Common use of Method of Payments Clause in Contracts

Method of Payments. Owner Trustee shall make distributions or cause distributions to be made to Owner Participant or Lessee, as applicable, pursuant to this Article IV by transferring by wire transfer in immediately available funds the amount to be distributed to such account or accounts of Owner Participant or Lessee, as applicable, as they respectively may designate from time to time by written notice to Owner Trustee (and Owner Trustee shall use reasonable efforts to cause such funds to be transferred by wire transfer on the same day as received, but in any case not later than the next Business Day); provided, however, that Owner Trustee shall use its reasonable best efforts to invest overnight, for the benefit of Owner Participant or Lessee, as applicable, in Permitted Investments (but only to the extent such investments are available and, if such investments are not available, then in such other investments available to Owner Trustee which, after consultation with Owner Participant or Lessee, as applicable, Owner Participant or Lessee, as applicable, shall direct), all funds not transferred by wire transfer on the same day as they were received. Notwithstanding the foregoing, Owner Trustee will, if so requested by Owner Participant or Lessee, as applicable, by written notice, pay any and all amounts payable by Owner Trustee hereunder to Owner Participant or Lessee, as applicable, either (a) by crediting such amount or amounts to an account or accounts maintained by Owner Participant or Lessee, as applicable, with Owner Trustee in immediately available funds or (b) by mailing an official bank check or checks in such amount or amounts payable to Owner Participant or Lessee, as applicable, at such address as Owner Participant or Lessee, as applicable, shall have designated in writing to Owner Trustee.

Method of Payments. The Owner Trustee shall make ------------------ distributions or cause distributions to be made to (i) the Owner Participant or Lessee, as applicable, pursuant to this Article IV by transferring by wire transfer in immediately available funds the amount to be distributed to the account designated in Schedule II to the Participation Agreement under the heading "Owner Participant" or such other account or accounts of the Owner Participant or Lessee, as applicable, as they respectively it may designate from time to time by written notice to the Owner Trustee (and the Owner Trustee shall use reasonable efforts to cause such funds to be transferred by wire transfer on the same day as received, but in any case not later than the next succeeding Business Day), and (ii) the Indenture Trustee pursuant to this Article IV by paying the amount to be distributed to the Indenture Trustee in the manner specified in the Indenture; provided, however, that the Owner Trustee -------- ------- shall use its reasonable best efforts to invest overnight, for the benefit of the Owner Participant or Lessee, as applicableParticipant, in Permitted Investments investments that would be permitted by Section 15 of the Lease (but only to the extent such investments are available and, if such investments are not available, then in such other investments available to the Owner Trustee which, after consultation with the Owner Participant, the Owner Participant or Lessee, as applicable, Owner Participant or Lessee, as applicable, shall direct), all funds not transferred by the Owner Trustee by wire transfer on the same day as they were received. Notwithstanding the foregoingforegoing but subject always to the provisions of and Lien created by the Indenture, the Owner Trustee will, if so requested by the Owner Participant or Lessee, as applicable, by written notice, pay any and all amounts payable by the Owner Trustee hereunder to the Owner Participant or Lessee, as applicable, either (ai) by crediting crediting, or causing the Indenture Trustee to credit, such amount or amounts to an account or accounts maintained by the Owner Participant or Lesseeas it may designate from time to time by written notice to the Owner Trustee, as applicable, with Owner Trustee in immediately available funds funds, or (bii) by mailing mailing, or causing the Indenture Trustee to mail, an official bank check or checks in such amount or amounts payable to the Owner Participant or Lessee, as applicable, at such address as the Owner Participant or Lessee, as applicable, shall have designated in writing to the Owner Trustee.

Method of Payments. The Owner Trustee shall ------------------ make distributions or cause distributions to be made to the Owner Participant or Lessee, as applicable, pursuant to this Article IV by transferring by wire transfer in immediately available funds the amount to be distributed to such account or accounts of the Owner Participant or Lessee, as applicable, as they respectively it may designate from time to time by written notice to the Owner Trustee (and the Owner Trustee shall use reasonable efforts to cause such funds to be transferred by wire transfer on the same day as received, but in any case not later than the next succeeding Business Day); provided, however, that the Owner Trustee shall use -------- ------- its reasonable best efforts to invest overnight, for the benefit of the Owner Participant or Lessee, as applicableParticipant, in Permitted Investments investments that would be permitted by Section 15 of the Lease (but only to the extent such investments are available and, if such investments are not available, then in such other investments available to the Owner Trustee which, after consultation with the Owner Participant, the Owner Participant or Lessee, as applicable, Owner Participant or Lessee, as applicable, shall direct), all funds not transferred by the Owner Trustee by wire transfer on the same day as they were received. Notwithstanding the foregoing, the Owner Trustee will, if so requested by the Owner Participant or Lessee, as applicable, by written notice, pay any and all amounts payable by the Owner Trustee hereunder to the Owner Participant or Lessee, as applicable, either (ai) by crediting such amount or amounts to an account or accounts maintained by the Owner Participant or Lesseeas it may designate from time to time by written notice to the Owner Trustee, as applicable, with Owner Trustee in immediately available funds funds, or (bii) by mailing an official bank check or checks in such amount or amounts payable to the Owner Participant or Lessee, as applicable, at such address as the Owner Participant or Lessee, as applicable, shall have designated in writing to the Owner Trustee.

Method of Payments. The Owner Trustee shall make distributions or cause distributions to be made to (i) the Owner Participant or Lessee, as applicable, pursuant to this Article IV by transferring by wire transfer in immediately available funds the amount to be distributed to such account or accounts of the Owner Participant or Lessee, as applicable, as they respectively it may designate from time to time by written notice to the Owner Trustee (and the Owner Trustee shall use reasonable efforts to cause such funds to be transferred by wire transfer on the same day as received, but in any case not later than the next succeeding Business Day), and (ii) the Indenture Trustee pursuant to this Article IV by paying the amount to be distributed to the Indenture Trustee in the manner specified in the Trust Indenture; provided, however, that the Owner Trustee shall use its reasonable best efforts to invest overnight, for the benefit of the Owner Participant or Lessee, as applicableParticipant, in Permitted Investments investments that would be permitted by Section 15 of the Lease (but only to the extent such investments are available and, if such investments are not available, then in such other investments available to the Owner Trustee which, after consultation with the Owner Participant, the Owner Participant or Lessee, as applicable, Owner Participant or Lessee, as applicable, shall direct), all funds not transferred by the Owner Trustee by wire transfer on the same day as they were received. Notwithstanding the foregoingforegoing but subject always to the provisions of and Lien created by the Trust Indenture, the Owner Trustee will, if so requested by the Owner Participant or Lessee, as applicable, by written notice, pay any and all amounts payable by the Owner Trustee hereunder to the Owner Participant or Lessee, as applicable, either (ai) by crediting crediting, or causing the Indenture Trustee to credit, such amount or amounts to an account or accounts maintained by the Owner Participant with the Owner Trustee or Lesseethe Indenture Trustee, as applicablethe case may be, with Owner Trustee in immediately available funds funds, or (bii) by mailing mailing, or causing the Indenture Trustee to mail, an official bank check or checks in such amount or amounts payable to the Owner Participant or Lessee, as applicable, at such address as the Owner Participant or Lessee, as applicable, shall have designated in writing to the Owner Trustee.