Common use of Support Obligations Clause in Contracts

Support Obligations. In the event that (A) the Lessee does not elect ------------------- to purchase the Property on the Expiration Date, (B) this Lease is terminated without a purchase of the Property by the Lessee as expressly permitted herein, or (C) pursuant to the Lessor's exercise of remedies under Article XVII, this ------------ Lease is terminated, the Lessee shall, upon the request of the Lessor, exercise all commercially reasonable efforts to provide the Lessor or other purchaser of the Property, effective on the Expiration Date or earlier termination of this Lease, with (i) all permits, certificates of occupancy, governmental licenses and authorizations necessary to use and operate the Property for its intended purposes (to the extent such items are transferable), (ii) such easements, licenses, rights-of-way and other rights and privileges in the nature of an easement as are reasonably necessary or desirable in connection with the use, repair, access to or maintenance of the Property, and (iii) any service agreements, contracts or subcontracts in existence at such time relating to the use and operation of the Property, in each case to the extent assignable. All assignments, licenses, easements, agreements and other deliveries required by clauses (i), (ii) and (iii) of this Section 22.3 shall be in form satisfactory ------------ to the Lessor and shall be fully assignable (including both primary assignments and assignments given in the nature of security) without payment of any fee, cost or other charge.

Appears in 2 contracts

Samples: Master Lease (Bea Systems Inc), Master Lease (Bea Systems Inc)

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Support Obligations. In the event that (Aa) the Lessee does not elect ------------------- to purchase the Property on the Expiration Date, (Bb) this Lease is terminated without a purchase of the Property by the Lessee as expressly permitted herein, or (Cc) pursuant to the Lessor's exercise of remedies under Article ARTICLE XVII, this ------------ Lease is terminated, the Lessee shall, upon the request of the Lessor, exercise all commercially reasonable efforts to provide the Lessor or other purchaser of the Property, effective on the Expiration Date or earlier termination of this Lease, with (i) all permits, certificates of occupancy, governmental licenses and authorizations necessary held by the Lessee or any of its Affiliates with respect to use and operate the Property for its intended purposes (to the extent such items are transferable), (ii) such easements, licenses, rights-of-way and other rights and privileges in the nature of an easement as are reasonably necessary held by the Lessee or desirable in connection any of its Affiliates with respect to the use, repair, access to or maintenance of the Property, Property and (iii) any service agreements, contracts or subcontracts in existence to which the Lessee or any of its Affiliates is a party or a beneficiary at such time relating to the use and operation of the Property, in each case to the extent assignable. All assignments, licenses, easements, agreements and other deliveries required by clauses (i), (ii) and (iii) of this Section SECTION 22.3 shall be in form reasonably satisfactory ------------ to the Lessor and shall shall, to the extent permissible pursuant to the underlying assigned interest or Applicable Law, be fully assignable (including both primary assignments and assignments given in the nature of security) without payment of any fee, cost or other charge.

Appears in 1 contract

Samples: Master Lease (Triquint Semiconductor Inc)

Support Obligations. In the event that (A) the Lessee does not elect to ------------------- to purchase the Property on the Expiration DateDate or, (B) this Lease is terminated without a purchase of the Property by the Lessee as expressly permitted herein, or (C) pursuant to the Lessor's exercise of remedies under Article XVII, this ------------ Lease is terminated, the Lessee shall, upon the request of ------------ shall provide the Lessor, exercise all commercially reasonable efforts to provide the Lessor or other purchaser of the Property, effective on the Expiration Date or earlier termination of this LeaseDate, with (i) all permits, certificates of occupancy, governmental licenses and authorizations necessary to use and operate the Property for its intended purposes (to the extent such items are transferabletransferable or may be obtained by the Lessee on behalf of another party), (ii) such easements, licenses, rights-of-way and other rights and privileges in the nature of an easement as are reasonably necessary or desirable in connection with the use, repair, access to or maintenance of the PropertyProperty as the Lessor shall request, and (iii) any service agreements, contracts or subcontracts a services agreement covering such services as the Lessor may request in existence order to use and operate the Property for its intended purposes at such time relating rates (not in excess of arm's length fair market rates) as shall be acceptable to the use Lessor and operation of the Property, in each case to the extent assignableLessee. All assignments, licenses, easements, agreements and other deliveries required by clauses (i), (ii) and (iiiii) of this Section 22.3 shall be in form satisfactory ------------ to the ------------ Lessor and shall be fully assignable (including both primary assignments and assignments given in the nature of security) without payment of any fee, cost or other charge.

Appears in 1 contract

Samples: Participation Agreement (Vitesse Semiconductor Corp)

Support Obligations. In the event that (A) the Lessee does not elect to ------------------- to purchase the Property on the Expiration Date, (B) this Lease is terminated without a purchase of the Property by the Lessee as expressly permitted herein, or (C) pursuant to the Lessor's exercise of remedies under Article XVII, this ------------ Lease is terminated, the Lessee shall, upon the request of the Lessor, exercise all commercially reasonable efforts to provide the Lessor or other purchaser of the Property, effective on the Expiration Date or earlier termination of this Lease, with (i) all permits, certificates of occupancy, governmental licenses and authorizations necessary to use and operate the Property for its intended purposes (to the extent such items are transferable), (ii) such easements, licenses, rights-of-way and other rights and privileges in the nature of an easement as are reasonably necessary or desirable in connection with the use, repair, access to or maintenance of the Property, and (iii) any service agreements, contracts or subcontracts in existence at such time relating to the use and operation of the Property, in each case to the extent assignable. All assignments, licenses, easements, agreements and other deliveries required by clauses (i), (ii) and (iii) of this Section 22.3 shall be in form satisfactory ------------ to the Lessor and shall be fully ------------ assignable (including both primary assignments and assignments given in the nature of security) without payment of any fee, cost or other charge.

Appears in 1 contract

Samples: Trust and Security Agreement (Asyst Technologies Inc /Ca/)

Support Obligations. In the event that (A) the Lessee does not elect ------------------- to purchase the Property on the Expiration Date, (B) this Lease is terminated without a purchase of the Property by the Lessee as expressly permitted herein, or (C) pursuant to the Lessor's exercise of remedies under Article XVII, this ------------ Lease is terminated, the Lessee shall, upon the request of the Lessor, exercise all commercially reasonable efforts to shall provide the Lessor or other purchaser of the Property, effective on the Expiration Date or earlier termination of this Lease, with (i) all permits, certificates of occupancy, governmental licenses and authorizations necessary to use and operate the Property for its intended purposes (to the extent such items are transferabletransferable or may be obtained by the Lessee on behalf of another party), (ii) such easements, licenses, rights-of-way and other rights and privileges in the nature of an easement as are reasonably necessary or desirable in connection with the use, repair, access to or maintenance of the PropertyProperty as the Lessor shall request, and (iii) any service agreements, contracts or subcontracts a services agreement covering such services as the Lessor may request in existence order to use and operate the Property for its intended purposes at such time relating rates (not in excess of arm's length fair market rates) as shall be acceptable to the use Lessor and operation of the Property, in each case to the extent assignableLessee. All assignments, licenses, easements, agreements and other deliveries required by clauses (i), (ii) and (iiiii) of this Section 22.3 shall be in form satisfactory ------------ to the Lessor and shall be fully assignable (including both primary assignments and assignments given in the nature of security) without payment of any fee, cost or other charge.

Appears in 1 contract

Samples: Transport Corporation of America Inc

Support Obligations. In the event that (A) the Lessee does not elect to ------------------- to purchase the Property on the Expiration DateDate or, (B) this Lease is terminated without a purchase of the Property by the Lessee as expressly permitted herein, or (C) pursuant to the Lessor's exercise of remedies under Article XVII, this ------------ Lease is terminated, the Lessee shall, upon the request of ------------ shall provide the Lessor, exercise all commercially reasonable efforts to provide the Lessor or other purchaser of the Property, effective on the Expiration Date or earlier termination of this LeaseDate, with (i) all permits, certificates of occupancy, governmental licenses and authorizations necessary to use and operate the Property for its intended purposes (to the extent such items are transferabletransferable or may be obtained by the Lessee on behalf of another party), (ii) such easements, licenses, rights-of-way and other rights and privileges in the nature of an easement as are reasonably necessary or desirable in connection with the use, repair, access to or maintenance of the PropertyProperty as the Lessor shall request, and (iii) any service agreements, contracts or subcontracts a services agreement covering such services as the Lessor may request in existence order to use and operate the Property for its intended purposes at such time relating rates (not in excess of arm's length fair market rates) as shall be acceptable to the use Lessor and operation of the Property, in each case to the extent assignableLessee. All assignments, licenses, easements, agreements and other deliveries required by clauses (i), (ii) and (iiiii) of this Section 22.3 shall be in form satisfactory ------------ to the ----------------------------------------- Lessor and shall be fully assignable (including both primary assignments and assignments given in the nature of security) without payment of any fee, cost or other charge.

Appears in 1 contract

Samples: Participation Agreement (Quantum Corp /De/)

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Support Obligations. In the event that (A) the Lessee does not elect ------------------- to purchase the Property on the Expiration Date, (B) this Lease is terminated without a purchase of the Property by the Lessee as expressly permitted herein, or (C) pursuant to the Lessor's exercise of remedies under Article XVII, this ------------ Lease is terminated, the Lessee shall, upon the request of the Lessor, exercise all commercially reasonable efforts to provide the Lessor or other purchaser of the Property, effective on the Expiration Date or earlier termination of this Lease, with (i) all permits, certificates of occupancy, governmental licenses and authorizations necessary to use and operate the Property for its intended purposes (to the extent such items are transferable), (ii) such easements, licenses, rights-of-way and other rights and privileges in the nature of an easement (as are reasonably necessary or desirable in connection with the use, repair, access to or maintenance of the Property), and (iii) any service agreements, contracts or subcontracts in existence at such time relating to the use and operation of the Property, in each case to the extent assignable. All assignments, licenses, easements, agreements and other deliveries required by clauses (i), (ii) and (iii) of this Section 22.3 shall be in form satisfactory ------------ to the Lessor and shall shall, to the extent permissible pursuant to the underlying assigned interest or Applicable Law, be fully assignable (including both primary assignments and assignments given in the nature of security) without payment of any fee, cost or other charge.

Appears in 1 contract

Samples: Master Lease (Yahoo Inc)

Support Obligations. In the event that (A) the Lessee does not elect ------------------- to purchase the Property on the Expiration Date, (B) this Lease is terminated without a purchase of the Property by the Lessee as expressly permitted herein(or its designee), or (C) pursuant to the Lessee shall provide Lessor's exercise of remedies under Article XVII, this ------------ Lease is terminated, the Lessee shall, upon the request of the Lessor, exercise all commercially reasonable efforts to provide the Lessor or other purchaser of the Property, effective on the Expiration Date or earlier termination of this LeaseDate, with (i) all permits, certificates of occupancy, governmental licenses and authorizations necessary to use and operate the Property for its intended purposes (to the extent such items are transferabletransferable or may be obtained by Lessee on behalf of another party), (ii) such easements, licenses, rights-of-way and other rights and privileges in the nature of an easement as are reasonably necessary or desirable in connection with the use, repair, access to or maintenance of the PropertyProperty as Lessor shall request, and (iii) any service agreements, contracts or subcontracts a services agreement covering such services as Lessor may request in existence order to use and operate the Property for its intended purposes at such time relating rates (not in excess of arm's length fair market rates) as shall be acceptable to the use Lessor and operation of the Property, in each case to the extent assignableLessee. All assignments, licenses, easements, agreements and other deliveries required by clauses (i), (ii) and (iiiii) of this Section 22.3 shall be in form satisfactory ------------ to the Lessor and shall be fully assignable (including both primary assignments and assignments given in the nature of security) without payment of any fee, cost or other charge.

Appears in 1 contract

Samples: Participation Agreement (Quantum Corp /De/)

Support Obligations. In the event that (A) the Lessee does not elect ------------------- to purchase the Property on the Expiration Date, (B) this Lease is terminated without a purchase of the Property by the Lessee as expressly permitted herein, herein or (C) pursuant to the Lessor's exercise of remedies under Article XVII, this ------------ Lease is terminated, the Lessee shall, upon the request of the Lessor, exercise all commercially reasonable efforts to shall provide the Lessor or other purchaser of the Property, effective on the Expiration Date or earlier termination date of this Lease, with (i) all permits, certificates of occupancy, governmental licenses and authorizations necessary to use and operate the Property for its intended purposes (to the extent such items are transferabletransferable or may be obtained by the Lessee on behalf of another party), (ii) such easements, licenses, rights-of-way and other rights and privileges in the nature of an easement as are reasonably necessary or desirable in connection with the use, repair, access to or maintenance of the PropertyProperty as the Lessor shall request, and (iii) any service agreements, contracts or subcontracts a services agreement covering such services as the Lessor may request in existence order to use and operate the Property for its intended purposes at such time relating rates (not in excess of arm's length fair market rates) as shall be acceptable to the use Lessor and operation of the Property, in each case to the extent assignableLessee. All assignments, licenses, easements, agreements and other deliveries required by clauses (i), (ii) and (iiiii) of this Section 22.3 shall be in form satisfactory ------------ to the Lessor and shall be fully assignable (including both primary assignments and assignments given in the nature of security) without payment of any fee, cost or other charge.

Appears in 1 contract

Samples: Master Lease (Peoplesoft Inc)

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