Credit for Amounts on Deposit. In the event of Prepayment of the principal components of the Lease Payments and Additional Rent in full pursuant to this Article X, such that the Trust Agreement shall be discharged by its terms as a result of such Prepayment, all amounts then on deposit in the Lease Payment Fund or the Insurance and Condemnation Fund shall be credited towards the amounts then required to be so prepaid.
Appears in 4 contracts
Samples: Lease Purchase Agreement, Lease Purchase Agreement, Lease Purchase Agreement
Credit for Amounts on Deposit. In the event of Prepayment prepayment of the principal components of the Lease Payments and Additional Rent in full pursuant to under this Article X, such that the Trust Agreement shall be discharged by its terms as a result of such Prepaymentprepayment, all remaining amounts then on deposit in the Lease Payment Fund or the Insurance and Condemnation Reserve Fund shall be credited towards the amounts then required to be so prepaid.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
Credit for Amounts on Deposit. In the event of Prepayment prepayment of the principal components of the Lease Payments and Additional Rent in full pursuant to under this Article X, X such that the Trust Agreement shall be discharged by its terms as a result of such Prepaymentprepayment, all amounts then on deposit in the Lease Payment Fund or the Insurance and Condemnation Fund shall be credited towards toward the amounts then required to be so prepaid.
Appears in 2 contracts
