Common use of Acceptance of Aircraft Clause in Contracts

Acceptance of Aircraft. The Original Owner Participant hereby authorizes and directs the Owner Trustee to, and the Owner Trustee agrees for the benefit of the Owner Participant that it will, on the Delivery Date, subject to due compliance with the terms of Section 3.02 hereof:

Appears in 8 contracts

Samples: Trust Agreement (Northwest Airlines Corp), Trust Agreement (Northwest Airlines Corp), Trust Agreement (Northwest Airlines Inc /Mn)

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Acceptance of Aircraft. The Original Owner Participant hereby authorizes and directs the Owner Trustee to, and the Owner Trustee agrees for the benefit of the Owner Participant that it will, on the Delivery Date, subject to due compliance with the terms of Section 3.02 hereof:

Appears in 8 contracts

Samples: Trust Agreement (Northwest Airlines Corp), Trust Agreement (Northwest Airlines Corp), Trust Agreement (Northwest Airlines Corp)

Acceptance of Aircraft. The Original Airlease, as an Owner Participant Participant, hereby authorizes and directs the Owner Trustee to, and the Owner Trustee agrees for the benefit of the Owner Participant Participants, that it will, on the Delivery Date, it will, subject to due compliance with the terms of Section 3.02 4.02 hereof, take such actions as are required of Trustee hereunder or under the Operative Documents, including without limitation, the following:

Appears in 1 contract

Samples: Trust Agreement (Airlease LTD)

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Acceptance of Aircraft. The Original Owner Participant hereby authorizes and directs the Owner Trustee to, and the Owner Trustee agrees for the benefit of the Owner Participant that it will, on the Delivery Date, subject to due compliance with the terms of Section 3.02 hereof:

Appears in 1 contract

Samples: Indenture and Security Agreement (Delta Air Lines Inc /De/)

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