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) JetBlue shall have consented to such assignment and (ii) each Rating Agency shall have provided a Ratings Confirmation in respect of such assignment and (iii) in the case of a Primary Liquidity Facility only, the applicable Policy Provider, if any, insuring the Class of Certificates having the benefit of such Primary Liquidity Facility shall have consented to such assignment (which consent shall not be unreasonably withheld or delayed); provided, that the Subordination Agent shall consent to such assignment if the conditions in the foregoing clauses (i), (ii) and (iii) are satisfied, and the foregoing is not intended to and shall not be construed to limit the rights of a Primary Liquidity Provider under Section 3.5(e)(ii).

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) JetBlue United shall have consented to such assignment assignment, such consent not to be unreasonably withheld or delayed, and (ii) each Rating Agency shall have provided a Ratings Confirmation in respect of such assignment and (iii) in the case of a Primary Liquidity Facility only, the applicable Policy Provider, if any, insuring the Class of Certificates having the benefit of such Primary Liquidity Facility shall have consented to such assignment (which consent shall not be unreasonably withheld or delayed)assignment; provided, that the Subordination Agent shall consent to such assignment if the conditions in the foregoing clauses (i), (ii) and (iiiii) are satisfied, and the foregoing is not intended to and shall not be construed to limit the rights of a Primary the initial Liquidity Provider under Section 3.5(e)(ii).

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) JetBlue Continental shall have consented to such assignment and (ii) each Rating Agency shall have provided a Ratings Confirmation in respect of such assignment and (iii) in the case of a the Primary Liquidity Facility only, the applicable Policy Provider, if any, insuring the Class of Certificates having the benefit of such Primary Liquidity Facility Provider shall have consented to such assignment (which consent shall not be unreasonably withheld or delayed); provided, that the Subordination Agent shall consent to such assignment if the conditions in the foregoing clauses (i), (ii) and (iii) are satisfied, and the foregoing is not intended to and shall not be construed to limit the rights of a the Primary Liquidity Provider under Section 3.5(e)(ii).

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) JetBlue United shall have consented to such assignment and (ii) each Rating Agency shall have provided a Ratings Confirmation in respect of such assignment, except that no Ratings Confirmation shall be required in connection with an assignment and (iii) in by the case applicable Liquidity Provider of a Primary any of its rights or obligations under any Liquidity Facility only, the applicable Policy Provider, if any, insuring the Class of Certificates having the benefit of such Primary Liquidity Facility shall have consented to such assignment (which consent shall not be unreasonably withheld or delayed)after a Final Advance thereunder; provided, that the Subordination Agent shall consent to such assignment if the conditions in the foregoing clauses (i), (ii) and (iiiii) are satisfied, and the foregoing is not intended to and shall not be construed to limit the rights of a Primary the initial Liquidity Provider under Section 3.5(e)(ii).