Common use of Payments to Trustee Clause in Contracts

Payments to Trustee. The Consenting Party and the Issuer hereby agree that all payments to be made by the Consenting Party to the Issuer under the Assigned Agreements shall be made in immediately available funds, directly to the Trustee for deposit in accordance with Section 502 of the Indenture, without offset, abatement, withholding, or reduction except as may be authorized by the Assigned Agreements.

Appears in 2 contracts

Samples: Consent and Agreement (Cedar Brakes Ii LLC), Consent and Agreement (Cedar Brakes Ii LLC)

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Payments to Trustee. The Consenting Party and the Issuer hereby agree that all payments to be made by the Consenting Party to the Issuer under the Assigned Agreements shall be made in immediately available funds, directly to the Trustee for deposit in accordance with Section 502 of the Indenture, without offset, abatement, withholding, withholding or reduction except as may be authorized by the Assigned Agreements.

Appears in 2 contracts

Samples: Consent and Agreement (Cedar Brakes I LLC), Consent and Agreement (Cedar Brakes I LLC)

Payments to Trustee. The Consenting Party and the Issuer hereby agree that all payments to be made by the Consenting Party to the Issuer under the Assigned Agreements Agreement shall be made in immediately available funds, directly to the Trustee for deposit in accordance with Section 502 of the IndentureTrustee, without offset, abatement, withholding, withholding or reduction except as may be authorized by the Assigned AgreementsAgreement.

Appears in 1 contract

Samples: Consent and Agreement (Cedar Brakes I LLC)

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Payments to Trustee. The Consenting Party and the Issuer hereby agree that all payments to be made by the Consenting Party to the Issuer under the Assigned Agreements Agreement shall be made in immediately available funds, directly to the Trustee for deposit in accordance with Section 502 of the Indenture, without offset, abatement, withholding, withholding or reduction except as may be authorized by the Assigned AgreementsAgreement.

Appears in 1 contract

Samples: Consent and Agreement (Cedar Brakes Ii LLC)

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