No Defaults, No Event of Loss. No Event of Loss, Lease Event of Default, Material Lease Default or event that with the passage of time or notice or both would constitute a Lease Event of Default will occur solely by the execution of this Agreement; provided, however, that the commencement or pendency of the Chapter 11 Cases (and any default related to the non-payment of Rent during the pendency of the Chapter 11 Cases) shall not be considered a Lease Event of Default for purposes of this Section 3.1.
Appears in 4 contracts
Samples: Participation Agreement (Midwest Generation LLC), Participation Agreement (Midwest Generation LLC), Participation Agreement (Midwest Generation LLC)