Payments by the City. For any payment under this Agreement made by debit to a deposit account, the City will maintain sufficient immediately available funds in the deposit account to cover each debit. If there are insufficient immediately available funds in the deposit account on the date the Bank enters any such debit authorized by this Agreement, the Bank may reverse the debit.
Payments by the City. Developer authorizes and directs the City to pay all TDD/CID Revenue which Developer is entitled to receive under the Development Agreement, (subject to the notice provisions set forth in Section 3.c below), to a separate, segregated account for the benefit of Developer in the care of Lender as the Escrow Agent (the "Collateral Agreement Account"), unless and until Scheels shall make the Scheels Election (defined in Section 6 hereof), in which event, Developer hereby authorizes and directs the City to pay TDD/CID Revenue directly to Scheels as provided in Section 6 of this Consent. Upon making the Scheels Election as defined below, the Scheels Payment shall be made by the City to Scheels in accordance Section 6 of this Consent. The City acknowledges the direction and assignment of the TDD/CID Revenue from Developer to Lender and the City agrees to pay all such TDD/CID Revenue to the Collateral Agreement Account as set forth herein or, with respect to CID Revenue generated by the Scheels Store, to Scheels in respect of the Scheels Payment in accordance with Section 6 of this Consent. Lender shall have the right and ability to utilize funds on deposit in the Collateral Agreement Account toward the repayment of funds due under the Loan Agreements and collateral documents and Scheels shall have the right and ability to utilize CID Revenues on deposit in the Collateral Agreement (or paid directly to Scheels as provided herein) in satisfaction of the Scheels Payment, provided however that (i) the TDD/CID Revenue is required to be used for payment or reimbursement of "Eligible Expenses" as defined in the First Amendment to Development Agreement, and accordingly, (ii) Lender’s and Scheels’ application for any such TDD/CID Revenue shall be limited and restricted to pay Eligible Expenses pursuant to the Development Agreement, (iii) the TDD/CID Revenue is further limited and conditioned as set forth in the Development Agreement, and (iv) Scheels understands and agrees that it shall not be entitled to any reimbursement of TDD Revenues whatsoever as to the Scheels Payment. So long as Developer is in compliance with the terms and provisions of the Development Agreement, with respect to such payments:
Payments by the City. In addition to the appropriation of FTA Section 5307 funds and the award of state urbanized area funds, the City will pay CARTS an amount equal to $160,565.42 (the “funds”) during the term of this Agreement towards the cost of planning, operating and maintaining the System. Amounts paid by the City in any subsequent years shall be as provided under the terms of such written agreement. The cost of operating the System includes Planning Expenses, Capital Expenses, Operating Expenses and Project Administrative Expenses (eligible expenses) as those terms are described in FTA Circular 9030.1D, Urbanized Area Formula Program, dated August 27, 2012 or successor provision. Payments to CARTS will be made on a monthly basis upon submission by CARTS to the City of an invoice for 1/7th of the funds on or before the 15th day of each month accompanied by a report of the previous month’s eligible expenses attributable to the operation and administration of the System to which such payment will be applied.
Payments by the City. The City agrees to pay for services rendered under this Agreement as follows:
Payments by the City. The Concessionaire acknowledges and agrees that if the City is required under applicable Law of general application to withhold a portion of any payment that the City is obligated to make to the Concessionaire under this Agreement, the City will be deemed to have satisfied such payment obligation to the Concessionaire to the extent of such withholding by the City. If any such withheld amounts are permitted to be paid to the Concessionaire, the City shall pay such amounts to the Concessionaire whenever permitted by Law. The City shall notify the Concessionaire in writing at least five Business Days prior to the withholding of any amount pursuant to this Section 3.17.
Payments by the City. 19 Section 7.1 Payments to Constitute Currently Budgeted Expenditures of the City. 19 Section 7.2 Base Rentals, Purchase Option Price and Additional Rentals. 19 Section 7.3 Manner of Payment. 20 Section 7.4 Event of NonappropriationNon-appropriation. 21 Section 7.5 Holdover Tenant. 23 Section 7.6 Prohibition of Adverse Budget or Appropriation Modifications. 23 Section 7.7 Supplemental Public Securities Act Provision 23 ARTICLE 8 SITE LEASE; TITLE INSURANCE 24 Section 8.1 Site Lease. 24 Section 8.2 Title Insurance. 24
Payments by the City. For any payment under this Agreement made by debit from a designated deposit account, the City, for and on behalf of its Department of Aviation, will maintain sufficient immediately available funds in the deposit account to cover each debit. If there are insufficient immediately available funds in the deposit account on the date the Lender enters any such debit authorized by this Agreement, the Lender may reverse the debit and such payment shall be made by the City, for and on behalf of its Department of Aviation, by wire transfer in accordance with the written instructions provided to the Paying Agent by the Lender.
Payments by the City. Section 6.01. Payments to Be Paid from Currently Budgeted Expenditures of the City 10 Section 6.02. Base Rentals and Additional Rentals 11 Section 6.03. Interest Component 11 Section 6.04. Manner of Payment 11 Section 6.05. Event of Nonappropriation 12 Section 6.06. Bank Qualification 13 Section 6.07. Determination of Taxability 13 ARTICLE VII TITLE TO THE LEASED PROPERTY; LIMITATIONS ON ENCUMBRANCES Section 7.01. Fee Title to the Leased Property 13 Section 7.02. No Encumbrance, Mortgage or Pledge of Leased Property 14 ARTICLE VIII
Payments by the City. If the Design Consultant’s application and supporting data in proper form and substantiating the amount requested are received, payments shall be made by the City monthly within Sixty (60) Days after receipt by the City of the Design Consultant’s application.
Payments by the City. The City shall be required to make Payments as required in Section 1(d) of the Purchase Agreement as necessary to make the payments shown on Exhibit A to the Purchase Agreement, taking into account any funds on deposit in the Payment Fund as a credit towards any Payment then due. The Trustee, on or before each Payment Date, shall notify the City of the amount required to be paid on that Payment Date after taking into account interest earnings which will be transferred to the Payment Fund in accordance herewith.
