Common use of Collateral Ownership Clause in Contracts

Collateral Ownership. Subject to the provisions described (including the actions permitted) under Sections 6.04 and 6.10 hereof, each Grantor will continue to maintain its interest in and right to use all property and assets so long as such property and assets constitute Collateral, except as provided in Section 5.09.

Appears in 17 contracts

Samples: Revolving Credit and Guaranty Agreement (United Airlines, Inc.), Term Loan Credit and Guaranty Agreement (United Airlines, Inc.), Credit and Guaranty Agreement (Spirit Airlines, Inc.)

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Collateral Ownership. Subject to the provisions described (including the actions permitted) under Sections 6.04 and 6.10 Section 6 hereof, each Grantor will continue to maintain its interest in and right to use all property and assets so long as such property and assets constitute Collateral, except as provided would not reasonably be expected to result in Section 5.09a Material Adverse Effect.

Appears in 4 contracts

Samples: Term Loan Credit and Guaranty Agreement (Delta Air Lines, Inc.), Credit and Guaranty Agreement (American Airlines, Inc.), Term Loan Credit and Guaranty Agreement (Delta Air Lines, Inc.)

Collateral Ownership. Subject to the provisions described of (including the actions permittedpermitted under) under Sections 6.04 Section 4.11 and 6.10 hereofArticle 5, the Contribution Agreements and the IP Licenses, each Grantor will continue to maintain its interest in and right to use all property and assets so long as such property and assets constitute Collateral, except as provided in Section 5.09.

Appears in 2 contracts

Samples: Indenture (Hawaiian Holdings Inc), Indenture (Spirit Airlines, Inc.)

Collateral Ownership. Subject to the provisions described (including the actions permitted) under Sections 6.04 and 6.10 hereof, each Grantor will continue to maintain its interest in and right to use all property and assets so long as such property and assets constitute Collateral, except as provided in Section 5.09.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (United Airlines, Inc.), Mortgage and Security Agreement (United Airlines, Inc.)

Collateral Ownership. Subject to the provisions described (including the actions permitted) under Sections Section 6.04 and Section 6.10 hereof, each Grantor will continue to maintain its interest in and right to use all property and assets so long as such property and assets constitute Collateral, except as provided in Section 5.09.

Appears in 1 contract

Samples: Mortgage and Security Agreement (United Airlines, Inc.)

Collateral Ownership. Subject to the provisions described (including the actions permitted) under Sections 6.04 Section 5.11, Section 6.8 and 6.10 hereofsubject to any Disposition of Collateral permitted by this Agreement, each Grantor Obligor will continue to maintain its interest in and right to use all property and assets so long as such property and assets constitute Collateral, except as provided in Section 5.09.

Appears in 1 contract

Samples: Loan Agreement (Us Airways Inc)

Collateral Ownership. Subject to the provisions described Sections 4.15 and 5.01 (including the actions permitted) under Sections 6.04 and 6.10 hereof, each Grantor will continue to maintain its interest in and right to use all property and assets so long as such property and assets constitute Shared Collateral or Azul Cargo Collateral, except as provided in Section 5.09.

Appears in 1 contract

Samples: Indenture (Azul Sa)

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Collateral Ownership. Subject to the provisions described (including the actions permitted) under Sections 6.04 4.10 and 6.10 hereof, 5.01 hereof and the definition of “Asset Sale,” each Grantor will continue to maintain its interest in and right to use all property and assets so long as such property and assets constitute Collateral, except as provided in Section 5.094.22.

Appears in 1 contract

Samples: Indenture (Continental Airlines Inc /De/)

Collateral Ownership. Subject to the provisions described (including the actions permitted) under Sections 6.04 and 6.10 hereof, each Grantor will continue to maintain its interest in and right to use all property and assets so long as such property and assets constitute Collateral, except as provided in Section 5.09. -106- [**] – Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Hawaiian Holdings Inc)

Collateral Ownership. Subject to the provisions described (including the actions permitted) under Sections 6.04 and 6.10 hereof, each Grantor will continue to maintain its interest in and right to use all property and assets so long as such property and assets constitute Collateral, except as provided in Section 5.09.. 110

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Republic Airways Holdings Inc)

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