Common use of Ground Lessee Clause in Contracts

Ground Lessee. The Ground Lessee agrees that it will not, directly or indirectly, create, incur, assume or suffer to exist any Owner Lessor's Liens on or with respect to Ground Interest or the Sites, and the Ground Lessee shall promptly notify the Ground Lessor of the imposition of any such Lien of which the Ground Lessee is aware and shall promptly, at its own expense (subject to Section 2.5 of the Lease Indenture), take such action as may be necessary to fully discharge or release any such Lien.

Appears in 2 contracts

Sources: Site Lease and Sublease Agreement (PPL Montana LLC), Site Lease and Sublease Agreement (PPL Montana LLC)