Common use of NOTATION ON OR EXCHANGE OF LESSOR NOTES Clause in Contracts

NOTATION ON OR EXCHANGE OF LESSOR NOTES. The Lease Indenture Trustee may place an appropriate notation about an amendment, supplement or waiver on any Lessor Note thereafter authenticated. The Owner Lessor in exchange for all Lessor Notes may issue and the Lease Indenture Trustee shall, upon receipt of an Authentication Order, authenticate new Lessor Notes that reflect the amendment, supplement or waiver. Failure to make the appropriate notation or issue a new Lessor Note shall not affect the validity and effect of such amendment, supplement or waiver.

Appears in 5 contracts

Samples: Trust and Security Agreement (Eme Homer City Generation Lp), Indenture of Trust and Security Agreement (Eme Homer City Generation Lp), Indenture of Trust and Security Agreement (Eme Homer City Generation Lp)

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