in Sections 20.1 and 20.2 shall have been satisfied, but nevertheless the Lessee is unable to obtain bids reasonably satisfactory to the Certificate HoldersLessors, and the sale of the Properties Property is not consummated prior to the end of the Marketing Period, the Agent Certificate Holder Lessor shall by written notice to the Lessee choose one or both of the following remedies (which election may be changed at any time):remedies:
Appears in 1 contract
Samples: Master Lease, Deed of Trust and Security Agreement (Alumax Inc)
