Common use of Extent of Interest of Holders Clause in Contracts

Extent of Interest of Holders. Subject to Section 14.01 of the Mortgage, a Holder shall not, as such, have any further interest in, or other right with respect to, the Mortgage Estate when and if the principal amount of and interest on and other amounts due under all Loan Certificates held by such Holder and all other sums due to such Holder hereunder and under the other Operative Documents shall have been paid in full, provided, however, to the extent, for any reason, any such sums paid to a Holder is rescinded or must otherwise be restored by such Holder, the obligations of the Borrower and the security interests created by the Mortgage shall be automatically reinstated with respect to such Holder and the Loan Participant, as applicable.

Extent of Interest of Holders. Subject to Section 14.01 of the Mortgage, a No Holder shall not, as such, have any further interest in, or other right with respect to, the mortgage and security interests created by the Mortgage Estate when and if the principal amount Original Amount of and interest on and other amounts due under all Loan Certificates Notes in respect of all Aircraft held by such Holder and all other sums due payable to such Holder hereunder hereunder, under the Mortgage and under the other Operative Documents such Notes shall have been paid in full, provided, however, to the extent, for any reason, any such sums paid to a Holder is are rescinded or must otherwise be restored by such Holder, the obligations of the Borrower Owner and the security interests created by the Mortgage shall be automatically reinstated with respect to such Holder and the Loan ParticipantSecurity Trustee, as applicable.

Extent of Interest of Holders. Subject to Section 14.01 of the Mortgage, a No Holder shall not, as such, have any further interest in, or other right with respect to, the mortgage and security interests created by the Mortgage Estate when and if the principal amount Original Amount of and interest on and other amounts due under all Loan Certificates in respect of the Designated Aircraft held by such Holder and all other sums due payable to such Holder hereunder hereunder, under the Mortgage and under the other Operative Documents such Loan Certificates shall have been paid in full, provided, however, to the extent, for any reason, any such sums paid to a Holder is are rescinded or must otherwise be restored by such Holder, the obligations of the Borrower and the security interests created by the Mortgage shall be automatically reinstated with respect to such Holder and the Loan ParticipantSecurity Trustee, as applicable.

Extent of Interest of Holders. Subject to Section 14.01 of the Mortgage, a No Holder shall not, as such, have any further interest in, or other right with respect to, the mortgage and security interests created by the Mortgage Estate when and if the principal amount Original Amount of and interest on and other amounts due under all Loan Certificates in respect of all Aircraft held by such Holder and all other sums due payable to such Holder hereunder hereunder, under the Mortgage and under the other Operative Documents such Loan Certificates shall have been paid in full, provided, however, to the extent, for any reason, any such sums paid to a Holder is are rescinded or must otherwise be restored by such Holder, the obligations of the Borrower and the security interests created by the Mortgage shall be automatically reinstated with respect to such Holder and the Loan ParticipantSecurity Trustee, as applicable.

Extent of Interest of Holders. Subject to Section 14.01 of the Mortgage, a No Holder shall not, as such, have any further interest in, or other right with respect to, the mortgage and security interests created by the Mortgage Estate in respect of any Designated Aircraft when and if the principal amount Original Amount of and interest on and other amounts due under all related Loan Certificates Certificate(s) held by such Holder and all other sums due payable to such Holder hereunder hereunder, under the Mortgage and under the other Operative Documents such Loan Certificate(s) in respect of such Designated Aircraft shall have been paid in full, provided, however, to the extent, for any reason, any such sums paid to a Holder is rescinded or must otherwise be restored by such Holder, the obligations of the Borrower and the security interests created by the such Mortgage shall be automatically reinstated with respect to such Holder and the Loan ParticipantSecurity Trustee, as applicable.

Extent of Interest of Holders. Subject to Section 14.01 of the Mortgage, a No Holder shall not, as such, have any further interest in, or other right with respect to, the mortgage and security interests created by the Mortgage Estate when and if the principal amount Original Amount of and interest on and other amounts due under all Loan Certificates Notes in respect of the Designated Aircraft held by such Holder and all other sums due payable to such Holder hereunder hereunder, under the Mortgage and under the other Operative Documents such Notes shall have been paid in full, provided, however, to the extent, for any reason, any such sums paid to a Holder is are rescinded or must otherwise be restored by such Holder, the obligations of the Borrower Owner and the security interests created by the Mortgage shall be automatically reinstated with respect to such Holder and the Loan ParticipantSecurity Trustee, as applicable.