Common use of No Termination or Abatement Clause in Contracts

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental Authority, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority or by any court with respect to any Person, or any Governmental Authority. Lessee hereby waives all right (a) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreements) or (b) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 20 contracts

Samples: Lease Agreement (Convergys Corp), Lease Agreement (Healthsouth Corp), Lease Agreement (Acxiom Corp)

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No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting Lessor, any other Person or any Governmental Authority, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of Lessor, any other Person or any Governmental Authority or by any court with respect to Lessor, any Person, other Person or any Governmental Authority. Lessee hereby waives all right (a) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreements) or (b) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 7 contracts

Samples: Lease Agreement (Tech Data Corp), Lease Agreement (Tech Data Corp), Lease Agreement (Tech Data Corp)

No Termination or Abatement. The Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental Authoritythe Lessor, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority the Lessor or by any court with respect to any Person, or any Governmental Authoritythe Lessor. The Lessee hereby waives all right (ai) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreementsprovided herein) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease. Notwithstanding anything contained in this Article IX, this Lease may be terminated by Lessor pursuant to, inter alia, Sections 19.1 and 20.2 hereof.

Appears in 6 contracts

Samples: Lease (Brookdale Living Communities Inc), Lease (Brookdale Living Communities Inc), Lease (Brookdale Living Communities Inc)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental AuthorityLessor, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority Lessor or by any court with respect to any PersonLessor, or any Governmental Authorityexcept as otherwise expressly provided herein. Lessee hereby waives all right (ai) to terminate or surrender this Lease (Lease, except as permitted under the terms of the Operative Agreements) otherwise expressly provided herein, or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 4 contracts

Samples: Lease (Living Centers of America Inc), Lease (Paragon Health Network Inc), Safeskin Corp

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental AuthorityParticipant, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority Participant or by any court with respect to any PersonParticipant, or any Governmental Authorityexcept as otherwise expressly provided herein. Lessee hereby waives all right (ai) to terminate or surrender this Lease (Lease, except as permitted under the terms of the Operative Agreements) otherwise expressly provided herein, or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 4 contracts

Samples: Master Lease (Symantec Corp), Lease (Wind River Systems Inc), Lease (Wind River Systems Inc)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental AuthorityLessor, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority Lessor or by any court with respect to any PersonLessor, or any Governmental Authorityexcept as otherwise expressly provided herein. Lessee hereby waives all right (ai) to terminate or surrender this Lease (Lease, except as permitted under otherwise expressly provided herein or in the terms of the other Operative Agreements) , or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and and, to the extent permitted by law, Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, to the extent permitted by law, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 4 contracts

Samples: Lease (Hanover Compressor Co /), Credit Agreement (Hanover Compressor Co), Lease (Hanover Compression Inc)

No Termination or Abatement. The Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental Authoritythe Lessor, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority the Lessor or by any court with respect to any Person, or any Governmental Authoritythe Lessor. The Lessee hereby waives all right (ai) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreementsprovided herein) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 4 contracts

Samples: Master Lease and Security Agreement (Iron Mountain Inc/Pa), Lease and Security Agreement (Alternative Living Services Inc), Master Lease and Security Agreement (Rite Aid Corp)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person Lessor or any Governmental Authority, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person Lessor or any Governmental Authority or by any court with respect to Lessor, Lessee, any PersonHolder, or any Governmental Authority. Lessee hereby waives all right (a) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreements) or (b) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 3 contracts

Samples: Lease Agreement (Healthsouth Corp), Lease Agreement (Healthsouth Corp), Lease Agreement (Healthsouth Corp)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, dissolution or other proceeding affecting any Person or any Governmental AuthorityParticipant, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority Participant or by any court with respect to any PersonParticipant, or any Governmental Authorityexcept as otherwise expressly provided herein. Lessee hereby waives all right (ai) to terminate or surrender this Lease (Lease, except as permitted under the terms of the Operative Agreements) otherwise expressly provided herein, or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 2 contracts

Samples: Lease Supplement Improvements (Lam Research Corp), Lam Research Corp

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental Authority, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority or by any court with respect to any Person, or any Governmental Authority. Lessee hereby waives all right (a) to terminate or surrender this Lease (except as permitted hereunder or under the terms of the Operative Agreements) or (b) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 2 contracts

Samples: Master Lease Agreement (Veritas Software Corp /De/), Master Lease Agreement (Veritas Software Corp /De/)

No Termination or Abatement. Except as specifically set forth in Articles XV and XX, Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other similar proceeding affecting any Person or any Governmental Authority, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority or by any court with respect to any Person, or any Governmental Authority. Lessee hereby waives all right (a) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreements) or (b) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding Notwith­standing any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 2 contracts

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

No Termination or Abatement. The Lessee shall remain obligated under this Master Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this LeaseMaster Lease (except as provided herein), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental AuthorityParticipant, or any action with respect to this Master Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority Participant or by any court with respect to any Person, or any Governmental AuthorityParticipant. The Lessee hereby waives waives, to the extent permitted by law, all right (ai) to terminate or surrender this Master Lease (except as permitted under the terms of the Operative Agreementsprovided herein) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Master Lease in accordance with its terms and the Lessee hereby waives waives, to the extent permitted by law, any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Master Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this LeaseMaster Lease and the Lease Supplement.

Appears in 2 contracts

Samples: Participation Agreement (Mondavi Robert Corp), Construction Agency Agreement (Mondavi Robert Corp)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person Lessor or any Governmental AuthorityLender, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person Lessor or any Governmental Authority Lender or by any court with respect to any Person, Lessor or any Governmental AuthorityLender, except as otherwise expressly provided herein. Lessee hereby waives all right (ai) to terminate or surrender this Lease (Lease, except as permitted under the terms of the Operative Agreements) otherwise expressly provided herein, or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this LeaseLease and any Lease Supplements.

Appears in 2 contracts

Samples: Lease, Security Agreement and Financing Agreement (Quality Food Centers Inc), Lease, Security Agreement and Financing Agreement (Fred Meyer Inc)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person Lessor or any Governmental Authority, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person Lessor or any Governmental Authority or by any court with respect to Lessor, Lessee, any PersonHolder, or any Governmental Authority. Lessee hereby waives all right (ai) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreements) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 2 contracts

Samples: Lease Agreement (Capital One Financial Corp), Lease Agreement (Capital One Financial Corp)

No Termination or Abatement. The Lessee shall remain obligated under this Master Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this LeaseMaster Lease (except as provided herein), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person the Lessor or any Governmental AuthorityParticipant, or any action with respect to this Master Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person the Lessor or any Governmental Authority Participant or by any court with respect to any Person, the Lessor or any Governmental AuthorityParticipant. The Lessee hereby waives all right (ai) to terminate or surrender this Master Lease (except as permitted under the terms of the Operative Agreementsprovided herein) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Master Lease in accordance with its terms and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Master Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Master Lease.

Appears in 2 contracts

Samples: Execution Copy (Symantec Corp), Symantec Corp

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental Authority, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority or by any court with respect to any Person, or any Governmental Authority. Lessee hereby waives all right (a) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreements) or (b) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense (other than payment in full) with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 2 contracts

Samples: Lease Agreement (United Therapeutics Corp), Lease Agreement (Human Genome Sciences Inc)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person Lessor or any Governmental Authority, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person Lessor or any Governmental Authority or by any court with respect to any Person, Lessor or any Governmental Authority. Lessee hereby waives all right (ai) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreements) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter 6 conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 2 contracts

Samples: Lease Agreement (Meyer Fred Inc), Memorandum of Lease Agreement (Meyer Fred Inc)

No Termination or Abatement. Each applicable Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental Authority, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority or by any court with respect to any Person, or any Governmental Authority. Each Lessee hereby waives all right (a) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreements) or (b) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Each Lessee shall remain obligated under this Lease in accordance with its terms and each Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, each Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 2 contracts

Samples: Lease Agreement (Performance Food Group Co), Lease Agreement (Dollar Tree Stores Inc)

No Termination or Abatement. The Lessee shall remain obligated under this Master Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this LeaseMaster Lease (except as provided herein), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental AuthorityParticipant, or any action with respect to this Master Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority Participant or by any court with respect to any Person, or any Governmental AuthorityParticipant. The Lessee hereby waives waives, to the extent permitted by law, all right (ai) to terminate or surrender this Master Lease (except as permitted under the terms of the Operative Agreementsprovided herein) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Master Lease in accordance with its terms and the Lessee hereby waives waives, to the extent permitted by law, any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Master Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this LeaseMaster Lease and the Lease Supplements.

Appears in 1 contract

Samples: Master Lease And (Lam Research Corp)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganizationreorgan- ization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental AuthorityLessor, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority Lessor or by any court with respect to any PersonLessor, or any Governmental Authorityexcept as otherwise expressly provided herein. Lessee hereby waives all right (ai) to terminate or surrender this Lease (Lease, except as permitted under the terms of the Operative Agreements) otherwise expressly provided herein, or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease. 7.

Appears in 1 contract

Samples: Lease (Dominicks Supermarkets Inc)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental AuthorityLessor, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority Lessor or by any court with respect to any Person, or any Governmental AuthorityLessor. Lessee hereby waives all right (ai) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreements) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Lease Agreement (Kansas City Power & Light Co)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental AuthorityLessor, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority Lessor or by any court with respect to any PersonLessor, or any Governmental Authorityexcept as otherwise expressly provided herein. Lessee hereby waives all right (ai) to terminate or surrender this Lease Lease, (except as permitted under the terms of the otherwise expressly provided herein or in any other Operative Agreements) Agreement), or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Lease (Genentech Inc)

No Termination or Abatement. Lessee shall remain obligated --------------------------- under this Lease in accordance with its terms and, consistent with the intention of the parties expressed in Sections 2.4 and 15.1, shall not take any action to -------- --- ---- terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person Agent or any Governmental AuthorityLessor, or any action with respect to this Lease or any Operative Agreement which may be taken by any trusteecustodian, receiver receiver, liquidator, assignee, trustee or liquidator sequestrator (or other similar official) of any Person or any Governmental Authority or by any court with respect to any such Person, or any Governmental Authority. Lessee hereby waives all right (ai) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreementsprovided herein) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms terms, and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Lease Intended as Security (Levi Strauss & Co)

No Termination or Abatement. Each Lessee shall remain obligated under this Master Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this LeaseMaster Lease (except as provided herein), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person the Lessor or any Governmental AuthorityParticipant, or any action with respect to this Master Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person the Lessor or any Governmental Authority Participant or by any court with respect to any Person, the Lessor or any Governmental AuthorityParticipant. Each Lessee hereby waives all right (ai) to terminate or surrender this Master Lease (except as permitted under the terms of the Operative Agreementsprovided herein) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim (other than compulsory counterclaims) or defense with respect to any Rent. Each Lessee shall remain obligated under this Master Lease in accordance with its terms and such Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Master Lease. Notwithstanding any such statute or otherwise, each Lessee shall be bound by all of the terms and conditions contained in this Master Lease.

Appears in 1 contract

Samples: Master Lease (Multicare Companies Inc)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, Lease notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental AuthorityLessor, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority Lessor or by any court with respect to any Person, or any Governmental AuthorityLessor. Lessee hereby waives all right (ai) to terminate or surrender this Lease (Lease, except as permitted under the terms of the Operative Agreements) otherwise set forth in Article XXIII, or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoffset off, counterclaim or defense with respect to any RentRent (except as expressly herein permitted, including the terms of Article XXIII). Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Lease (Borders Group Inc)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental Authority, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority or by any court with respect to any Person, or any Governmental Authority. Lessee hereby waives all right (a) to terminate or surrender this Lease (except as expressly permitted under the terms of the Operative Agreements) or (b) to avail itself of any abatement, suspension, deferment, reduction, setoffset-off, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Deed of Lease Agreement (Lci International Inc /Va/)

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No Termination or Abatement. The Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person the Lessor, the Agent or any Governmental AuthorityParticipant, or any action with respect to this Lease or any Operative Agreement Document which may be taken by any trustee, receiver or liquidator of any Person the Lessor, the Agent or any Governmental Authority Participant or by any court with respect to any Personthe Lessor, the Agent or any Governmental AuthorityParticipant. The Lessee hereby waives all right (ai) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreementsprovided herein) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense (other than the defense of payment) with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Chase Industries Inc

No Termination or Abatement. The Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting the Lessor, the Agent, any Person Participant or any Governmental Authority, the Lessee or any action with respect to this Lease or any Operative Agreement Document which may be taken by any trustee, receiver or liquidator of the Lessor, the Agent, any Person Participant or any Governmental Authority the Lessee or by any court with respect to any Personthe Lessor, the Agent or any Governmental AuthorityParticipant. The Lessee hereby waives all right (ai) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreementsprovided herein) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense (other than the defense of payment) with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Transport Corporation of America Inc

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental Authority, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority or by any court with respect to any Person, or any Governmental Authority. Lessee hereby waives all right (a) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreements) or (b) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives waives, to the fullest extent permitted by applicable law, any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee Lessee, to the fullest extent permitted by applicable law, shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Lease Agreement (Lexicon Genetics Inc/Tx)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental Authority, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority or by any court with respect to any Person, or any Governmental Authority. Lessee hereby waives all right (a) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreements) or (b) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease. Lessee's agreements in this paragraph shall not affect any claim, action or right Lessee may have against the Lessor, the Agent or any Primary Financing Party that may be brought by separate proceeding.

Appears in 1 contract

Samples: Lease Agreement (Capital One Financial Corp)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental AuthorityLessor, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority Lessor or by any court with respect to any PersonLessor, or any Governmental Authorityexcept as otherwise expressly provided herein. Lessee hereby waives waives, to the extent permitted by Legal Requirements, all right (ai) to terminate or surrender this Lease (Lease, except as permitted under the terms of the Operative Agreements) otherwise expressly provided herein, or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives waives, to the extent permitted by Legal Requirements, any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Lease (Farmland Industries Inc)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and and, to the extent permitted by applicable law, agrees that it shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental Authority, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority or by any court with respect to any Person, or any Governmental Authority. To the extent permitted by applicable law, Lessee hereby waives all right (a) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreements) or (b) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute (to the extent Lessee may legally waive the application of such applicable law) or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Credit Agreement (Correctional Services Corp)

No Termination or Abatement. The Lessee shall remain obligated under this Master Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this LeaseMaster Lease (except as provided herein), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person the Lessor or any Governmental AuthorityParticipant, or any action with respect to this Master Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person the Lessor or any Governmental Authority Participant or by any court with respect to any Person, the Lessor or any Governmental AuthorityParticipant. The Lessee hereby waives all right (ai) to terminate or surrender this Master Lease (except as permitted under the terms of the Operative Agreementsprovided herein) or (bii) to avail itself of any abatement, Master Lease suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Master Lease in accordance with its terms and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Master Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Master Lease.

Appears in 1 contract

Samples: Symantec Corp

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental Authority, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority or by any court with respect to any Person, or any Governmental Authority. Lessee hereby waives all right (a) to terminate or surrender this Lease (except in each case as permitted expressly contemplated under the terms of the Operative Agreements) or (b) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Lease Agreement (Cypress Semiconductor Corp /De/)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental Authority, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority or by any court with respect to any Person, or any Governmental Authority. Lessee hereby waives all right (a) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreements) or (b) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any RentRent or other amounts payable by Lessee hereunder. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding Notwith-standing any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Lease Agreement (Pep Boys Manny Moe & Jack)

No Termination or Abatement. Lessee Lessees shall remain jointly and severally obligated under this Lease in accordance with its terms and, consistent with the intention of the parties expressed in Sections 2.5 and 15.1, shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person Lessor or any Governmental AuthorityCertificate Purchaser, or any action with respect to this Lease or any Operative Agreement which may be taken by any trusteecustodian, receiver receiver, liquidator, assignee, trustee or liquidator sequestrator (or other similar official) of any Person or any Governmental Authority or by any court with respect to any such Person, or any Governmental Authority. Each Lessee hereby waives all right (ai) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreementsprovided herein) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Each Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee Lessees shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Assumption Agreement (Arch Coal Inc)

No Termination or Abatement. Each Lessee shall remain obligated under this Master Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this LeaseMaster Lease (except as provided herein), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental AuthorityParticipant, or any action with respect to this Master Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority Participant or by any court with respect to any Person, or any Governmental AuthorityParticipant. Each Lessee hereby waives all right (ai) to terminate or surrender this Master Lease (except as permitted under the terms of the Operative Agreementsprovided herein) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Each Lessee shall remain obligated under this Master Lease in accordance with its terms and each Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Master Lease. Notwithstanding any such statute or otherwise, each Lessee shall be bound by all of the terms and conditions contained in this Lease.be

Appears in 1 contract

Samples: Participation Agreement (Cardinal Health Inc)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person Lessor, the Agent or any Governmental AuthorityParticipant, or any action with respect to this Lease or any Operative Agreement Document which may be taken by any trustee, receiver or liquidator of any Person Lessor, the Agent or any Governmental Authority Participant or by any court with respect to any PersonLessor, the Agent or any Governmental AuthorityParticipant. Lessee hereby waives all right (ai) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreementsprovided herein) or (bii) except as otherwise provided in this Lease or the Participation Agreement with regard to withholding taxes, to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense (other than the defense of payment) with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Participation Agreement (Quantum Corp /De/)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person Lessor, Agent or any Governmental AuthorityParticipant, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person Lessor, Agent or any Governmental Authority Participant or by any court with respect to any PersonLessor, Agent or any Governmental AuthorityParticipant. Lessee hereby waives all right (ai) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreementsprovided herein) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives to the fullest extent possible any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Master Lease (Applied Materials Inc /De)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person or any Governmental Authority, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority or by any court with respect to any Person, or any Governmental Authority. Lessee hereby waives all right (a) to terminate or surrender this Lease (except as permitted under the terms of the Operative AgreementsAgreements including without limitation Section 16.1 hereof) or (b) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any RentRent or other amounts payable by Lessee hereunder. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Lease Agreement (Pep Boys Manny Moe & Jack)

No Termination or Abatement. The Lessee shall remain obligated under this Master Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this LeaseMaster Lease (except as provided herein), notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, dissolution or other proceeding affecting any Person or any Governmental AuthorityParticipant, or any action with respect to this Master Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person or any Governmental Authority Participant or by any court with respect to any Person, or any Governmental AuthorityParticipant. The Lessee hereby waives waives, to the extent permitted by law, all right (ai) to terminate or surrender this Master Lease (except as permitted under the terms of the Operative Agreementsprovided herein) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Master Lease in accordance with its terms and the Lessee hereby waives waives, to the extent permitted by law, any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Master Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this LeaseMaster Lease and the Lease Supplements.

Appears in 1 contract

Samples: Master Lease And (Lam Research Corp)

No Termination or Abatement. Lessee shall remain obligated under this Lease in accordance with its terms and, consistent with the intention of the parties expressed in SECTIONS 2.6 and 15.1, shall not take any action to terminateterminate (EXCEPT as expressly permitted by this Lease), rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person Trustee, Administrative Agent or any Governmental AuthorityCertificate Purchaser, or any action with respect to this Lease or any Operative Agreement which may be taken by any trusteecustodian, receiver receiver, liquidator, assignee, trustee or liquidator sequestrator (or other similar official) of any Person or any Governmental Authority or by any court with respect to any such Person, or any Governmental Authority. Lessee hereby waives all right (ai) to terminate or surrender this Lease (except EXCEPT as expressly permitted under the terms of the Operative Agreementsby this Lease) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, non-compulsory counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms terms, and Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding Lease and, notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Circus Circus Enterprises Inc

No Termination or Abatement. The Lessee shall remain obligated under this Lease in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting any Person the Lessor or any Governmental AuthorityParticipant, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of any Person the Lessor or any Governmental Authority Participant or by any court with respect to any Person, the Lessor or any Governmental AuthorityParticipant. The Lessee hereby waives all right (ai) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreementsexpressly provided herein) or (bii) to avail itself of any abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. The Lessee shall remain obligated under this Lease in accordance with its terms and the Lessee hereby waives any and all rights now or hereafter conferred by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, the Lessee shall be bound by all of the terms and conditions contained in this Lease.

Appears in 1 contract

Samples: Lease and Open End Mortgage (Fore Systems Inc /De/)

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