Common use of Method of Payments Clause in Contracts

Method of Payments. The Owner Trustee shall make distributions or cause distributions to be made to the Owner Participant pursuant to this Article IV by transferring by wire transfer the amount to be distributed to such account or accounts of the Owner Participant as the Owner Participant may designate from time to time in writing to the Owner Trustee. The Owner Trustee agrees to attempt to cause any such funds received thereby to be transferred by wire transfer of immediately available funds on the same day as received (but in any event not later than the next succeeding Business Day). To the extent that same day re-transmission is not possible, the Owner Trustee will use commercially reasonable efforts to invest such funds overnight, for the Owner Participant's benefit, in any investment vehicle or interest bearing account previously approved or designated in writing by the Owner Participant. Notwithstanding the foregoing, the Owner Trustee will, if so requested by the Owner Participant in writing, pay any or all amounts payable to the Owner Participant pursuant to this Article IV either (i) by crediting such amount or amounts to an account or accounts maintained by the Owner Participant with the Owner Trustee in its individual capacity in immediately available funds, (ii) by payment at the trust office of the Owner Trustee (the trust office of the Owner Trustee shall be the principal corporate trust office of the Owner Trustee at 00 Xxxxx Xxxx Xxxxxx, Xxxx Xxxx Xxxx, Xxxx 00000, Attention: Corporate Trust Department, or the principal corporate trust office of any successor Owner Trustee), in immediately available funds, or (iii) by mailing an official bank check or checks in such amount or amounts payable to the Owner Participant at such address as the Owner Participant shall have designated in writing to the Owner Trustee. Subject to Section 4.01, the Owner Trustee shall, when and as instructed in writing by the Owner Participant, direct the Indenture Trustee to pay all such amounts otherwise payable to the Owner Trustee by the Indenture Trustee pursuant to the Trust Indenture directly to the Owner Participant.

Method of Payments. The Owner Trustee shall make ------------------ distributions or cause distributions to be made to (i) the Owner Participant pursuant to this Article IV by transferring by wire transfer in immediately available funds the amount to be distributed to the account designated in Schedule II to the Participation Agreement under the heading "Owner Participant" or such account or accounts of the Owner Participant as the Owner Participant it may designate from time to time in writing by written notice to the Owner Trustee. The Trustee (and the Owner Trustee agrees to attempt shall use reasonable efforts to cause any such funds received thereby to be transferred by wire transfer of immediately available funds on the same day as received (received, but in any event case not later than the next succeeding Business Day). To , and (ii) the extent Indenture Trustee pursuant to this Article IV by paying the amount to be distributed to the Indenture Trustee in the manner specified in the Indenture; provided, however, that same day re-transmission is not possible, the Owner Trustee will shall use commercially reasonable -------- ------- its best efforts to invest such funds overnight, for the benefit of the Owner Participant's benefit, in any investment vehicle or interest bearing account previously approved or designated investments that would be permitted by Section 15 of the Lease (but only to the extent such investments are available and, if such investments are not available, then in writing such other investments available to the Owner Trustee which, after consultation with the Owner Participant, the Owner Participant shall direct), all funds not transferred by the Owner ParticipantTrustee by wire transfer on the same day as they were received. Notwithstanding the foregoingforegoing but subject always to the provisions of and Lien created by the Indenture, the Owner Trustee will, if so requested by the Owner Participant in writingby written notice, pay any or and all amounts payable by the Owner Trustee hereunder to the Owner Participant pursuant to this Article IV either (i) by crediting crediting, or causing the Indenture Trustee to credit, such amount or amounts to an account or accounts maintained by the Owner Participant with as it may designate from time to time by written notice to the Owner Trustee in its individual capacity in immediately available funds, (ii) by payment at the trust office of the Owner Trustee (the trust office of the Owner Trustee shall be the principal corporate trust office of the Owner Trustee at 00 Xxxxx Xxxx Xxxxxx, Xxxx Xxxx Xxxx, Xxxx 00000, Attention: Corporate Trust Department, or the principal corporate trust office of any successor Owner Trustee), in immediately available funds, or (iiiii) by mailing mailing, or causing the Indenture Trustee to mail, an official bank check or checks in such amount or amounts payable to the Owner Participant at such address as the Owner Participant shall have designated in writing to the Owner Trustee. Subject to Section 4.01, the Owner Trustee shall, when and as instructed in writing by the Owner Participant, direct the Indenture Trustee to pay all such amounts otherwise payable to the Owner Trustee by the Indenture Trustee pursuant to the Trust Indenture directly to the Owner Participant.

Method of Payments. The Owner Trustee shall make distributions or cause distributions to be made to the Owner Participant pursuant to this Article IV by transferring by wire transfer in immediately available funds the amount to be distributed to such account or accounts of the Owner Participant as the Owner Participant it may designate from time to time in writing by written notice to the Owner Trustee. The Trustee (and the Owner Trustee agrees to attempt shall use reasonable efforts to cause any such funds received thereby to be transferred by wire transfer of immediately available funds on the same day as received (received, but in any event case not later than the next succeeding Business Day). To the extent ; provided, however, that same day re-transmission is not possible, the Owner Trustee will shall use commercially reasonable its best efforts to invest such funds overnight, for the benefit of the Owner Participant's benefit, in any investment vehicle or interest bearing account previously approved or designated investments that would be permitted by Section 15 of the Lease (but only to the extent such investments are available and, if such investments are not available, then in writing such other investments available to the Owner Trustee which, after consultation with the Owner Participant, the Owner Participant shall direct), all funds not transferred by the Owner ParticipantTrustee by wire transfer on the same day as they were received. Notwithstanding the foregoing, the Owner Trustee will, if so requested by the Owner Participant in writingby written notice, pay any or and all amounts payable by the Owner Trustee hereunder to the Owner Participant pursuant to this Article IV either (i) by crediting such amount or amounts to an account or accounts maintained by the Owner Participant with as it may designate from time to time by written notice to the Owner Trustee in its individual capacity Trustee, in immediately available funds, (ii) by payment at the trust office of the Owner Trustee (the trust office of the Owner Trustee shall be the principal corporate trust office of the Owner Trustee at 00 Xxxxx Xxxx Xxxxxx79 South Main Street, Xxxx Xxxx XxxxSalt Lake City, Xxxx 00000Utah 84111, Attention: Corporate Trust DepartmentCorporaxx Xxxxx Xxxxxxxxxx, or the principal corporate xx xxx xxxxxxxxx xxxxxxxxx trust office of any successor Owner Trustee), in immediately available funds, or (iii) by mailing an official bank check or checks in such amount or amounts payable to the Owner Participant at such address as the Owner Participant shall have designated in writing to the Owner Trustee. Subject to Section 4.01, the Owner Trustee shall, when and as instructed in writing by the Owner Participant, direct the Indenture Trustee to pay all such amounts otherwise payable to the Owner Trustee by the Indenture Trustee pursuant to the Trust Indenture directly to the Owner Participant.

Method of Payments. The Owner Trustee shall make ------------------ distributions or cause distributions to be made to (i) the Owner Participant pursuant to this Article IV by transferring by wire transfer in immediately available funds the amount to be distributed to the account designated in Schedule II to the Participation Agreement under the heading "Owner Participant" or such other account or accounts of the Owner Participant as the Owner Participant it may designate from time to time in writing by written notice to the Owner Trustee. The Trustee (and the Owner Trustee agrees to attempt shall use reasonable efforts to cause any such funds received thereby to be transferred by wire transfer of immediately available funds on the same day as received (received, but in any event case not later than the next succeeding Business Day). To , and (ii) the extent Indenture Trustee pursuant to this Article IV by paying the amount to be distributed to the Indenture Trustee in the manner specified in the Indenture; provided, however, that same day re-transmission is not possible, the Owner Trustee will --------- -------- shall use commercially reasonable its best efforts to invest such funds overnight, for the benefit of the Owner Participant's benefit, in any investment vehicle or interest bearing account previously approved or designated investments that would be permitted by Section 15 of the Lease (but only to the extent such investments are available and, if such investments are not available, then in writing such other investments available to the Owner Trustee which, after consultation with the Owner Participant, the Owner Participant shall direct), all funds not transferred by the Owner ParticipantTrustee by wire transfer on the same day as they were received. Notwithstanding the foregoingforegoing but subject always to the provisions of and Lien created by the Indenture, the Owner Trustee will, if so requested by the Owner Participant in writingby written notice, pay any or and all amounts payable by the Owner Trustee hereunder to the Owner Participant pursuant to this Article IV either (i) by crediting crediting, or causing the Indenture Trustee to credit, such amount or amounts to an account or accounts maintained by the Owner Participant with as it may designate from time to time by written notice to the Owner Trustee in its individual capacity in immediately available funds, (ii) by payment at the trust office of the Owner Trustee (the trust office of the Owner Trustee shall be the principal corporate trust office of the Owner Trustee at 00 Xxxxx Xxxx Xxxxxx, Xxxx Xxxx Xxxx, Xxxx 00000, Attention: Corporate Trust Department, or the principal corporate trust office of any successor Owner Trustee), in immediately available funds, or (iiiii) by mailing mailing, or causing the Indenture Trustee to mail, an official bank check or checks in such amount or amounts payable to the Owner Participant at such address as the Owner Participant shall have designated in writing to the Owner Trustee. Subject to Section 4.01, the Owner Trustee shall, when and as instructed in writing by the Owner Participant, direct the Indenture Trustee to pay all such amounts otherwise payable to the Owner Trustee by the Indenture Trustee pursuant to the Trust Indenture directly to the Owner Participant.

Method of Payments. The Owner Trustee shall make distributions or cause distributions to be made to (i) the Owner Participant pursuant to this Article IV by transferring by wire transfer in immediately available funds the amount to be distributed to such account or accounts of the Owner Participant as the Owner Participant it may designate from time to time in writing by written notice to the Owner Trustee. The Trustee (and the Owner Trustee agrees to attempt shall use reasonable efforts to cause any such funds received thereby to be transferred by wire transfer of immediately available funds on the same day as received (received, but in any event case not later than the next succeeding Business Day). To , and (ii) the extent Indenture Trustee pursuant to this Article IV by paying the amount to be distributed to the Indenture Trustee in the manner specified in the Trust Indenture; provided, however, that same day re-transmission is not possible, the Owner Trustee will shall use commercially reasonable its best efforts to invest such funds overnight, for the benefit of the Owner Participant's benefit, in any investment vehicle or interest bearing account previously approved or designated investments that would be permitted by Section 15 of the Lease (but only to the extent such investments are available and, if such investments are not available, then in writing such other investments available to the Owner Trustee which, after consultation with the Owner Participant, the Owner Participant shall direct), all funds not transferred by the Owner ParticipantTrustee by wire transfer on the same day as they were received. Notwithstanding the foregoingforegoing but subject always to the provisions of and Lien created by the Trust Indenture, the Owner Trustee will, if so requested by the Owner Participant in writingby written notice, pay any or and all amounts payable by the Owner Trustee hereunder to the Owner Participant pursuant to this Article IV either (i) by crediting crediting, or causing the Indenture Trustee to credit, such amount or amounts to an account or accounts maintained by the Owner Participant with the Owner Trustee in its individual capacity in immediately available funds, (ii) by payment at the trust office of the Owner Trustee (the trust office of the Owner Trustee shall be the principal corporate trust office of the Owner Trustee at 00 Xxxxx Xxxx Xxxxxx, Xxxx Xxxx Xxxx, Xxxx 00000, Attention: Corporate Trust Department, or the principal corporate trust office of any successor Owner Indenture Trustee), as the case may be, in immediately available funds, or (iiiii) by mailing mailing, or causing the Indenture Trustee to mail, an official bank check or checks in such amount or amounts payable to the Owner Participant at such address as the Owner Participant shall have designated in writing to the Owner Trustee. Subject to Section 4.01, the Owner Trustee shall, when and as instructed in writing by the Owner Participant, direct the Indenture Trustee to pay all such amounts otherwise payable to the Owner Trustee by the Indenture Trustee pursuant to the Trust Indenture directly to the Owner Participant.

Method of Payments. The Owner Trustee shall make ------------------ distributions or cause distributions to be made to (i) the Owner Participant pursuant to this Article IV by transferring by wire transfer in immediately available funds the amount to be distributed to the account designated in Schedule II to the Participation Agreement under the heading "Owner Participant" or such other account or accounts of the Owner Participant as the Owner Participant it may designate from time to time in writing by written notice to the Owner Trustee. The Trustee (and the Owner Trustee agrees to attempt shall use reasonable efforts to cause any such funds received thereby to be transferred by wire transfer of immediately available funds on the same day as received (received, but in any event case not later than the next succeeding Business Day). To , and (ii) the extent Indenture Trustee pursuant to this Article IV by paying the amount to be distributed to the Indenture Trustee in the manner specified in the Indenture; provided, however, that same day re-transmission is not possible, the Owner Trustee will -------- ------- shall use commercially reasonable its best efforts to invest such funds overnight, for the benefit of the Owner Participant's benefit, in any investment vehicle or interest bearing account previously approved or designated investments that would be permitted by Section 15 of the Lease (but only to the extent such investments are available and, if such investments are not available, then in writing such other investments available to the Owner Trustee which, after consultation with the Owner Participant, the Owner Participant shall direct), all funds not transferred by the Owner ParticipantTrustee by wire transfer on the same day as they were received. Notwithstanding the foregoingforegoing but subject always to the provisions of and Lien created by the Indenture, the Owner Trustee will, if so requested by the Owner Participant in writingby written notice, pay any or and all amounts payable by the Owner Trustee hereunder to the Owner Participant pursuant to this Article IV either (i) by crediting crediting, or causing the Indenture Trustee to credit, such amount or amounts to an account or accounts maintained by the Owner Participant with as it may designate from time to time by written notice to the Owner Trustee in its individual capacity in immediately available funds, (ii) by payment at the trust office of the Owner Trustee (the trust office of the Owner Trustee shall be the principal corporate trust office of the Owner Trustee at 00 Xxxxx Xxxx Xxxxxx, Xxxx Xxxx Xxxx, Xxxx 00000, Attention: Corporate Trust Department, or the principal corporate trust office of any successor Owner Trustee), in immediately available funds, or (iiiii) by mailing mailing, or causing the Indenture Trustee to mail, an official bank check or checks in such amount or amounts payable to the Owner Participant at such address as the Owner Participant shall have designated in writing to the Owner Trustee. Subject to Section 4.01, the Owner Trustee shall, when and as instructed in writing by the Owner Participant, direct the Indenture Trustee to pay all such amounts otherwise payable to the Owner Trustee by the Indenture Trustee pursuant to the Trust Indenture directly to the Owner Participant.

Method of Payments. The Owner Trustee shall make distributions or cause distributions to be made to (i) the Owner Participant pursuant to this Article IV by transferring by wire transfer in immediately available funds the amount to be distributed to such account or accounts of the Owner Participant as the Owner Participant it may designate from time to time in writing by written notice to the Owner Trustee. The Trustee (and the Owner Trustee agrees to attempt shall use reasonable efforts to cause any such funds received thereby to be transferred by wire transfer of immediately available funds on the same day as received (received, but in any event case not later than the next succeeding Business Day). To , and (ii) the extent Indenture Trustee pursuant to this Article IV by paying the amount to be distributed to the Indenture Trustee in the manner specified in the Trust Indenture; provided, however, that same day re-transmission is not possible, the Owner Trustee will shall use commercially reasonable its best efforts to invest such funds overnight, for the benefit of the Owner Participant's benefit, in any investment vehicle or interest bearing account previously approved or designated investments that would be permitted by Section 15 of the Lease (but only to the extent such investments are available and, if such investments are not available, then in writing such other investments available to the Owner Trustee which, after consultation with the Owner Participant, the Owner Participant shall direct), all funds not transferred by the Owner ParticipantTrustee by wire transfer on the same day as they were received. Notwithstanding the foregoingforegoing but subject always to the provisions of and Lien created by the Trust Indenture, the Owner Trustee will, if so requested by the Owner Participant in writingby written notice, pay any or and all amounts payable by the Owner Trustee hereunder to the Owner Participant pursuant to this Article IV either (i) by crediting crediting, or causing the Indenture Trustee to credit, such amount or amounts to an account or accounts maintained by the Owner Participant with as it may designate from time to time by written notice to the Owner Trustee in its individual capacity in immediately available funds, (ii) by payment at the trust office of the Owner Trustee (the trust office of the Owner Trustee shall be the principal corporate trust office of the Owner Trustee at 00 Xxxxx Xxxx Xxxxxx, Xxxx Xxxx Xxxx, Xxxx 00000, Attention: Corporate Trust Department, or the principal corporate trust office of any successor Owner Trustee), in immediately available funds, or (iiiii) by mailing mailing, or causing the Indenture Trustee to mail, an official bank check or checks in such amount or amounts payable to the Owner Participant at such address as the Owner Participant shall have designated in writing to the Owner Trustee. Subject to Section 4.01, the Owner Trustee shall, when and as instructed in writing by the Owner Participant, direct the Indenture Trustee to pay all such amounts otherwise payable to the Owner Trustee by the Indenture Trustee pursuant to the Trust Indenture directly to the Owner Participant.