Accounts; Application of Funds in Accounts. (a) On or prior to the Closing Date, the Borrower shall cause the Accounts to be established at Depositary. The Borrower shall, or shall cause, all Actual Net Cash Flows paid to the Borrower by a Partnership Managing Member, Lessor Managing Member or Lessor of a Subject Fund to be deposited in the Revenue Account.
Appears in 4 contracts
Samples: Accession Agreement (Solarcity Corp), Accession Agreement (Solarcity Corp), Loan Agreement (Solarcity Corp)
Accounts; Application of Funds in Accounts. (a) On or prior to the Closing Date, the Borrower shall cause the Depositary Accounts to be established at Depositary. The Borrower shall, or shall cause, all Actual Net Cash Flows paid to Depositary and the Borrower by a Partnership Managing Member, Lessor Managing Member or Lessor of a Subject Fund Collections Account to be deposited in established at the Revenue AccountAccount Bank.
Appears in 3 contracts
Samples: Loan Agreement (Vivint Solar, Inc.), Loan Agreement (Vivint Solar, Inc.), Loan Agreement (Vivint Solar, Inc.)
Accounts; Application of Funds in Accounts. (a) On or prior to the Closing Date, the Borrower shall cause the Accounts to be established at Depositary. The Borrower shall, or shall cause, all Actual Net Cash Flows Periodic Rents paid to Borrower under the Borrower by a Partnership Managing Member, Lessor Managing Member or Lessor of a Subject Fund Master Lease to be deposited in the Revenue Collection Account.
Appears in 2 contracts
Samples: Loan Agreement (Solarcity Corp), Loan Agreement (Solarcity Corp)
