Common use of Rights of Lessee Clause in Contracts

Rights of Lessee. Notwithstanding the provisions of this Indenture, including, without limitation, Section 5.03, so long as no Lease Event of Default shall have occurred and be continuing, neither the Indenture Trustee nor the Owner Trustee shall take any action contrary to, or disturb, the Lessee's rights under the Lease, except in accordance with the provisions of the Lease, including, without limitation, (i) the right to receive all monies due and payable to it in accordance with the provisions of the Lease and (ii) the Lessee's rights to possession and use of, and of quiet enjoyment of, the Equipment.

Appears in 2 contracts

Samples: Trust Indenture and Security Agreement (Union Tank Car Co), Trust Indenture and Security Agreement (Union Tank Car Co)

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Rights of Lessee. Notwithstanding the provisions of this ---------------- Indenture, including, without limitation, Section 5.034.3, so long as no Lease Event of Default shall have occurred and be continuing, neither the Indenture Trustee nor the Owner Trustee shall take any action contrary to, or disturb, the Lessee's rights under the Lease, except in accordance with the provisions of the Lease, including, without limitation, (i) the right to receive all monies due and payable to it in accordance with the provisions of the Lease and (ii) the Lessee's rights to possession and use of, and of quiet enjoyment of, the Equipment.

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)

Rights of Lessee. Notwithstanding the provisions of ---------------- this Indenture, including, without limitation, Section 5.034.03, so long as no Lease Event of Default shall have occurred and be continuing, neither the Indenture Trustee nor the Owner Trustee shall take any action contrary to, or disturb, the Lessee's rights under the Lease, except in accordance with the provisions of the Lease, including, without limitation, (i) the right to receive all monies due and payable to it in accordance with the provisions of the Lease and (ii) the Lessee's rights to possession and use of, and of quiet enjoyment of, the Equipment.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Gatx Rail Corp)

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Rights of Lessee. Notwithstanding the provisions of this Indenture, including, without limitation, Section 5.034.03, so long as no Lease Event of Default shall have occurred and be continuing, neither the Indenture Trustee nor the Owner Trustee shall take any action contrary to, or disturb, the Lessee's rights under the Lease, except in accordance with the provisions of the Lease, including, without limitation, (i) the right to receive all monies due and payable to it in accordance with the provisions of the Lease and (ii) the Lessee's rights to possession and use of, and of quiet enjoyment of, the Equipment.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Gatx Rail Corp)

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