Initial Lease. In connection with the lease of any Financed Vehicles to be leased on the Lease Commencement Date (or, in the case of an Additional Lessee, the date of the initial Vehicle Order or Refinancing Schedule thereof), to evidence the refinancing of any Refinanced Vehicles and the acquisition and financing of any other Financed Vehicles by each Lessee on the Lease Commencement Date (or the date of such initial Vehicle Order) and the conveyance on such date of a security interest in such Financed Vehicles to the Master Collateral Agent, such Lessee shall have delivered to the Lessor on or prior to the Lease Commencement Date (or the date of such initial Vehicle Order or Refinancing Schedule) each of the documents set forth in Section 4.2 of the Base Lease and a Vehicle Order (including a Vehicle Acquisition Schedule) with respect to all Financed Vehicles (other than Refinanced Vehicles) to be leased by such Lessee on the Lease Commencement Date (or date of the initial Vehicle Order of such Additional Lessee, as applicable)
Initial Lease. In connection with the lease of any Financed Vehicles to be leased on the Lease Commencement Date (or, in the case of an Additional Lessee, the date of the initial Vehicle Order or Refinancing Schedule thereof), to evidence the refinancing of any Refinanced Vehicles and the acquisition and financing of any other Financed Vehicles by each Lessee on the Lease Commencement Date (or the date of such initial Vehicle Order) and the conveyance on such date of a security interest in such Financed Vehicles to the Master Collateral Agent, such Lessee shall deliver to the Lessor on or prior to the Lease Commencement Date (or the date of such initial Vehicle Order or Refinancing Schedule) the following:
Initial Lease. Each of (i) the lease agreements that are set forth on Schedule 4 to the Security Agreement, (ii) the CAI Agreement and (iii) the Management Agreement.
Initial Lease. In connection with the Lease of the Refinanced Vehicles and any other Financed Vehicles to be leased on the Lease Commencement Date, to evidence the refinancing of the Refinanced Vehicles and the acquisition and financing of such other Financed Vehicles by the Lessor on the Lease Commencement Date and the conveyance on such date of a security interest in such Financed Vehicles to the Master Collateral Agent, the Lessee shall deliver to the Lessor on or prior to the Lease Commencement Date the following:
Initial Lease. Section 1.1(d)..........................3
Initial Lease. (a) Non-Anchor Tenants: Five (5%) percent of base aggregate lease rents up to ten (10) years;
Initial Lease. In connection with the Lease of the Existing Fleet and any other Financed Vehicles to be leased on the Lease Commencement Date, to evidence the refinancing of the Vehicles in the Existing Fleet and the acquisition and financing of such other Financed Vehicles by such Lessee on the Lease Commencement Date and the conveyance on such date of a security interest in such Financed Vehicles to the Master Collateral Agent, the Lessees shall deliver to the Lessor on or prior to the Lease Commencement Date in respect of the initial Vehicle Order of each Additional Lessee the following:
Initial Lease. In consideration of the increased Purchase Price set forth in Paragraph 4 above, if Purchaser, as landlord under the Initial Lease, terminates the Initial Lease pursuant to the terms and conditions set forth in Article 34 thereof, such termination shall be effective as of any date which occurs after the expiration of the eighteenth (18th) month anniversary of the Commencement Date (as such term is defined in the Initial Lease) by giving Club Tenant at least one hundred twenty (120) days’ prior notice of such termination. Seller and Purchaser agree that Article 34 in the form of Initial Lease to be executed by the parties at the Closing shall be revised in accordance with the provisions of this Paragraph 5. In addition, Seller and Purchaser agree to modify the Initial Lease and New Club Lease (as such term is defined in the Initial Lease) as follows: (i) Section 34.4 of the Initial Lease shall be revised by deleting “2,040 days” and substituting in its place and stead “1,860 days”; provided, however, that such one thousand eight hundred sixty (1,860) day period shall be increased by one (1) day for each day after the eighteenth (18th) month anniversary of the Commencement Date until the Early Termination Date occurs, provided further that such one thousand eight hundred sixty (1,860) day period shall not be increased to an amount greater than two thousand forty (2,040) days; (ii) Section 34.6 of the Initial Lease shall be revised by deleting “one hundred eighty (180) days” and substituting in its place and stead “one hundred twenty (120) days”; and (iii) Section 2.6 of the New Club Lease shall be revised by deleting “two thousand forty (2,040) days” and substituting in its place and stead “one thousand eight hundred sixty (1,860) days”; provided, however, that such one thousand eight hundred sixty (1,860) day period shall be increased by one (1) day for each day after the eighteenth (18th) month anniversary of the Commencement Date under the Initial Lease until the Early Termination Date under the Initial Lease occurs, provided further that such one thousand eight hundred sixty (1,860) day period shall not be increased to an amount greater than two thousand forty (2,040) days.”
Initial Lease. In connection with the lease of any Financed Vehicles to be leased on the Lease Commencement Date (or, in the case of an Additional Lessee, the date of the initial Vehicle Order or Refinancing Schedule thereof), to evidence the refinancing of Vehicles in the Existing Fleet and any other Refinanced Vehicles and the acquisition and financing of any other Financed Vehicles by each Lessee on the Lease Commencement Date (or the date of such initial Vehicle Order) and the conveyance on such date of a security interest in such Financed Vehicles to the Master Collateral Agent, such Lessee shall deliver to the Lessor on or prior to the Lease Commencement Date (or the date of such initial Vehicle Order or Refinancing Schedule) the following:
Initial Lease
