STANDBY PURCHASER COVENANTS Sample Clauses

STANDBY PURCHASER COVENANTS. SECTION 5.01. Notwithstanding any of the foregoing consents or any other terms hereof, the Standby Purchaser covenants and agrees that, except as expressly permitted by the Deed of Proceeds, it will not assign or transfer its interest in any Property that is part of the Trust Estate (including, without limitation, any interest in the SDDI Contract, the Standby Lease or the Drilling Rig) to any other Person without (i) the prior express written consent of the Trustee and each of the Note Holders and (ii) prior written notice to each Rating Agency.
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