Common use of Additional Lessor Notes Clause in Contracts

Additional Lessor Notes. (a) Additional Lessor Notes (each, an "Additional Lessor Note") of the Owner Lessor may be issued under and secured by this Indenture, at any time or from time to time, in addition to the Initial Lessor Notes and subject to the conditions hereinafter provided in this Section 2.12, for cash in the amount equal to the original principal amount of such Additional Lessor Notes, for the purpose of (i) providing funds in connection with Supplemental Financing pursuant to Section 11.1 of the Participation Agreement for the payment of all or any portion of Modifications to the Facility pursuant to Section 8 of the Facility Lease, or (ii) redeeming any previously issued Lessor Notes pursuant to an optional refinancing pursuant to Section 11.2 of the Participation Agreement and providing funds for the payment of all reasonable costs and expenses in connection therewith.

Appears in 7 contracts

Samples: Mortgage and Security Agreement (Calpine Corp), Mortgage and Security Agreement (Calpine Corp), Mortgage and Security Agreement (Calpine Corp)

AutoNDA by SimpleDocs

Additional Lessor Notes. (a) Additional Lessor Notes (each, an "Additional Lessor Note") of the Owner Lessor may be issued under and secured by this Indenture, at any time or from time to time, in addition to the Initial Lessor Notes Note and subject to the conditions hereinafter provided in this Section 2.12, for cash in the amount equal to the original principal amount of such Additional Lessor Notes, for the purpose of (i) providing funds in connection with Supplemental Financing pursuant to Section 11.1 13.1 of the Participation Agreement for the payment of all or any portion of Modifications to the Facility pursuant to Section 8 of the Facility Lease, or (ii) redeeming any previously issued Lessor Notes pursuant to an optional refinancing pursuant to Section 11.2 13.2 of the Participation Agreement and providing funds for the payment of all reasonable costs and expenses in connection therewith.

Appears in 2 contracts

Samples: Trust, Mortgage and Security Agreement (PPL Montana LLC), Trust, Mortgage and Security Agreement (PPL Montana LLC)

Additional Lessor Notes. (a) Additional Lessor Notes (each, an "Additional Lessor Note") of the Owner ---------------------- Lessor may be issued under and secured by this Indenture, at any time or from time to time, in addition to the Initial Lessor Notes and subject to the conditions hereinafter provided in this Section 2.12, for cash in the amount equal to the original principal amount of such Additional Lessor Notes, for the purpose of (i) providing funds in connection with any Supplemental Financing pursuant to Section 11.1 of the Participation Agreement for the payment of all or any portion of Modifications to the Facility pursuant to Section 8 of the Facility Lease, or (ii) redeeming any previously issued Lessor Notes pursuant to an optional refinancing pursuant to Section 11.2 of the Participation Agreement and providing funds for the payment of all reasonable costs and expenses in connection therewith.

Appears in 1 contract

Samples: Leases and Rents and Security Agreement (Dynegy Danskammer LLC)

AutoNDA by SimpleDocs

Additional Lessor Notes. (a) Additional Lessor Notes (each, an "Additional Lessor Note") of the Owner Lessor may be issued under and secured by this Indenture, at any time or from time to time, in addition to the Initial Lessor Notes Note and subject to the conditions hereinafter provided in this Section 2.12, for cash in the amount equal to the original principal amount of such Additional Lessor Notes, for the purpose of (i) providing funds in connection with Supplemental Financing pursuant to Section 11.1 of the Participation Agreement for the payment of all or any portion of Modifications to the Facility Facilities pursuant to Section 8 of the Facility LeaseLeases, or (ii) redeeming any previously issued Lessor Notes pursuant to an optional refinancing pursuant to Section 11.2 of the Participation Agreement and providing funds for the payment of all reasonable costs and expenses in connection therewith.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Calpine Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.