Common use of During the Facility Lease Term Clause in Contracts

During the Facility Lease Term. (i) the Facility Lessee shall, at its own expense, on behalf of the Owner Lessor, duly fulfill and comply with all obligations on the part of the Owner Lessor under or in connection with the FILOT Lease (or any extension or renewal thereof) at the time performance of such obligations is required under the FILOT Lease and (ii) in connection with the foregoing obligation of the Facility Lessee set forth in clause (i), subject to clause (a) above, the Facility Lessee shall have and be entitled to exercise all rights and benefits (including the right to enter into any amendment, modification, extension, termination, variance, waiver, notice or consent or any action with respect thereto, subject to the terms and conditions of the Operative Documents) of the Owner Lessor under the FILOT Lease.

Appears in 4 contracts

Samples: Participation Agreement (Calpine Corp), Participation Agreement (Calpine Corp), Participation Agreement (Calpine Corp)

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