Common use of Termination Upon Certain Events Clause in Contracts

Termination Upon Certain Events. (a) Lessee shall be obligated to deliver a written notice in the form described in Section 16.2(a) (a "Termination Notice") of the termination of this Lease with respect to any Property (i) within thirty (30) days after Lessee receives notice of a Total Condemnation with respect to any such Property or (ii) promptly after the occurrence of a material Environmental Violation with respect to any such Property. (b) If either: (i) Lessee or Lessor shall have received notice of a Condemnation, and Lessee shall have delivered to Lessor an Officer's Certificate that such Condemnation is a Significant Condemnation; or (ii) a Casualty occurs, and Lessee shall have delivered to Lessor an Officer's Certificate that such Casualty is a Significant Casualty; or (iii) a material Environmental Violation occurs with respect to any Property, and Lessee shall have delivered to Lessor an Officer's Certificate that this Lease shall terminate with respect to such Property, then Lessee shall, simultaneously with the delivery of the Officer's Certificate pursuant to the preceding clause (i), (ii) or (iii), deliver a Termination Notice with respect to the affected Property.

Termination Upon Certain Events. (a) If Lessor or Lessee shall have received notice of a Total Condemnation, then Lessee shall be obligated obligated, within thirty (30) days after Lessee receives notice thereof, to deliver a written notice in the form described in Section 16.2(a) (a "Termination Notice") of the termination of this Lease with respect to any Property (i) within thirty (30) days after Lessee receives notice the applicable piece of a Total Condemnation with respect to any such Property or (ii) promptly after the occurrence of a material Environmental Violation with respect to any such PropertyEquipment. (b) If either: (i) Lessee or Lessor shall have received notice of a Condemnation, and Lessee shall have delivered to Lessor an Officer's Certificate that such Condemnation is a Significant Condemnation; or (ii) a Casualty occurs, and Lessee shall have delivered to Lessor an Officer's Certificate that such Casualty is a Significant Casualty; or (iii) a material an Environmental Violation occurs with respect to any Property, or is discovered and Lessee shall have delivered to Lessor an Officer's Certificate that this Lease shall terminate with respect stating that, in the reasonable, good-faith judgment of Lessee, the cost to remediate the same will exceed 10% of the Equipment Cost of such Propertypiece of Equipment; then, then Lessee shall, simultaneously with the delivery of the Officer's Certificate pursuant to the preceding clause (i), (ii) or (iii), deliver a Termination Notice with respect to the affected Propertypiece of Equipment.

Termination Upon Certain Events. (a) If Lessor or Lessee shall have received notice of a Total Condemnation, then Lessee shall be obligated obligated, within thirty (30) days after Lessee receives notice thereof, to deliver a written notice in the form described in Section 16.2(a) (a "Termination Notice") of the termination of this Lease with respect to any Property (i) within thirty (30) days after Lessee receives notice of a Total Condemnation with respect to any such Property or (ii) promptly after the occurrence of a material Environmental Violation with respect to any such applicable Property. (b) If either: (i) Lessee or Lessor shall have received notice of a Condemnation, and Lessee shall have delivered to Lessor an Officer's Certificate that such Condemnation is a Significant Condemnation; or (ii) a Casualty occurs, and Lessee shall have delivered to Lessor an Officer's Certificate that such Casualty is a Significant Casualty; or (iii) a material an Environmental Violation occurs with respect to any Property, or is discovered and Lessee shall have delivered to Lessor an Officer's Certificate that this Lease shall terminate with respect stating that, in the reasonable, good-faith judgment of Lessee, the cost to remediate the same will exceed 10% of the Property Cost of such Property; then, then Lessee shall, simultaneously with the delivery of the Officer's Certificate pursuant to the preceding clause (i), (ii) or (iii), deliver a Termination Notice with respect to the affected Property.

Termination Upon Certain Events. (a) If Lessor or Lessee shall have received notice of a Total Condemnation, then, subject to the provisions of Section 30 hereof, Lessee shall be obligated obligated, within thirty (30) days after Lessee receives notice thereof, to deliver a written notice in the form described in Section 16.2(a) (a "Termination Substitution Notice") of the termination of this Lease with respect to any Property (i) within thirty (30) days after Lessee receives notice of a Total Condemnation with respect to any such Property or (ii) promptly after the occurrence of a material Environmental Violation with respect to any such Propertyaffected Unit. (b) If either: (i) Lessee or Lessor shall have received notice of a Condemnation, and Lessee shall have delivered to Lessor an Officer's Certificate that such Condemnation is a Significant Condemnation; or (ii) a Casualty occurs, and Lessee shall have delivered to Lessor an Officer's Certificate that such Casualty is a Significant Casualty; or (iii) a material an Environmental Violation occurs with respect to any Property, or is discovered and Lessee shall have delivered to Lessor an Officer's Certificate that this Lease shall terminate with respect stating that, in the reasonable, good-faith judgment of Lessee, the cost to remediate the same will exceed 10% of the Equipment Cost of such PropertyUnit; then, then Lessee shall, simultaneously with the delivery of the Officer's Certificate pursuant to the preceding clause (i), (ii) or (iii), as applicable, deliver a Termination Substitution Notice with respect to the affected PropertyUnit.

Termination Upon Certain Events. (a) If Lessor or Lessee shall ------------------------------- have received notice of a Total Condemnation, then Lessee shall be obligated obligated, within thirty (30) days after Lessee receives notice thereof, to deliver a written notice in the form described in Section 16.2(a) (a "Termination Notice") of the termination of this Lease with respect ------------------ to any Property (i) within thirty (30) days after Lessee receives notice the applicable piece of a Total Condemnation with respect to any such Property or (ii) promptly after the occurrence of a material Environmental Violation with respect to any such PropertyEquipment. (b) If either: (i) Lessee or Lessor shall have received notice of a Condemnation, and Lessee shall have delivered to Lessor an Officer's Certificate that such Condemnation is a Significant Condemnation; or (ii) a Casualty occurs, and Lessee shall have delivered to Lessor an Officer's Certificate that such Casualty is a Significant Casualty; or (iii) a material an Environmental Violation occurs with respect to any Property, or is discovered and Lessee shall have delivered to Lessor an Officer's Certificate that this Lease shall terminate with respect stating that, in the reasonable, good-faith judgment of Lessee, the cost to remediate the same will exceed 10% of the Equipment Cost of such Propertypiece of Equipment; then, then Lessee shall, simultaneously with the delivery of the Officer's Certificate pursuant to the preceding clause (i), (ii) or (iii), deliver a Termination Notice with respect to the affected Propertypiece of Equipment.

Termination Upon Certain Events. (a) Lessee shall be obligated ------------------------------- to deliver a written notice in the form described in Section 16.2(a) (a "Termination Notice") of the termination of this Lease with respect to any ------------------ Property (i) within thirty (30) days after Lessee receives notice of a Total Condemnation with respect to any such Property or (ii) promptly after the occurrence of a material Significant Environmental Violation Event with respect to any such Property. (ba) If eitherIf: (i) Lessee or Lessor shall have received notice of a Condemnation, and Lessee shall have delivered to Lessor an Officer's Certificate that such Condemnation is a Significant Condemnation; or (ii) a Casualty occurs, and Lessee shall have delivered to Lessor an Officer's Certificate that such Casualty is a Significant Casualty; or (iii) a material an Environmental Violation occurs with respect to any Property, Property and Lessee shall have delivered to Lessor an Officer's Certificate that this Lease shall terminate with respect to such Property; then, then Lessee shall, simultaneously with the delivery of the Officer's Certificate pursuant to the preceding clause (i), (ii) or (iii), deliver a Termination Notice with respect to the affected Property.

Termination Upon Certain Events. (a) If Lessor or Lessee shall have received notice of a Total Condemnation or a Seller's Exercise of Purchase Option, then Lessee shall be obligated obligated, within thirty (30) days after Lessee receives notice thereof, to deliver a written notice in the form described in Section 16.2(a) (a "Termination Notice") of the termination of this Lease with respect to any Property (i) within thirty (30) days after Lessee receives notice of a Total Condemnation with respect to any such Property or (ii) promptly after the occurrence of a material Environmental Violation with respect to any such PropertyLease. (b) If either: (i) Lessee or Lessor shall have received notice of a Condemnation, and Lessee shall have delivered to Lessor an Officer's Certificate that such Condemnation is a Significant Condemnation; or (ii) a Casualty occurs, and Lessee shall have delivered to Lessor an Officer's Certificate that such Casualty is a Significant Casualty; or (iii) a material an Environmental Violation occurs with respect to any Property, or is discovered and Lessee shall have delivered to Lessor an Officer's Certificate that this Lease shall terminate with respect stating that, in the reasonable, good-faith judgment of Lessee, the cost to such Propertyremediate the same will exceed $3,000,000; then, then Lessee shall, simultaneously with the delivery of the Officer's Certificate pursuant to the preceding clause (i), (ii) or (iii), deliver a Termination Notice with respect to the affected PropertyNotice.

Termination Upon Certain Events. (a) Lessee shall be obligated to deliver a written notice in the form described in Section 16.2(a) (a "Termination Notice") of the termination of this Lease with respect to any Property If: (i) within thirty (30) days after Lessor or Lessee receives shall have received notice of a Total Condemnation with respect to any such Property Condemnation; or (ii) promptly after the occurrence of a material Environmental Violation with respect to any such Property. (b) If either: (i) Lessee or Lessor shall have received notice of a Condemnation, and Lessee shall have delivered to Lessor and Agent an Officer's Certificate that such Condemnation is a Significant Condemnation; or (iiiii) a Casualty occurs, and Lessee shall have delivered to Lessor and Agent an Officer's Certificate that such Casualty is a Significant Casualty; or (iiiiv) a material an Environmental Violation occurs with respect to any Property, or is discovered and Lessee shall have delivered to Lessor and Agent an Officer's Certificate that this Lease shall terminate with respect stating that, in the reasonable, good-faith judgment of Lessee, the cost to such Property, remediate the same will exceed $3,000,000; then Lessee shall, within thirty (30) days after Lessee receives notice of a Total Condemnation pursuant to the preceding clause (i), or simultaneously with the delivery of the Officer's Certificate pursuant to the preceding clause (iii), (iiiii) or (iiiiv), deliver a notice of termination of this Lease to Lessor and Agent in the form described in Section 16.2(a) (a "Termination Notice with respect to the affected PropertyNotice").

Termination Upon Certain Events. (a) If Agent Lessor, any Lessor or Lessee shall have received notice of a Total Condemnation, then Lessee shall be obligated obligated, within thirty (30) days after Lessee receives notice thereof, to deliver a written notice in the form described in Section 16.2(a) (a "Termination NoticeTERMINATION NOTICE") of the termination of this Lease with respect to any Property (i) within thirty (30) days after Lessee receives notice of a Total Condemnation with respect to any such Property or (ii) promptly after the occurrence of a material Environmental Violation with respect to any such PropertyLease. (b) If either: (i) Lessee or Agent Lessor or any Lessor shall have received notice of a Condemnation, and Lessee shall have delivered to Agent Lessor and Agent an Officer's Certificate that such Condemnation is a Significant Condemnation; or (ii) a Casualty occurs, and Lessee shall have delivered to Agent Lessor and Agent an Officer's Certificate that such Casualty is a Significant Casualty; or (iii) a material an Environmental Violation occurs with respect to any Property, or is discovered and Lessee shall have delivered to Lessor an Officer's Certificate that this Lease shall terminate with respect stating that, in the reasonable, good-faith judgment of Lessee, the cost to such Propertyremediate the same will exceed $5,000,000; then, then Lessee shall, simultaneously with the delivery of the Officer's Certificate pursuant to the preceding clause (i), (ii) or (iii), deliver a Termination Notice with respect to the affected PropertyNotice.

Termination Upon Certain Events. (a) If Lessor or Lessee shall have received notice of a Total Condemnation, then Lessee shall be obligated obligated, within thirty (30) days after Lessee receives notice thereof, to deliver a written notice in the form described in Section 16.2(a) (a "Termination Notice") of the termination of this Lease with respect to any Property (i) within thirty (30) days after Lessee receives notice of a Total Condemnation with respect to any such Property or (ii) promptly after the occurrence of a material Environmental Violation with respect to any such applicable Property. (b) If either: (i) Lessee or Lessor shall have received notice of a Condemnation, and Lessee shall have delivered to Lessor an Officer's Certificate that such Condemnation is a Significant Condemnation; or (ii) a Casualty occurs, and Lessee shall have delivered to Lessor an Officer's Certificate that such Casualty is a Significant Casualty; or (iii) a material an Environmental Violation occurs with respect to any Property, or is discovered and Lessee shall have delivered to Lessor an Officer's Certificate that this Lease shall terminate with respect stating that, in the reasonable, good-faith judgment of Lessee, the cost to such Propertyremediate the same will exceed $1,000,000; then, then Lessee shall, simultaneously with the delivery of the Officer's Certificate pursuant to the preceding clause (i), (ii) or (iii), deliver a Termination Notice with respect to the affected Property.