Examples of Lessor Note in a sentence
Each Lessor Note issued hereunder shall be executed and delivered on behalf of the Owner Lessor by one of its authorized signatories, be in fully registered form, be dated the date of original issuance of such Lessor Note and be in denominations of not less than $1,000.
Each Initial Lessor Note shall accrue additional interest under the circumstances and at the rate per annum set forth in the third paragraph of each Initial Lessor Note.
Any past Lease Indenture Event of Default and its consequences may be waived by the Indenture Trustee or a Majority in Interest of Noteholders, except a Lease Indenture Event of Default (i) in the payment of the principal of, Make-Whole Amount, if any, and or interest on any Lessor Note, subject to the provisions of Sections 5.1 and 8.1 hereof, or (ii) in respect of a covenant or provision hereof which, under Section 8.1 hereof, cannot be modified or amended without the consent of each Noteholder.
The Indenture Trustee shall be fully protected in relying upon, and each Noteholder by its acceptance of a Lessor Note hereunder agrees to indemnify and hold the Indenture Trustee harmless against all claims or liability of any kind arising in connection with or related to the Indenture Trustee's reliance upon any such documents, forms or information provided by such Noteholder to the Indenture Trustee.
Each Noteholder, by its acceptance of a Lessor Note, shall be deemed to have consented to, and agreed to be bound by, the terms and conditions hereof, of such Lessor Note (and any instrument of assignment or transfer) and of the other Operative Documents.