Common use of Activities of Trust Clause in Contracts

Activities of Trust. (a) Other than in connection with the transactions contemplated by this Agreement or the Note Documents, the Trustee on behalf of the Applicable Trust shall not (i) borrow money or issue debt or (ii) merge with another entity, reorganize, liquidate or sell its assets.

Appears in 12 contracts

Samples: Trust Agreement (American Airlines Inc), Participation Agreement Refunding Agreement Lease Agreement (American Airlines Inc), Participation Agreement Indenture and Security Agreement (American Airlines Inc)

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Activities of Trust. (a) Other than in connection with the transactions contemplated by this Agreement or the Note Documents, the Trustee Trustee, on behalf of the Applicable Trust Trust, shall not (i) borrow money or issue debt or (ii) merge with another entity, reorganize, liquidate or sell its assets.

Appears in 11 contracts

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

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