Common use of Payment Directions Clause in Contracts

Payment Directions. It is understood and agreed that during the Lease Term, for administrative convenience and notwithstanding the terms and provisions of the Lease or any Loan Document, Lessee will pay all amounts due Lessor under the Lease and this Agreement, on behalf of Lessor, to or at the direction of Agent (which direction may change from time to time, so long as such direction does not require Lessee to make any payment due on any date to more than one Person) for application in accordance with the terms of Article III of the Loan Agreement.

Payment Directions. It is understood and agreed that during the Lease Term, for administrative convenience and notwithstanding the terms and provisions of the Lease or any Loan Document, Lessee will pay all amounts due Lessor under the Lease and this Agreement, on behalf of Lessor, to or at the direction of Agent (which direction may change from time to time, so long as such direction does not require Lessee to make any payment due on any date to more than one Person) for application in accordance with the terms of Article III V of the Loan Agreement.

Payment Directions. It is understood and agreed that during ------------------ the Lease Term, for administrative convenience and notwithstanding the terms and provisions of the Lease or any Loan DocumentOperative Documents, Lessee will pay all amounts due Lessor under the Lease and this Agreement, on behalf of Lessor, to or at the direction of Agent (which direction may change from time to time, so long as such direction does not require Lessee to make any payment due on any date to more than one Person) for application in accordance with the terms of Article III of the Loan AgreementAgreement and the other Operative Documents.