Election to Retain Title. If Owner Trustee shall elect or shall ------------------------ be deemed to have elected to retain title to the Transponders pursuant to Section 8(a) or 8(c) of the Lease, Owner Participant will make the required amount of funds available to Owner Trustee and will otherwise cause Owner Trustee to perform its obligations under such Section 8(a) or 8(c) in accordance with the terms thereof.
Appears in 3 contracts
Samples: Participation Agreement (Magellan International Inc), Participation Agreement (Magellan International Inc), Participation Agreement (Magellan International Inc)
Election to Retain Title. If If, at the direction of the Owner Participant, Owner Trustee shall elect or shall ------------------------ be deemed to have elected to retain title to the Buyer’s Transponders pursuant to Section 8(a) or 8(c) of the Lease, Owner Participant will make the required amount of funds available to Owner Trustee and will otherwise cause Owner Trustee to perform its obligations under such Section 8(a) or 8(c) in accordance with the terms thereof.
Appears in 1 contract
Samples: Participation Agreement (Xm Satellite Radio Holdings Inc)
Election to Retain Title. If Owner Trustee shall elect or shall ------------------------ be ------------------------- deemed to have elected to retain title to the Transponders pursuant to Section 8(a) or 8(c) of the Lease, Owner Participant will make the required amount of funds available to Owner Trustee and will otherwise cause Owner Trustee to perform its obligations under such Section 8(a) or 8(c) in accordance with the terms thereof.
Appears in 1 contract
Samples: Participation Agreement (Magellan International Inc)
