LESSEE'S RIGHT OF QUIET ENJOYMENT. Notwithstanding any of the provisions of this Indenture to the contrary, so long as Lessee is in compliance with its obligations under the Lease (including applicable grace periods) and no Lease Event of Default has occurred and is continuing unremedied, the Indenture Trustee will comply with Section 8 of the Participation Agreement to the same extent as if it were the Lessor under the Lease. Each holder of an Equipment Note, by its acceptance thereof, consents in all respects to the terms of the Lease and the Participation Agreement and agrees to the provisions of this Section 6.10.
Appears in 3 contracts
Samples: Trust Indenture and Security Agreement (Union Tank Car Co), Trust Indenture and Security Agreement (Union Tank Car Co), Trust Indenture and Security Agreement (Union Tank Car Co)
LESSEE'S RIGHT OF QUIET ENJOYMENT. Notwithstanding any of the provisions of this Indenture anything --------------------------------- to the contrarycontrary contained in this Indenture, so long as the Lessee is in compliance with its obligations under the Lease (including applicable grace periods) and no Lease Event of Default has occurred and is continuing unremedied, the Indenture Trustee will comply with Section 8 of the Participation Agreement to the same extent as if it were the Lessor under the Lease. Each holder of an Equipment Note, by its acceptance thereof, consents in all respects to the terms of the Lease and the Participation Agreement and agrees to the provisions of this Section 6.105.10.
Appears in 2 contracts
Samples: Trust Indenture and Security Agreement (General American Railcar Corp Ii), Trust Indenture and Security Agreement (General American Railcar Corp Ii)
LESSEE'S RIGHT OF QUIET ENJOYMENT. Notwithstanding any of the provisions of this Indenture to the contrary, so long as Lessee is in compliance with its obligations under the Lease (including applicable grace periods) and no Lease Event of Default has occurred and is continuing unremedied, the Indenture Trustee will comply with Section 8 of the Participation Agreement to the same extent as if it were the Lessor under the Lease. Each holder of an Equipment Note, by its acceptance thereof, consents in all respects to the terms of the Lease and the Participation Agreement and agrees to the provisions of this Section 6.105.10.
Appears in 1 contract
Samples: Trust Indenture and Security Agreement (Gatx Rail Corp)
LESSEE'S RIGHT OF QUIET ENJOYMENT. Notwithstanding any --------------------------------- of the provisions of this Indenture to the contrary, so long as Lessee is in compliance with its obligations under the Lease (including applicable grace periods) and no Lease Event of Default has occurred and is continuing unremedied, the Indenture Trustee will comply with Section 8 of the Participation Agreement to the same extent as if it were the Lessor under the Lease. Each holder of an Equipment Note, by its acceptance thereof, consents in all respects to the terms of the Lease and the Participation Agreement and agrees to the provisions of this Section 6.105.10.
Appears in 1 contract
Samples: Trust Indenture and Security Agreement (Gatx Rail Corp)
