Common use of Gate Utilization Clause in Contracts

Gate Utilization. Utilize all of its Gate Leaseholds in a manner sufficient to comply with applicable lease provisions governing such Gate Leaseholds. The Borrower shall not be in violation of this Section 6.19 by reason of: (i) its sale or assignment of any of the Gate Leaseholds to Southwest, or with Lender’s consent, any assignment or relinquishment of any Gate Leaseholds to the City of Chicago; or (ii) its termination, cancellation, rejection, failure to renew or assignment of any Gate Leaseholds or any other leases of real property with approval of the Bankruptcy Court pursuant to any order issued in the Cases prior to November 30, 2005, or as contemplated by the Disclosure Statement Financial Projections.

Appears in 2 contracts

Sources: Debtor in Possession Credit and Security Agreement (Ata Holdings Corp), Debtor in Possession Credit and Security Agreement