Common use of Administration Expenses Clause in Contracts

Administration Expenses. It is understood and agreed that pursuant to the provisions of Sections 5.4 and 5.6 of the Loan Agreement, the Company agrees to pay the Administration Expenses of the Issuer. All such payments under the Loan Agreement which are received by the Trustee shall not be paid into the Bond Fund, but shall be segregated by the Trustee and expended solely for the purpose for which such payments are received.

Appears in 3 contracts

Samples: Trust Indenture (Entergy Louisiana, LLC), Trust Indenture (Entergy Louisiana, LLC), Entergy Louisiana, LLC

AutoNDA by SimpleDocs

Administration Expenses. It is understood and agreed that pursuant to the provisions of Sections 5.4 and 5.6 of the Loan Agreement, the Company agrees to pay the Administration Expenses of the IssuerAuthority. All such payments under the Loan Agreement which are received by the Trustee shall not be paid into the Bond Fund, but shall be segregated by the Trustee and expended solely for the purpose for which such payments are received.

Appears in 2 contracts

Samples: Trust Indenture (Entergy Louisiana, LLC), Agreement (Entergy Louisiana, LLC)

Administration Expenses. It is understood and agreed that pursuant to the provisions of Sections 5.4 5.05, 6.01 and 5.6 6.02 of the Loan Agreement, the Company agrees to pay the Administration Expenses of the IssuerExpenses. All such payments under the Loan Agreement which are received by the Trustee shall not be paid into the Bond Fund, but shall be segregated by the Trustee and expended solely for the purpose for which such payments are received. No Administration Expenses shall be paid from amounts drawn under the Letter of Credit.

Appears in 1 contract

Samples: Txu Energy Co LLC

AutoNDA by SimpleDocs

Administration Expenses. It is understood and agreed that pursuant to the provisions of Sections 5.4 and 5.6 Section 4.5 of the Loan Refunding Agreement, the Company agrees to pay the Administration Expenses of the Issuer. All such payments under the Loan Refunding Agreement which are received by the Trustee shall not be paid into the Bond Fund, but shall be segregated by the Trustee and expended solely for the purpose for which such payments are received.

Appears in 1 contract

Samples: Gulf States Utilities Co

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!