Common use of Entitlement Orders Clause in Contracts

Entitlement Orders. Notwithstanding anything in this Indenture to the contrary, if at any time the Account Bank shall receive any "entitlement order" (within the meaning of Section 8-102(a)(8) of the UCC) or any other order from the Indenture Trustee directing the transfer or redemption of any financial asset relating to the Indenture Trustee's Account or with respect to any "security entitlements" (within the meaning of Section 8-102(a)(17) of the UCC) carried or to be carried in the Indenture Trustee's Account, the Account Bank shall comply with such entitlement order or other order without further consent by the Owner Lessor or any other Person. The parties hereto hereby agree that the Indenture Trustee shall have "control" (within the meaning of Section 8-106(d) of the UCC) of (A) the Indenture Trustee's Account, (B) all security entitlements carried or to be carried in the Indenture Trustee's Account and (C) the Owner Lessor's security entitlements with respect to the financial assets credited to the Indenture Trustee's Account and the Owner Lessor hereby disclaims any entitlement to claim "control" of such "security entitlements". Unless a Lease Indenture Event of Default shall have occurred and is continuing, the Indenture Trustee shall not deliver any entitlement order directing the transfer or redemption of any financial asset relating to the Indenture Trustee's Account.

Entitlement Orders. Notwithstanding anything in this Indenture to the contrary, if at any time the Account Bank shall receive any "entitlement order" (within the meaning of Section 8-102(a)(8) of the UCC) or any other order from the Lease Indenture Trustee directing the transfer or redemption of any financial asset relating to the Indenture Trustee's Account or with respect to any "security entitlements" (within the meaning of Section 8-102(a)(17) of the UCC) carried or to be carried in the Lease Indenture Trustee's Account, the Account Bank shall comply with such entitlement order or other order without further consent by the Owner Lessor Trust or any other Person. The parties hereto hereby agree that the Lease Indenture Trustee shall have "control" (within the meaning of Section 8-106(d) of the UCC) of (A) the Indenture Trustee's Account, (B) all security entitlements carried or to be carried in the Indenture Trustee's Account and (C) the Owner LessorTrust's "security entitlements entitlements" (within the meaning of Section 8-102(a)(17) of the UCC) with respect to the financial assets credited to the Lease Indenture Trustee's Account and the Owner Lessor Trust hereby disclaims any entitlement to claim "control" of such "security entitlements". Unless a Lease Indenture Event of Default shall have occurred and is continuing, the Lease Indenture Trustee shall not deliver any entitlement order directing the transfer or redemption of any financial asset relating to the Lease Indenture Trustee's Account.

Entitlement Orders. Notwithstanding anything in this Indenture to the contrary, if at any time the Account Bank shall receive any "“entitlement order" ” (within the meaning of Section 8-102(a)(8) of the UCC) or any other order from the Indenture Trustee directing the transfer or redemption of any financial asset relating to the Indenture Trustee's ’s Account or with respect to any "“security entitlements" ” (within the meaning of Section 8-102(a)(17) of the UCC) carried or to be carried in the Indenture Trustee's ’s Account, the Account Bank shall comply with such entitlement order or other order without further consent by the Owner Lessor or any other Person. The parties hereto hereby agree that the Indenture Trustee shall have "“control" ” (within the meaning of Section 8-106(d) of the UCC) of (A) the Indenture Trustee's ’s Account, (B) all security entitlements carried or to be carried in the Indenture Trustee's ’s Account and (C) the Owner Lessor's ’s security entitlements with respect to the financial assets credited to the Indenture Trustee's ’s Account and the Owner Lessor hereby disclaims any entitlement to claim "“control" ” of such "“security entitlements"”. Unless a Lease an Indenture Event of Default shall have occurred and is continuing, the Indenture Trustee shall not deliver any entitlement order directing the transfer or redemption of any financial asset relating to the Indenture Trustee's ’s Account.