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-1 Airplanes Group Notes, then, all amounts Outstanding under the Subclass A-2 Airplanes Group Notes, then, all amounts Outstanding under the Subclass A-3 Airplanes Group Notes, then, all amounts Outstanding under the Subclass A-4 Airplanes Group Notes but in each case only following their respective Amortization Commencement Dates, then, all amounts Outstanding under the Subclass A-5 Airplanes Group Notes, then, all amounts Outstanding under the Subclass A-6 Airplanes Group Notes, then, all amounts Outstanding under the Subclass A-7 Airplanes Group Notes but only following its Amortization Commencement Date, then, all amounts Outstanding under the Subclass A-8 Airplanes Group Notes but only following its Amortization Commencement Date." 5

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-1 Airplanes Group Notes, then, all amounts Outstanding under the Subclass A-2 Airplanes Group Notes, then, all amounts Outstanding under the Subclass A-3 Airplanes Group Notes, then, all amounts Outstanding under the Subclass A-4 Airplanes Group Notes, then, all amounts Outstanding under the Subclass A- - Airplanes Group Notes, then, in the order of ascending numerical designation by subclass, all amounts Outstanding under any other Airplanes Group Class A Refinancing Notes that are Soft Bullet Notes, but in each such case only following their respective Amortization Commencement Dates, then, all to repay any amounts Outstanding under the Subclass A-5 Airplanes Group Notes, then, all to repay any amounts Outstanding under the Subclass A-6 A- - Airplanes Group Notes, then, all amounts Outstanding under in the Subclass A-7 Airplanes Group Notes but only following its Amortization Commencement Date, thenorder of ascending numerical designation by subclass, all amounts Outstanding under the Subclass A-8 Airplanes Group Notes but only following its Amortization Commencement Date." 5Outstanding

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-1 Airplanes Group Notes, then, all amounts Outstanding under the Subclass A-2 Airplanes Group Notes, then, all amounts Outstanding under the Subclass A-3 Airplanes Group Notes, then, all amounts Outstanding under the Subclass A-4 Airplanes Group Notes, then, all amounts Outstanding under the Subclass A- - Airplanes Group Notes, then, in the order of ascending numerical designation by subclass, all amounts Outstanding under any other Airplanes Group Class A Refinancing Notes that are Soft Bullet Notes, but in each such case only following their respective Amortization Commencement Dates, then, all to repay any amounts Outstanding under the Subclass A-5 Airplanes Group Notes, then, all to repay any amounts Outstanding under the Subclass A-6 A- - Airplanes Group Notes, then, all amounts Outstanding under in the Subclass A-7 Airplanes Group Notes but only following its Amortization Commencement Date, thenorder of ascending numerical designation by subclass, all amounts Outstanding under the Subclass A-8 any other Airplanes Group Class A Refinancing Notes but only following its Amortization Commencement Datethat are Amortizing Notes." 5"