Payments Assigned. As set forth in Section 5.1 hereof, it is understood and agreed that this Agreement and all payments made by Company pursuant to this Agreement (except payments pursuant to Section 5.1(b) or (c) or pursuant to Section 8.2 hereof) are assigned by Issuer to Trustee. Company assents to such assignment and hereby agrees that, as to Trustee, Paying Agent, the Market Agent, the Auction Agent and Tender Agent, as applicable from time to time, its obligation to make such payments shall be absolute, irrevocable and unconditional and shall not be subject to cancellation, termination or abatement or to any defense or any right of set-off, counterclaim or recoupment arising out of any breach by any party, whether hereunder or otherwise, or out of any indebtedness or liability at any time owing by any party. Except as provided above, Issuer hereby directs Company and Company hereby agrees to pay to Trustee, Paying Agent, the Market Agent, the Auction Agent, Bond Registrar or Tender Agent, as appropriate, all said payments payable by Company pursuant to Section 5.l of this Agreement.
Payments Assigned. The Borrower consents to the assignment of the rights of the Authority assigned under this Agreement to the Trustee and agrees to pay to the Trustee all amounts payable by the Borrower pursuant to the Basic Documents, except for amounts payable directly to the Authority and others pursuant to Sections 8.5 and 8.6 of this Agreement.
Payments Assigned. The Company consents to the assignment made by the Indenture of the Note and of the rights of the Issuer under this Financing Agreement to the Trustee and agrees to pay to the Trustee all amounts payable by the Company pursuant to the Note and this Financing Agreement, except for payments made to the Issuer pursuant to Sections 4.1(b)(2) and 5.6.
Payments Assigned. It is understood and agreed that the Notes and all payments thereon, as well as the Issuer’s rights under this Loan Agreement, except the Issuer’s Unassigned Rights, are assigned by or in accordance with the Indenture to the Trustee. The Company consents to such assignment and, subject to the terms of this Loan Agreement, agrees to pay to the Trustee all amounts payable by the Company to the Issuer pursuant to the Notes and this Loan Agreement (except as aforesaid). The Issuer consents to such payment by the Company and directs that all such amounts be paid directly to the Trustee.
Payments Assigned. 11 Section 4.3. Default in Payments...................................... 12 Section 4.4. Corporation's Obligations Unconditional.................. 12 Section 4.5. Advances by Authority or Underwriter..................... 13 Section 4.6. Rebate Requirement....................................... 13
Payments Assigned. 7 Section 5.3 Taxes and other Governmental Charges ........................................................................... 7 Section 5.4 Obligations of the Company Unconditional ..................................................................... 8 Section 5.5 Rebate Fund ...................................................................................................................... 8 Section 5.6 Redemption of the 2023 Series A Bonds in Advance of Scheduled Maturity .................. 8 Section 5.7 Cancellation of 2023 Series A Bonds ............................................................................... 8 ARTICLE VI MAINTENANCE; DAMAGE, DESTRUCTION, AND CONDEMNATION; USE OF NET PROCEEDS; INSURANCE ......................................................................................................................... 8 Section 6.1 Maintenance ...................................................................................................................... 8 Section 6.2 Insurance ........................................................................................................................... 9 ARTICLE
Payments Assigned. 2022 Section 6.5 Yield Protection Provisions 2022 Section 6.6 Automatic Debit Authorization 2123
Payments Assigned. The Corporation consents to the assignment made by the Indenture to the Trustee of the Note and the Company Promissory Notes and of certain of the rights of the Authority under this Loan Agreement and of the Corporation under the Company Loan Agreements. The Corporation agrees to pay to the Trustee all amounts payable by the Corporation pursuant to the Note and this Loan Agreement, except for payments made to the Authority pursuant to Sections 4.1(b)(2), 4.5, 5.5 and 6.5. The Corporation hereby assigns to the Trustee its rights under Company Promissory Notes and its rights under the Company Loan Agreements, except for payments made to the Corporation pursuant to Sections 5.2 and 6.5 thereof.
Payments Assigned. 9 Section 4.4 Letter of Credit 9
Payments Assigned. The Authority and the County acknowledge and agree that this Refunding Support Agreement and all Basic Payments and Additional Payments (except the rights of the Authority to receive payment of its expenses, to receive notices and to give consents) are assigned by the Assignment Agreement to the Bank. The County consents to such assignment and agrees to pay to the Bank all amounts payable by the County that are so assigned.
