Expense Account. On each Payment Date, such amounts as are provided in Section 3.08 hereof in respect of the Required Expense Amount and Permitted Accruals shall be deposited into the Expense Account from the Collections Account. Expenses shall be paid from the Expense Account as provided in Section 3.04 hereof.
Appears in 4 contracts
Samples: Intercreditor Agreement (Aircastle LTD), Intercreditor Agreement (Aircastle LTD), Intercreditor Agreement (Aircastle LTD)
Expense Account. On each Payment Date, such amounts as are provided in Section 3.08 hereof 3.09 in respect of the Required Expense Amount and Permitted Accruals shall be deposited into the Expense Account from the Collections Account. Expenses shall be paid from the Expense Account as provided in Section 3.04 hereof3.04.
Appears in 2 contracts
Samples: Trust Indenture (Babcock & Brown Air LTD), Trust Indenture (AerCap Holdings N.V.)
Expense Account. On each Payment Date, such amounts as are provided in Section 3.08 hereof in respect of the Required Expense Amount and Permitted Accruals shall be deposited into the Expense Account from the Collections Account. Expenses shall be paid from the Expense Expenses Account as provided in Section 3.04 hereof.
Appears in 1 contract
Samples: Trust Indenture (Aircastle LTD)
