Common use of first (Taxes and Service Providers Clause in Contracts

first (Taxes and Service Providers. (a) first, to the Borrower for payment to the appropriate taxing authority, the amount of taxes due and payable by the Borrower prior to the next Payment Date and for which funds have not previously been withdrawn from the Collection Account and (b) second, ratably, (i) to the Paying Agent (A) the Paying Agent Fee and (B)(x) any accrued and unpaid Paying Agent Fees with respect to prior Payment Dates plus (y) out-of-pocket expenses and indemnities of the Paying Agent incurred and not reimbursed in connection with its obligations and duties under this Agreement; provided that the aggregate payments to the Paying Agent reimbursement for clauses (B)(y) will be limited to $[***] per calendar year so long as no Event of Default or Amortization Event has occurred pursuant to this Agreement (unless otherwise approved by the Majority Lenders); (ii) to the Facility Administrator, the Facility Administrator Fee, and (iii) to the Verification Agent, the Verification Agent Fee;