Partial Termination upon Certain Events. If any of the following occurs with respect to any Property:
Partial Termination upon Certain Events. If any of the following occurs during the Basic Lease Term with respect to the Land or related Improvements:
Partial Termination upon Certain Events. If any of the following occurs with respect to any Property (any such Property, an "Affected Property"): (a) an Event of Loss occurs; or
Partial Termination upon Certain Events. If any of the following occurs during the Basic Lease Term with respect to the Property:
Partial Termination upon Certain Events. 16 15.2. Partial Termination Procedures............................................................................17
Partial Termination upon Certain Events. If any of the following occurs with respect to either Site:
Partial Termination upon Certain Events. 21 15.2. Termination Procedures . . . . . . . . . . .. . . . . . . . . 22
Partial Termination upon Certain Events. If any Significant Casualty --------------------------------------- or Condemnation, or material and adverse Environmental Violation as specified in Section 14.2, occurs with respect to any of the Equipment, and the Lessor shall ------------ have given written notice (a "Termination Notice") to the Lessee that, as a ------------------ consequence of such event, this Master Lease is to be terminated with respect to such Equipment, then the Lessee shall be obligated to purchase the Lessor's interest in such affected Equipment on or prior to the next occurring Payment Date by paying the Lessor an amount equal to the Equipment Balance for such affected Equipment. The portion of the Equipment Balance allocated to each item of the Equipment shall be as set forth on Exhibit "B", attached hereto. ----------
Partial Termination upon Certain Events. With respect to any Property, if either:
Partial Termination upon Certain Events. If, with respect to any Property (any such Property, an "Affected Property"): (a) an Event of Loss occurs or (b) an Environmental Violation occurs or is discovered and the cost of remediation of which the Lessee determines in its reasonable good faith judgment would reasonably be expected to exceed $5,000,000 and in either case the Lessor (at the direction of the Required Participants) shall have given fifteen (15) Business Days' prior written notice (a "Partial Termination Notice") to the Lessee that, as a consequence of such event, (x) the Lease Supplement relating to such Property is to be terminated, and (y) this Master Lease is to be terminated with respect to such Property, then the Lessee shall on the next occurring Scheduled Payment Date (but in any event not later than the Expiration Date), purchase the interest of the Lessor in the Affected Property by paying to the Administrative Agent (as assignee of the Lessor) an amount equal to the sum of (x) the Property Cost of the Affected Property on such date plus (y) all accrued and unpaid Basic Rent due and owing on such date plus (z) all Supplemental Rent due and owing on such date, and the Lessor shall transfer to the Lessee on such date of payment all of the interest of the Lessor in the Affected Property pursuant to the procedures set forth in Section 15.2 hereof.
