COVENANTS OF THE CERTIFICATE HOLDERS Sample Clauses

COVENANTS OF THE CERTIFICATE HOLDERS. Each Certificate Holder hereby agrees that so long as this Participation Agreement is in effect until expiration or earlier termination of the Master Lease, it will not, and will not cause or direct the Owner Trustee to, terminate the Trust Agreement without the prior written consent of the Lessee.
AutoNDA by SimpleDocs
COVENANTS OF THE CERTIFICATE HOLDERS. Each Certificate Holder hereby agrees that so long as this Participation Agreement is in effect (unless a Lease Event of Default shall have occurred and be continuing) until expiration or earlier termination of the Master Lease, it will not, and will not cause or direct the Trustee to, terminate or amend the Trust Agreement so that there is a Material Adverse Affect for Lessee, except if there is a Lease Event of Default, without the prior written consent of the Lessee. Notwithstanding the foregoing, the Certificate Holders may, pursuant to Section 12.15 of the Trust Agreement, change the name of the Trust.

Related to COVENANTS OF THE CERTIFICATE HOLDERS

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