Subject to the Financing Agreements, the Company shall apply the Company Revenue in the following order of priority:
(a) all costs and expenses of an operational or administrative nature incurred by the Company in connection with the operation of the Facilities;
(b) all costs and expenses of an operational or administrative nature incurred by the Company in connection with the maintenance or renewal of the Facilities;
(c) applicable Taxes;
(d) amounts due under the Financing Agreement;
(e) the Concession Fee;
(f) maintenance reserve account established and operated by the Company pursuant to the terms of the Financing Agreements; and
(g) distributions (dividends).