Common use of Excepted Payments Clause in Contracts

Excepted Payments. Notwithstanding any other provision of this Indenture including this Section 3 or any provision of any of the Operative Documents to the contrary, any Excepted Payments received or held by the Indenture Trustee at any time shall promptly be paid or distributed by the Indenture Trustee to the Person or Persons entitled thereto.

Appears in 10 contracts

Samples: Mortgage and Security Agreement (Calpine Corp), Mortgage and Security Agreement (Calpine Corp), Trust and Security Agreement (Aes Eastern Energy Lp)

AutoNDA by SimpleDocs

Excepted Payments. Notwithstanding any other provision of this Indenture including this Section 3 or any provision of any of the Operative Documents to the contrary, any Excepted Payments received or held by the Lease Indenture Trustee at any time shall promptly be paid or distributed by the Lease Indenture Trustee to the Person or Persons entitled thereto.

Appears in 2 contracts

Samples: Leases and Rents and Security Agreement (Dynegy Danskammer LLC), Trust, Mortgage and Security Agreement (PPL Montana LLC)

Excepted Payments. Notwithstanding any other provision of this Indenture including this Section 3 Article III or any provision of any of the Operative Documents to the contrary, any Excepted Payments received or held by the Indenture Trustee at any time shall promptly be paid or distributed by the Indenture Trustee to the Person or Persons entitled thereto.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Firstenergy Corp)

Excepted Payments. Notwithstanding any other provision of this Indenture including this Section Article 3 or any provision of any of the Operative Documents to the contrary, any Excepted Payments received or held by the Indenture Trustee at any time shall promptly be as soon as may be practicable paid or distributed by the Indenture Trustee to the Person or Persons entitled thereto.

Appears in 1 contract

Samples: Second Supplemental Participation Agreement (Oglethorpe Power Corp)

AutoNDA by SimpleDocs

Excepted Payments. Notwithstanding any other provision of this Indenture including this Section 3 or any provision of any of the Operative Documents to the contrary, . any Excepted Payments received or held by the Lease Indenture Trustee at any time shall promptly be paid or distributed by the Lease Indenture Trustee to the Person or Persons entitled thereto.

Appears in 1 contract

Samples: Trust, Mortgage and Security Agreement (PPL Montana LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.