Special Payment Account. All Special Payments deposited in the Special Payment Account shall, except to the extent otherwise provided pursuant to Sections 2.9(f) and 5.20(b), be applied by the Administrative Agent for the prepayment of principal of the Loans, together with accrued interest thereon (and, thereafter, to the cash collateralization of the Revolving Credit Commitments on terms and pursuant to documentation reasonably satisfactory to the Administrative Agent).
Special Payment Account. The Company, its Subsidiaries and the Administrative Agent shall deposit into the Special Payment Account all Special Payments.
Special Payment Account. There shall be deposited into the Special Payment Account:
Special Payment Account. The Borrower, its Subsidiaries and the Collateral Trustee shall deposit into the Special Payment Account all Special Payments.
Special Payment Account. The Borrower shall deposit in the Special ----------------------- Payment Account all Special Payments.
Special Payment Account. All Special Payments deposited ----------------------- in the Special Payment Account constituting Liquidated Damages or proceeds of delayed opening of business insurance shall be applied by the Administrative Agent first, to the payment of interest due and payable on the Loans, second, to the payment of interest on the Parent ------ Senior Notes and any Parent Additional Notes and, third, to the payment of other ----- Capital Cost overruns resulting from the delay in the Commercial Operation Date, in each case as and when the same shall become due and payable. All other Special Payments shall be transferred to the Revenue Account to be applied in accordance with Section 8.08; provided that, in the event the Supply Contract is ------------ -------- being replaced in accordance with this Agreement, such other Special Payments shall, subject to Section 8.25, be applied by the Borrower to the costs of ------------ entering into a replacement supply agreement and to such other related costs as shall be approved by the Administrative Agent.
Special Payment Account. Special Payments deposited in the Special Payment Account shall be (a) applied by the Collateral Trustee to the Administrative Agent either for the prepayment of principal of the Loans, together with accrued interest thereon or (b) if such Special Payments result from the termination of the Contractor Escrow Account, retained by the Collateral Trustee for distribution from time to time directly to the Contractors upon completion of Work in accordance with a payment notice from the Borrower to the Collateral Trustee (and, thereafter, to the cash collateralization of the Revolving Credit Commitments on terms and pursuant to documentation reasonably satisfactory to the Administrative Agent). All other Special Payments shall be transferred to the Revenue Account to be applied in accordance with Section 8.10."
Special Payment Account. All Special Payments deposited in the Special Payment Account after the Effective Date shall be distributed from time to time by the Security Agent to the Grantee, upon receipt by the Security Agent of a written request therefor from the Grantee, and shall be applied to the prepayment of the Term Loans as provided in Section 3.3(b)(iii) of the Reimbursement Agreement.
Special Payment Account. (a) All Special Payments deposited in the Special Payment Account constituting liquidated damages (Contract Price Discount) under Section 5.04 of the Construction Contract shall be applied by GE Capital to the prepayment of the Loans as provided in subsection 2.6(b) of the Loan Agreement (provided that all such liquidated damages received after the Lease Closing Date shall be applied by GE Capital to the retroactive reduction of Lessor's Cost) and, in the case of Special Payments constituting liquidated damages (Contract Price Discount) under Section 5.02 of the Construction Contract, shall, subject to Section 4.14 of this Agreement, be applied by GE Capital to the payment of accrued and unpaid interest on the Loans and to such other items which are due and owing as GE Capital may specify in writing.
Special Payment Account. All Special Payments deposited in the Special Payment Account shall be distributed by the Security Agent to the Agent within two Business Days after the date of such deposit for application to the prepayment of the then outstanding Loans in accordance with the provisions of the Loan Agreement and the Intercreditor Agreement and the Collateral Security Documents.
