Common use of Head Lease Term Clause in Contracts

Head Lease Term. The term of this Head Lease shall commence on the Closing Date and shall terminate at 11:59 p.m. (New York City time) on October 2, 2074 (the “Head Lease Term”), subject to earlier termination pursuant to the express terms hereof. Notwithstanding anything to the contrary set forth in this Section 3.1, in no event shall the Head Lease Term terminate so long as the Head Lessee’s interest under this Head Lease shall be subject to the Lien of the Lease Indenture.

Appears in 1 contract

Samples: Head Lease Agreement (Tennessee Valley Authority)

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Head Lease Term. The term of this Head Lease shall commence on the Closing Date and shall terminate at 11:59 p.m. (New York City time) on October 2January 17, 2074 2062 (the “Head Lease Term”), subject to earlier termination pursuant to the express terms hereof. Notwithstanding anything to the contrary set forth in this Section 3.1, in no event shall the Head Lease Term terminate so long as the Head Lessee’s 's interest under this Head Lease shall be subject to the Lien of the Lease Indenture.

Appears in 1 contract

Samples: Head Lease Agreement (Tennessee Valley Authority)

Head Lease Term. The term of this Head Lease shall commence on the Closing Date and shall terminate at 11:59 p.m. (New York City time) on October 2January 17, 2074 2062 (the “Head Lease Term”), subject to earlier termination pursuant to the express terms hereof. Notwithstanding anything to the contrary set forth in this Section 3.1, in no event shall the Head Lease Term terminate so long as the Head Lessee’s 's interest under this Head Lease shall be subject to the Lien of the Lease Indenture. Section 3.2.

Appears in 1 contract

Samples: Lease Agreement

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Head Lease Term. The term of this Head Lease shall commence on the Closing Date and shall terminate at 11:59 p.m. (New York City time) on October 2November 9, 2074 (the “Head Lease Term”)2044, subject to earlier termination pursuant to the express terms hereofhereof (the “Head Lease Term”). Notwithstanding anything to the contrary set forth in this Section 3.1, in no event shall the Head Lease Term terminate so long as the Head Lessee’s interest under this Head Lease shall be subject to the Lien of the Lease Indenture.

Appears in 1 contract

Samples: Head Lease Agreement (Tennessee Valley Authority)

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