Common use of Payment of Nuclear Material Costs Clause in Contracts

Payment of Nuclear Material Costs. (i) On the Closing, the Lessor shall pay UBS pursuant to Section 5.02 of the UBS Credit Agreement the principal amount of all loans outstanding thereunder together with accrued interest thereon to the extent not paid previously, and related costs and expenses in connection therewith. (ii) From time to time after the Closing, invoices of Manufacturers, or of other Persons performing services, covering Nuclear Material shall be forwarded to the Lessor in care of the Lessee at the Lessee's address. Upon receipt by the Lessee of an invoice covering Nuclear Material, the Lessee shall review such invoice and, upon the Lessee's approval thereof, the Lessee shall forward such invoice endorsed with the Lessee's approval to the Lessor, together with a Leasing Record completed and signed by a Lessee Representative covering such Nuclear Material. The Lessee's invoice for any cost incurred by it and includable in the Acquisition Cost of any Nuclear Material shall be forwarded to the Lessor and to the Secured Parties, together with a Leasing Record completed and signed by a Lessee Representative covering such costs. After receipt of such invoice and Leasing Record, in form and substance satisfactory to the Lessor, the Lessor, subject to the limitation on Maximum Stipulated Casualty Value of the Nuclear Material set forth in Section 4, shall pay such invoice as provided therein or in the related purchase agreement and shall execute the Leasing Record and return a copy of such Leasing Record to the Lessee and the Secured Parties. The Leasing Record shall be dated as provided for in this Lease Agreement. In the event that the Acquisition Cost of the Nuclear Material covered by any Leasing Record has been paid or incurred by the Lessee, the Lessor, subject to the limitation on Maximum Stipulated Casualty Value of the Nuclear Material set forth in Section 4 shall promptly reimburse the Lessee for the amount of the Acquisition Cost paid or incurred by the Lessee. (iii) The Lessee shall: (A) pay all costs and expenses of freight, packing, insurance, handling, storage, shipment and delivery of the Nuclear Material to the extent that the same have not been included in the Acquisition Cost, and (B) at its own cost and expense, furnish such labor, equipment and other facilities and supplies, if any, as may be required to install and erect the Nuclear Material to the extent that the cost and expense thereof have not been included in the Acquisition Cost. Such installation and erection shall be in accordance with the specifications and requirements of each Manufacturer. The Lessor shall not be liable to the Lessee for any failure or delay in obtaining Nuclear Material or making delivery thereof.

Payment of Nuclear Material Costs. (i) On the Closing, the Lessor shall pay UBS Prudential pursuant to Section 5.02 7A of the UBS Credit Prudential Agreement the principal amount of all loans outstanding thereunder together with accrued interest thereon to the extent not paid previously, and related costs and expenses in connection therewith. (ii) From time to time after the Closing, invoices of Manufacturers, or of other Persons performing services, covering Nuclear Material shall be forwarded to the Lessor in care of the Lessee at the Lessee's address. Upon receipt by the Lessee of an invoice covering Nuclear Material, the Lessee shall review such invoice and, upon the Lessee's approval thereof, the Lessee shall forward such invoice endorsed with the Lessee's approval to the Lessor, together with a Leasing Record completed and signed by a Lessee Representative covering such Nuclear Material. The Lessee's invoice for any cost incurred by it and includable in the Acquisition Cost of any Nuclear Material shall be forwarded to the Lessor and to the Secured Parties, together with a Leasing Record completed and signed by a Lessee Representative covering such costs. After receipt of such invoice and Leasing Record, in form and substance satisfactory to the Lessor, the Lessor, subject to the limitation on Maximum Stipulated Casualty Value of the Nuclear Material set forth in Section 4, shall pay such invoice as provided therein or in the related purchase agreement and shall execute the Leasing Record and return a copy of such Leasing Record to the Lessee and the Secured Parties. The Leasing Record shall be dated as provided for in this Lease Agreement. In the event that the Acquisition Cost of the Nuclear Material covered by any Leasing Record has been paid or incurred by the Lessee, the Lessor, subject to the limitation on Maximum Stipulated Casualty Value of the Nuclear Material set forth in Section 4 shall promptly reimburse the Lessee for the amount of the Acquisition Cost paid or incurred by the Lessee. (iii) The Lessee shall: (A) pay all costs and expenses of freight, packing, insurance, handling, storage, shipment and delivery of the Nuclear Material to the extent that the same have not been included in the Acquisition Cost, and (B) at its own cost and expense, furnish such labor, equipment and other facilities and supplies, if any, as may be required to install and erect the Nuclear Material to the extent that the cost and expense thereof have not been included in the Acquisition Cost. Such installation and erection shall be in accordance with the specifications and requirements of each Manufacturer. The Lessor shall not be liable to the Lessee for any failure or delay in obtaining Nuclear Material or making delivery thereof.

Payment of Nuclear Material Costs. (ia) On the Closing, the Lessor shall pay UBS Prudential pursuant to Section 5.02 7A of the UBS Credit Prudential Agreement the principal amount of all loans outstanding thereunder together with accrued interest thereon to the extent not paid previously, and related costs and expenses in connection therewith. (iib) From time to time after the Closing, invoices of Manufacturers, or of other Persons performing services, covering Nuclear Material shall be forwarded to the Lessor in care of the Lessee at the Lessee's address. Upon receipt by the Lessee of an invoice covering Nuclear Material, the Lessee shall review such invoice and, upon the Lessee's approval thereof, the Lessee shall forward such invoice endorsed with the Lessee's approval to the Lessor, together with a Leasing Record completed and signed by a Lessee Representative covering such Nuclear Material. The Lessee's invoice for any cost incurred by it and includable in the Acquisition Cost of any Nuclear Material shall be forwarded to the Lessor and to the Secured Parties, together with a Leasing Record completed and signed by a Lessee Representative covering such costs. After receipt of such invoice and Leasing Record, in form and substance satisfactory to the Lessor, the Lessor, subject to the limitation on Maximum Stipulated Casualty Value of the Nuclear Material set forth in Section 4, shall pay such invoice as provided therein or in the related purchase agreement and shall execute the Leasing Record and return a copy of such Leasing Record to the Lessee and the Secured Parties. The Leasing Record shall be dated as provided for in this Lease Agreement. In the event that the Acquisition Cost of the Nuclear Material covered by any Leasing Record has been paid or incurred by the Lessee, the Lessor, subject to the limitation on Maximum Stipulated Casualty Value of the Nuclear Material set forth in Section 4 shall promptly reimburse the Lessee for the amount of the Acquisition Cost paid or incurred by the Lessee. (iiic) The Lessee shall: (Ai) pay all costs and expenses of freight, packing, insurance, handling, storage, shipment and delivery of the Nuclear Material to the extent that the same have not been included in the Acquisition Cost, and (Bii) at its own cost and expense, furnish such labor, equipment and other facilities and supplies, if any, as may be required to install and erect the Nuclear Material to the extent that the cost and expense thereof have not been included in the Acquisition Cost. Such installation and erection shall be in accordance with the specifications and requirements of each Manufacturer. The Lessor shall not be liable to the Lessee for any failure or delay in obtaining Nuclear Material or making delivery thereof.

Payment of Nuclear Material Costs. (i) [On the Closing, the Lessor shall pay UBS pursuant to Section 5.02 Prudential the Stipulated Casualty Value (as defined in the Original Lease) of the UBS Credit Agreement the principal amount of all loans outstanding thereunder together with accrued interest thereon Nuclear Material then subject to the extent not paid previously, Original Lease and related costs and expenses in connection therewith.] (ii) From time to time after the Closing, invoices of Manufacturers, or of other Persons performing services, covering Nuclear Material shall be forwarded to the Lessor in care of the Lessee at the Lessee's address. Upon receipt by the Lessee of an invoice covering Nuclear Material, the Lessee shall review such invoice and, upon the Lessee's approval thereof, the Lessee shall forward such invoice endorsed with the Lessee's approval to the Lessor, together with a Leasing Record completed and signed by a Lessee Representative covering such Nuclear Material. The Lessee's invoice for any cost incurred by it and includable in the Acquisition Cost of any Nuclear Material shall be forwarded to the Lessor and to the Secured Parties, together with a Leasing Record completed and signed by a Lessee Representative covering such costs. After receipt of such invoice and Leasing Record, in form and substance satisfactory to the Lessor, the Lessor, subject to the limitation on Maximum Stipulated Casualty Value of the Nuclear Material set forth in Section 4, shall pay such invoice as provided therein or in the related purchase agreement and shall execute the Leasing Record and return a copy of such Leasing Record to the Lessee and the Secured Parties. The Leasing Record shall be dated as provided for in this Lease Agreement. In the event that the Acquisition Cost of the Nuclear Material covered by any Leasing Record has been paid or incurred by the Lessee, the Lessor, subject to the limitation on Maximum Stipulated Casualty Value of the Nuclear Material set forth in Section 4 shall promptly reimburse the Lessee for the amount of the Acquisition Cost paid or incurred by the Lessee. (iii) The Lessee shall: (A) pay all costs and expenses of freight, packing, insurance, handling, storage, shipment and delivery of the Nuclear Material to the extent that the same have not been included in the Acquisition Cost, and (B) at its own cost and expense, furnish such labor, equipment and other facilities and supplies, if any, as may be required to install and erect the Nuclear Material to the extent that the cost and expense thereof have not been included in the Acquisition Cost. Such installation and erection shall be in accordance with the specifications and requirements of each Manufacturer. The Lessor shall not be liable to the Lessee for any failure or delay in obtaining Nuclear Material or making delivery thereof.Secured