Common use of CONDITIONS PRECEDENT TO OBLIGATIONS OF PARTICIPANTS Clause in Contracts

CONDITIONS PRECEDENT TO OBLIGATIONS OF PARTICIPANTS. The obligation of each Participant to make the Dollar amount of its respective Commitment available for payment as directed by the Owner Trustee on the Delivery Date is subject to satisfaction or waiver by each such Participant, on or prior to the Delivery Date, of the conditions precedent set forth below in this Section 5.1; PROVIDED, that it shall not be a condition precedent to the obligation of any Participant that any document be produced or action taken that is to be produced or taken by such Participant or by a Person within such Participant's control; PROVIDED, FURTHER, that Sections 5.1.2(iii), (xv) and (xxiii) (H) shall not be conditions precedent to the obligation of Loan Participants and Sections 5.1.15 and 5.1.16 shall not be conditions precedent to the obligation of Owner Participant.

Appears in 7 contracts

Samples: Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/)

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CONDITIONS PRECEDENT TO OBLIGATIONS OF PARTICIPANTS. The obligation of each Participant to make the Dollar amount of its respective Commitment available for payment as directed by the Owner Trustee on the Delivery Date is subject to satisfaction or waiver by each such Participant, on or prior to the Delivery Date, of the conditions precedent set forth below in this Section 5.1; PROVIDEDprovided, that it shall not be a condition precedent to the obligation of any Participant that any document be produced or action taken that is to be produced or taken by such Participant or by a Person within such Participant's control; PROVIDEDprovided, FURTHERfurther, that Sections 5.1.2(iii), (xv) and (xxiii) (H) shall not be conditions precedent to the obligation of Loan Participants Participant and Sections 5.1.15 and 5.1.16 shall not be conditions precedent to the obligation of Owner Participant.

Appears in 2 contracts

Samples: Participation Agreement (Atlas Air Inc), Participation Agreement (Atlas Air Inc)

CONDITIONS PRECEDENT TO OBLIGATIONS OF PARTICIPANTS. The obligation of each Participant to make the Dollar amount of its respective Commitment available for payment as directed by the Owner Trustee on the Delivery Date is subject to satisfaction or waiver by each such Participant, on or prior to the Delivery Date, of the conditions precedent set forth below in this Section 5.1; PROVIDED, that it shall not be a condition precedent to the obligation of any Participant that any document be produced or action taken that is to be produced or taken by such Participant or by a Person within such Participant's control; PROVIDED, FURTHER, that Sections 5.1.2(iii), (xv) and (xxiii) (H) shall not be conditions precedent to the obligation of Loan Participants Participant and Sections 5.1.15 and 5.1.16 shall not be conditions precedent to the obligation of Owner Participant.

Appears in 2 contracts

Samples: Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/)

CONDITIONS PRECEDENT TO OBLIGATIONS OF PARTICIPANTS. The obligation of each Participant to make the Dollar amount of its respective Commitment available for payment as directed by the Owner Trustee on the Delivery Closing Date is subject to satisfaction or waiver by each such Participant, on at or prior to the Delivery DateClosing, of the conditions precedent set forth below in this Section 5.1; PROVIDED, that it shall not be a condition precedent to the obligation of any Participant that any document be produced or action taken that is to be produced or taken by such Participant or by a Person within such Participant's control; PROVIDED, FURTHER, that Sections Section 5.1.2(iii), (xv) and (xxiii) (H) shall not be conditions a condition precedent to the obligation of Loan Participants Participant and Sections Section 5.1.15 and 5.1.16 shall not be conditions a condition precedent to the obligation of Owner Participant.

Appears in 1 contract

Samples: Participation Agreement (Continental Airlines Inc /De/)

CONDITIONS PRECEDENT TO OBLIGATIONS OF PARTICIPANTS. The obligation of each Participant to make the Dollar amount of its respective Commitment available for payment as directed by the Owner Trustee on the Delivery Closing Date is subject to satisfaction or waiver by each such Participant, on at or prior to the Delivery DateClosing, of the conditions precedent set forth below in this Section 5.1; PROVIDED, PROVIDED that it shall not be a condition precedent to the obligation of any Participant that any document be produced or action taken that is to be produced or taken by such Participant or by a Person within such Participant's control; PROVIDED, FURTHER, that Sections 5.1.2(iii), (xv) and (xxiii) (Hxv) shall not be conditions precedent to the obligation of Loan Participants Lender, and Sections 5.1.15 and 5.1.16 Section 5.1.5 shall not be conditions a condition precedent to the obligation of Owner Participant.

Appears in 1 contract

Samples: Lease Agreement (Republic Airways Holdings Inc)

CONDITIONS PRECEDENT TO OBLIGATIONS OF PARTICIPANTS. The obligation of each Participant to make the Dollar amount of its respective Commitment available for payment as directed by the Owner Trustee on the Delivery Closing Date is subject to satisfaction or waiver by each such Participant, on at or prior to the Delivery DateClosing, of the conditions precedent set forth below in this Section 5.1; PROVIDEDprovided, that it shall not be a condition precedent to the obligation of any Participant that any document be produced or action taken that is to be produced or taken by such Participant or by a Person within such Participant's control; PROVIDEDprovided, FURTHERfurther, that Sections 5.1.2(iii), (xv) and (xxiiixxv) (HG) and 5.1.15 shall not be conditions precedent to the obligation of Loan Participants Participant, and Sections 5.1.15 Section 5.1.2 (xxviii) and 5.1.16 Section 5.1.5 shall not be conditions a condition precedent to the obligation of Owner Participant.

Appears in 1 contract

Samples: Participation Agreement (Continental Airlines Inc /De/)

CONDITIONS PRECEDENT TO OBLIGATIONS OF PARTICIPANTS. The obligation of each Participant to make the Dollar amount of its respective Commitment available for payment as directed by the Owner Trustee on the Delivery Date is subject to satisfaction or waiver by each such Participant, on or prior to the Delivery Date, of the conditions precedent set forth below in this Section 5.1; PROVIDEDprovided, that it shall not be a condition precedent to the obligation of any Participant that any document be produced or action taken that is to be produced or taken by such Participant or by a Person within such Participant's control; PROVIDEDprovided, FURTHERfurther, that Sections 5.1.2(iii), (xv) and (xxiii) (H) shall not be conditions precedent to the obligation of Loan Participants PARTICIPATION AGREEMENT BASE PAGE 6 57 Participant and Sections 5.1.15 and 5.1.16 shall not be conditions precedent to the obligation of Owner Participant.

Appears in 1 contract

Samples: Lease Agreement (Continental Airlines Inc /De/)

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CONDITIONS PRECEDENT TO OBLIGATIONS OF PARTICIPANTS. The obligation of each Participant to make the Dollar amount of its respective Commitment available for payment as directed by the Owner Trustee on the Delivery Closing Date is subject to satisfaction or waiver by each such Participant, on at or prior to the Delivery DateClosing, of the conditions precedent set forth below in this Section 5.1; PROVIDED, that it shall not be a condition precedent to the obligation of any Participant that any document be produced or action taken that is to be produced or taken by such Participant or by a Person within such Participant's control; PROVIDED, FURTHER, that Sections 5.1.2(iii), (xv) and (xxiiixxv) (HG) and 5.1.15 shall not be conditions precedent to the obligation of Loan Participants Participant, and Sections 5.1.15 Section 5.1.2 (xxviii) and 5.1.16 Section 5.1.5 shall not be conditions a condition precedent to the obligation of Owner Participant.

Appears in 1 contract

Samples: Participation Agreement (Continental Airlines Inc /De/)

CONDITIONS PRECEDENT TO OBLIGATIONS OF PARTICIPANTS. The obligation of each Participant to make the Dollar amount of its respective Commitment available for payment as directed by the Owner Trustee on the Delivery Date is subject to satisfaction or waiver by each such Participant, on or prior to the Delivery Date, of the conditions precedent set forth below in this Section 5.1; PROVIDEDprovided, that it shall not be a condition precedent to the obligation of any Participant that any document be produced or action taken that is to be produced or taken by such Participant or by a Person within such Participant's control; PROVIDEDprovided, FURTHERfurther, that Sections 5.1.2(iii), (xv) and (xxiii) (Hxxiii)(H) shall not be conditions precedent to the obligation of Loan Participants Participant and Sections 5.1.15 and 5.1.16 shall not be conditions precedent to the obligation of Owner Participant.

Appears in 1 contract

Samples: Lease Agreement (Continental Airlines Inc /De/)

CONDITIONS PRECEDENT TO OBLIGATIONS OF PARTICIPANTS. The obligation of each Participant to make the Dollar amount of its respective Commitment available for payment as directed by the Owner Trustee on the Delivery Closing Date is subject to satisfaction or waiver by each such Participant, on at or prior to the Delivery DateClosing, of the conditions precedent set forth below in this Section 5.1; PROVIDEDprovided, that it shall not be a condition precedent to the obligation of any Participant that any document be produced or action taken that is to be produced or taken by such Participant or by a Person within such Participant's control; PROVIDED, FURTHER, that Sections 5.1.2(iii), (xv) and (xxiiixxv) (HG) and 5.1.15 shall not be conditions precedent to the obligation of Loan Participants Participant and Sections 5.1.15 and 5.1.16 Section 5.1.5 shall not be conditions a condition precedent to the obligation of Owner Participant.

Appears in 1 contract

Samples: Participation Agreement (Continental Airlines Inc /De/)

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