Collateral Trust Indenture definition
Examples of Collateral Trust Indenture in a sentence
The Guarantor acknowledges that certain of the rights of the Owner Lessor hereunder have been or shall be assigned to and may be enforced by the Indenture Trustee pursuant to the terms of the Collateral Trust Indenture (excluding, among other things, rights to Excepted Payments), the Guarantor hereby consents to such assignment and the Guarantor agrees to render performance of such assigned obligations directly to the Indenture Trustee (as assignee of the Owner Lessor).
This Agreement shall be binding upon and shall inure to the benefit of, and shall be enforceable by, the parties hereto and their respective successors and assigns as permitted by and in accordance with the terms hereof, including each successive holder of the Member Interest of the Owner Participant permitted under Section 7.1 and each successive transferee or transferees of Lessor Notes permitted under Section 2.8 of the Collateral Trust Indenture.
The Facility Lessee covenants and agrees that it shall not during the Facility Lease Term assign the Facility Lease or any other Operative Document, or any interest therein, without the prior written consent of the Owner Lessor, the Owner Participant and, so long as the Lien of the Collateral Trust Indenture has not been terminated or discharged, the Indenture Trustee and the Pass Through Trustees.
Notwithstanding the foregoing, Section 5.6 of the Collateral Trust Indenture shall not be amended without the Guarantor's consent.
The Lease Indenture Company is a national banking association duly organized, validly existing and in good standing under the laws of the United States, has the corporate power and authority, as Indenture Trustee and/or in its individual capacity to the extent expressly provided herein or in the Collateral Trust Indenture, to enter into and perform its obligations under the Collateral Trust Indenture, this Agreement and each of the other Operative Documents to which it is or will be a party.