Common use of Allocation of Principal Clause in Contracts

Allocation of Principal. Payments Among Subclasses of the Class A Airplanes Group Notes. To the extent that any Class A Minimum Principal Payment Amount, Class A Principal Adjustment Amount, Class A Supplemental Principal Payment Amount or Redemption Price is required to be made with respect to the Class A Airplanes Group Notes, and sufficient funds are available therefor, such amounts will be applied to repay, first, all amounts Outstanding under the Subclass A-6 Airplanes Group Notes, then, all amounts Outstanding under the Subclass A-8 Airplanes Group Notes but only following its Amortization Commencement Date, and then all amounts Outstanding under the Subclass A-9 Airplanes Group Notes."