Definition of Powerton/Joliet Lease Intercompany Notes


Powerton/Joliet Lease Intercompany Notes means, collectively, the Powerton Lease Intercompany Notes and the Joliet Lease Intercompany Notes.

Examples of Powerton/Joliet Lease Intercompany Notes in a sentence

Any of the Powerton/Joliet Lease Guarantees or the Powerton/Joliet Lease Intercompany Notes is declared unenforceable or is terminated, or EME or any Powerton/Joliet Trust shall assert that any of the Powerton/Joliet Lease Guarantees or the Powerton/Joliet Intercompany Notes to which it is a party shall no longer be in full force and effect.
Collateral Trustee shall be entitled (but shall not be obligated) to exercise all rights of the "Lender" under each of the Powerton/Joliet Lease Intercompany Notes to the exclusion of the Obligor (including, (i) the right to accelerate the maturity of such Powerton/Joliet Lease Intercompany Note in accordance with Section 8 thereof and (ii) the right to consent to any assignment of the obligations of the "Borrower" under such Powerton/Joliet Lease Intercompany Note in accordance with Section 11 thereof).