Sublease Termination Agreements Clause Samples

Sublease Termination Agreements. Acceptance by First Healthcare ------------------------------- or its assignee or transferee, with respect to any Sublease, of the Sublease Termination Agreement relating to such Sublease shall occur when and only when, following the occurrence of any Forbearance Default, (i) First Healthcare shall have requested and received such Sublease Termination Agreement from the Escrow Agent and (ii) First Healthcare or its assignee or transferee shall have recorded such Sublease Termination Agreement in the records of the county in the state of Kansas or the state of Missouri, as the case may be, in which the Subleased Facility covered by such Sublease is located.