Common use of Assignment of Liquidity Facility Clause in Contracts

Assignment of Liquidity Facility. The Subordination Agent agrees not to consent to the assignment by any Liquidity Provider of any of its rights or obligations under any Liquidity Facility or any interest therein, unless (i) US Airways shall have consented to such assignment, (ii) each Rating Agency shall have provided a Ratings Confirmation in respect of such assignment and (iii) in the case of the Class G Liquidity Facility only, the Policy Provider shall have consented to such assignment (which consent shall not be unreasonably withheld or delayed).

Appears in 4 contracts

Samples: Intercreditor Agreement (Us Airways Inc), Intercreditor Agreement (Us Airways Inc), Intercreditor Agreement (Us Airways Inc)

AutoNDA by SimpleDocs

Assignment of Liquidity Facility. The Subordination Agent agrees not to consent to the assignment by any Liquidity Provider of any of its rights or obligations under any Liquidity Facility or any interest therein, therein unless (i) US Airways American shall have consented to such assignment, assignment and (ii) each Rating Agency shall have provided a Ratings Confirmation in respect of such assignment and (iii) in the case of the Class G Liquidity Facility only, the Policy Provider shall have consented to such assignment (which consent shall not be unreasonably withheld or delayed)assignment.

Appears in 3 contracts

Samples: Intercreditor Agreement (American Airlines Inc), Intercreditor Agreement (American Airlines Inc), Intercreditor Agreement (American Airlines Inc)

Assignment of Liquidity Facility. The Subordination Agent agrees not to consent to the assignment by any Liquidity Provider of any of its rights or obligations under any Liquidity Facility or any interest therein, therein unless (i) US Airways Delta shall have consented to such assignment, assignment and (ii) each Rating Agency shall have provided a Ratings Confirmation in respect of such assignment and (iii) in the case of the Class G Liquidity Facility only, the Policy Provider shall have consented to such assignment (which consent shall not be unreasonably withheld or delayed)assignment.

Appears in 2 contracts

Samples: Intercreditor Agreement (Delta Air Lines Inc /De/), Intercreditor Agreement (Delta Air Lines Inc /De/)

Assignment of Liquidity Facility. The Subordination Agent agrees not to consent to the assignment by any Liquidity Provider of any of its rights or obligations under any its Liquidity Facility or any interest therein, therein unless (i) US Airways American shall have consented to such assignment, assignment and (ii) each Rating Agency shall have provided a Ratings Confirmation in respect of such assignment and (iii) in the case of the Class G Liquidity Facility only, the Policy Provider shall have consented to such assignment (which consent shall not be unreasonably withheld or delayed)assignment.

Appears in 1 contract

Samples: Intercreditor Agreement (American Airlines Inc)

Assignment of Liquidity Facility. The Subordination Agent agrees -------------------------------- not to consent to the assignment by any Liquidity Provider of any of its rights or obligations under any Liquidity Facility or any interest therein, unless (i) US Airways United shall have consented to such assignment, assignment and (ii) each Rating Agency shall have provided a Ratings Confirmation in respect of such assignment assignment, and (iii) in the case of the Class G Liquidity Facility only, the Policy Provider shall have consented foregoing is not intended to such assignment (which consent and shall not be unreasonably withheld or delayedconstrued to limit the rights of the Liquidity Provider set forth in the last sentence of Section 3.6(e)(i).

Appears in 1 contract

Samples: Intercreditor Agreement (United Air Lines Inc)

Assignment of Liquidity Facility. The Subordination Agent agrees not to consent to the assignment by any Liquidity Provider of any of its rights or obligations under any Liquidity Facility or any interest therein, unless (i) US Airways shall have consented to such assignment, assignment and (ii) each Rating Agency shall have provided a Ratings Confirmation in respect of such assignment and (iii) in the case of the Class G Liquidity Facility only, the Policy Provider shall have consented to such assignment (which consent shall not be unreasonably withheld or delayed)assignment.

Appears in 1 contract

Samples: Intercreditor Agreement (Us Airways Inc)

Assignment of Liquidity Facility. The Subordination Agent agrees not to consent to the assignment by any Liquidity Provider of any of its rights or obligations under any Class G Liquidity Facility or any interest therein, unless (i) US Airways shall have consented to such assignment, (ii) each Rating Agency shall have provided a Ratings Confirmation in respect of such assignment and (iii) in the case of the Class G Liquidity Facility only, the Policy Provider shall have consented to such assignment (which consent shall not be unreasonably withheld or delayed), and, upon the receipt of such consent from the Policy Provider, the Subordination Agent shall give such consent.

Appears in 1 contract

Samples: Intercreditor Agreement (Amtran Inc)

AutoNDA by SimpleDocs

Assignment of Liquidity Facility. The Subordination Agent agrees not to consent to the assignment by any Liquidity Provider of any of its rights or obligations under any Liquidity Facility or any interest therein, unless (i) US Airways America West shall have consented to such assignment, such consent to be within America West's sole discretion, and (ii) each Rating Agency shall have provided a Ratings Confirmation in respect of such assignment and, upon the satisfaction of (i) and (iii) in the case of the Class G Liquidity Facility onlyii), the Policy Provider Subordination Agent shall have consented to give such assignment (which consent shall not be unreasonably withheld or delayed)consent.

Appears in 1 contract

Samples: Intercreditor Agreement (America West Airlines Inc)

Assignment of Liquidity Facility. The Subordination Agent agrees not to consent to the assignment by any Liquidity Provider of any of its rights or obligations under any Liquidity Facility or any interest therein, therein unless (i) US Airways Delta shall have consented to such assignment, assignment and (ii) each Rating Agency shall have provided a Ratings Confirmation in respect of such assignment and (iii) in assignment; provided that the case of the Class G Liquidity Facility only, the Policy Provider Subordination Agent shall have consented consent to such assignment if the conditions in the foregoing clauses (which consent shall not be unreasonably withheld or delayed)i) and (ii) are satisfied.

Appears in 1 contract

Samples: Intercreditor Agreement (Delta Air Lines Inc /De/)

Assignment of Liquidity Facility. The Subordination Agent agrees not to consent to the assignment by any Liquidity Provider of any of its rights or obligations under any Liquidity Facility or any interest therein, unless (i) US Airways United shall have consented to such assignment, assignment and (ii) each Rating Agency shall have provided a Ratings Confirmation in respect of such assignment assignment, and (iii) in the case of the Class G Liquidity Facility only, the Policy Provider shall have consented foregoing is not intended to such assignment (which consent and shall not be unreasonably withheld or delayedconstrued to limit the rights of the Liquidity Provider set forth in the last sentence of Section 3.6(e)(i).

Appears in 1 contract

Samples: Intercreditor Agreement (United Air Lines Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!