Diminution. Except as permitted pursuant to any Financing Document or this Agreement, the Borrower hereafter grants or permits any easement or dedication, files any plat, declaration or restriction or enters any lease or sub-lease concerning the Site, the Collateral or the Power Plant and the effect thereof is determined by the Lender, in its reasonable discretion, to have a Material and Adverse Effect.
Appears in 2 contracts
Sources: Credit Facility Agreement (Ormat Technologies, Inc.), Credit Facility Agreement (Ormat Technologies, Inc.)