Termination of Obligation to Provide Letters of Credit. The obligation of LC Party to cause the issuance of any Letters of Credit shall terminate on the date which is thirty (30) days after the date upon which the Lease Term expires, other than an expiration or termination of the Lease Term pursuant to an Event of Default.
Appears in 2 contracts
Samples: Letter of Credit Agreement (Balanced Care Corp), Letter of Credit Agreement (Balanced Care Corp)
Termination of Obligation to Provide Letters of Credit. The Except as otherwise set forth in the Lease, the obligation of LC Party to cause the issuance of any Letters of Credit shall terminate on the date which is thirty sixty (3060) days after the date upon which the Lease Term expires, other than an expiration or termination of the Lease Term pursuant to an Event of Default.
Appears in 2 contracts
Samples: Master Lease (Radiation Therapy Services Holdings, Inc.), Purchase and Sale Agreement (Radiation Therapy Services Holdings, Inc.)
Termination of Obligation to Provide Letters of Credit. The obligation of LC Party to cause the issuance of any Letters of Credit shall terminate on the date which is thirty sixty (3060) days after the date upon which the Lease Term expires, other than an expiration or termination of the Lease Term pursuant to an Event of Default.
Appears in 1 contract
Samples: Newco Side Letter Agreement (Nationwide Health Properties Inc)
