Common use of Covenants by U.S. Bank Clause in Contracts

Covenants by U.S. Bank. (i) Status as Citizen of the United States. U.S. Bank, in its individual capacity, covenants with each of the other parties to this Note Purchase Agreement that it will, immediately upon obtaining knowledge of any facts that would cast doubt upon its continuing status as a Citizen of the United States and promptly upon public disclosure of negotiations in respect of any transaction which would or might adversely affect such status, notify in writing all parties hereto of all relevant matters in connection therewith. Upon U.S. Bank giving any such notice, U.S. Bank shall, subject to Section 8.01 of any Indenture then entered into, resign as Loan Trustee in respect of such Indenture.

Appears in 6 contracts

Samples: Note Purchase Agreement (Delta Air Lines Inc /De/), Note Purchase Agreement (Amr Corp), Note Purchase Agreement (Delta Air Lines Inc /De/)

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Covenants by U.S. Bank. (i) Status as Citizen of the United States. U.S. Bank, in its individual capacity, covenants with each of the other parties to this Note Purchase Agreement that it will, immediately upon obtaining knowledge of any facts that would cast doubt upon its continuing status as a Citizen of the United States and promptly upon public disclosure of negotiations in respect of any transaction which would or might adversely affect such status, notify in writing all parties hereto of all relevant matters in connection therewith. Upon U.S. Bank giving any such notice, U.S. Bank shall, subject to Section 8.01 of any Indenture then entered into, resign as Loan Trustee in respect of such Indenture.. Note Purchase Agreement 2009-1 Aircraft EETC

Appears in 1 contract

Samples: Note Purchase Agreement (American Airlines Inc)

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Covenants by U.S. Bank. (i) Status as Citizen of the United States. U.S. Bank, in its individual capacity, covenants with each of the other parties to this Note Purchase Agreement that it will, immediately upon obtaining knowledge of any facts that would cast doubt upon its continuing status as a Citizen of the United States and promptly upon public disclosure of negotiations in respect of any transaction which would or might adversely affect such status, notify in writing all parties hereto of all relevant matters in connection therewith. Upon U.S. Bank giving any such notice, U.S. Bank shall, subject to Section 8.01 8.02 of any Indenture then entered into, resign as Loan Trustee in respect of such Indenture.

Appears in 1 contract

Samples: Note Purchase Agreement (Delta Air Lines Inc /De/)

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