Common use of Sale Procedure Clause in Contracts

Sale Procedure. (a) Unless Lessee shall have elected or shall be deemed to have elected to purchase the Property and has paid the Purchase Option Price with respect thereto, or otherwise terminated this Lease with respect thereto and paid the Termination Value with respect thereto, Lessee shall (i) pay to Lessor the Maximum Residual Guarantee Amount as provided for in Section 21.1(c), and (ii) act as Lessor's agent to sell the Property to one or more third parties for cash in accordance with Section 21.1(b).

Sale Procedure. (a) Unless Lessee shall have elected or shall be deemed to have elected to -------------- purchase the Property and has paid the Purchase Option Price with respect thereto, or otherwise terminated this Lease with respect thereto and paid the Termination Value with respect thereto, Lessee shall (i) pay to Lessor the Maximum Residual Guarantee Amount as provided for in Section 21.1(c), and (ii) act as Lessor's agent to sell the Property to one or more third parties for cash in accordance with Section 21.1(b).shall

Sale Procedure. (a) Unless With respect to the Property, unless Lessee -------------- shall have elected or shall be deemed to have elected to purchase the Property or the Beneficiary Interest and has paid the Purchase Option Price or the BI Purchase Option Price with respect thereto, or otherwise terminated this Lease with respect thereto and paid the Termination Value with respect theretoValue, Lessee shall (i) pay to Lessor the Maximum Residual Guarantee Amount as provided for in Section 21.1(c), and (ii) act as Lessor's agent to sell the Property Property, as a whole, to one or more a third parties party for cash in accordance with Section 21.1(b).

Sale Procedure. (a) Unless Lessee shall have elected (or shall be is deemed to have elected elected) to purchase the Property and has paid the Purchase Option Price with respect theretoor BI Purchase Option Price, or otherwise terminated this Lease with respect thereto and paid the Termination Value (in which case Lessor shall comply with respect theretothe provisions of Section 19.1), Lessee shall (i) pay to Lessor the Maximum Residual Guarantee Amount as provided for in Section 21.1(c), and (ii) act as Lessor's agent to sell market the Property for sale, as a whole, to one or more a third parties party for cash in accordance with Section 21.1(b).