Common use of Continuation of Lease Term by Xxxxxx Clause in Contracts

Continuation of Lease Term by Xxxxxx. Lessee intends, subject to SECTION 4.4 of this Agreement, to continue the Lease Term through the Initial Term and all Renewal Terms and to pay the Rental Payments hereunder. Lessee reasonably believes that legally available funds in an amount sufficient to make all Rental Payments during the Initial Term and each of the Renewal Terms can be obtained. Lessee further intends to do all things lawfully within its power to obtain and maintain funds from which the Rental Payments may be made, including making provision for such payments to the extent necessary in each Budget or appropriation request submitted to Xxxxxx’s governing body for adoption in accordance with applicable provisions of law, and to cause its budget officer to use his best efforts to have such portion of the Budget or appropriation request approved by Xxxxxx’s governing body.

Appears in 5 contracts

Samples: Lease and Option to Purchase Agreement, Lease and Option to Purchase Agreement, Lease and Option to Purchase Agreement

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Continuation of Lease Term by Xxxxxx. Lessee intends, subject to SECTION 4.4 of this AgreementSection 4.4, to continue the Lease Term through the Initial Term and all Renewal Terms and to pay the Rental Payments hereunder. The Lessee reasonably believes that legally available funds in an amount sufficient to make all Rental Payments during the Initial Term and each of the Renewal Terms can be obtained. Lessee further intends to do all things lawfully within its power to obtain and maintain funds from which the Rental Payments may be made, including making provision for such payments to the extent necessary in each Budget or appropriation request req-µest submitted to Xxxxxx’s Lessee's governing body for adoption in accordance with applicable provisions of law, and to cause its budget officer to use his best efforts to have such portion of the Budget or appropriation request approved by Xxxxxx’s 's governing body.

Appears in 1 contract

Samples: Lease and Option to Purchase Agreement

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