Payment to Trustee. On the dates set forth in Schedule A to Exhibit I (Notice of Terms), commencing on the date set forth in Schedule A to Exhibit I, the School District shall deposit or cause to be deposited with the Trustee the full amount of the payment due on the School District Bonds on such dates, respectively; provided, however, that the School District agrees to pay the amount due on such initial payment date on or before the date of issuance of the Authority Bonds or on such other date as may be set forth in Schedule A to Exhibit I. Amounts so deposited by the School District prior to the payment date for the Authority Bonds shall be invested by the Trustee at the direction of the Authority. Investment earnings on such amounts shall accrue to the benefit of the School District and shall be paid to the School District at the direction of the Authority in accordance with Section 3.10 hereof.
Payment to Trustee. Except as otherwise expressly provided to the contrary in this Section 12, and if Tenant Restores the Improvements and there is a Mortgage encumbering the Lease, then any insurer paying compensation in excess of One Million and No/100 Dollars ($1,000,000.00), as Indexed (or any lesser amount if required by any Mortgagee), under any all-risk or earthquake insurance policy required to be carried hereunder shall pay such proceeds to the Mortgagee that is the holder of any Mortgage which is the most senior lien against the Improvements or an insurance trustee reasonably acceptable to Landlord designated by such Mortgagee, for purposes of Restoration only. If there is no Mortgage encumbering the Lease, then the insurance proceeds shall be paid to a trustee (which shall be a bank or trust company) designated by Landlord within twenty (20) days after written request by Tenant, having an office in San Xxxx. Unless agreed otherwise by the Parties, and subject to the requirements of any Mortgagee, the insurer shall pay insurance proceeds of One Million and No/100 Dollars ($1,000,000.00) as Indexed or less directly to Tenant for purposes of Restoration in accordance with this Lease. If the funds are paid to a trustee in accordance herewith, the trustee shall hold all insurance proceeds in an interest-bearing federally insured account (with interest added to the proceeds). However, such trustee or Mortgagee shall pay to Tenant, from time to time as the work of rebuilding, Restoration and repair shall progress, in amounts designated by certification, by architects licensed to do business in the State, showing the application of such amounts as payment for such repairs, rebuilding and Restoration. If there is no Mortgage encumbering the Lease and a trustee is holding the proceeds, the Landlord shall instruct the trustee to pay Tenant the cost of any emergency repairs necessitated by the event of damage or destruction in advance of the actual Restoration within thirty (30) days of such request. The trustee or Mortgagee, as the case may be, shall be required to make such payments upon satisfaction that the amount necessary to provide for Restoration or repair of any buildings and other Improvements destroyed or damaged, which may exceed the amount received upon such policies, has been provided by the insured for such purposes and its application for such purposes is assured. Payment to Tenant shall not be construed as relieving the Tenant from the necessity of repairing s...
Payment to Trustee. In furtherance of the assignment made in accordance with Section 8.1 hereof and in the Indenture, the JEPA hereby directs the City, and the City hereby agrees, so long as the Bonds are Outstanding under the Indenture, to pay to the Trustee at the Trustee’s corporate Trust Office, or to the Trustee at such other place as the Trustee shall direct in writing, all Pre-Completion Lease Payments, all Lease Payments, and any rental interruption insurance proceeds, title insurance proceeds and Net Proceeds payable to the Trustee pursuant to Sections 5.1, 5.2, 5.3 and 6.1 hereof that are received by the City. If the Term continues beyond the date on which Bonds are no longer Outstanding under the Indenture, then the JEPA directs the City, and the City hereby agrees, to pay all Lease Payments and any Net Proceeds and title insurance proceeds received by the City to the JEPA until the end of the Term. Except as otherwise provided pursuant to the terms of this Facility Lease and the Indenture, the JEPA will not assign or pledge the Pre-Completion Lease Payments, the Lease Payments, any Net Proceeds, any rental interruption insurance proceeds or any title insurance proceeds to any other party.
Payment to Trustee. Each of the Agents hereby undertakes with the Trustee and the Issuer that if, whether in the liquidation of the Issuer or otherwise any payment is made to or amount recovered by any Agent, as the case may be otherwise than in accordance with the Deed of Charge, the amount so paid or recovered shall be paid by such Agent, as the case may be to the Trustee.
Payment to Trustee. The Company may direct Trustee to use Revenue Credits, to the extent available, to pay invoices for Trustee -provided services. Any charges for Trustee -provided services not paid by Revenue Credits shall be due and payable pursuant to applicable invoice and contract terms. The Progressive Corporation – Strategic Confidential Information Tenth Amendment – NQ Trust - 9 - Plan #14018 SCHEDULE B-2 - Directions Governing Revenue Credits and Participant Revenue Credits The Company hereby directs as follows:
Payment to Trustee. 18 1.12. DISCRETIONARY CURATIVE CONTRIBUTIONS...........................................................18 -ix-
Payment to Trustee. The nondeductible voluntary contributions made by a Participant to the Plan shall be collected by the Employer by such means as the Committee shall specify. The Employer shall remit such nondeductible voluntary contributions to the Trustee to be allocated to the Participant's Nondeductible Voluntary Account and, for the purposes of Section 4, shall be credited as soon as practicable after it is received by the Trustee.
Payment to Trustee. The nondeductible voluntary contributions of Participants shall be collected by the Employer by such means as the Administrator's Representative shall specify. Within the time required by regulations of the United States Department of Labor, the Employer shall remit all such nondeductible voluntary contributions to the Trustee for deposit in the Fund. -------------------------------------------------------------------------------- THIRD AMENDMENT-EFFECTIVE JANUARY 1, 1994
Payment to Trustee. An Active Participant’s After-Tax, 401(k), and Catch-up contributions shall be paid to the Trustee as soon as practicable after each pay period and in no event (i) more than 15 business days after the end of the month in which such pay period ended and (ii) no earlier than the date that the Participant has performed services with respect to which the contribution is made or, if earlier, the date that the contribution otherwise would have been payable to the Participant in cash, unless it is permissible under Treasury Regulation § 1.401(k)- 1(a)(3)(iii) to remit the Deferrals earlier than such date.
