Synthetic Lease Documents Sample Clauses

Synthetic Lease Documents. There shall occur an Event of Default (as defined in the Participation Agreement) under the Participation Agreement; or
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Synthetic Lease Documents. (i) The transactions evidenced by the Synthetic Lease Documents shall have been unwound and/or amended in a manner satisfactory to the Agents and the Tranche A Agent; (ii) the Owner Trusts shall have become Subsidiaries of RRI; (iii) all transfer taxes due in connection with the unwinding and/or restructuring of the Synthetic Lease Documents have been paid or no such taxes shall be due; and (iv) all documents relating to such unwinding and/or restructuring (including legal opinions) shall have been executed and delivered to the satisfaction of the Tranche A Agent.
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Synthetic Lease Documents. 66 SECTION 10 Negative Covenants
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Synthetic Lease Documents. The Borrower will, and will cause its Subsidiaries to, use commercially reasonable efforts to cause the lenders under and the other parties to the Synthetic Lease Documents to terminate the Synthetic Lease Documents promptly following the Closing Date (other than any obligations, covenants and agreements that by their terms expressly survive the termination of such Synthetic Lease Documents) to the extent not terminated on the Closing Date. The Borrower will deliver evidence of such termination to the Administrative Agent promptly following receipt thereof.
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Synthetic Lease Documents. The Administrative Agent shall have received duly executed copies of the Synthetic Lease Documentation, including the Synthetic Lease Amendment, in form and substance reasonably acceptable to the Administrative Agent. The Administrative Agent shall notify the Borrowers and the Lenders of the Effective Date, and such notice shall be conclusive and binding. After the Effective Date, the Administrative Agent shall make available to the Lenders executed versions of the Loan Documents. Notwithstanding the foregoing, neither this Agreement nor the obligations of the Lenders to make Loans and of any Issuing Bank to issue Letters of Credit hereunder shall become effective unless each of the foregoing conditions is satisfied (or waived pursuant to Section 9.02) at or prior to 2:00 p.m., New York time, on May 6, 2010 (and, in the event such conditions are not so satisfied or waived, the Commitments shall terminate at such time).
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Related to Synthetic Lease Documents

  • Synthetic Lease Any lease of goods or other property, whether real or personal, which is treated as an operating lease under GAAP and as a loan or financing for U.S. income tax purposes.

  • Operating Lease Obligations On the Effective Date, none of the Loan Parties has any Operating Lease Obligations other than the Operating Lease Obligations set forth on Schedule 6.01(q).

  • Lease Documents All leases, lease addendum, lease amendments, subleases, commencement verification letters, and any other letter agreements related thereto.

  • Capital Lease Obligations With respect to any Person, the obligations of such Person to pay rent or other amounts under any Capitalized Lease.

  • Capitalized Lease Obligations Sale and Leaseback Transactions, export credit facilities with a maturity of at least one year and Purchase Money Indebtedness of, including Guarantees of any of the foregoing by, the Issuer and/or any Restricted Subsidiary, in an aggregate principal amount at any one time outstanding not to exceed U.S.$1 billion;

  • Operative Documents The RFP, which is attached hereto as Appendix 1, and the Proposal, is attached hereto as Appendix 2, are incorporated herein and are made part of this Agreement. With regard to the governance of such documents, it is agreed that:

  • Lease Obligations The Company shall not, and shall not suffer or permit any Subsidiary to, create or suffer to exist any obligations for the payment of rent for any property under lease or agreement to lease, except for:

  • Operating Leases Not permit the aggregate amount of all rental payments under Operating Leases made (or scheduled to be made) by the Loan Parties (on a consolidated basis) to exceed $1,000,000 in any Fiscal Year.

  • Existing Leases To Seller’s knowledge, (i) other than the Leases listed in the Rent Roll, Seller has not entered into any contract or agreement with respect to the occupancy of the Property or any portion or portions thereof which will be binding on Purchaser after the Closing; (ii) the copies of the Leases heretofore delivered by Seller to Purchaser are true, correct and complete copies thereof; and (iii) the Leases have not been amended except as evidenced by amendments similarly delivered and constitute the entire agreement between Seller and the tenants thereunder.

  • Loan Agreements Notwithstanding any term hereof (or any term of the UCC that might otherwise be construed to be applicable to a “securities intermediary” as defined in the UCC) to the contrary, none of the Collateral Agent, the Collateral Custodian nor any securities intermediary shall be under any duty or obligation in connection with the acquisition by the Borrower, or the grant by the Borrower to the Collateral Agent, of any Loan Asset in the nature of a loan or a participation in a loan to examine or evaluate the sufficiency of the documents or instruments delivered to it by or on behalf of the Borrower under the related Loan Agreements, or otherwise to examine the Loan Agreements, in order to determine or compel compliance with any applicable requirements of or restrictions on transfer (including without limitation any necessary consents). The Collateral Custodian shall hold any Instrument delivered to it evidencing any Loan Asset granted to the Collateral Agent hereunder as custodial agent for the Collateral Agent in accordance with the terms of this Agreement.

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