Department Payments under the Second ARCA Sample Clauses

Department Payments under the Second ARCA. (a) With the exception of Future Borrower Damages, the Department will, unless directed otherwise by the Collateral Agent, deposit all amounts payable by it under the Second ARCA (other than the 395 Public Funds Amount, which the Department shall deposit into the Department Funding Sub-Account, and other than Xxxx Ex Department Committed Contingency, which, at the option of the Department, in its sole discretion, may be netted by the Concessionaire as a deduction from the Final Permit Fee Buyout Payment) into the Revenue Account and the Concessionaire 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 Second ARCA.
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Department Payments under the Second ARCA. (a) The Department will, unless directed otherwise by the Collateral Agent, deposit all amounts payable by it under the Second ARCA into the Revenue Account and the Concessionaire 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 Second ARCA.
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