Bevel-helical speed reduction gearbox B4 applications with maximum plant availability the B4-KV-12-D

Flender/Flender Gear Units/Bevel-helical speed reduction gearbox B4

ve and maintain the value of the Subordinated Security Interest substantially similar to those in favor of Lender. In additi on, Seller authorizes Buyer to file such Uniform Commercial Code financing statem ents and to take such further action and execute such further instruments as shall reasonably be required by Buyer to confirm and continue the validity, priority, and perfection of the Subordinated Secur ity Interest. The granting of the Subordinated Security Interest shall not be to the exclusion of, nor be cons trued to limit the amount of any further claims, causes of action or other right accruing to Buyer by re ason of any Event of Default by Seller or Early Termination Date. The Subordinated Security Interest shall be 3 LA\1.2 discharged and released, and Buye shall take any steps reasonably required by Seller to effect and record such discharge and release, upon the expiration of th Term and satisfaction by Seller of all of its obligations hereunder. Seller shall reimburse Buyer fo its reasonable costs associated with the discharge and releas of the Subordinated Security Interest. Section 1.2.3 Transfer of Required Permits. The Security Documents with respect to the Subordinated Security Interest shall provide that, subject to the prior senior lien of Lenders, if Buyer acts to obtain title to the Faci lity pursuant to the exercise of remedies thereunder, Seller shall ta ke all steps necessary, to legally tran sfer all authority to dispatch the operations of each Generating Unit as required by its Required Permits to Buyer as necessary for Buyer to operate the Facility, and shall diligentl prosecute and cooperate in such transfers. Section 1.3 Debt Covenant . Seller shall not create, incu , issue, assume, guarantee or otherwise become directly or indirectly liable for, contingently or otherwise, any Sellers Debt in excess of () as of the Effective Date, $2,6,0; (ii) for the period commencing with the fifth annive