Common use of Lease by Company Clause in Contracts

Lease by Company. The Company (or a subsidiary of the Company) may, subject to the provisions of Sections 4.11 and 4.12, lease the Project Facilities, in whole or in part, to one or more Persons, provided that:

Appears in 6 contracts

Samples: Exempt Facilities Loan Agreement (PPL Electric Utilities Corp), Exempt Facilities Loan Agreement (PPL Energy Supply LLC), Series 2009c Exempt Facilities Loan Agreement (PPL Energy Supply LLC)

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Lease by Company. The Company (or a subsidiary of the Company) may, subject to the provisions of Sections Section 4.11 and Section 4.12, lease the Project Facilities, in whole or in part, to one or more Persons, provided that:

Appears in 2 contracts

Samples: Exempt Facilities Loan Agreement (Allegheny Energy, Inc), Exempt Facilities Loan Agreement (Allegheny Energy, Inc)

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