Authorized Lessor Representative definition
Examples of Authorized Lessor Representative in a sentence
All moneys received by or on behalf of the Disbursing Agent constituting Net Proceeds shall, pending application, be invested in such Eligible Investments as the Authorized Lessor Representative may direct from time to time.
Whenever under the provisions of this Lease Agreement the approval of the Lessor is required or the Lessor is required to take some action, such approval shall be made or such action shall be taken by the Authorized Lessor Representative, and the Lessee and the Trustee shall be authorized to act on any such approval or action; provided, however, that in any case in which the Bank's consent or approval is required, the Trustee shall also obtain the Bank's consent or approval before so acting.
The Lessee agrees that the Authorized Lessor Representative or its duly authorized agents shall have the right at all reasonable times during business hours, to enter upon, examine and inspect the Project, provided that this does not result in any interference or prejudice to the Lessee's operations.