Lessor Collateral definition

Lessor Collateral has the meaning set forth in Section 7.1 of the Participation Agreement.

Lessor Collateral means all collateral of whatever nature purported to be subject to the Lien of the Security Documents, if any.

Lessor Collateral means the collateral described in Section 2 of the Assignment of Lease and Rent.

Examples of Lessor Collateral in a sentence

• Each of Administrative Agent, Collateral Agent and any Secured Party may be a purchaser of Lessor Collateral or any part thereof or any interest therein at any sale thereof, whether pursuant to foreclosure or power of sale or otherwise.

• It is agreed that ten (10) Business Days' notice to Lessor of the date, time and place (and terms, in the case of a private sale) of any proposed sale by Collateral Agent of Lessor Collateral or any part thereof or interest therein is reasonable.

• Any receiver, trustee or representative appointed for all or any part of Lessor Collateral shall be entitled to exercise all rights of Collateral Agent under this Agreement and the other Operative Documents to the extent provided in such appointment and shall be entitled to exercise all the powers and pursue all the remedies of Collateral Agent hereunder with respect to Lessor Collateral.

• Upon any sale of Lessor Collateral or any part thereof or interest therein, whether pursuant to foreclosure or power of sale or otherwise, the receipt of the purchase money by the official making the sale by judicial proceeding or by Collateral Agent shall be sufficient discharge to the purchaser for the purchase money and neither such official nor such purchaser shall be obliged to see to the application thereof.

• All proceeds of the foregoing (including, without limitation, whatever is receivable or received when Lessor Collateral or proceeds is sold, collected, exchanged, returned, substituted or otherwise disposed of, whether such disposition is voluntary or involuntary, including rights to payment and return premiums and insurance proceeds under insurance with respect to any Lessor Collateral, and all rights to payment with respect to any cause of action affecting or relating to the Lessor Collateral).

More Definitions of Lessor Collateral

Lessor Collateral. This term shall have the meaning set forth in the granting clause of the related Lessor Indenture.

Lessor Collateral means the property of the Trust and the Certificate Trustee with respect to which a lien is purported to be granted pursuant to the Assignment of Lease and Rent.

Lessor Collateral shall have the meaning given such term in Section 2 of the Assignment Agreement.

Lessor Collateral is defined in the Granting Clause First of the Security Agreement.

Lessor Collateral means, with respect to each Facility Lease, the Lessor Collateral as such term is defined in the Lessor Loan Agreement relating to such Facility Lease.

Lessor Collateral is defined in the Deed of Trust.

Lessor Collateral means, collectively, the "Collateral" as defined in Section 2.1(a) of the Security Agreement and the "Mortgaged Property" as defined in the Project Mortgage. "Lessor Default Notice" shall mean a duly executed and completed notice in the form of Exhibit 11.02(a)(1) to the Amended and Restated Disbursement Agreement. "Lessor Group" shall mean Lessor, each General Partner and the Operator and the Manager (but only so long as the Operator and the Manager are Affiliates of the Lessor or any General Partner), and any Affiliate of any of them. "Lessor Lien" shall mean any Lien on the Collateral or any part thereof which results from (i) nonpayment by Lessor or any Partner of any taxes imposed on or measured by its net income or the net income of the consolidated group of taxpayers, of which it is a part or (ii) any act or failure to act of or claim against Lessor or any Partner arising out of events or conditions not related or connected to any transaction contemplated by the Transaction Documents. "Lessor Post-Default Disbursement Certificate" shall mean a duly executed and completed certificate in the form of Exhibit 11.02(a)(2) to the Amended and Restated Disbursement Agreement. "Lessor QF Casualty" shall have the meaning set forth in Section 7.2 of the Amended and Restated Participation Agreement. "Lessor Release Notice" shall mean a duly executed and completed notice in the form of Exhibit 5.02(d)(2) to the Amended and Restated Disbursement Agreement. "Lessor Revenues Account" shall mean the Lessor Revenues Account established pursuant to Section 2.02(d) of the Amended and Restated Disbursement Agreement. "Lessor Spare Parts" shall mean the spare parts for the Facility furnished to Lessee by Lessor on the Lease Commencement Date. "Letters of Credit" shall mean, in the singular, the Bond Letter of Credit or the Contract Letter of Credit, as the context requires, and in the plural, the collective reference to the Bond Letter of Credit and the Contract Letter of Credit. "Lien" shall mean any mortgage, pledge, lien, security interest, deed of trust or other charge or encumbrance of any kind, or any other similar type of preferential arrangement (including, without limitation, any agreement to give any of the foregoing, any conditional sale or other title retention agreement, any lease in the nature thereof and the filing of or agreement to give any financing statement under the Uniform Commercial Code of any jurisdiction). 14