System Removal. Promptly after notice of termination, Lessor shall fulfill its obligations in accordance with Section 11.1 of the SLA. Judicial Council Self Help. In the event of default by Lessor, the Judicial Council may offset Rent payments due to Lessor for the purpose of recovering costs or fees for Lessor’s performance obligations, Judicial Council Option to Retain System on Lessor Default. In the event Lessor defaults on this Lease and such default is not cured within the time permitted by this Lease, the Judicial Council has the option to obtain clear title and exclusive possession of the System pursuant to Section 11.4 of the SLA.
Appears in 2 contracts
Sources: Solar Equipment Lease, Solar Equipment Lease
System Removal. Promptly after notice of termination, Lessor shall fulfill its obligations in accordance with Section section 11.1 of the SLA. Judicial Council Self Help. In the event of default by Lessor, the Judicial Council may offset Rent payments due to Lessor for the purpose of recovering costs or fees for Lessor’s performance obligations, Judicial Council Option to Retain System on Lessor Default. In the event Lessor defaults on this Lease and such default is not cured within the time permitted by this Lease, the Judicial Council has the option to obtain clear title and exclusive possession of the System pursuant to Section section 11.4 of the SLA.
Appears in 1 contract
Sources: Solar Equipment Lease