LESSOR MANAGER definition
Examples of LESSOR MANAGER in a sentence
The Facility Lessee shall not change its name or the location of its chief executive office or place of business without notice to the Owner Lessor, the Lessor Manager, the Indenture Trustee, the Pass Through Trustees and the Owner Participant at least thirty (30) days prior to such change.
Each of the Lessor Manager and the Owner Lessor covenants that it will not incur any Indebtedness nor enter into any business or activity except as required or expressly permitted by any Operative Document.
Each of the Trust Company, the Lessor Manager and the Owner Lessor covenants that it will not voluntarily take any action to subject the Owner Lessor or the Lessor Estate to the provisions of any applicable bankruptcy, insolvency or similar law (as now or hereafter in effect).
The Facility Lessee will pay the costs and expenses (including reasonable attorneys' fees and expenses) of the Owner Participant, the Owner Lessor, the Lessor Manager, the Indenture Trustee, the Pass Through Trustees and the Certificateholders in connection with any transaction contemplated by this Section 5.2.
Lessor, Manager and Lessee agree to cooperate in good faith to ensure that Manager retains such status.
Following the Closing Date, the Facility Lessee will be responsible for, and will pay as Supplemental Rent on an After-Tax Basis to the Owner Participant, the annual administration fees, if any, and expenses (including reasonable and documented fees and expenses of its outside counsel) of the Lessor Manager, the Indenture Trustee (as such and in its individual capacity) and the Pass Through Trustees.
The Indenture Trustee shall authenticate and deliver the Initial Lessor Notes for original issue on the Closing Date in the principal amount specified in Section 2.2, upon a written order of the Owner Lessor signed by the Lessor Manager.
The Indenture Trustee shall authenticate and deliver Additional Lessor Notes, upon a written order of the Owner Lessor executed by the Lessor Manager and satisfaction of the conditions specified in Section 2.12.
Other than as permitted by the Operative Documents, each of the Lessor Manager and the Owner Lessor covenants that it will not assign, pledge, sell, lease, convey or otherwise transfer any of its then existing right, title or interest in and to the Owner Lessor's Interest, the Lessor Estate or the other Operative Documents.
It is understood and agreed that, with respect to the action requested of it, and taken by it, under this Section 7.9, the Owner Lessor, the Owner Participant and the Lessor Manager shall make no representation or warranty as to, and shall have no responsibility for, the effectiveness of such action to accomplish or promote the objective intended by the Person making such request.