Common use of Compliance with the Trust Agreement Clause in Contracts

Compliance with the Trust Agreement. Each of the Owner Lessor, the Trust Company and the Owner Trustee hereby severally covenants and agrees severally and as to itself only that it will: (a) comply with all of the terms of the Trust Agreement applicable to it; and (b) not amend, supplement, or otherwise modify Section 9.01, Section 10.01 or Section 10.02 of the Trust Agreement without the prior written consent of Midwest so long as no Material Lease Default or Lease Event of Default has occurred and is continuing or the Lease Indenture Trustee so long as the Lessor Notes are outstanding.

Appears in 4 contracts

Samples: Participation Agreement (Midwest Generation LLC), Participation Agreement (Midwest Generation LLC), Participation Agreement (Midwest Generation LLC)

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Compliance with the Trust Agreement. Each of the Owner Lessor, the Trust Company and the Owner Trustee hereby severally covenants and agrees severally and as to itself only that it will: (a) comply with all of the terms of the Trust Agreement applicable to it; and (b) not amend, supplement, or otherwise modify Section SECTION 9.01, Section SECTION 10.01 or Section SECTION 10.02 of the Trust Agreement without the prior written consent of Midwest so long as no Material Lease Default or Lease Event of Default has occurred and is continuing or the Lease Indenture Trustee so long as the Lessor Notes are outstanding.

Appears in 2 contracts

Samples: Participation Agreement (Edison Mission Energy), Participation Agreement (Edison Mission Energy)

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Compliance with the Trust Agreement. Each of the Owner Lessor, the Trust Company and the Owner Trustee hereby severally covenants and agrees severally and as to itself only that it will: (a) comply with all of the terms of the Trust Agreement applicable to it; and (b) not amend, supplement, or otherwise modify Section SECTION 9.01, Section SECTION 10.01 or Section SECTION 10.02 of the Trust Agreement without the prior written consent of Midwest so long as no Material Lease Default or Lease Event of Default has occurred and is continuing or the Lease Indenture Trustee Holder Representative so long as the Lessor Notes are outstanding.

Appears in 1 contract

Samples: Participation Agreement (Edison Mission Energy)

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