COVENANTS OF FACILITY LESSEE Sample Clauses

COVENANTS OF FACILITY LESSEE. The Facility Lessee, shall, for the benefit of all parties hereto, comply with the covenants set forth in this Section 5. Once the Certificates and the Lessor Notes shall have been paid in full, the covenants set forth in Sections 5.3, 5.4, 5.6, 5.8, 5.9, 5.10, 5.11, 5.12, 5.14, 5.16 and 5.17 shall, subject to the immediately following sentence, immediately and without any further action terminate and be of no further force or effect. Notwithstanding the foregoing or anything herein or in any of the Operative Documents to the contrary, if the Owner Lessor shall have issued Additional Lessor Notes at the request of the Facility Lessee in accordance with Section 12 prior to, simultaneously with, or after payment in full of the Certificates and the Lessor Notes and such Additional Lessor Notes are outstanding on or after the date the Certificates and the Lessor Notes are paid in full, the covenants in this Section 5 shall, to the extent required by the terms of such Additional Lessor Notes, remain in effect, or shall thereafter become effective if not then in effect, until such Additional Lessor Notes are repaid. The date the covenants in this Section 5 shall terminate is referred to herein as the "Debt Covenant Termination Date".
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Related to COVENANTS OF FACILITY LESSEE

  • COVENANTS OF LESSEE Lessee hereby covenants and agrees with Lessor as follows:

  • COVENANTS OF LANDLORD 23.1 Landlord covenants that it has the right to enter into this Lease, and that if Tenant shall perform timely all of its obligations hereunder, then, subject to the provisions of this Lease, Tenant shall during the Lease Term peaceably and quietly occupy and enjoy the full possession of the Premises (i.e., quiet enjoyment) without hindrance by Landlord, its employees or agents.

  • Covenants of the Loan Parties Section 5.01 Affirmative Covenants 76 Section 5.02 Negative Covenants 80 Section 5.03 Reporting Requirements 86 Section 5.04 Financial Covenants 89 ARTICLE VI

  • COVENANTS OF BORROWER Borrower agrees as follows:

  • Covenants of Each Pledgor Each Pledgor covenants and agrees with the U.S. Collateral Agent and the other Secured Parties that, from and after the date of this Agreement until the earlier to occur of (i) the Loans, any Reimbursement Obligations, and all other Obligations then due and owing shall have been paid in full in cash, no Letter of Credit shall be outstanding (except for Letters of Credit that have been cash collateralized in a manner satisfactory to the Issuing Lender) and the Commitments shall have terminated or (ii) as to any Pledgor, all the Capital Stock of such Pledgor shall have been sold or otherwise disposed of (to a Person other than Holdings, the Parent Borrower or a Subsidiary of either) as permitted under the terms of the Credit Agreement:

  • COVENANTS OF TENANT Tenant covenants and agrees:

  • Covenants of the Vendor The Vendor covenants and agrees with the Purchaser as follows:

  • Covenants of Both Parties The parties hereto agree that:

  • COVENANTS OF DEBTOR Debtor hereby covenants and agrees as follows:

  • Covenants of the Borrowers SECTION 5.01.

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