Payments Pledged and Assigned. It is understood and agreed that all payments required to be made by the Company pursuant to Section 4.2 hereof (except payments made to the Trustee pursuant to Section 4.2(c) hereof, to the Remarketing Agent and the Auction Agent pursuant to Section 4.2(f) hereof, to the Issuer pursuant to Section 4.2(e) hereof and to any or all the Issuer and the Trustee and the Remarketing Agent pursuant to Section 4.2(g) hereof) and certain rights of the Issuer hereunder are pledged and assigned by the Indenture. The Company consents to such pledge and assignment. The Issuer hereby directs the Company and the Company hereby agrees to pay or cause to be paid to the Trustee all said amounts except payments to be made to the Remarketing Agent and the Auction Agent pursuant to Section 4.2(f) hereof and payments to be made to the Issuer pursuant to Sections 4.2(e) and (g) hereof. The Project will not constitute any part of the security for the Bonds, except to the extent that the Trustee as holder of G&R Notes has a lien on property under the G&R Indenture.
Payments Pledged and Assigned. Section 4.5. Payment of the Bonds and Other Amounts
Payments Pledged and Assigned. It is understood and agreed that all payments required to be made by the Company pursuant to Section 4.2 hereof (except payments made to the Trustee pursuant to Section 4.2(c) hereof, to the Remarketing Agent pursuant to Section 4.2(f) hereof, to the Issuer pursuant to Section 4.2(e) hereof and to any or all the Issuer and the Trustee and the Remarketing Agent pursuant to Section 4.2(g) hereof) and certain rights of the Issuer hereunder are pledged and assigned by the Indenture. The Company consents to such pledge and assignment. The Issuer hereby directs the Company and the Company hereby agrees to pay or cause to be paid to the Trustee all said amounts except payments to be made to the Remarketing Agent pursuant to Section 4.2(f) hereof and payments to be made to the Issuer pursuant to Sections 4.2(e) and (g) hereof. The Project will not constitute any part of the security for the Bonds.
Payments Pledged and Assigned. It is understood and agreed that all rights to the payment of moneys hereunder (except payments made to the Trustee pursuant to Sections 4.2(c), 4.2(e) 4.2(g), 4.2(h) and 6.4 hereof and payments to be made to the Remarketing Agent and the Auction Agent pursuant to Section 4.2(f) hereof and payments to be made to the Issuer pursuant to Sections 4.2(d), 4.2(e), 4.2(h) and 6.4 hereof and its rights of indemnification and inspection and rights to receive notices, certificates, requests, requisitions or other communications and to give consents hereunder) are pledged and assigned to the Trustee by the Indenture. The Borrower consents to such pledge and assignment. The Issuer hereby directs the Borrower and the Borrower hereby agrees to pay or cause to be paid to the Trustee all said amounts required to be paid by or for the account of the Borrower pursuant to Section 4.2 hereof (except payments to be made directly to the Remarketing Agent and the Auction Agent pursuant to Section 4.2(f) hereof and payments to be made directly to the Issuer pursuant to Sections 4.2(d), 4.2(e), 4.2(h) and 6.4 hereof). The Project will not constitute any part of the security for the Bonds.
Payments Pledged and Assigned. .. 12 Section 4.5. Letter of Credit and Alternate Credit Facility ....... 12
Payments Pledged and Assigned. It is understood and agreed that all payments required to be made by the Company pursuant to Section 4.2 hereof (except payments made to the Trustee pursuant to Sections 4.2(c) and 6.4 hereof and payments to be made to the Remarketing Agent and the Paying Agent pursuant to Section 4.2(d) hereof and payments to be made to the Issuer pursuant to Sections 3.4, 4.2(f), 5.3 and 6.4 hereof) and certain rights of the Issuer hereunder are pledged and assigned to the Trustee by the Indenture. The Company consents to such pledge and assignment. The Issuer hereby directs the Company and the Company hereby agrees to pay or cause to be paid to the Trustee all said amounts required to be paid by or for the account of the Company pursuant to Section 4.2 hereof (except payments to be made to the Remarketing Agent and the Paying Agent pursuant to Section 4.2(d) hereof and payments to be made to the Issuer pursuant to Sections 3.4, 4.2(f), 5.3 and 6.4 hereof). The Project will not constitute any part of the security for the Bonds.
Payments Pledged and Assigned. It is understood and agreed that all payments required to be made by the Company pursuant to Section 4.2 hereof (except payments made to the Trustee pursuant to Section 4.2(b) hereof, to the Issuer pursuant to Section 4.2(d) hereof and to either or both of the foregoing pursuant to Section 4.2(e) hereof) and certain rights of the Issuer hereunder are pledged and assigned by the Indenture. The Company consents to such pledge and assignment. The Issuer hereby directs the Company and the Company hereby agrees to pay or cause to be paid to the Trustee all said amounts. The Project will not constitute any part of the security for the Bonds.
Payments Pledged and Assigned. It is understood and agreed that the Loan Documents and certain other documents and property and all payments required to be made by the Borrower pursuant hereto (except payments to be made to the Issuer in respect of its Reserved Rights and payments to be made to the Servicer and the Bondowner Representative pursuant to Section 3.2(b) hereof) have been assigned to the Bondowner Representative simultaneously herewith pursuant to the Pledge Agreement as and for security for the Bonds. The Borrower hereby consents to such assignment and recognizes the Bondowner Representative as the assignee of the Issuer, to the extent of the assignment, for purposes of said documents and property.
Payments Pledged and Assigned. 12 Section 4.5. Certain Payments to Paying Agent...................................................... 13 Section 4.6. Payment of the Bonds and Other Amounts................................................ 13
Payments Pledged and Assigned. ..14 Section 4.5. Letter of Credit and Credit Facility............14 Section 4.6. Payment of the Bonds and Other Amounts..........15
