Payment by Operations Co Sample Clauses
Payment by Operations Co. Operations Co will pay to the Authority on demand any amounts of which the Authority has been notified by the Design-Builder pursuant to Sections 3.3 and 3.4 and that were paid by the Authority or a Proposed Substitute to the Design-Builder pursuant to this Design-Builder Collateral Agreement. Any such amounts will constitute amounts due and payable by Operations Co to the Authority under this Design-Builder Collateral Agreement.
Payment by Operations Co. Operations Co will pay to the Authority on demand any amounts of which the Authority has been notified by the Service Provider pursuant to Sections 3.3 and 3.4 and that were paid by the Authority or a Proposed Substitute to the Service Provider pursuant to this Service Provider Collateral Agreement. Any such amounts will constitute amounts due and payable by Operations Co to the Authority under this Service Provider Collateral Agreement.