Lease Remedy definition

Lease Remedy or “Lease Remedies” means any or all remedial steps provided in Section 13.02 of this Lease whenever an Event of Default hereunder has happened and is continuing.
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Lease Remedy or “Lease Remedies” means any or all remedial steps provided in this Lease whenever an Event of Lease Default or an Event of Nonappropriation has happened and is continuing, which may be exercised by the Trustee as provided in this Lease and in the Indenture.
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Lease Remedy or “Lease Remedies” means any or all remedial steps provided in Section 14.02 of this Lease whenever an Event of Default hereunder has happened and is continuing, which may be exercised by the Trustee as provided in Article VII of the Indenture.
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Examples of Lease Remedy in a sentence

  • Amounts paid to the Owner Participant from the Qualifying Head Lease Surety Bond in satisfaction of the Special Equity Head Lease Remedy shall not satisfy or be treated as performance of any of the Facility Sublessee's obligations under this Facility Sublease or any other Operative Document (other than its obligations under Section 16.2 of the Participation Agreement) or in any way limit or offset any amounts payable by the Facility Sublessee.

  • Manchester shall give BRC notice of its election to compel BRC's purchase of Manchester's Units under this Section 7.12(b) within ten (10) days after BRC provides Manchester with written notice of BRC's intent to exercise a Lease Remedy and, in such event, BRC shall purchase Manchester's Units not more than sixty (60) days following the date value is determined pursuant to Section 7.8.

  • Amounts paid to the Facility Lessor or the Owner Participant from the Qualifying Equity Funding Agreement in satisfaction of the Special Equity Facility Lease Remedy shall not satisfy or be treated as performance of any of the Facility Lessee's obligations under this Facility Lease or any other Operative Document (other than its obligations under Section 16.2 of the Participation Agreement) or in any way limit or offset any amounts payable by the Facility Lessee.


More Definitions of Lease Remedy

Lease Remedy or “Lease Remedies” means any or all remedial steps provided in Section 14.02 of this Lease whenever an Event of Default has happened and is continuing.
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Lease Remedy or “Lease Remedies” means any or all remedial steps provided in this Lease whenever an Event of Lease Default or an Event of Nonappropriation has happened and is
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Related to Lease Remedy

  • Remedy means any remedial right to which an aggrieved party is entitled with or without resort to a tribunal.

  • Remedies means actions designed to restore or preserve the complainant’s equal access to education after a respondent is found responsible. Remedies may include the same individualized services that constitute supportive measures, but need not be non-punitive or non-disciplinary, nor must they avoid burdening the respondent.

  • Cure Period means the period specified in this Agreement for curing any breach or default of any provision of this Agreement by the Party responsible for such breach or default and shall:

  • Limit of Liability means, with respect to any Insuring Agreement, the limit of liability of the Underwriter for any Single Loss covered by such Insuring Agreement as set forth under the heading “Limit of Liability” in Item 3 of the Declarations or in any Rider for such Insuring Agreement.

  • Contractor Default shall have the meaning set forth in Clause 23.1;