Common use of Direction of Interim Reimbursement Payment Amount Clause in Contracts

Direction of Interim Reimbursement Payment Amount. Project Co hereby irrevocably directs Hospital to pay the Interim Reimbursement Payment Amount to Agent or as Agent may direct as security for the Financing. Hospital shall pay the Interim Reimbursement Payment Amount as directed by Project Co and shall not accept any re-direction without the consent of Agent.

Appears in 4 contracts

Samples: Assignment of Construction Contract, Assignment of Construction Contract, Project Agreement

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