Multi-Purpose Payment Account Clause Samples

Multi-Purpose Payment Account. The Borrower shall deposit, and shall use reasonable efforts to cause to be deposited, in the Multi-Purpose Payment Account: (i) all Build-Out Amounts payable to the Project Company under the Build-Out Agreement and received by the Borrower after application of the provisions of the Applicable LLC Agreements; and (ii) any payments payable to the Project Company from Turbine Supplier as compensation for the turbines failing to be certified at a 13.6 MW level (for power mode) and received by the Borrower after application of the provisions of the Applicable LLC Agreements.