Common use of Term; Occupancy Clause in Contracts

Term; Occupancy. The term of this Lease Agreement shall commence on the Delivery Date and shall end on 1, 20 (the “Scheduled Termination Date”), unless such term is extended or sooner terminated as hereinafter provided. If on the Scheduled Termination Date, the Bonds shall not be fully paid, or provision therefor made in accordance with Article X of the Indenture, or the Indenture shall not be discharged by its terms, or if the Rental Payments shall remain due and payable, then the term of this Lease Agreement shall be extended until the date upon which (i) all Bonds shall be fully paid, or provision therefor made in accordance with Article X of the Indenture, or (ii) the Indenture shall be discharged by its terms and all Rental Payments shall have been paid in full. Notwithstanding the foregoing, the term of this Lease Agreement shall in no event be extended beyond ten years after the Scheduled Termination Date. If prior to the Scheduled Termination Date, all Bonds shall be fully paid, or provision therefor made in accordance with Article X of the Indenture, the Indenture shall be discharged by its terms and all Rental Payments shall have been paid in full, the term of this Lease Agreement shall end simultaneously therewith.

Term; Occupancy. (a) The term of this Lease Agreement shall commence on the Delivery Date and shall end on 1, 20 (the “Scheduled Termination Date”), unless such term is extended or sooner terminated as hereinafter provided. If on the Scheduled Termination Date, Date the Bonds Certificates shall not be fully paid, or provision therefor made in accordance with Article X of the IndentureTrust Agreement, or the Indenture Trust Agreement shall not be discharged by its terms, or if the Rental Payments shall remain due and payablepayable or shall have been abated at any time and for any reason, then the term of this Lease Agreement shall be automatically extended until the date upon which (i) all Bonds Certificates shall be fully paid, or provision therefor made in accordance with Article X of the IndentureTrust Agreement, or (ii) and the Indenture Trust Agreement shall be discharged by its terms and all Rental Payments shall have been paid in full. Notwithstanding the foregoing, except that the term of this Lease Agreement shall in no event be extended beyond more than ten years after beyond the Scheduled Termination Date. If prior to the Scheduled Termination Date, or prior to the date to which the term of this Lease Agreement has been extended pursuant to this Section, all Bonds Certificates shall be fully paid, or provision therefor made in accordance with Article X of the IndentureTrust Agreement, the Indenture Trust Agreement shall be discharged by its terms and all Rental Payments shall have been paid in full, the term of this Lease Agreement shall end simultaneously therewith. (b) The District shall take possession of the Property on the Delivery Date.

Term; Occupancy. The term of this Lease Agreement shall commence on the Delivery Date and shall end on November 1, 20 (the “Scheduled Termination Date”)2035, unless such term is extended or sooner terminated as hereinafter provided. If on the Scheduled Termination DateNovember 1, 2035 the Bonds shall not be fully paid, or provision therefor made in accordance with Article X of the Indenture, or the Indenture shall not be discharged by its terms, or if the Rental Payments shall remain due and payablepayable or shall have been abated at any time and for any reason, or amounts are owed to the Insurer pursuant to the terms of the Insurance Policy, the Reserve Surety Policy, this Lease Agreement or the Indenture, then the term of this Lease Agreement shall be extended until the date upon which (i) all Bonds shall be fully paid, or provision therefor made in accordance with Article X of the Indenture, or (ii) the Indenture shall be discharged by its terms and all Rental Payments shall have been paid in full. Notwithstanding the foregoing, the term of this Lease Agreement shall in no event be extended beyond ten years after the Scheduled Termination DateNovember 1, 2045. If prior to the Scheduled Termination DateNovember 1, 2035, all Bonds shall be fully paid, or provision therefor made in accordance with Article X of the Indenture, the Indenture shall be discharged by its terms and all Rental Payments shall have been paid in full, the term of this Lease Agreement shall end simultaneously therewith.

Term; Occupancy. (a) The term of this Lease Agreement shall commence on the Delivery Date and shall end on 1, 20 (the “Scheduled Termination Date”), unless such term is extended or sooner terminated as hereinafter provided. If on the Scheduled Termination Date, Date the Bonds shall not be fully paid, or provision therefor made in accordance with Article X of the Indenture, or the Indenture shall not be discharged by its terms, or if the Rental Payments shall remain due and payablepayable or shall have been abated at any time and for any reason, then the term of this Lease Agreement shall be extended until the date upon which (i) all Bonds shall be fully paid, or provision therefor made in accordance with Article X of the Indenture, or (ii) the Indenture shall be discharged by its terms and all Rental Payments shall have been paid in full. Notwithstanding the foregoing, except that the term of this Lease Agreement shall in no event be extended beyond more than ten years after the Scheduled beyond such Termination Date. , such extended date being the “Maximum Lease Term.” If prior to the Scheduled Termination Date, all Bonds shall be fully paid, or provision therefor made in accordance with Article X of the Indenture, the Indenture shall be discharged by its terms and all Rental Payments shall have been paid in full, the term of this Lease Agreement shall end simultaneously therewith. (b) The City shall take possession of the Property on the date that the Project is substantially complete.