Examples of Ground Sublessee in a sentence
Each of the Ground Lessee and the Ground Sublessee waives any rights it may have under the laws of the State of Montana or otherwise to any Lien upon, or right of attachment (other than a leasehold interest in) with respect to the Undivided Interest or any part thereof.
The Ground Sublessee expressly agrees that the Ground Sublessee shall not transfer the Ground Interest except as part of the Ground Sublessee's transfer of the Facility Lessee's Interest pursuant to the Operative Documents.
The Ground Sublessee agrees that it will not, directly or indirectly, create, incur, assume or suffer to exist any Lien on or with respect to the Ground Interest or the Facility Site other than Permitted Liens, and the Ground Sublessee shall promptly notify the Ground Sublessor of the imposition of any such Lien of which the Ground Sublessee is aware and shall promptly, at its own expense, take such action as may be necessary to fully discharge or release any such Lien.
PPL MONTANA, LLC, as Ground Lessor and Ground Sublessee By: /s/ Paul X.
Except as otherwise provided herein, the Ground Sublessee shall undertake and perform, for the benefit of the Ground Sublessor, all duties and obligations of the Ground Sublessor under the Facility Site Lease and shall not take any action, or fail to take any action, which action or failure would constitute or result in an event of default under the Facility Site Lease.