Common use of Assumption of Obligations of Owner Trustee by the Company Clause in Contracts

Assumption of Obligations of Owner Trustee by the Company. In the event that the Company shall have elected to assume all of the rights and obligations of the Owner Trustee under this Agreement in respect of the Certificates pursuant to Section 8(r) of the Participation Agreement in connection with the purchase by the Company of the Aircraft, and if on or prior to the Special Purchase Option Date (the "Assumption Date") the Indenture Trustee shall have received:

Appears in 5 contracts

Samples: Trust Indenture and Security Agreement (Southwest Airlines Co), Trust Indenture and Security Agreement (Southwest Airlines Co), Trust Indenture and Security Agreement (Southwest Airlines Co)

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Assumption of Obligations of Owner Trustee by the Company. In the event that the Company shall have elected to assume all of the rights and obligations of the Owner Trustee under this Agreement in respect of the Certificates pursuant to Section 8(r) of the Participation Agreement in connection with the purchase by the Company of the AircraftAircraft on the Special Purchase Option Date, and if on or prior to the Special Purchase Option Date (the "Assumption Date") the Indenture Trustee shall have received:

Appears in 2 contracts

Samples: Trust Indenture and Security Agreement (Southwest Airlines Co), Trust Indenture and Security Agreement (Southwest Airlines Co)

Assumption of Obligations of Owner Trustee by the Company. In the event that the Company shall have elected to assume all of the rights and obligations of the Owner Trustee under this Agreement Indenture in respect of the Certificates pursuant to Section 8(r) of the Participation Agreement in connection with the purchase by the Company of the AircraftAircraft pursuant to Section 8(l) of the Participation Agreement and, and if on or prior to the Special Purchase Option EBO Date or the date specified in the notice given by the Company pursuant to Section 9(a)(3) of the Lease, as the case may be (the each such date being an "Assumption Date") the Indenture Trustee shall have received:):

Appears in 1 contract

Samples: United Air Lines Inc

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Assumption of Obligations of Owner Trustee by the Company. In the event that the Company shall have elected to assume all of the rights and obligations of the Owner Trustee under this Agreement Indenture in respect of the Certificates pursuant to Section 8(r) of the Participation Agreement in connection with the purchase by the Company of the AircraftAircraft pursuant to Section 8(r) of the Participation Agreement and, and if on or prior to the Special Purchase Option Date (the "Assumption EBO Date") the Indenture Trustee shall have received:

Appears in 1 contract

Samples: United Air Lines Inc

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