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), Trust Indenture (Entergy Louisiana, LLC)

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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), Trust Indenture (Entergy Louisiana, LLC)

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: Trust Indenture (Gulf States Utilities Co)

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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: Trust Indenture (Txu Energy Co LLC)

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