Common use of End of Term Indemnity Clause in Contracts

End of Term Indemnity. (a) If the Lessee elects (on behalf of the Lessee) the Remarketing Option and there would, after giving effect to the proposed remarketing transaction, be a Shortfall Amount, then prior to the Expiration Date and as a condition to the Lessee's right to complete the remarketing of the Property pursuant to Article XX of the Master Lease, the Lessee shall cause to be delivered to the Administrative Agent and Agent Certificate Holder at least one hundred twenty (120) days prior to the Expiration Date, at the Lessee's sole cost and expense, a report from the Appraiser in form and substance satisfactory to the Agent Certificate Holder, the Administrative Agent and the Participants (the "End of the Term Report") which shall state the appraiser's conclusions as to the reason for any decline in the Fair Market Sales Value of the Property from that anticipated for such date in the As-Completed Appraisal delivered with respect to the Property or any Improvements to the Property.

End of Term Indemnity. (a) If the Lessee elects (on behalf of the Lessee) is subject to the Remarketing Option Obligation and there would, after giving effect to the proposed remarketing transactionsale of the Leased Property, be a Shortfall AmountAmount (as hereinafter defined), then prior to the Expiration Lease Termination Date and as a condition to the Lessee's Lessees' right to complete the remarketing of the Leased Property pursuant to Article XX Section 14.1 of the Master Lease, the Lessee shall cause to be delivered to the Administrative Agent and Agent Certificate Holder the Lessor at least one hundred twenty sixty (12060) days prior to the Expiration Lease Termination Date, at the Lessee's sole cost and expense, a report from the Appraiser an appraiser in form and substance satisfactory to the Agent Certificate HolderLessor, the Administrative Agent and the Participants Lenders (the "End of the Term Report") which shall state the appraiser's conclusions as to the reason for any decline in the Fair Market Sales Value of the Leased Property from that anticipated for such date in the As-Completed Appraisal delivered Lease Balance with respect to the Property or any Improvements to the Propertythereto.

End of Term Indemnity. (a) If the Lessee Agent elects (on behalf of the Lessee) the Remarketing Option and there would, after giving effect to the proposed remarketing transaction, be a Shortfall Amount, then prior to the Expiration Date and as a condition to the LesseeLessee Agent's right to complete the remarketing of the Property pursuant to Article XX of the Master Lease, the Lessee shall cause to be delivered to the Administrative Agent and Agent Certificate Holder at least one hundred twenty (120) days prior to the Expiration Date, at the LesseeLessee Agent's sole cost and expense, a report from the Appraiser in form and substance satisfactory to the Agent Certificate Holder, the Administrative Agent and the Participants (the "End of the Term Report") which shall state the appraiser's conclusions as to the reason for any decline in the Fair Market Sales Value of the Property from that anticipated for such date in the As-Completed Built Appraisal delivered with respect to the Property or any Improvements to the Property.