Lease Participant any Person who is listed as a Lease Participant on the signature pages of the Investment Agreement, or who from time to time becomes a Lease Participant pursuant to an Assignment and Acceptance; collectively, the “Lease Participants”. The term Lease Participant shall include any or all of the A Percentage Lease Participants and the B Percentage Lease Participants, as applicable.
Lease Participant means SunTrust Bank, Atlanta and such other Persons, if any, who may become parties to the Lease Participation Agreement as Lease Participants, provided that, unless such other Person is an Affiliate of SunTrust Bank, Atlanta, Lessee consents to such other Person, which consent shall not be unreasonably withheld.
Lease Participant means each bank or other financial institution which is from time to time party to any of the Operative Agreements in its capacity as a “Lease Participant”.
Examples of Lease Participant in a sentence
Each Lease Participant also acknowledges that it will, independently and without reliance upon the Lessor or any other Lease Participant and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement.
A copy of such record shall be made available to the Company and any Lease Participant upon its request.
Subject to the terms and conditions of the Lessor Assignment Agreement (which agreement is effective concurrent with the effectiveness of this Agreement) and the other Operative Agreements, the Lessor shall irrevocably sell and assign to each Lease Participant, and each Lease Participant shall irrevocably purchase and assume from the Lessor, its Lessor Parties Interest; provided, after the effectiveness of the Lessor Assignment Agreement, the Lessor shall still retain its own Lessor Parties Interest.
Promptly upon receipt by the Lessor of such payment of the Upfront Supplemental Rent, it shall distribute to each Lease Participant its Percentage Share thereof.
Except for notices, reports and other documents and information expressly required to be furnished to the Lease Participants by the Lessor hereunder, the Lessor shall not have any duty or responsibility to provide any Lease Participant with any credit or other information concerning the affairs, financial condition or business of the Guarantor, the Company or any affiliates thereof, which may come into the possession of the Lessor or any of its affiliates.
More Definitions of Lease Participant
Lease Participant see Recitals.
Lease Participant is defined in the second Recital.
Lease Participant means each bank or other financial institution which is from time to time party to any of the Operative Agreements in its capacity as a “Lease Participant”. “Legal Requirements” shall mean all foreign, federal, state, county, municipal and other governmental statutes, laws, rules, orders, regulations, ordinances, judgments, decrees and injunctions affecting any Lessor Party, any Credit Party, the Agent or the Property, Land, Improvements, Equipment or the taxation, demolition, construction, use or alteration of such Improvements, whether now or hereafter enacted and in force, including any that require repairs, modifications or alterations in or to the Property or in any way limit the use and enjoyment thereof (including all building, zoning and fire codes and the Americans with Disabilities Act of 1990, 42 U.S.C. § 12101 et. seq., and any other similar federal, state or local laws or ordinances and the regulations promulgated thereunder) and any that may relate to environmental requirements (including all Environmental Laws), and all permits, certificates of occupancy, licenses, authorizations and regulations relating thereto, and all covenants, agreements, restrictions and encumbrances contained in any instruments which are either of record or known to any Credit Party affecting the Property or the Appurtenant Rights. “Lessee” shall have the meaning given to such term in the Lease, and shall include any successor, transferee or assignee permitted pursuant to Section 10.1 of the Participation Agreement. “Lessor” shall mean Wachovia Service Corporation, a Delaware corporation. “Lessor Advance” shall mean, as the context may require, (a) any single advance made by any Lessor Party pursuant to the terms of the Operative Agreements or (b) the aggregate amount of all advances made by the Lessor Parties pursuant to the terms of the Operative Agreements as reduced from time to time by any repayment or prepayment of such advances pursuant to Section 5A.4 of the Participation Agreement or otherwise in accordance with the Operative Agreements. “Lessor Assignment Agreement” shall mean the Assignment and Assumption Agreement dated on or about the Initial Closing Date, among the Lessor, the various banks and other lending institutions which are parties thereto as assignees, the Agent and the Lessee. “Lessor Confirmation Letter” shall mean the confirmation letter issued by the Lessor from time to time to the Lessee pursuant to Section 8.2(d) of the Participation Agreem...
Lease Participant. “Legal Requirements” shall mean all foreign, federal, state, county, municipal and other governmental statutes, laws, rules, orders, regulations, ordinances, judgments, decrees and injunctions affecting any Lessor Party, any Credit Party, the Agent or the Property, Land, Improvements, Equipment or the taxation, demolition, construction, use or alteration of such Improvements, whether now or hereafter enacted and in force, including any that require repairs, modifications or alterations in or to the Property or in any way limit the use and enjoyment thereof (including all building, zoning and fire codes and the Americans with Disabilities Act of 1990, 42 U.S.C. § 12101 et. seq., and any other similar federal, state or local laws or ordinances and the regulations promulgated thereunder) and any that may relate to environmental requirements (including all Environmental Laws), and all permits, certificates of occupancy, licenses, authorizations and regulations relating thereto, and all covenants, agreements, restrictions and encumbrances contained in any instruments which are either of record or known to any Credit Party affecting the Property or the Appurtenant Rights. “Lessee” shall have the meaning given to such term in the Lease, and shall include any successor, transferee or assignee permitted pursuant to Section 10.1 of the Participation Agreement. “Lessor” shall mean Wachovia Service Corporation, a Delaware corporation. “Lessor Advance” shall mean, as the context may require, (a) any single advance made by any Lessor Party pursuant to the terms of the Operative Agreements or (b) the aggregate amount of all advances made by the Lessor Parties pursuant to the terms of the Operative Agreements as reduced from time to time by any repayment or prepayment of such advances pursuant to Section 5A.4 of the Participation Agreement or otherwise in accordance with the Operative Agreements. “Lessor Assignment Agreement” shall mean the Assignment and Assumption Agreement dated on or about the Initial Closing Date, among the Lessor, the various banks and other lending institutions which are parties thereto as assignees, the Agent and the Lessee. “Lessor Confirmation Letter” shall mean the confirmation letter issued by the Lessor from time to time to the Lessee pursuant to Section 8.2(d) of the Participation Agreement, in a form substantially similar to the form of confirmation letter provided to the Lessee on or prior to the Initial Closing Date.
Lease Participant any one, or more, or all, as the context shall ----------------- require, of the A Percentage Lease Participants and the B Percentage Lease Participants.
Lease Participant shall have the meaning set forth in the Amended and Restated Reimbursement Agreement. "Lease Term" shall have the meaning set forth in the Amended and Restated Lease. "Lease Termination Date" shall mean the last day of the Lease Term, or any earlier date on which the Amended and Restated Lease terminates in accordance with its terms. "Xxx Xxxxx" shall mean, collectively, the Agreement, dated February 12, 1981, by and between Xxxxxx Xxx and Xxxxx X. Xxx and Xxxxxxxx Coal Company, and the Agreement, dated February 6, 1976, by and between Xxxxxx Xxx and Xxxxx X. Xxx and Xxxxxxxx Coal Company. "Lessee" shall mean Buzzard Power Corporation, a Delaware corporation, or any other Person who is Lessee under the Amended and Restated Lease. "Lessee Account Collateral" shall have the meaning specified in Section 3.01 of the Amended and Restated Disbursement Agreement. "Lessee Accounts" shall mean the Operating Account, the Maintenance Reserve Account, the Available Cash Flow Account and the Lessee Environmental Liability Reserve Account, created in accordance with the terms of the Amended and Restated Disbursement Agreement. "Lessee Available Cash" shall have the meaning set forth in the Amended and Restated Reimbursement Agreement. "Lessee Collateral" shall have the meaning specified in Section 11.2(a)(ii) of the Amended and Restated Participation Agreement. "Lessee Environmental Liability Reserve Account" shall mean the Lessee Environmental Liability Reserve Account established pursuant to Section 2.03(d) of the Amended and Restated Disbursement Agreement. "Lessee Parent" shall mean EPC. "Lessee Security Agreement" shall have the meaning set forth in the Amended and Restated Reimbursement Agreement. 13