Common use of Amendment of Indenture and this Lease Agreement Clause in Contracts

Amendment of Indenture and this Lease Agreement. (a) The Issuer will not cause or permit the amendment of the Indenture or the execution of any amendment or supplement to the Indenture without the prior written consent of the User and the Credit Obligor. The Issuer and the User shall have no power to modify, alter, amend or terminate this Lease Agreement without the prior written consent of the Credit Obligor. Prior to the payment in full of the Indenture Indebtedness, the Issuer and the User shall have no power to modify, alter, amend or terminate this Lease Agreement without the prior written consent of the Trustee and then only as provided in the Indenture. (b) This Lease Agreement may not be amended unless there has first been delivered to the Trustee and the User an opinion of Bond Counsel that such action will not, whether solely or in conjunction with any other fact or circumstance, cause the interest on the Bonds to be or to become Taxable.

Appears in 4 contracts

Samples: Lease Agreement (Cavalier Homes Inc), Lease Agreement (Cavalier Homes Inc), Lease Agreement (Cavalier Homes Inc)

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Amendment of Indenture and this Lease Agreement. (a) The Issuer will not cause or permit the amendment of the Indenture or the execution of any amendment or supplement to the Indenture without the prior written consent of the User and the Credit Obligor. The Issuer and the User shall have no power to modify, alter, amend or terminate this Lease Agreement without the prior written consent of the Credit Obligor. Prior to the payment in full of the Indenture Indebtedness, the Issuer and the User shall have no power to modify, alter, amend or terminate this Lease Agreement without the prior written consent of the Trustee and then only as provided in the Indenture. (b) This Lease Agreement may not be amended unless there has first been delivered to the Trustee Trustee, the User and the User Remarketing Agent an opinion of Bond Counsel that such action will not, whether solely or in conjunction with any other fact or circumstance, cause the interest on the Bonds to be or to become Taxable.

Appears in 3 contracts

Samples: Lease Agreement (Accuride Corp), Lease Agreement (Transportation Technologies Industries Inc), Bond Guaranty Agreement (Johnstown America Industries Inc)

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Amendment of Indenture and this Lease Agreement. (a) The Issuer will not cause or permit the amendment of the Indenture or the execution of any amendment or supplement to the Indenture without the prior written consent of the User and the Credit Obligor. The Issuer and the User shall have no power to modify, alter, amend or terminate this Lease Agreement without the prior written consent of the Credit Obligor. Prior to the payment in full of the Indenture Indebtedness, the Issuer and the User shall have no power to modify, alter, amend or terminate this Lease Agreement without the prior written consent of the Trustee and then only as provided in the Indenture. (b) This Lease Agreement may not be amended unless there has first been delivered to the Trustee Trustee, the User and the User Remarketing Agent an opinion Opinion of Bond Counsel that such action will not, whether solely or in conjunction with any other fact or circumstance, cause the interest on the Bonds to be or to become Taxable.

Appears in 1 contract

Samples: Lease Agreement (Cavalier Homes Inc)

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