Common use of Financing Party Clause in Contracts

Financing Party. Each holder of this instrument by its acceptance hereof authorizes and directs the Lessee on its behalf to take such further action as may be necessary or appropriate to effectuate the subordination as provided herein and appoints the Lessee its attorney-in-fact for any and all such purposes. Exhibit E to the Participation Agreement [Form of Section 11.1(b)(ix) Certificate] PUNA GEOTHERMAL VENTURE

Appears in 2 contracts

Sources: Participation Agreement (Ormat Technologies, Inc.), Participation Agreement (Ormat Technologies, Inc.)