Amendments or Revocation of LLC Agreement Sample Clauses

Amendments or Revocation of LLC Agreement. Notwithstanding anything to the contrary contained in the LLC Agreement, the Owner Participant covenants that during the Facility Lease Term it will not (a) amend, supplement, or otherwise modify Section 9.1, 9.3, 13.1 or clause (i) of 13.2 of the LLC Agreement without the prior written consent of the Facility Lessee so long as no Significant Lease Default or Lease Event of Default has occurred and is continuing, and without the prior written consent of the Indenture Trustee so long as the Lien of the Collateral Trust Indenture has not been terminated or discharged, or (b) revoke, or otherwise waive compliance with or terminate the LLC Agreement without the prior written consent of the Facility Lessee so long as no Significant Lease Default or Lease Event of Default has occurred and is continuing, and the Indenture Trustee so long as the Lien of the Collateral Trust Indenture has not been terminated or discharged.
Sample 1Sample 2Sample 3See All (13)
AutoNDA by SimpleDocs
Amendments or Revocation of LLC Agreement. Notwithstanding anything to the contrary contained in the LLC Agreement, the Equity Investor covenants that it will not (a) amend, supplement, or otherwise modify (i) any section of the LLC Agreement if such amendment, supplement or modification would materially adversely affect the Lessee, the Indenture Trustee or the Noteholders or (ii) Sections 1, 2.5, 5, 8, 9, 10, 12.1, 13, 14, 15.2 and 15.3 of the LLC Agreement (in each case, except for amendments required by the Operative Documents or by Applicable Laws) without the prior written consent of (x) so long as the Lease has not terminated or expired and no Lease Event of Default has occurred and is continuing, the Lessee, and (y) so long as the Lien of the Indenture has not been terminated and fully discharged, the Indenture Trustee, or (b) rescind, or otherwise waive compliance with or terminate the LLC Agreement without the prior written consent of (x) so long as the Lease has not terminated or expired and no Lease Event of Default has occurred and is continuing, the Lessee, and (y) so long as the Lien of the Indenture has not been terminated and fully discharged, the Indenture Trustee.
Sample 1Sample 2
Amendments or Revocation of LLC Agreement. The Owner Participant covenants that it will not (a) amend, supplement, or otherwise modify Section 9.1 or Section 9.3 of the LLC Agreement without the prior written consent of (X) so long as no Significant Lease Default or Lease Event of Default has occurred and is continuing, PPL Montana, or (Y) so long as the Lien of the Lease Indenture has not been terminated or discharged, the Lease Indenture Trustee, or (b) waive compliance with or terminate the LLC Agreement without the prior written consent of (X) so long as no Significant Lease Default or Lease Event of Default has occurred and is continuing, PPL Montana, or (Y) so long as the Lien of the Lease Indenture has not been terminated or discharged, the Lease Indenture Trustee.
Sample 1Sample 2
Amendments or Revocation of LLC Agreement. (a) Notwithstanding anything to the contrary contained in the LLC Agreement, the Owner Participant covenants that it will not (a) amend, supplement or otherwise modify the LLC Agreement except for amendments required by the Operative Documents or by Applicable Laws or that are administrative or ministerial in nature without the prior written consent of (i) so long as no Significant Company Default or Company Event of Default has occurred and is continuing, the Company and (ii) so long as any Lessor Notes remain outstanding, the Indenture Trustee (acting on the instruction of the Required Noteholders) or (b) revoke, rescind, or otherwise waive compliance with or terminate the LLC Agreement without the prior written consent of (i) so long as no Significant Company Default or Company Event of Default has occurred and is continuing, the Company and (ii) so long as Lessor Notes remain outstanding, the Indenture Trustee (acting on the instruction of the Required Noteholders).
Sample 1

Related to Amendments or Revocation of LLC Agreement

  • Incorporation of Prior Agreements; Amendments This Lease contains all agreements of the parties with respect to any matter mentioned herein. No prior agreement or understanding pertaining to any such matter shall be effective. This Lease may be modified in writing only, signed by the parties in interest at the time of the modification. Except as otherwise stated in this Lease, Lessee hereby acknowledges that neither the real estate broker listed in Paragraph 15 hereof nor any cooperating broker on this transaction nor the Lessor or any employees or agents of any of said persons has made any oral or written warranties or representations to Lessee relative to the condition or use by Lessee of said Premises and Lessee acknowledges that Lessee assumes all responsibility regarding the Occupational Safety Health Act, the legal use and adaptability of the Premises and the compliance thereof with all applicable laws and regulations in effect during the term of this Lease except as otherwise specifically stated in this Lease.

  • Amendments and Waiver No modification of or amendment to this Agreement shall be valid or binding unless set forth in writing and duly executed by both of the parties hereto and no waiver of any breach of any term or provision of this Agreement shall be effective or binding unless made in writing and signed by the party purporting to give the same and, unless otherwise provided, shall be limited to the specific breach waived.

  • Amendment of Agreement and Certificate of Limited Partnership For the admission to the Partnership of any Partner, the General Partner shall take all steps necessary and appropriate under the Act to amend the records of the Partnership and, if necessary, to prepare as soon as practical an amendment of this Agreement (including an amendment of Exhibit A) and, if required by law, shall prepare and file an amendment to the Certificate and may for this purpose exercise the power of attorney granted pursuant to Section 2.4 hereof.

  • Supplements, Amendments and Waivers This Agreement may be supplemented or amended only by a subsequent writing signed by each of the parties hereto (or their successors or permitted assigns), and any provision hereof may be waived only by a written instrument signed by the party charged therewith.

  • Amendment of Agreement This Agreement may be amended only by written agreement of the Adviser and the Sub-Adviser and only in accordance with the provisions of the 1940 Act and the rules and regulations promulgated thereunder.

  • Amendments to Existing Agreement The Existing Agreement is, effective as of the date hereof and subject to the satisfaction of the conditions precedent set forth in Section 2 hereof, hereby amended as follows:

  • Governing Law; Amendments This letter agreement shall be governed by and construed in accordance with the laws of the State of New York, without reference to principles of conflict of laws. This letter agreement may not be amended or modified other than by a written agreement executed by you and an authorized employee of Xxxxx & XxXxxxxx Companies.

  • Amendments and Waivers The provisions of this Agreement may not be amended, modified or supplemented, and waivers or consents to departures from the provisions hereof may not be given, except by the Company and the written consent of the Holders of a majority in principal amount of the Securities affected by such amendment, modification, supplement, waiver or consents.

  • Amendments of the Agreement This Agreement may be amended by a writing signed by both parties hereto, provided that no material amendment to this Agreement shall be effective until approved (i) by the vote of a majority of those Trustees of the Trust who are not interested persons of Xxxxx Xxxxx or the Trust cast in person at a meeting called for the purpose of voting on such approval, and (ii) if required by the Investment Company Act of 1940, by vote of a majority of the outstanding voting securities of the Fund.

  • Amendments and Waivers; Assignment (i) Any provision of this Agreement may be amended or waived if, and only if, such amendment or waiver is in writing and signed, in the case of an amendment, by the Company and a majority in interest of the Holders or, in the case of a waiver, by the party or parties against whom the waiver is to be effective; provided, however, that waiver by the Holders shall require the consent of a majority in interest of the Holders.

Time is Money Join Law Insider Premium to draft better contracts faster.