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.
Appears in 7 contracts
Samples: Participation Agreement (Midwest Generation LLC), Participation Agreement (Midwest Generation LLC), Participation Agreement (Midwest Generation LLC)
Limitation on Indebtedness and Actions. Each of the Owner Trustee and the The Owner Lessor covenants severally and as to itself only that it will not incur any indebtedness nor Indebtedness or enter into any business or activity except as required or expressly permitted or contemplated by any Operative DocumentDocument and the LLC Agreement.
Appears in 2 contracts
Samples: Participation Agreement (Ormat Technologies, Inc.), Participation Agreement (Ormat Technologies, Inc.)
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 eater into any business or activity except as required or expressly permitted or contemplated by any Operative Document.
Appears in 1 contract
Samples: Participation Agreement (Tennessee Valley Authority)
Limitation on Indebtedness and Actions. Each of the Owner Trustee Manager and the Owner Lessor covenants severally and as to itself only that it will not incur any indebtedness Indebtedness nor enter into any business or activity except as required or expressly permitted or contemplated by any Operative Document.. XXXXXXXXX PARTICIPATION AGREEMENT (L1) --------------------------------------
Appears in 1 contract
