Payment Source. Capital Securities payable solely from payments made on 8% Adjustable Rate Junior Subordinated Deferrable Interest Debentures of Southern States (ranking senior to Southern States' preferred stock, common stock and all patrons' equities; subordinated to Senior Debt - virtually all of the Company's indebtedness is Senior Debt). The Junior Subordinated Debentures will have a thirty (30) year maturity. The interest rate payable on the Junior Subordinated Debentures will be adjustable in the same manner described in paragraph 5 below for the Capital Securities.
Payment Source. Any payments made to or for the account of any of the Finance Parties under any of the Senior Finance Documents (whether of principal, interest or any other sum due) by an Obligor have been or will be made from a lawful payment source in accordance with the laws of the relevant jurisdiction;
Payment Source. It is the intent of the parties that the Management Fee hereunder due shall be payable from revenues generated by the Hotel. However, it is acknowledged by the parties that in order to meet the requirements of Rev. Proc. 2017-13 and Section 1.2 hereof, should there be insufficient revenues to make a Management Fee payment when due, such payment
(i) may be paid by the Corporation from any available moneys or (ii) deferred. If deferred, such payment along with any reasonable interest or late payment fees shall be paid no later than the end of five years after the original due date of the payment, unless there is delivered to the Corporation an approving opinion of nationally recognized bond counsel that such period may be extended without adversely affecting the tax-exemption of interest on the Bonds and any other tax-exempt outstanding obligations that financed or refinanced the Hotel.
Payment Source. The Lease Payments and the Triple Net Payments shall be payable from the Tax Revenues, which are hereby pledged to the Payment Rights Purchaser pursuant to Ind. Code §5-1-14-4. Lessee may elect to pay the Lease Payments and/or the Triple Net Payments from any other revenues legally available to Lessee; provided that Lessee is not under any obligation to pay any Lease Payments and/or Triple Net Payments out of any revenues other than the Tax Revenues.
Payment Source. 6.1 You may nominate up details of at least one (1) Custodial Wallet to link to the Card as a Payment Source via the Account. In order to manage risk, we may limit the Payment Sources available for a transaction. If we limit a Payment Source, we will alert you that there is a higher-than-normal level of risk associated with the payment (for example and without limitation, a risk that the payment may be challenged to be unauthorised). Such a notice does not mean that either party to the transaction is acting in a dishonest or fraudulent manner. It means there may be a higher-than-normal level of risk associated with the payment.
Payment Source. Solely from Special Assessments levied on Improvement Area #[_] and/or net bond proceeds of the City of Dripping Springs, Texas, Special Assessment Revenue Bonds, Series 20[ ] (Heritage Public Improvement District Improvement Area #[_] Project).
Payment Source. For payments required under this Agreement, the City shall make payments to Artist solely from funds of the Airport System Fund and from no other fund or source. The City has no obligation to make payments from any other source.
Payment Source. The Installment Payments are payable: (i) first, from the Increment, which has been pledged by FRC to the payment of the Installment Payments; and
Payment Source. For payments required under this Agreement, the City shall make payments to Contractor solely from funds of the City and County of Denver Airport System Fund and from no other fund or source. The City has no obligation to make payments from any other source.
Payment Source. All payments made by Sachse under this Agreement must be made from current revenues available to Sachse.
