Common use of Payments Payable; Note Payments; Additional Payments Clause in Contracts

Payments Payable; Note Payments; Additional Payments. (a) The Company covenants and agrees to pay the Payments as and when the same are due and payable in accordance with the Note and this Section 4.02. The Company shall provide the Trustee with a written allocation of amounts paid under this Section 4.02 among the various purposes set forth in this Section 4.02.

Appears in 11 contracts

Samples: Participation Agreement (Consolidated Edison Co of New York Inc), Participation Agreement (Consolidated Edison Inc), Participation Agreement (Orange & Rockland Utilities Inc)

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Payments Payable; Note Payments; Additional Payments. (a) The Company covenants and agrees to pay the Payments as and when the same are due and payable in accordance with the Note and this Section 4.024.2. The Company shall provide the Trustee with a written allocation of amounts paid under this Section 4.02 4.2 among the various purposes set forth in this Section 4.024.2.

Appears in 1 contract

Samples: Participation Agreement (Keyspan Corp)

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