Definition of Powerton Leased Facility


Powerton Leased Facility means the Powerton Station, 1,538 megawatt Coal Fired Electric Generating Plant and certain related assets located in Tazewell County, Illinois and more fully described in Exhibit B to each of the Powerton Leases, together with the largely unimproved tracts of land adjacent thereto.
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Examples of Powerton Leased Facility in a sentence

Holders of Secured Obligations, as a class, shall be named as additional insureds on all liability insurance policies of Midwest and the Collateral Trustee shall be named as loss payee on all property and casualty insurance policies of Midwest (other than those maintained with respect to the Powerton Leased Facility and the Joliet Leased Facility to the extent required by the Powerton/Joliet Lease Documents).
Borrower shall make all commercially reasonable efforts to provide for the inclusion of customary assignment provisions for the benefit of the Secured Parties in any material contracts exceeding six (6) months in duration entered into in connection with the Facilities (other than the Powerton Leased Facility and the Joliet Leased Facility).
The Administrative Agent shall have received evidence that the Collateral Trustee is named as loss payee under the insurance policies of the Borrower to be maintained pursuant to Section 7.1.5 (other than insurance policies maintained with respect to the Powerton Leased Facility and the Joliet Leased Facility to the extent required by the Powerton/Joliet Lease Operative Documents).
Midwest and its Subsidiaries will make all commercially reasonable efforts to provide for the inclusion of customary assignment provisions for the benefit of the Holders of Secured Debt in any material contracts exceeding six months in duration entered into in connection with the Facilities (other than the Powerton Leased Facility or Joliet Leased Facility).