Common use of Date, Place and Method of Payment Clause in Contracts

Date, Place and Method of Payment. If any date on which a payment of Rent becomes due and payable is not a Business Day, the Rent otherwise due on such date shall be due and payable on the next succeeding Business Day. All Basic Rent, Renewal Rent and Supplemental Rent payable under this Lease shall be paid by wire transfer in immediately available currency of the United States of America, no later than 12:00 p.m. (noon), New York City time, on the date payable hereunder, and, so long as the Lien of the Indenture shall not have been discharged, to or as directed by Indenture Trustee in accordance with the payment instructions set forth in Exhibit C hereto or at such other address in the City of New York or Hartford, Connecticut as Indenture Trustee may direct by thirty (30) days prior written notice to Lessee, except for all Excepted Payments. All Excepted Payments, and, upon discharge of the Lien of the Indenture, all payments of Rent thereafter made hereunder, shall be paid in such immediately available funds no later than 12:00 p.m. (noon), New York City time, on the date payable hereunder, to Lessor or to Owner Participant, as appropriate, in accordance with the payment instructions set forth in Exhibit C or at such other address as Lessor may direct by thirty (30) days prior written notice to Lessee.

Appears in 7 contracts

Samples: Engine Lease Agreement (America West Airlines Inc), Aircraft Lease Agreement (America West Airlines Inc), Engine Lease Agreement (America West Airlines Inc)

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Date, Place and Method of Payment. If any date on which a payment of Rent becomes due and payable is not a Business Day, the Rent otherwise due on such date shall be due and payable on the next succeeding Business Day. All Basic Rent, Renewal Rent and Supplemental Rent payable under this Lease shall be paid by wire transfer in immediately available currency of the United States of America, no later than 12:00 p.m. (noon), New York City time, on the date payable hereunder, and, so long as the Lien of the Indenture shall not have been discharged, to or as directed by Indenture Trustee in accordance with the payment instructions set forth in Exhibit C hereto or at such other address in the City of New York or Hartford, Connecticut as Indenture Trustee may direct by thirty (30) days prior written notice to Lessee, except for all Excepted Payments. All Excepted Payments, and, upon discharge of the Lien of the Indenture, all payments of Rent thereafter made hereunder, shall be paid in such immediately available funds no later than 12:00 p.m. (noon), New York City time, on the date payable hereunder, to Lessor or to Owner Participant, as appropriate, in accordance with the payment instructions set forth in Exhibit C or at such other address in the City of New York as Lessor may direct by thirty (30) days prior written notice to Lessee.

Appears in 1 contract

Samples: Engine Lease Agreement (America West Airlines Inc)

Date, Place and Method of Payment. If any date on which a payment of Rent becomes due and payable is not a Business Day, the Rent otherwise due on such date shall be due and payable on the next succeeding Business Day. All Basic Rent, Renewal Rent and Supplemental Rent payable under this Lease shall be paid by wire transfer in immediately available currency of the United States of America, no later than 12:00 p.m. (noon), New York City time, on the date payable hereunder, and, so long as the Lien of the Indenture shall not have been discharged, to or as directed by Indenture Trustee in accordance with the payment instructions set forth in Exhibit C hereto or at such other address in the City of New York or Hartford, Connecticut as Indenture Trustee may direct by thirty (30) days prior written notice to Lessee, except for all Excepted Payments. All Excepted Payments, and, upon discharge of the Lien of the Indenture, all payments of Rent thereafter made hereunder, shall be paid in such immediately available funds no later than 12:00 p.m. (noon), New York City time, on the date payable hereunder, to Lessor or to Owner Participant, as appropriate, in accordance with the payment instructions set forth in Exhibit C or at such other address as Lessor may direct by thirty (30) days prior written notice to Lessee.the

Appears in 1 contract

Samples: Aircraft Lease Agreement (America West Airlines Inc)

Date, Place and Method of Payment. If any date on which a payment of Rent becomes due and payable is not a Business Day, the Rent otherwise due on such date shall be due and payable on the next succeeding Business Day. All Basic Rent, Renewal Rent and Supplemental Rent payable under this Lease shall be paid by wire transfer in immediately available currency of the United States of America, no later than 12:00 p.m. (noon), New York City time, on the date payable hereunder, and, so long as the Lien of the Indenture shall not have been discharged, to or as directed by Indenture Trustee in accordance with the payment instructions set forth in Exhibit C hereto or at such other address in the The City of New York or Hartford, Connecticut as Indenture Trustee may direct by thirty (30) days prior written notice to Lessee, except for that all Excepted Payments. All Excepted Payments, and, and upon discharge of the Lien of the Indenture, all payments of Rent thereafter made hereunder, shall be paid in such immediately available funds no later than 12:00 p.m. (noon), New York City time, on the date payable hereunder, to Lessor or to Owner Participant, as appropriate, in accordance with the payment instructions set forth in Exhibit C or at such other address in The City of New York as Lessor may direct by thirty (30) days prior written notice to Lessee.

Appears in 1 contract

Samples: Aircraft Lease Agreement (America West Airlines Inc)

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Date, Place and Method of Payment. If any date on which a payment of Rent becomes due and payable is not a Business Day, the Rent otherwise due on such date shall be due and payable on the next succeeding Business Day. All Basic Rent, Renewal Rent and Supplemental Rent payable under this Lease shall be paid by wire transfer in immediately available currency of the United States of America, no later than 12:00 p.m. (noon), New York City time, on the date payable hereunder, and, so long as the Lien of the Indenture shall not have been discharged, to or as directed by Indenture Trustee in accordance with the payment instructions set forth in Exhibit C hereto or at such other address in the The City of New York or Hartford, Connecticut as Indenture Trustee may direct by thirty (30) days prior written notice to Lessee, except for that all Excepted Payments. All Excepted Payments, and, and upon discharge of the Lien of the Indenture, all payments of Rent thereafter made hereunder, shall be paid in such immediately available funds no later than 12:00 p.m. (noon), New York City time, on the date payable hereunder, to Lessor or to Owner Participant, as appropriate, in accordance with the payment instructions set forth in Exhibit C or at such other address in The City of New York as Lessor may direct by thirty (30) days prior written notice to Lessee.

Appears in 1 contract

Samples: Aircraft Lease Agreement (America West Airlines Inc)

Date, Place and Method of Payment. If any date on which a payment of Rent becomes due and payable is not a Business Day, the Rent otherwise due on such date shall be due and payable on the next succeeding Business Day. All Basic Rent, Renewal Rent and Supplemental Rent payable under this Lease shall be paid by wire transfer in immediately available currency of the United States of America, no later than 12:00 p.m. (noon), New York City time, on the date payable hereunder, and, so long as the Lien of the Indenture shall not have been discharged, to or as directed by Indenture Trustee in accordance with the payment instructions set forth in Exhibit C hereto or at such other address in the City of New York or Hartford, Connecticut as Indenture Trustee may direct by thirty (30) days prior written notice to Lessee, except for all Excepted Payments. All Excepted Payments, and, upon discharge of the Lien of the Indenture, all payments of Rent thereafter made hereunder, shall be paid in such immediately available funds no later than 12:00 p.m. (noon), New York City time, on the date payable hereunder, to Lessor or to Owner Participant, as appropriate, in accordance with the payment instructions set forth in Exhibit C or at such other address as Lessor may direct by thirty (30) days prior written notice to Lessee. Except as expressly set forth elsewhere in this Agreement, Lessee hereby waives, to the extent permitted by applicable Law, any and all rights which it may now have or which at any time hereafter may be conferred upon it, by statute or otherwise, to terminate, abatx, xxncel, quit, reduce, defer, suspend or surrender this Lease or the Aircraft or any obligation imposed upon Lessee hereunder or Each payment of Rent made by Lessee shall be final. Lessee will not seek to recover all or any part of any payment of Rent for any reason whatsoever except manifest error. If for any reason whatsoever this Lease shall be terminated in whole or in part by operation of Law, except as specifically provided herein, Lessee waives all rights (if any) to any diminution in its Rent obligations hereunder and nonetheless agrees to pay to Indenture Trustee or Lessor as provided in Section 4(c) hereof an amount equal to each Basic Rent or Renewal Rent, as the case may be, payment and any Supplemental Rent payment at the time such payments would have become due and payable in accordance with the terms hereof had this Lease not been terminated in whole or in part, and so long as such payments are made and all other terms and conditions hereof are complied with by Lessee, Lessor and Lessee will deem this Lease to remain in full force and effect. The foregoing shall not, however, be construed as a waiver of Lessee's other rights to seek damages, specific performance, other remedies at law or equity or any combination thereof, as against the Original Head Lessee, Lessor, Indenture Trustee or any other Person having an interest herein through the Original Head Lessee, Lessor, Indenture Trustee or any other Person as shall be liable therefor, on account of any failure of the Original Head Lessee, Lessor, Indenture Trustee or any other such Person to perform its express obligations under this Lease and the other Operative Documents, or to enforce any judgment obtained therefor.

Appears in 1 contract

Samples: Aircraft Lease Agreement (America West Airlines Inc)

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