Obligations Under the Lease. The Issuer: (i) will perform all of its obligations under the Lease; (ii) will not execute or agree to any change, amendment or modification of or supplement to the Lease except by a supplement or an amendment duly executed by the Issuer and the Company with the written approval of the Purchaser; and (iii) will not agree to any abatement, reduction or diminution of the Basic Rent without the written approval of the Purchaser. Notwithstanding the above paragraph, it is the intention of the Lease, that the Company shall make payments to the Purchaser for the account of the Issuer, in such amounts and at such times as are necessary to make all payments of principal of, interest on and redemption price of the Bond in accordance with the terms of the Bond Documents as and when due. The Purchaser will look only to the Company for payment of the Bond and upon the security granted in this Indenture for the Company’s obligations under the Lease. As described in Section 3.01 of this Indenture and in Section 6.1 of the Lease, the Issuer will assign and pledge to the Purchaser all right, title and interest of the Issuer in and to the Lease, including the right to receive payments thereunder.
Obligations Under the Lease. Throughout the term of the Sublease, Sublessor shall maintain the Lease in good standing and promptly perform all obligations of Sublessor thereunder NOT DELEGATED TO SUBLESSEE PURSUANT TO THIS SUBLEASE. (d)
Obligations Under the Lease. BroadSoft hereby acknowledges that it has read the Lease, a true, correct and complete copy of which (redacted to set forth certain business or confidential terms) is attached hereto as Exhibit F and, except as otherwise set forth herein, is incorporated herein by reference as fully as if the terms and provisions thereof were set forth herein. Except as inapplicable hereto or inconsistent herewith, BroadSoft agrees to assume the same responsibilities and duties and to enjoy the same rights and privileges that MIASI has as “Tenant” from and to the Landlord with respect to the Sublet Premises, excepting matters relating to the identification of the Sublet Premises, and the amount and due dates of the rentals payable therefor, and other excluded terms set forth hereinbelow; provided, however, except as otherwise expressly provided in this Sublease, in no event shall MIASI be deemed to have assumed the responsibilities of the Landlord under the Lease, including, without limitation, any repair or maintenance obligations under Article 13 of the Lease, any obligation to provide services under Article 15 of the Lease or any obligation to restore the Building and/or Sublet Premises following any damage, destruction or condemnation under Articles 17 and 18 of the Lease or any obligation to make any Capital Expenditures (as defined in the Lease), nor shall MIASI be responsible for the compliance of the Landlord with the provisions of the Lease. The foregoing notwithstanding, MIASI covenants and agrees to use good faith, due diligence and at all times exert commercially reasonable efforts to compel and/or require Landlord to provide or perform the obligations and duties of Landlord in the Lease, provided that: (A) to the extent such enforcement of rights pertains to the entire Building, including the Sublet Premises, BroadSoft shall reimburse MIASI within forty-five (45) days following written demand for BroadSoft’s Proportionate Share of all reasonable out-of pocket costs and expenses (including, without limitation, reasonable attorneys’ fees) incurred by MIASI in attempting to enforce the Lease; and (B) to the extent the enforcement of rights pertains solely to the Sublet Premises, BroadSoft shall reimburse MIASI within forty-five (45) days following written demand for the full amount of all such reasonable out-of-pocket costs and expenses (including, without limitation, reasonable attorneys’ fees) incurred by MIASI in attempting to enforce the Lease. Notwithstandin...
Obligations Under the Lease