Common use of Useful Life Clause in Contracts

Useful Life. If the Lessee shall not theretofore have exercised its option under Section 13 to purchase the Undivided Interest and the Real Property Interest, then (i) if the Lessee shall not theretofore have exercised its option to renew the Lease pursuant to Section 12, on January .15, 2015, the Lessee shall initiate the Appraisal Procedure to determine the remaining Economic Useful Life of Unit 2 as of July 15, 2015 and (ii) on the Rent Payment Date occurring one year prior to the end of the Renewal Term, if any, the Lessee shall initiate the Appraisal Procedure to determine the remaining Economic Useful Life of Unit 2 as of the date six months prior to the end of the Renewal Term. The Lessee and the Lessor agree to use their best efforts to ensure that such determination of remaining economic useful life is made no later than July 15, 2015 (in the case of the first such determination) and six months prior to the end of the Renewal Term (in the case of the second such determination)

Useful Life. If the Lessee shall not theretofore have exercised its option under Section 13 to purchase the Undivided Interest and the Real Property Interest, then (i) if the Lessee shall not theretofore have exercised its option to renew the Lease pursuant to Section 12, on January .1515, 20152014, the Lessee shall initiate the Appraisal Procedure to determine the remaining Economic Useful Life economic useful life of Unit 2 1 as of July 15, 2015 2014 and (ii) on the Rent Payment Date occurring one year prior to the end of the Renewal Term, if any, the Lessee shall initiate the Appraisal Procedure to determine the remaining Economic Useful Life economic useful life of Unit 2 1 as of the date six months prior to the end of the Renewal Term. The Lessee and the Lessor agree to use their best efforts to ensure that such determination of remaining economic useful life is made no later than July 15, 2015 2014 (in the case of the first such determination) and six months prior to the end of the Renewal Term (in the case of the second such determination).

Useful Life. If the Lessee shall not theretofore have exercised its option under Section section 13 to purchase the Undivided Interest and the Real Property Interestinterest, then (i) if the Lessee shall not theretofore have exercised its option to renew the Lease pursuant to Section 12, on January .1515, 2015, the Lessee shall initiate the Appraisal Procedure to determine the remaining Economic Useful Life of Unit 2 as of July 15, 2015 and (ii) on the Rent Payment Date occurring one year prior to the end of the Renewal Term, if any, the Lessee shall initiate the Appraisal Procedure to determine the remaining Economic Useful Life of Unit 2 as of the date six months prior to the end of the Renewal Term. The Lessee and the Lessor agree to use their best beet efforts to ensure that such determination of remaining economic useful life is made no later than July 15, 2015 (in the case of the first such determination) and six months prior to the end of the Renewal Term (in the case of the second such determination)) "

Useful Life. If the Lessee shall not theretofore have exercised its option under Section section 13 to purchase the Undivided Interest and the Real Property Interest, then (i) if the Lessee shall not theretofore have exercised its option to renew the Lease pursuant to Section 12, on January .1515, 20152014, the Lessee shall initiate the Appraisal Procedure to determine the remaining Economic Useful Life of Unit 2 1 as of July 15, 2015 2014 and (ii) on the Rent Payment Date occurring one year prior to the end of the Renewal Term, if any, the Lessee shall initiate the Appraisal Procedure to determine the remaining Economic Useful Life of Unit 2 1 as of the date six months prior to the end of the Renewal Term. The Lessee and the Lessor agree to use their best efforts to ensure that such determination of remaining economic useful life is made no later than July 15, 2015 2014 (in the case of the first such determination) and six months prior to the end of the Renewal Term (in the case of the second such determination)) " 6091.CHASE.DEBT. 160:1

Useful Life. If the Lessee shall not theretofore have exercised its option under Section section 13 to purchase the Undivided Interest and the Real Property Interest, then (i) if the Lessee shall not theretofore have exercised its option to renew the Lease pursuant to Section 12, on January .1515, 20152014, the Lessee shall initiate the Appraisal Procedure to determine the remaining Economic Useful Life of Unit 2 1 as of July 15, 2015 2014 and (ii) on an the Rent Payment Date occurring one year prior to the end of the Renewal Term, if any, the Lessee shall initiate the Appraisal Procedure to determine the remaining Economic Useful Life of Unit 2 1 as of the date six months prior to the end of the Renewal Term. The Lessee and the Lessor agree to use their best efforts to ensure that such determination of remaining economic useful life is made no later than July 15, 2015 2014 (in the case of the first such determination) and six months prior to the end of the Renewal Term (in the case of the second such determination)