Common use of Payments to Trustees Clause in Contracts

Payments to Trustees. The Collateral Agent shall make payments of Proceeds to the Tranche A Trustee and/or the Tranche B Trustee pursuant to clause Second of Section 3.01(d) hereof upon receipt of an order of each of the Trustees, accompanied by an Officers' Certificate of the Company specifying the amount or amounts thereof so to be paid and the application thereof to the Tranche A Notes and/or the Tranche B Notes, and to principal, interest or other amounts constituting Tranche A Obligations and/or Tranche B Obligations, which Officers' Certificate shall comply with any applicable requirements of Sections 5.03, 7.01 and 7.02 of the Tranche A Pledge Agreement and/or the Tranche B Pledge Agreement, together with any Opinion of Counsel or other documents required pursuant to such Sections to be provided by the Company in respect of such payment or payments.