Common use of Excepted Payments Clause in Contracts

Excepted Payments. Notwithstanding any other provision of this Indenture including this Section 3 or any provision of any of the Operative Documents to the contrary, any Excepted Payments received or held by the Indenture Trustee at any time shall promptly be paid or distributed by the Indenture Trustee to the Person or Persons entitled thereto.

Appears in 10 contracts

Samples: Indenture of Trust, Mortgage and Security Agreement (Calpine Corp), Indenture of Trust, Mortgage and Security Agreement (Calpine Corp), Indenture of Trust, Deed of Trust, Assignment of Rents and Leases, Security Agreement and Financing Statement (Calpine Corp)

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Excepted Payments. Notwithstanding any other provision of this Indenture including this Section 3 or any provision of any of the Operative Documents to the contrary, any Excepted Payments received or held by the Lease Indenture Trustee at any time shall promptly be paid or distributed by the Lease Indenture Trustee to the Person or Persons entitled thereto.

Appears in 2 contracts

Samples: Indenture of Trust, Mortgage, Assignment of Leases and Rents and Security Agreement (Dynegy Danskammer LLC), Indenture of Trust, Mortgage and Security Agreement (PPL Montana LLC)

Excepted Payments. Notwithstanding any other provision of this Indenture including this Section 3 or any provision of any of the Operative Documents to the contrary, . any Excepted Payments received or held by the Lease Indenture Trustee at any time shall promptly be paid or distributed by the Lease Indenture Trustee to the Person or Persons entitled thereto.

Appears in 1 contract

Samples: Indenture of Trust, Mortgage and Security Agreement (PPL Montana LLC)

Excepted Payments. Notwithstanding any other provision of this Indenture including this Section 3 Article III or any provision of any of the Operative Documents to the contrary, any Excepted Payments received or held by the Indenture Trustee at any time shall promptly be paid or distributed by the Indenture Trustee to the Person or Persons entitled thereto.

Appears in 1 contract

Samples: Security Agreement (Firstenergy Corp)

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Excepted Payments. Notwithstanding any other provision of this Indenture including this Section Article 3 or any provision of any of the Operative Documents to the contrary, any Excepted Payments received or held by the Indenture Trustee at any time shall promptly be as soon as may be practicable paid or distributed by the Indenture Trustee to the Person or Persons entitled thereto.

Appears in 1 contract

Samples: Participation Agreement (Oglethorpe Power Corp)

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