Owner Lessor definition

Owner Lessor shall have the meaning set forth in the introductory paragraph to the Participation Agreement.

Owner Lessor means [Enter name of Owner].

Owner Lessor. S LIEN(S)" individually or collectively as the context may require, shall mean any Lien on the Lessor Estate, the Facility Site or the Easement, or any part of any thereof or interest therein arising as a result of (i) Taxes against or affecting the Owner Lessor, the Trust Company or the Lessor Manager or any Affiliate thereof that are not related to, or that are in violation of, any Operative Document or the South Point Ground Lease (giving effect to its assignment to the Owner Lessor pursuant to the Assignment Agreement) or the transactions contemplated thereby, (ii) Claims against or any act or omission of the Owner Lessor, the Trust Company or the Lessor Manager or Affiliate thereof that is not related to, or that is in violation of, any Operative Document or the South Point Ground Lease (giving effect to its assignment to the Owner Lessor pursuant to the Assignment Agreement) or the transactions contemplated thereby or that is in breach of any covenant or agreement of the Owner Lessor, the Trust Company or the Lessor Manager specified therein, (iii) Taxes imposed upon the Owner Lessor, the Trust Company or the Lessor Manager or any Affiliate thereof that are not indemnified against by the Facility Lessee pursuant to any Operative Document or (iv) Claims against or affecting the Owner Lessor, the Trust Company or the Lessor Manager or any Affiliate thereof arising out of the voluntary or involuntary transfer by the Owner Lessor, the Trust Company or the Lessor Manager of any portion of the interest of the Owner Lessor in the Owner Lessor's Interest, other than pursuant to the Operative Documents and the South Point Ground Lease.

Examples of Owner Lessor in a sentence

• Lessee holds the Equipment subject and subordinate to the rights of the Owner, Lessor, any Assignee and any Secured Party.

• Lessee will, at its expense, keep the Equipment free and clear from any liens or encumbrances of any kind (except any caused by Lessor) and will indemnify and hold the Owner, Lessor, any Assignee and Secured Party harmless from and against any loss caused by Lessee's failure to do so, except where such is caused by Lessor.

• Lessee authorizes Lessor, as Lessee's agent, and at Lessor's expense, to prepare, execute and file in Lessee's name precautionary Uniform Commercial Code financing statements showing the interest of the Owner, Lessor, and any Assignee or Secured Party in the Equipment and to insert serial numbers in Summary Equipment Schedules as appropriate.

• The Owner Participant covenants and agrees that it shall not unreasonably withhold its consent to any consent requested of the Owner Lessor under the terms of the Operative Documents that by its terms is not to be unreasonably withheld by the Owner Lessor.

• The Owner Participant will execute such agreements and documents as may be necessary with respect to any such refinancing and will instruct the Owner Lessor to act accordingly.

More Definitions of Owner Lessor

Owner Lessor means each of Homer City OL1 LLC, Homer City OL2 LLC, Homer City OL3 LLC, Homer City OL4 LLC, Homer City OL5 LLC, Homer City OL6 LLC, Homer City OL7 LLC and Homer City OL8 LLC.

Owner Lessor means Roseton OL LLC, a Delaware limited liability company.

Owner Lessor means the Owner or Manager of the Event venue wherever the Event is being held from time to time.

Owner Lessor means Montana OL3 LLC, a Delaware limited liability company.

Owner Lessor means Montana OL4 LLC, a Delaware limited liability company.

Owner Lessor means Xxxxx City OL[1], LCC, a Delaware LLC.

Owner Lessor means Broad River OL-4, LLC, a Delaware limited liability company created for the benefit of the Owner Participant.