Obligations of the Owner Participant. The Owner Participant hereby directs the Owner Trustee to execute and deliver this Refunding Agreement and, subject to the terms and conditions of Sections 2(d) and 11(c) of the Participation Agreement and Section 3.5 of the Indenture, and subject to the Owner Trustee having received the Rent payments described in Section 3, the Owner Participant hereby agrees that, on the Refunding Date, it will execute and deliver TIA Amendment No. 2 and direct (i) the Owner Trustee to execute and deliver Supplemental Indenture No. 3 and Lease Supplement No. 3 (collectively, with this Refunding Agreement and TIA Amendment No. 2, the "Refunding Documents") in the forms of Exhibits A and B hereto, respectively, (ii) the Corporate Owner Trustee to execute Refunding Notes as contemplated by the Refunding Documents and to request the Indenture Trustee (x) to authenticate and deliver the Refunding Notes pursuant to Section 3.5 of the Indenture and (y) in view of the fact that Funding Corporation is to pledge such Refunding Notes to the Collateral Trust Trustee, to cause such Refunding Notes to be delivered directly to, and registered in the name of, the Collateral Trust Trustee and (iii) the Corporate Owner Trustee to execute and deliver all other agreements, instruments and certificates contemplated by the Transaction Documents, the Financing Documents and the Refunding Documents. Instruction and Consent. Subject to satisfaction of the terms and conditions of Section 2(d) and 11(c) of the Participation Agreement and Section 3.5 of the Indenture, (x) in accordance with Section 10.2(11) of the Indenture, the Lessee and the Owner Trustee hereby instruct the Indenture Trustee to consent, effective as of the Refunding Date, to Lease Amendment No. 3 and the Indenture Trustee hereby so consents and (y) in accordance with Section 10.1(viii) of the Indenture, the Owner Trustee and the Indenture Trustee hereby consent and agree to execute and deliver Supplemental Indenture No. 3 on the Refunding Date.
Obligations of the Owner Participant. The Owner Participant hereby directs the Owner Trustee to execute and deliver this Refunding Agreement and, subject to the terms and conditions of Sections 2(b) and 10(c) of the Participation Agreement and Section 2.05 of the Indenture, the Owner Participant hereby agrees that, on the Refunding Date, it will direct the Owner Trustee to (i) execute and deliver PA Amendment No. 1, Supplemental Indenture No. 2 and Lease Supplement Xx. 0 (xxxxxxxxxxxx, xxxx this Refunding Agreement and TIA Amendment No. 1, the "Refunding Documents") in substantially the forms of Exhibits A, B and C hereto, respectively, (ii) instruct the Indenture Trustee to consent to Lease Supplement No. 1, (iii) execute the 1997 Bonds as contemplated by the Refunding Documents and request the Indenture Trustee (x) to authenticate and deliver the 1997 Bonds pursuant to Section 2.05 of the Indenture and (y) in view of the fact that Funding Corporation is to pledge such 1997 Bonds to the Collateral Trust Trustee, cause such 1997 Bonds to be delivered directly to, and registered in the name of, the Collateral Trust Trustee, and (iv) execute and deliver all other agreements, instruments and certificates contemplated by the Transaction Documents and the Refunding Documents.
Obligations of the Owner Participant. The Owner Participant hereby directs the Owner Trustee to execute and deliver this Refunding Agreement and, subject to the terms and conditions of Sections 2(b) and 10(c) of the Participation Agreement and Section 2.05 of the Indenture, the Owner Participant hereby agrees that, on the Refunding Date, it will execute and deliver TIA Amendment No. 1 and PA Amendment No. 1 and make the payments described in Section 1.02 and direct the Owner Trustee to (i) execute and deliver PA Amendment Xx. 0, Xxxxxxxxxxxx Xxxxxxxxx No. 2 and Lease Supplement No. 1 (collectively, with this Refunding Agreement and TIA Amendment No. 1, the "Refunding Documents") in substantially the forms of Exhibits A, B and C hereto, respectively, (ii) instruct the Indenture Trustee to consent to Lease Supplement No. 1, (iii) execute the 199_ Bonds as contemplated by the Refunding Documents and to request the Indenture Trustee (x) to authenticate and deliver the 199_ Bonds pursuant to Section 2.05 of the Indenture and (y) in view of the fact that Funding Corporation is to pledge such 199_ Bonds to the Collateral Trust Trustee, to cause such 199_ Bonds to be delivered directly to, and registered in the name of, the Collateral Trust Trustee, and (iv) execute and deliver all other agreements, instruments and certificates contemplated by the Transaction Documents and the Refunding Documents.
Obligations of the Owner Participant. The Owner Participant hereby directs the Owner Trustee to execute and deliver this Refunding Agreement and the Refunding Underwriting Agreement and, subject to the terms and conditions hereof and of Sections 2 and 10(c) of the Participation Agreement and Section 2.05 of the Indenture, the Owner Participant hereby agrees that, on the Refunding Date, it will execute and deliver TIA Amendment No. 1 and PA Amendment No. 1
