Common use of EXERCISE OF THE LESSOR'S RIGHTS Clause in Contracts

EXERCISE OF THE LESSOR'S RIGHTS. Subject to the Excepted Payments, the Construction Agent and the Lessor hereby acknowledge and agree that, subject to and in accordance with the terms of the Security Agreement made by the Lessor in favor of the Agent, the rights and powers of the Lessor under this Agreement have been assigned to the Agent.

Appears in 7 contracts

Samples: Agency Agreement (United Therapeutics Corp), Lease Agreement (Lexicon Genetics Inc/Tx), Construction Agency Agreement (Veritas Software Corp /De/)

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EXERCISE OF THE LESSOR'S RIGHTS. Subject to the Excepted Payments, the Construction Agent and the Lessor hereby acknowledge and agree thatthat the right, title and interest of the Lessor in this Agreement is subject to and in accordance with the terms of the Security Agreement made by the Lessor Lien in favor of the Agent, the rights and powers of the Lessor under this Agreement have been assigned Agent pursuant to the AgentSecurity Agreement.

Appears in 2 contracts

Samples: Agency Agreement (Sabre Holdings Corp), Agency Agreement (Sabre Holdings Corp)

EXERCISE OF THE LESSOR'S RIGHTS. Subject to the Excepted Payments, the Construction Agent and the Lessor hereby acknowledge and agree that, subject to and in accordance with the terms of the Security Agreement made by the Lessor in favor of the AgentBank, the rights and powers of the Lessor under this Agreement have been assigned to the AgentBank.

Appears in 1 contract

Samples: Agency Agreement (Dollar Tree Stores Inc)

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EXERCISE OF THE LESSOR'S RIGHTS. Subject to the Excepted Payments, the Construction Agent and the Lessor hereby acknowledge and agree that, subject to and in accordance with the terms of the Security Agreement made by the Lessor in favor of the AgentDocuments, the rights and powers of the Lessor under this Agreement have been assigned to the Agent.

Appears in 1 contract

Samples: Agency Agreement (Nvidia Corp)

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