LCRA and Kansas City Sample Clauses

LCRA and Kansas City. Master Lessee represents and warrants to Administrative Agent and the Lenders that: (i) the Kansas City Master Lease is valid and in and full force and effect; (ii) the Kansas City Master Lease is in writing, and there are no oral agreements with respect thereto; (iii) the copy of the Kansas City Master Lease delivered to Administrative Agent is true and complete; (iv) neither LCRA nor Kansas City Master Lessee is in default under the Kansas City Master Lease; (v) Borrower has no knowledge of any notice of termination or default with respect to the Kansas City Master Lease; (vi) Borrower has not assigned or pledged the Kansas City Master Lease, the rents or any interests therein except to Administrative Agent and the Lenders; (vii) except as specifically provided in Section 17.1 of the Kansas City Master Lease, no Tenant or other party has an option to purchase all or any portion of the Kansas City Project; and
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LCRA and Kansas City. Master Lessee shall (i) perform the obligations under the Kansas City Master Lease in all material respects; (ii) enforce the obligations to be performed under the Kansas City Master Lease in all material respects; (iii) not further assign or encumber the Kansas City Master Lease; (iv) not, except with Administrative Agent’s prior written consent, cancel or accept surrender or termination of the Kansas City Master Lease other than in connection with a LCRA Termination Right; and (v) not, except with Administrative Agent’s prior written consent, modify or amend the Kansas City Master Lease. Any action in violation of clauses (iii), (iv) or (v) of this Section 5.3(b) shall be void at the election of Administrative Agent.

Related to LCRA and Kansas City

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