Common use of Payment of Rentals Clause in Contracts

Payment of Rentals. All rentals payable under the terms of this Lease shall be paid to the Trustee under the Indenture securing the Bonds. Any successor trustee under the Indenture shall be endorsed on this Lease at the end hereof by the parties hereto as soon as possible after selection, and such endorsement shall be recorded as an addendum to this Lease. All payments so made by the Lessee shall be considered as payment to the Lessor of the rentals payable hereunder.

Payment of Rentals. All rentals payable under the terms of this Lease shall be paid by the Lessee to the Trustee under the Indenture securing Indenture, or to such other bank or trust company as may from time to time succeed the BondsTrustee. Any successor trustee under the Indenture shall be endorsed on this Lease at the end hereof by the parties hereto as soon as possible after selection, and such endorsement shall be recorded as an addendum to this Lease. All payments so made by the Lessee shall be considered as payment to the Lessor of the rentals payable hereunder.