Common use of Department Payments under the Comprehensive Agreement Clause in Contracts

Department Payments under the Comprehensive Agreement. (a) The Department will, unless directed otherwise by the Collateral Agent, deposit all amounts payable by it under the Comprehensive Agreement into the Designated Account and the Developer agrees that any payment made in accordance with this Section 2.03 will constitute a complete discharge of the Department’s relevant payment obligations under the Comprehensive Agreement. (b) The Collateral Agent acknowledges that all of the Department’s payment obligations to the Developer pursuant to the Comprehensive Agreement are subject to Section

Department Payments under the Comprehensive Agreement. (ai) The Department willshall, unless directed otherwise by the Collateral Agent, deposit all amounts payable by it under the Comprehensive Agreement into the Designated Account and the Developer Concessionaire agrees that any payment made in accordance with this Section 2.03 will shall constitute a complete discharge of the Department’s 's relevant payment obligations under the Comprehensive Agreement. (bii) The Collateral Agent acknowledges that all of the Department’s 's payment obligations to the Developer Concessionaire pursuant to the Comprehensive Agreement are subject to SectionSection 25.19 of the Comprehensive Agreement.