Withdrawals upon Termination. 31.4.1 Notwithstanding anything to the contrary contained in this Agreement, all amounts standing to the credit of the Escrow Account shall, upon Termination, be appropriated in the following order:
Withdrawals upon Termination. Upon termination of the Contract, all amounts standing to the credit of the Escrow Account shall, notwithstanding anything in this Agreement, be appropriated and dealt with in the orderspecified in Clause 3.2 above.
Withdrawals upon Termination. 26.4.1 Notwithstanding anything to the contrary contained in this Agreement, all amounts standing to the credit of the Project Account shall, upon Termination, be appropriated in the following order:
Withdrawals upon Termination. Upon Termination of the Concession Agreement, all amounts standing to the credit of the Escrow Account shall, notwithstanding anything in this Agreement, be appropriated and dealt with in the following order: all taxes due and payable by the Concessionaire for and in respect of the Project Highway; 90% (ninety per cent) of Debt Due excluding Subordinated Debt; outstanding Concession Fee; all payments and Damages certified by the Authority as due and payable to it by the Concessionaire pursuant to the Concession Agreement, including {Premium,} repayment of Revenue Shortfall Loan and any claims in connection with or arising out of Termination; retention and payments arising out of, or in relation to, liability for defects and deficiencies set forth in Article 39 of the Concession Agreement; outstanding Debt Service including the balance of Debt Due; outstanding Subordinated Debt; incurred or accrued O&M Expenses; any other payments required to be made under the Concession Agreement; and balance, if any, in accordance with the instructions of the Concessionaire: Provided that the disbursements specified in Sub-clause (j) of this Clause 4.2 shall be undertaken only after the Vesting Certificate has been issued by the Authority. Application of insufficient funds Funds in the Escrow Account shall be applied in the serial order of priority set forth in Clauses 4.1 and 4.2, as the case may be. If the funds available are not sufficient to meet all the requirements, the Escrow Bank shall apply such funds in the serial order of priority until exhaustion thereof. Application of insurance proceeds Notwithstanding anything in this Agreement, the proceeds from all insurance claims, except life and injury, shall be deposited into and/or credited to the Escrow Account and utilized for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the Project Highway, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.
Withdrawals upon Termination. 5.6.1 Upon Termination of the Agreement For Procurement of Power, if the Utility fails to make the Termination Payment due and payable to the Supplier within a period of 30 (thirty) days from the date of demand by the Supplier under and in accordance with the provisions of the Power Purchase Agreement, the Supplier may by notice, convey the necessary particulars and instruct the Default Escrow Bank to make the Termination Payment in accordance with this Clause 5.6.
Withdrawals upon Termination. 4.6.1 Upon Termination of the Lease Agreement, all amounts standing to the credit of the Escrow Accounts shall, notwithstanding anything in the Lease Agreement, be appropriated and dealt with solely by the written instruction of RLDA in the following order:
Withdrawals upon Termination. Notwithstanding anything to the contrary contained in this Agreement, all amounts standing to the credit of the Escrow Account shall, upon Termination, be appropriated in the following order; all taxes due and payable by the Concessionaire for and in respect of the Project Highway; payment due to Lenders; all payments and Damages certified by the Authority as due and payable to it by the Concessionaire; retention and payments relating to the liability for defects and deficiencies set forth in [Article 31]; incurred or accrued O&M Expenses; any other payments required to be made under this Agreement; and balance, if any, in accordance with the instructions of the Concessionaire; Provided that no appropriations shall be made under Sub-clause (i) of this Clause 23A.4.1 until a Vesting Certificate has been issued by the Authority under the provisions of Article 30. The Provisions of this Article 23A and the instructions contained in the Escrow Agreement shall remain in full force and effect until the obligations set forth in Clause 23A.4.1 have been discharged.
Withdrawals upon Termination. 32.4.1 Notwithstanding anything to the contrary contained in this Agreement, all amounts
Withdrawals upon Termination. Expiry of Agreement Upon the earlier of
Withdrawals upon Termination. Upon Termination of the Development Agreement, all amounts standing to the credit of the Escrow Accounts shall, notwithstanding anything in the Development Agreement, be appropriated and dealt with solely by the written instruction of Authority in the following order:
