Common use of Election to Retain Title Clause in Contracts

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)

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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: Magellan International Inc

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Election to Retain Title. If the Owner Trustee shall elect or shall to ------------------------ be deemed to have elected to retain title to the Transponders Facility Assets pursuant to Section 8(a) or 8(c) 7.4 of the Lease, the Owner Participant will make cause 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) 7.4 in accordance with the terms thereof.

Appears in 1 contract

Samples: Participation Agreement (Mobil Corp)

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