Common use of Establishment of Project Accounts Clause in Contracts

Establishment of Project Accounts. The Collateral Agent hereby confirms that it has established with the Depositary Bank at its office at the address listed in Section 7.4, New York, New York, the following special, segregated accounts (the "PROJECT ACCOUNTS"): (i) Construction Account; (ii) Revenue Account; (iii) Operating and Maintenance Account; (iv) Debt Service Reserve Account; (v) DSR LOC Reimbursement Fund; (vi) PPA LOC Reimbursement Fund; (vii) Restoration Account; (viii) Major Maintenance Reserve Account; (ix) Fuel Conversion Payment Volume Rebate Account; (x) Subordinated Debt Account; and

Establishment of Project Accounts. The Collateral Agent hereby confirms that it has established with the Depositary Bank at its office at the address listed in Section 7.4, New York, New York, the following special, segregated accounts (the "PROJECT ACCOUNTSProject Accounts"): (i) Construction Account; (ii) Revenue Account; (iii) Operating and Maintenance Account; (iv) Debt Service Reserve Account; (v) DSR LOC Reimbursement Fund; (vi) PPA CP LOC Reimbursement Fund; (vii) Restoration Account; (viii) Major Maintenance Reserve Account; (ix) Fuel Conversion Payment Volume Rebate Account; (x) Subordinated Debt Account; and