DEPOSIT AND LETTER OF CREDIT. Lessee shall pay to Lessor the Deposit in cash (to which Deposit Section 5.13 of the Common Terms Agreement shall apply) in the amount and at the times provided in Schedule B hereto. Lessee shall be permitted to deliver to Lessor an irrevocable Letter of Credit in lieu of a portion of the Deposit in an amount up to the amount provided in Schedule B as the LC Amount, which Letter of Credit shall comply with the provisions of Section 5.14 of the Common Terms Agreement
Appears in 3 contracts
Samples: Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc), Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc), Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc)
DEPOSIT AND LETTER OF CREDIT. Lessee shall pay to Lessor the Deposit in cash (to which Deposit Section 5.13 of the Common Terms Agreement shall apply) in the amount and at the times provided in Schedule B hereto. Lessee shall be permitted to deliver to Lessor an irrevocable Letter of Credit in lieu of a portion of the Deposit in an amount up to the amount provided in Schedule B as the LC Amount, which Letter of Credit shall comply with the provisions of Section 5.14 of the Common Terms AgreementAgreement 3.2
Appears in 1 contract
Samples: Aircraft Lease Agreement
DEPOSIT AND LETTER OF CREDIT. Lessee shall pay to Lessor the Deposit in cash (to which Deposit Section 5.13 of the Common Terms Agreement shall apply) in the amount and at the times provided in Schedule B hereto. Lessee shall be permitted to deliver to Lessor an irrevocable Letter of Credit in lieu of a portion of the Deposit in an amount up to the amount provided in Schedule B as the LC Amount, which Letter of Credit shall comply with the provisions of Section 5.14 of the Common Terms Agreement.
Appears in 1 contract
Samples: Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc)
DEPOSIT AND LETTER OF CREDIT. Lessee shall pay to Lessor the Deposit in cash or by Letter of Credit (to which Deposit Section 5.13 Sections 5.12 and 5.13, as applicable, of the Common Terms Agreement shall apply) in the amount and at the times provided in Schedule B hereto. Lessee shall be permitted to deliver to Lessor an irrevocable Letter of Credit in lieu of a portion of the Deposit in an amount up to the amount provided in Schedule B as the LC Amount, which Letter of Credit shall comply with the provisions of Section 5.14 of the Common Terms Agreement.
Appears in 1 contract
Samples: Aircraft Lease Agreement (Frontier Airlines Inc /Co/)
