Conditions Precedent (Delivery Date. Subject to the last paragraph of this Section 4.02, the obligations of the Owner Trustee, the Owner Participant, the Indenture Trustee, the Subordination Agent and the Pass Through Trustee on behalf of each Pass Through Trust to participate in the transactions contemplated hereby on the Delivery Date are subject to the fulfillment to the satisfaction of each party (or waiver by such party), prior to or on the Delivery Date, of the following conditions precedent (it being understood that receipt by the Lessee of any of the following documents shall not be a condition precedent to the obligation of any party):
Appears in 3 contracts
Samples: Participation Agreement (Federal Express Corp), Participation Agreement (Federal Express Corp), Participation Agreement (Federal Express Corp)
Conditions Precedent (Delivery Date. Subject to the last paragraph of this Section 4.02, the The obligations of the Owner Trustee, the Owner Participant, the Indenture TrusteeLessee, the Subordination Agent Indenture Trustee and the Pass Through Trustee on behalf of each Pass Through Trust to participate in the transactions contemplated hereby on the Delivery Date are subject to the fulfillment to the satisfaction of each party (or waiver by such party), prior to or on the Delivery Date, of the following conditions precedent (it being understood that receipt by the Lessee of any of the following documents shall not be a condition precedent to the obligation of any party):
Appears in 1 contract
Conditions Precedent (Delivery Date. Subject to the last paragraph of this Section 4.02, the obligations of the Owner Trustee, the Owner Participant, the Indenture Trustee, the Subordination Agent and the Pass Pass-Through Trustee on behalf of each Pass Pass-Through Trust to participate in the transactions contemplated hereby on the Delivery Date are subject to the fulfillment to the reasonable satisfaction of each party (or waiver by such party), prior to or on the Delivery Date, of the following conditions precedent (it being understood that receipt by the Lessee of any of the following documents shall not be a condition precedent to the obligation of any party):
Appears in 1 contract
Samples: Participation Agreement (Atlantic Coast Airlines Inc)
