TERM; POSSESSION. The term of this Site Lease shall commence on the Closing Date (as defined in the Trust Agreement), and the Corporation shall be entitled to possession of the Leased Property hereunder on said date. This Site Lease shall end, and the right of the Corporation hereunder to possession of the Leased Property shall thereupon cease, on June 1, 2024, or such earlier or later date on which the Lease Payments (as such term is defined in the Lease Agreement) are paid in full or provisions made for such payment, but in no event later than June 1, 2034.
Appears in 1 contract
Sources: Site Lease
TERM; POSSESSION. The term of this Site Lease shall commence on the Closing Date (as defined in the Trust Agreement)commences, and the Corporation shall be becomes entitled to possession of the Leased Property hereunder on said dateProperty, as of the Closing Date. This Site Lease shall endends, and the right of the Corporation hereunder to possession of the Leased Property shall thereupon ceaseceases, on June 1, 2024, or such earlier or later the date on which all of the Lease Payments (as such term is defined in the Lease Agreement) outstanding Certificates are paid in full and all amounts due to the Certificate Insurer have been provided for, or provisions provision has been made for such paymentpayment in accordance with the Trust Agreement, and the Trust Agreement has been discharged under and in accordance with Section 13.01 thereof, but in no event under any circumstances not later than June November 1, 20342045.
Appears in 1 contract
Sources: Site Lease
TERM; POSSESSION. The term of this Site Lease shall commence on the Closing Date (as defined in the Trust Agreement)commences, and the Corporation shall be becomes entitled to possession of the Leased Property hereunder on said dateProperty, as of the Closing Date. This Site Lease shall endends, and the right of the Corporation hereunder to possession of the Leased Property shall thereupon ceaseceases, on June 1, 2024, or such earlier or later the date on which all of the Lease Payments (as such term is defined in the Lease Agreement) outstanding Certificates are paid in full full, or provisions provision is made for such paymentpayment in accordance with the Trust Agreement, and the Trust Agreement has been discharged under Section 13.01 thereof, but in no event under any circumstances not later than June September 1, 20342036.
Appears in 1 contract
Sources: Site Lease
TERM; POSSESSION. The term of this Site Lease shall commence on the Closing Date (as defined in the Trust Agreement), and the Corporation shall be entitled to possession of the Leased Property hereunder on said dateDate. This Site Lease shall end, and the right of the Corporation Authority hereunder to possession of the Leased Property shall thereupon cease, on June May 1, 20242032 (unless the term of the Lease Agreement has been extended under the provisions thereof), or such earlier or later date on which the Lease Payments (as such term is defined in the Lease Agreement) are paid in full or provisions made for such payment, but in no any event not later than June May 1, 20342042.
Appears in 1 contract
Sources: Site Lease