Common use of Payments to Revenue Account Clause in Contracts

Payments to Revenue Account. The Consenting Party hereby agrees that, so long as any notes, bonds, loans, letters of credit, commitments or other obligations are outstanding under the Financing Documents and until the same have been satisfied in full, all payments to be made by the Consenting Party with respect to the Assigned Agreement shall be in lawful money of the United States of America, in immediately available funds. The Company hereby directs the Consenting Party to, and the Consenting Party hereby agrees to, make all such payments with respect to the Assigned Agreement directly to the Assignee at ABA No. 000000000, for credit to AES Ironwood, L.L.C., for further credit to Account No. 630000041.2 (Revenue Account) Attention: Capital Markets Trust Services, or to such other person and/or at such other address as the Assignee may from time to time specify in writing to the Consenting Party. Any such payment shall be deemed to be a payment by the Consenting Party to the Company under the Assigned Agreement.

Appears in 3 contracts

Samples: Consent to Assignment (Aes Ironwood LLC), Consent to Assignment (Aes Ironwood LLC), Consent to Assignment (Aes Ironwood LLC)

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Payments to Revenue Account. The Consenting Party hereby agrees that, so long as any notes, bonds, loans, letters of credit, commitments or other obligations are outstanding under the Financing Documents and until the same have been satisfied in full, all payments to be made by the Consenting Party with respect to the Assigned Agreement shall be in lawful money of the United States of America, in immediately available funds. The Company hereby directs the Consenting Party to, and the Consenting Party hereby agrees to, make all such payments with respect to the Assigned Agreement directly to the Assignee at ABA No. 000000000, for credit to AES IronwoodRed Oak, L.L.C., for further credit to Account No. 630000041.2 002008 (Revenue Account) Attention: Capital Markets Corporate Trust ServicesAdministration, or to such other person and/or at such other address as the Assignee may from time to time specify in writing to the Consenting Party. Any such payment shall be deemed to be a payment by the Consenting Party to the Company under the Assigned Agreement.

Appears in 2 contracts

Samples: Consent to Assignment (Aes Red Oak LLC), Consent to Assignment (Aes Red Oak LLC)

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