Excepted Rights definition

Excepted Rights shall have the meaning specified in Section 5.6 of the Lease Indenture.

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Excepted Rights means (i) those rights of the Owner Participant and the Owner Trustee under Section 5.10 of this Indenture, (ii) all rights under the Equity Collateral to make a claim for, collect and retain all amounts payable with respect to any Equity Collateral, (iii) all rights of the Owner Participant, the Trust Company or the Owner Trustee to compromise or waive any such right or modify, amend or waive any provision of any Operative Document conferring such rights with respect to Excepted Payments, and (iv) all rights of the Owner Trustee to exercise any election or option, or to make any decision or determination, or to give or receive any notice, consent, waiver or approval with respect to Excepted Payments.

Excepted Rights means the rights retained by the Owner Trustee pursuant to Section 8.2(a)(i) of the Credit Agreement.

Examples of Excepted Rights in a sentence

• Nothing in this Section 4 shall be construed as limiting or otherwise affecting in any way the Assignor's Excepted Rights or Shared Rights.

• Notwithstanding the Granting Clause or any of the preceding paragraphs, there is hereby excluded from the foregoing sale, transfer, assignment, grant, pledge and security interest all Excepted Payments and Excepted Rights.

• Notwithstanding anything to the contrary contained in this Section 2.18, Section 2.18 is in all respects subject to the Excepted Rights of Grantor.

• Subject to the Excepted Rights and the Excepted Payments, the Construction Agent and the Lessor hereby acknowledge and agree that, subject to and in accordance with the terms of the Security Agreement made by the Lessor in favor of the Agent, the rights and powers of the Lessor under this Agreement have been assigned to the Agent.

• Notwithstanding the foregoing, both Investors shall retain the exclusive right to direct the Trust with respect to the exercise of the Excepted Rights.

More Definitions of Excepted Rights

Excepted Rights shall have the meaning assigned thereto in Section 5.11 --------------- of the Indenture.

Excepted Rights means the Lessor’s right (a) to receive from Parent Guarantor, Lessee or the Administrative Agent all notices, certificates, reports, filings, opinions of counsel, copies of all documents and all information which the Parent Guarantor and/or Lessee is permitted or required to give or furnish to the “Lessor” pursuant to the Lease or any other Operative Document, (b) to exercise the inspection rights provided for in Section 4.2 of the Lease, (c) to give any demand notice under Section 16.1 of the Lease and to demand payment from the Lessee under the Lease in default in respect thereof and to retain the right to cause the Lessee to take any action and execute and deliver such documents and assurances as the “Lessor” may from time to time reasonably request pursuant to Article XVI of the Lease and (d) Lessor’s rights under Section 15.5 of the Participation Agreement.

Excepted Rights means the rights of the Owner Lessor and Owner Participant as set forth in Section 5.6 of the Lease Indenture.

Excepted Rights means any right excepted from the permitting requirements of State law to appropriate Stock Water for impoundments or pits with a priority date after the Effective Date of this Compact, any right exempt from the permitting requirements of State law to appropriate Ground Water with a priority date after the Effective Date of this Compact, temporary emergency appropriations made after the Effective Date of this Compact and as provided in 85-2-113, MCA, and those small Stock Water and Ground Water rights that are developed free from pre-development review, and those temporary emergency uses to protect lives or property, under tribal law, as each may be applicable.

Excepted Rights means (i) all rights with respect to Excepted Payments of the Person entitled thereto and (ii) all rights and privileges expressly reserved to the Issuer pursuant to the Indenture.

Excepted Rights means the rights retained by the Lessor pursuant to Section 8.2(a) of the Credit Agreement.

Excepted Rights means all rights of Lessor to receive, claim or compromise Excepted Payments.