Common use of FINANCING OF IMPROVEMENTS Clause in Contracts

FINANCING OF IMPROVEMENTS. Subject to SECTION 6.7 of the Participation Agreement, the Facility Lessee shall at all times have the right to finance Improvements other than through this Facility Lease. The Facility Lessee may elect to finance Improvements to the Facility through this Facility Lease in accordance with 18 SECTION 12.1 of the Participation Agreement.

Appears in 3 contracts

Samples: Facility Lease Agreement (Eme Homer City Generation Lp), Facility Lease Agreement (Eme Homer City Generation Lp), Facility Lease Agreement (Eme Homer City Generation Lp)

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FINANCING OF IMPROVEMENTS. Subject to SECTION Section 6.7 of the ----------- Participation Agreement, the Facility Lessee shall at all times have the right to finance Improvements other than through this Facility Lease. The Facility Lessee may elect to finance Improvements to the Facility through this Facility Lease in accordance with 18 SECTION Section 12.1 of the Participation Agreement.. ------------

Appears in 2 contracts

Samples: Facility Lease Agreement (Mirant Mid Atlantic LLC), Facility Lease Agreement (Mirant Mid Atlantic LLC)

FINANCING OF IMPROVEMENTS. Subject to SECTION 6.7 of the Participation Agreement, the Facility Lessee shall at all times have the right to finance Improvements other than through this Facility Lease. The Facility Lessee may elect to finance Improvements to the Facility through this Facility Lease in accordance with 18 SECTION Section 12.1 of the Participation Agreement.

Appears in 1 contract

Samples: Facility Lease Agreement (Eme Homer City Generation Lp)

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FINANCING OF IMPROVEMENTS. Subject to SECTION Section 6.7 of the Participation Agreement, the Facility Lessee shall at all times have the right to finance Improvements other than through this Facility Lease. The Facility Lessee may elect to finance Improvements to the Facility through this Facility Lease in accordance with 18 SECTION Section 12.1 of the Participation Agreement.

Appears in 1 contract

Samples: Facility Lease Agreement (Eme Homer City Generation Lp)

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