Common use of Place and Manner of Payment Clause in Contracts

Place and Manner of Payment. (a) All payments of Rent, the Termination Value and the Fair Market Value Purchase Price payable by Lessee to Lessor under this Facility Lease shall be made by Lessee to or for the account of Lessor as Lessor shall from time to time direct in writing in immediately available funds in Dollars in the amount of such payments on the date when such payments are due.

Appears in 4 contracts

Samples: Washington I Facility Lease Agreement (Wisconsin Electric Power Co), Facility Lease Agreement (Wisconsin Electric Power Co), Assignment and Assumption Agreement (Wisconsin Energy Corp)

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Place and Manner of Payment. (a) All payments of Rent, the Termination Value and the Fair Market Value Purchase Price payable by Lessee to Lessor under this Facility Lease shall be made by Lessee to or for the account of Lessor by paying to Lessor (or to such other Person or Persons or in such other manner as Lessor shall from time to time direct in writing writing) in immediately available funds in Dollars in the amount of such payments on the date when such payments are due.

Appears in 3 contracts

Samples: Facility Lease Agreement (Madison Gas & Electric Co), Facility Lease Agreement (Mge Energy Inc), Facility Lease Agreement (Madison Gas & Electric Co)

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