Payment Accounts. (a) On the Issuance Date, the Delaware Trustee shall establish a Payment Account. The Delaware Trustee and any agent of the Delaware Trustee shall have exclusive control and sole right of withdrawal with respect to the Payment Accounts for the purpose of making deposits in and withdrawals from the Payment Accounts in accordance with this Agreement and the Indenture. Subject to the Indenture, all monies or other property received by the Delaware Trustee on behalf of the Trust in respect of the Collateral will be deposited in the Payment Account. All monies and other property deposited or held from time to time in the Payment Account shall be held by the Delaware Trustee in the Payment Account for the exclusive benefit of the Trust Beneficial Owner, subject to the security interest in the Collateral in favor of the Indenture Trustee on behalf of the Holders of the Series of Notes, and for distribution by the Delaware Trustee as herein provided, including (and subject to) any priority of payments provided for herein.
(b) Except for payments made on the Trust Expiration Date or otherwise pursuant to Section 7.03 of this Agreement and subject to Section 3.01(a) of this Agreement, all monies and other property deposited into the Payment Account shall be distributed by the Trust as follows: first, to the Indenture Trustee for the payment of all amounts then due and unpaid upon the Notes, if any, in accordance with the Indenture; and second, to the Trust Beneficial Owner all of the amounts that would be payable under clause first of Section 5.02 of the Indenture to the Trust Beneficial Owner if the Trust Beneficial Owner held a Note with an original principal amount of $15. Any remaining monies and other property deposited into the Payment Account shall be distributed ratably in proportion to their original principal amounts to the Holders last noted in the Register as the Holders of the Notes and the Trust Beneficial Owner (as if the Trust Beneficial Owner held a Note with an original principal amount of $15).
(c) The Delaware Trustee shall deposit in the Payment Account, promptly upon receipt, any payments received with respect to the Collateral. Amounts held in the Payment Accounts shall not be invested by the Delaware Trustee pending the distribution of such amounts to cover the Trust's obligations on the Notes or the Trust Beneficial Interest.
(d) Notwithstanding anything herein to the contrary, the Delaware Trustee, on behalf of the Trust, shall issue a stan...
Payment Accounts. By signing up for this service, you request that the identified accounts in the Application be made accessible through the Business Online Banking Service and enabled with online wire transfers access. When accounts are closed or no longer requiring the service, you must contact the bank to remove services in the form of communication deemed acceptable by us.
Payment Accounts. Any payments made pursuant to or in connection with the Contract for Difference and made to: the CfD Counterparty shall be made to such account as may be notified to the UJV Representative by the CfD Counterparty from time to time; and the Generator shall be made to such account in the United Kingdom as may be notified to the CfD Counterparty by the UJV Representative from time to time.
Payment Accounts. In the event of default in payment of lease rental, the lessee should compensate the lessor by paying interest. The rate and cumulating period are for negotiation, but you should remember ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . ( ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ " ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ").
Payment Accounts. 8.7.1 All payments to be made under this Agreement by the Buyer to the Seller shall be made in immediately available funds, so that the Seller receives credit for the full amount of such payment on the due date, to the account of the Seller at: Bank: Xxxxx Fargo Bank, N.A., New York SWIFT: PNBPUS3NNYC ABA: Chips ABA ################### Account No.: ###################### Beneficiary: Bayerische Landesbank Swift Code: XXXXXXXX Reference: xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Payment Accounts. If you have enrolled in the optional bill payment service that is offered by Security Bank, you may use Security Bank Internet Banking to initiate payments from any designated Deposit Account that is a checking account with unlimited check-writing privileges (a "Payment Account") to pay obligations owed to certain third parties in the United States, including, without limitation, any Security Bank, installment loan, or line of credit account. These types of transactions are referred to in this Agreement as "bill payments". You may initiate individual bill payments and may preauthorize recurring bill payments. You may not use the bill payment service to pay taxes, or court ordered payments where additional documentation may be required.
Payment Accounts. US Tranche Borrowings and Swingline Loans Denominated in US Dollars Other Borrowings Denominated in Designated Foreign Currencies
Payment Accounts. Payments due by the Borrower by virtue of this Agreement should be made into the Payment Account and the Agent shall be expressly and irrevocably authorised to deposit into such accounts any amounts owed by the Borrower by virtue of this Agreement.
Payment Accounts. The accounts of the Parties to which all payments made hereunder are to be submitted. The Payment Accounts shall be as each Party notifies the other Party from time to time.
Payment Accounts. Section 4.01.
