Additional Lease Payments. Additional Lease Payments with respect to the Series 2003A Certificates consist of a pro rata portion of the following amounts paid or to be paid with respect to both the Series 2003A-1 Lease and the Series 2003A-2 Lease, except as otherwise provided herein, by the School Board on the following dates:
Additional Lease Payments. Additional Lease Payments with respect to the Series 2020A-1 Lease consist of a pro rata portion of the following amounts to be paid with respect to both the Series 2020A-1 Lease and the Series 2020A-2 Lease, except as otherwise provided herein:
Additional Lease Payments. Additional Lease Payments with respect to the Series 2006 Certificates consist of a pro rata portion of the following amounts paid or to be paid with respect to both the Series 2006-1 Lease and Series 2006-2 Lease, except as otherwise provided herein, by the School Board on the following dates:
Additional Lease Payments. However, any Contingency Expenses shall first be approved in writing by the Authority. Furthermore, the Authority shall have the unilateral right, but not the obligation, to utilize an alternate firm to provide any or all of the services reflected by the O&M Expenses, including, but not limited to, operations, maintenance, asset management, accounting, and insurance, and the Company hereby agrees to cooperate in the transition to any replacement firm. The Company hereby acknowledges that, to the extent the Company has outstanding Company Payment Obligations (including the Deferred Company Payment Obligations), any funds received by the Company, or any future funds received by any affiliate of the Company in connection with the Renewable Energy Projects (exclusive of any funds received by any affiliate to perform operations and maintenance or asset management), from any source other than the Initial SREC Proceeds or Future SREC Proceeds (including funds obtained through any future litigations in connection with the Renewable Energy Projects not precluded by this Consent No. 3 or the Settlement Agreement, but excluding those funds otherwise accounted for in this Consent No. 3 or in the Settlement Agreement) following execution of this Consent No. 3, are, unless otherwise agreed to in writing by the Authority, County, and the Trustee, pledged to the Trustee for security of the Company Payment Obligations and shall therefore be paid promptly to the Trustee upon receipt by the Company. The Company hereby represents that it is signing this Consent No. 3 on behalf of its affiliates with respect to the subject matter of this paragraph, and that it has the authority to so sign. If the Authority contracts with, or directs the Company to contract with, a person or entity that is not affiliated with the Company to provide operations, maintenance, or asset management services for the Renewable Energy Projects, the Authority shall undertake commercially reasonable efforts to include in any such contracts (“Third-Party O&M/Asset Management Contracts”) that the Company Indemnified Parties shall have no liability with respect to the Third-Party O&M/Asset Management Contracts and that the Company Indemnified Parties will be indemnified and held harmless from and against any and all claims, damages, liabilities, judgments, awards, costs, losses and expenses (including reasonable attorneys’ fees, expenses, and related costs of defense) resulting from any claims, causes of act...
Additional Lease Payments. In addition to the Initial Lease Price, during the term of this Agreement, MES shall pay a fixed, flat monthly lease payment (the "Additional Lease Payment") to Commodore equivalent to 50% of the chemical cost savings and sludge disposal cost savings realized by using the Intellectual Property and the Equipment compared to the cost of using a chemical precipitation system for processing the chromium generated by Xxxxxxx Point Leachate Treatment Facilities. The parties acknowledge and agree that the chemical cost savings have been calculated by Black & Xxxxxx in an April 1-3 Value Engineering Report, amended May 1, 1997, and as further amended on August, 1997, using value engineering principles based on a complete life cycle analysis (including the capital costs, and cost of operation, maintenance and repair) of using Commodore's Intellectual Property and the Equipment compared to a chemical precipitation method (the "Baseline Cost Savings"). The Baseline Savings Cost shall be computed and expressed on a unit price basis for each gallon of leachate actually processed by the Equipment and for the cost of each gallon of sludge actually disposed of (if any). The Baseline Cost Savings shall remain effective from the Effective Date hereof and during the Initial Term (as hereinafter defined) hereof. Thereafter, during any renewal period of the term of this Agreement, based on price indexing for variable components (such as fluctuating costs for chemicals and sludge disposal), the parties shall annually review and on or before each anniversary of the Commissioning Date, agree upon adjustments to the Baseline Cost Savings and adjust the Additional Lease Payment, payable monthly, accordingly.
Additional Lease Payments. Additional Lease Payments with respect to the Series 2008A Certificates consist of a pro rata portion of the following amounts paid or to be paid with respect to both the Series 2008A-1 Lease and Series 2008A-2 Lease, except as otherwise provided herein:
Additional Lease Payments. The Lease may be amended to provide for the execution and delivery of additional certificates of participation in Additional Lease Payments to be made by the Lessee with the prior written consent of the Certificateholder, provided that the following shall have occurred: (i) the Lease shall have been amended, to the extent necessary, so as to increase the Lease Payments payable by the Lessee under the Lease by an aggregate amount equal to the Principal Components and Interest Components represented by such additional certificates of participation, payable at such times and in such manner as may be necessary to provide for the payment of the principal and interest represented by such certificates; provided, however, that no such amendment shall be made such that the sum of Lease Payments, including any such amendment to the Lease, plus Additional Payments in any year shall be in excess of the annual fair rental value of the Leased Property; (ii) the Lessee shall not be in default under the Trust Agreement or any Supplemental Trust Agreement or under the Lease; and (iii) the Lessee has obtained the consent of the Certificateholder. Notwithstanding the foregoing and anything to the contrary in the Lease, in the Trust Agreement or in any Supplemental Trust Agreement, the Lease shall not be amended to provide for the execution and delivery of additional Certificates (1) if an Event of Default, (or any event which, once all notice and grace periods have passed, would constitute an Event of Default) exists unless such default shall be cured upon the execution and delivery of such additional Certificates and (2) without the Certificateholder’s prior written consent unless otherwise permitted by the Certificateholder.
Additional Lease Payments. (a) At the times required in the definition of “Administrative Fee”, when not otherwise provided for from a portion of the proceeds of a Series of Bonds, including the Series 2012 Bonds, the Lessee shall pay the Administrative Fee to the Trustee as an Additional Lease Payment for deposit in the Administrative Expense Account of the Administrative Fund.
Additional Lease Payments. Lessee shall pay to Lessor as additional payments (the “Additional Lease Payments”) hereunder, in addition to the Lease Payments payable by Lessee, such amounts in each year as shall be required by Lessor in payment of any reasonable costs and expenses, incurred by Lessor in connection with the execution, performance or enforcement of this Master Lease Agreement, the financing of the Equipment, including but not limited to payment of all reasonable fees, costs and expenses and all reasonable administrative costs of Lessor in connection with the Equipment, reasonable expenses (including, without limitation, attorneys’ fees and disbursements), reasonable fees of auditors or attorneys, insurance premiums not otherwise paid hereunder and all other reasonable, direct and necessary administrative costs of Lessor or charges required to be paid by it in order to comply with the terms of, or to enforce its rights under, each Agreement. Such Additional Lease Payments shall be billed to Lessee by Lessor from time to time, together with a statement certifying that the amount so billed has been paid by Lessor for one or more of the items described, or that such amount is then payable by Lessor for such items. Amounts so billed shall be due and payable by Lessee within thirty (30) days after receipt of the bill. In addition to the
Additional Lease Payments. Additional Lease Payments with respect to the Series 2008A Certificates consist of the following.
