Remarketing Option. (i) For as long as the Initial Holder is Holder of 100 per cent. of the CCNs, the Initial Holder may, at any time, increase the Rate of Interest on the CCNs (such increased rate, the “New Interest Rate”) as determined by an independent investment bank appointed by the Initial Holder (the “Remarketing Agent”) but with effect only from the date that the CCNs are sold by the Initial Holder to any other person other than any State Entity (a “Third Party Sale”).
Remarketing Option. If no Lease Default or Lease Event of Default shall have occurred and be continuing, then Lessee, at its own cost and expense, may elect to remarket all (but not less than all) of the Property subject to the Lease and, in accordance with SECTION 6.3, as nonexclusive agent for Lessor, use best commercial efforts to cause the Property to be sold on the last day of the Lease Term for cash to a purchaser or purchasers not affiliated in any way with Lessee (the "REMARKETING OPTION") if the following conditions are satisfied:
Remarketing Option. 24.1 Option to Remarket................................................ 28 24.2
Remarketing Option. 25 Section 20.1. Option to Remarket....................................................................... 25 Section 20.2. Procedures During Remarketing............................................................ 26 Section 20.3.
Remarketing Option. SECTION 20.1.
Remarketing Option. Subject to the fulfillment of each of the conditions set forth in this Section 12.1 and in Section 12.2 hereof (all of such conditions, collectively, the "Surrender Conditions"), the Lessee may elect to remarket all, but not less than all, of the Property (such election being referred to as the "Remarketing Option"). The effective exercise and consummation of the Remarketing Option by the Lessee shall be subject to the due and timely fulfillment of each of the following provisions as of the dates set forth below (the date of the closing of such sale or other transfer of the Property following remarketing referred to herein as the "Financing Termination Date").
Remarketing Option. Section 14.6 of the Lease is hereby deleted in its entirety. Any reference in the Operative Documents to the Remarketing Option shall be of no force or effect. Xxxx Furniture hereby unconditionally agrees that it shall be obligated to exercise the Purchase Option pursuant to Section 14.1 of the Lease on the Lease Termination Date. The definition of "Recourse Deficiency Amount" set forth in Appendix A is hereby deleted in its entirety.
Remarketing Option. Subject to the fulfillment of each of the conditions set forth in this Section 18.3 and in Section 18.4 hereof (all of such conditions, collectively, the "Return Conditions"), the Lessee may elect to remarket the Property (such election being referred to as the "Remarketing Option"). The effective exercise and consummation of the Remarketing Option by the Lessee shall be subject to the due and timely fulfillment of each of the following provisions as of the dates set forth below.
Remarketing Option. 14.1. Intalco may give notice to Powerex to remarket all or a portion of the Delivered Quantity due to reduction in Intalco's load. Such notice shall specify the duration and the quantity of power to be remarketed. The quantity of power to be remarketed shall be remarketed at 100% load factor for the specified duration.
Remarketing Option. Lessee shall not have given written notice to Lessor of Lessee's exercise of any Site Remarketing Option with respect to a Site pursuant to Section 22.1 of the Lease or, on or after the fifth anniversary of the Document Closing Date, an Equipment Remarketing Option with respect to an Equipment Pool pursuant to Section 22.2 of the Lease.
