Limitation on Indebtedness and Actions. Each of the Lessor Manager and the Owner Lessor covenants that it will not incur any Indebtedness nor enter into any business or activity except as required or expressly permitted by any Operative Document.
Limitation on Indebtedness and Actions. Each of the Owner Trustee and the Owner Lessor covenants severally and as to itself only that it will not incur any indebtedness nor enter into any business or activity except as required or expressly permitted or contemplated by any Operative Document.
Limitation on Indebtedness and Actions. The Owner Lessor covenants that it will not incur any indebtedness other than Subordinated Indebtedness nor enter into any business or activity except as required or expressly permitted or contemplated by any Operative Document.
Limitation on Indebtedness and Actions. The Lessor covenants that during the Lease Term it will not incur any indebtedness nor enter into any business or activity except as required or expressly permitted by any Operative Document.
Limitation on Indebtedness and Actions. 50 SECTION 7.7 CHANGE OF LOCATION.......................................51 SECTION 7.8 BANKRUPTCY OF OWNER LESSOR; LESSOR ESTATE................51 SECTION 7.9
Limitation on Indebtedness and Actions. The Owner Trustee covenants that, so long as the Loans are outstanding, it will not incur any indebtedness nor enter into any business or activity except as required or expressly permitted or contemplated by any Operative Document.
Limitation on Indebtedness and Actions. Each of the Lessor Manager and the Owner Lessor covenants that it will not incur any Indebtedness nor enter into any business or activity except as required or expressly permitted by any Operative Document (it being expressly understood and agreed that nothing in this Section 6.6 shall in any way preclude or limit the Owner Lessor from (x) acquiring, selling, conveying or otherwise transferring all or any portion of its right, title or interest as Noteholder in and to any Lessor Note outstanding immediately prior to the Settlement Agreement Effective Date which is acquired pursuant to Section 4.4(e) of the Collateral Trust Indenture or any right or interest under the Collateral Trust Indenture accruing or benefiting the holder of any such Lessor Note so acquired, the Members (as defined in the LLC Agreement) of the Owner Lessor from directing the Lessor Manager to do the same on behalf of the Owner Lessor, or the obligation of the Lessor Manager to act as so directed in connection therewith), (y) issuing any Settlement Agreement Additional Lessor Notes as contemplated under Section 2.12 of the Collateral Trust Indenture, or (z) taking any actions expressly contemplated under Sections 1.3, 1.6.b, and 1.8 of the Settlement Agreement.”
Limitation on Indebtedness and Actions. 23 SECTION 6.7. CHANGE OF LOCATION.................................................... 23 SECTION 6.8. ASSIGNMENT OF PAYMENT UNDERTAKING AGREEMENT........................... 24
Limitation on Indebtedness and Actions. 54 SECTION 7.7
Limitation on Indebtedness and Actions. The Co-Trustee covenants that it will not incur any indebtedness nor enter into any business or activity except as required or expressly permitted or contemplated by any Operative Document.
