The Lessor Notes. Each of the conditions precedent contained in the Lease Indenture shall have been satisfied or waived and the Lender shall have purchased the Initial Lessor Notes pursuant to, and in accordance with, the terms thereof.
Appears in 5 contracts
Sources: Participation Agreement (Eme Homer City Generation Lp), Participation Agreement (Eme Homer City Generation Lp), Participation Agreement (Eme Homer City Generation Lp)