Common use of Funds as Collateral Clause in Contracts

Funds as Collateral. Any deposit made into the Project Accounts hereunder (except through clerical or other manifest error or in a manner that is otherwise inconsistent with this Agreement) shall be irrevocable and all cash, cash equivalents, Permitted Investments, instruments, and other Securities on deposit in the Project Accounts shall be subject to a Security Interest in favor of the Collateral Agent (on behalf of the Secured Parties) pursuant to the Security Agreement and shall be held by the Collateral Agent as Collateral for the benefit of the Secured Parties as provided herein.

Funds as Collateral. Any deposit made into the Project Accounts hereunder (except through clerical or other manifest error or in a manner that is otherwise inconsistent with this Agreement) shall be irrevocable and all cash, cash equivalents, Permitted Investments, instruments, investments and other Securities securities on deposit in the Project Accounts shall (other than the Excluded Accounts) shall, subject to the terms of this Agreement, be subject to a Security Interest in favor of the Collateral Agent (on behalf of the Secured Parties) Lien created pursuant to the Security Agreement this Agreement, and shall be held by the Collateral Agent Security Trustee as Collateral collateral for the benefit of the Secured Parties as provided herein.

Funds as Collateral. Any deposit made into the Project Accounts hereunder (except through clerical or other manifest error or in a manner that is otherwise inconsistent with this Agreement) shall be irrevocable and all cash, cash equivalents, Permitted Investments, instruments, and other Securities on deposit in the Project Accounts shall be subject to a Security Interest in favor of the Collateral Agent (on behalf of the Secured Parties) pursuant to the Security Agreement and shall be held by the Collateral Agent as Collateral for the benefit of the Secured Parties as provided herein.herein.‌

Funds as Collateral. Any deposit made into the Project Accounts hereunder (except through clerical or other manifest error or in a manner that is otherwise inconsistent with this Agreement) shall be irrevocable and all cash, cash equivalents, Permitted Investments, instruments, and other Securities on deposit in the Project Accounts shall be are subject to a Security Interest Lien in favor of the Collateral Agent (on behalf of the Secured Parties) pursuant to the Security Agreement Section 1.01 and shall be held by the Collateral Agent as Collateral for the benefit of the Secured Parties as provided herein.