Fuel Supply Coverage Event Sample Clauses

Fuel Supply Coverage Event. (a) Upon the Disbursement Agent's receipt of a written notice from the LOC Provider and the Debt Service Reserve LOC Provider that there has occurred and is continuing a Fuel Supply Coverage Event, the Disbursement Agent shall, provided that the Partnership certificate referred to in Section 5.24 of the Indenture has been delivered to the Disbursement Agent, transfer monies on the Interest Payment Date next succeeding the date on which the Disbursement Agent receives the notice specified above (unless such notice is received on an Interest Payment Date in respect of an Indexation Event, in which case such transfer shall be made on such Interest Payment Date) from the Partnership Distribution Account (i) first, to the DSR LOC Collateralization Fund in an amount up to the then Outstanding Amount of the Debt Service Reserve Letter of Credit (which such amount may not exceed $29,925,906) less (A) any amount then on deposit in the DSR LOC Collateralization Fund and (B) any amount then on deposit in the trust account described in Section 3.10(d)(ii) of this Disbursement Agreement, and (ii) second, to (A) the ESA LOC Collateralization Fund in an amount up to the then Outstanding Amount of the ESA Letter of Credit (which such amount may not exceed $10,000,000) less any amount then on deposit in the ESA LOC Collateralization Fund, and (B) the QF LOC Collateralization Fund in an amount up to the then Outstanding Amount of the FPL QF Letter of Credit (which such amount may not exceed $5,000,000) less any amount then on deposit in the QF LOC Collateralization Fund and, in the cases of clauses (ii)(A) and (B) above, less (without duplication) any amount then on deposit in the trust account described in Section 3.10(d)(i) of this Disbursement Agreement; provided, however, that if monies in the Partnership Distribution Account are insufficient on any date to make the payments specified in this Section 4.3(a), distribution of monies shall be made first, to the recipient specified in Section 4.3(a)(i) up to the maximum amount required thereunder and, second, ratably to the recipients specified in Sections 4.3(a)(ii)(A) and (B), based on the respective amounts owing such recipients; provided further that with respect to any Fuel Supply Coverage Event that is an Indexation Event, the Disbursement Agent shall not transfer any monies to the DSR LOC Collateralization Fund, the ESA LOC Collateralization Fund, or the QF LOC Collateralization Fund to the extent such monies were cr...