Common use of PERMITTED SOURCES ACCOUNT Clause in Contracts

PERMITTED SOURCES ACCOUNT. Amounts on deposit in the Permitted Sources Account shall be paid over to or upon the order of the Company to pay costs in respect of which such Permitted Sources were deposited, upon the receipt by the Administrative Agent of a certificate of the Company stating the specific amount requested to be paid over to or upon the order of the Company (or such other Person) to pay such costs actually incurred and setting forth a brief description of the costs to be paid. If, at any time, amounts that were deposited into the Permitted Sources Account are no longer necessary to pay costs in respect of which such funds were deposited, as certified by a Responsible Officer of the Company to the Administrative Agent, the Administrative Agent shall transfer such amounts from amounts on deposit in the Permitted Sources Account to the Company's Excess Cash Flow Account.

PERMITTED SOURCES ACCOUNT. Amounts on deposit in the Permitted Sources Account shall be paid over to or upon the order of the Company to pay costs in respect of which such Permitted Sources were deposited, upon the receipt by the Administrative Agent of a certificate of the Company stating the specific amount requested to be paid over to or upon the order of the Company (or such other Person) to pay such costs actually incurred and setting forth a brief description of the costs to be paid. If, at any time, amounts that were deposited into the Permitted Sources Account are no longer necessary to pay costs in respect of which such funds were deposited, as certified by a Responsible Officer of the Company to the Administrative Agent, the Administrative Agent shall transfer such amounts from amounts on deposit in the Permitted Sources Account to the Company's Excess Cash Flow Distribution Account.