Common use of Discretion as to Execution of Documents Clause in Contracts

Discretion as to Execution of Documents. If in the opinion of Owner Trustee any document required to be executed pursuant to the terms of Section 10.01 adversely affects any right, duty, immunity or indemnity in favor of Trust Company or Owner Trustee hereunder or under any other Operative Document, Owner Trustee may in its discretion decline to execute such document.

Appears in 5 contracts

Samples: Purchase Agreement (American Airlines, Inc.), A320 Family Aircraft Purchase Agreement (American Airlines, Inc.), A320 Family Aircraft Purchase Agreement (Amr Corp)

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Discretion as to Execution of Documents. If in the opinion of the Owner Trustee any document required to be executed pursuant to the terms of Section 10.01 adversely affects any right, duty, immunity or indemnity in favor of Trust Company or the Owner Trustee hereunder or under any other Operative DocumentAgreement to which the Owner Trustee is a party, the Owner Trustee may in its discretion decline to execute such document.

Appears in 1 contract

Samples: Note Purchase Agreement (Midway Airlines Corp)

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