Place of Rental Payments. The rents provided for in Section 5.3 and the interest on delinquent rents shall be paid directly to the Trustee for the account of the Board and will be deposited in the Bond Fund. The other payments provided for in Section 5.3 shall be paid directly to the Trustee for its own use or for disbursement to any other paying agent, as the case may be.
Appears in 4 contracts
Samples: Lease Agreement (Mead Corp), Lease Agreement (Meadwestvaco Corp), Lease Agreement (Mead Corp)
Place of Rental Payments. The rents provided for in the first paragraph of Section 5.3 4.3 hereof and the interest on delinquent rents shall be paid directly to the Trustee for the account of the Board Issuer and will be deposited in the Bond Fund, unless a home office payment agreement is in effect pursuant to the provisions of Section 2.08 of the Original Indenture. The other payments provided for in Section 5.3 4.3 hereof shall be paid directly to the Trustee for its own use or for disbursement to any other paying agentagent on the Bonds, as the case may be.
Appears in 2 contracts
Samples: Lease Agreement (Georgia Power Co), Lease Agreement (Southern Co)
Place of Rental Payments. The rents provided for in the first paragraph of Section 5.3 hereof and the interest on delinquent rents shall be paid directly to the Trustee for the account of the Board Issuer and will be deposited in the Bond FundFund subject to the provisions of Section 208 of the Indenture. The other payments provided for in Section 5.3 hereof shall be paid directly to the Trustee for its own use or for disbursement to any other paying agentagent on the Bonds, as the case may be.
Appears in 2 contracts
Samples: Lease Agreement (Bluerock Residential Growth REIT, Inc.), Lease Agreement
