Financing Modifications. If, in connection with obtaining, continuing or renewing financing for which the Building or Buildings, land or a leasehold or any interest therein represents collateral in whole or in part, a banking, insurance or other lender shall request modifications of this Lease Agreement as a condition of such financing, Tenant will not unreasonably withhold, delay or defer its consent thereto, provided that such modifications do not increase the obligations of Tenant hereunder or adversely affect Tenant's leasehold interest hereby created.
Financing Modifications. Upon the request of PPL Montana delivered at least 90 days prior to financing a portion of the Unit Percentage of the cost of any Modification, the Owner Lessor, the Lease Indenture Trustee and the Pass Through Trustee agree to cooperate with PPL Montana to (a) issue Additional Lessor Notes under the Lease Indenture to finance such Modification that will rank pari passu with the Lessor Note and/or any Additional Lessor Notes then outstanding as to the Indenture Estate; (b) execute and deliver one or more supplements to the Lease Indenture for the purpose of subjecting any such Modifications to the Liens thereof; and (c) execute and deliver an amendment to the Facility Lease to reflect the adjustments required by clause (iii) below; provided, however, that (x) the Owner Participant shall have been given the opportunity, but shall have no obligation, to provide all or part of the funds required to finance the Unit Percentage of the cost of any such Modification by making an Additional Equity Investment in such amount, if any, as it may determine in its sole and absolute discretion, but PPL Montana shall have no obligation to accept such Additional Equity Investment; and (y) the conditions set forth below and in Section 2.12 of the Lease Indenture shall have been satisfied. The obligation to finance such Modifications through the issuance of Additional Lessor Notes under Section 2.12 of the Lease Indenture (any financing of Modifications through the issuance of such Additional Lessor Notes under the Lease Indenture being called a "Supplemental Financing") is subject to the following additional conditions:
Financing Modifications. (a) Upon the written request of the Company delivered at least ninety (90) days prior to any proposed financing of the cost of any Non-Severable Modification or Required Modification and, with the consent of the Owner Participant, any Severable Modifications, the Owner Lessor, the Lease Indenture Trustee and the Pass Through Trustees agree, subject to Section 11.1(b), to cooperate with the Company to issue Additional Lessor Notes under the Lease Indenture that will rank pari passu with the Lessor Notes and/or any Additional Lessor Notes then outstanding as to the Indenture Estate to finance such Modifications; provided, however, that the Owner Participant shall have been given the opportunity, but shall have no obligation, to provide all or part of the funds required to finance the cost of any such Modification by making an Additional Equity Investment in such amount, if any, as it may determine in its sole and absolute discretion, but the Company shall have no obligation to accept such Additional Equity Investment. In connection with any such financing, the Owner Lessor and the Lease Indenture Trustee will execute and deliver one or more supplements to the Lease Indenture for the purpose of subjecting any such Modifications to the Liens thereof; and the Company and the Owner Lessor will execute and deliver an amendment to the Facility Lease to reflect the adjustments required by clause (b)(iii) below.
Financing Modifications. 49 Section 11.2. Optional Refinancing of Lease Debt......................................... 51 Section 11.3. Cooperation................................................................ 52 Section 11.4. Right of Owner Participant to Assume Notes................................. 52 SECTION 12
Financing Modifications. Upon the request of the Lessee delivered at least 30 days prior to any proposed financing of a portion of the cost of any Required Modification or non-Severable Modification and subject to the consent of the Owner Participant, the Lessor and the Indenture Trustee shall cooperate with the Lessee, to the extent permitted under Rev. Proc. 2001-28, to (a) issue Additional Notes under the Indenture to finance such Modification which will rank pari passu with the Initial Notes and/or any Additional Notes then outstanding; (b) execute and deliver one or more supplements to the Indenture for the purpose of subjecting the Lessor’s interest in any such Modifications to the Liens thereof, and (c) execute and deliver an amendment to the Facility Lease to reflect the adjustments required by clause (c) below. If the Owner Participant consents to finance such Modifications through the issuance of Additional Notes under Section 2.12(a) of the Indenture (any financing of Modifications through the issuance of such Additional Notes under the Indenture being called a “Supplemental Financing”), such Supplemental Financing shall be subject to the following additional conditions:
Financing Modifications. 74 Section 11.2. Well Improvements.................................... 76 Section 11.3. Optional Refinancing of Lease Debt................... 78 Section 11.4. Cooperation.......................................... 80 Section 11.5. Assumption of Senior Notes........................... 80
Financing Modifications. (a) Subject to the satisfaction of the provisions of Section 8 of the Project Lease, upon the written request of the Lessee delivered at least ninety (90) days prior to any proposed financing of the cost of any Modification, the Owner Lessor and the Indenture Trustee agree, subject to Section 11.1(b), to cooperate with the Lessee to issue Additional Senior Notes under the Indenture that will rank pari passu with the Senior Notes and/or any Additional Senior Notes then outstanding as to the Indenture Estate to finance such Modifications; provided, however, that the Equity Investor shall have been given the opportunity, but shall have no obligation, to provide all or part of the funds required to finance the cost of any such Modification by making an Additional Equity Investment in such amount, if any, as it may determine in its sole and absolute discretion, but the Lessee shall have no obligation to accept such Additional Equity Investment. In connection with any such financing, the Owner Lessor and the Indenture Trustee will execute and deliver one or more supplements to the Indenture for the purpose of subjecting any such Modifications to the Lien of the Indenture; and the Lessee and the Owner Lessor will execute and deliver an amendment to the Project Lease to reflect the adjustments required by clause (b)(iii) below.
Financing Modifications. 73 Section 12.2 Optional Refinancing of Pass Through Certificates.............................. 75
Financing Modifications. Should any financing require a modification or modifications to this Lease, which modification or modifications will not bring about any increased cost or expense to Tenant or in any other way substantially change the rights and obligations of Tenant hereunder, then, and in such event, Tenant agrees that this Lease may be so modified.
Financing Modifications. 70 Conemaugh Participation Agreement ii 4
