Final Withdrawal; Replacement Withdrawal; Event of Loss Withdrawal. (i) The Escrow Agent may, by providing at least 15 days’ prior notice of withdrawal to the Depositary in the form of Exhibit B hereto (a “Notice of Final Withdrawal”), withdraw (x) the entire amount of all of the remaining Deposits together with (y) all accrued and unpaid interest on such Deposits to but excluding the specified date of such withdrawal (such withdrawal of the amounts set forth in the immediately preceding clauses (x) and (y), the “Final Withdrawal”), on such date as shall be specified in such Notice of Final Withdrawal. If a Notice of Final Withdrawal has not been given to the Depositary on or before the Outside Termination Date (as defined below) and there are unwithdrawn Deposits on such date, the Depositary shall pay the amount of the Final Withdrawal to the Paying Agent on the Outside Termination Date. Following the Final Withdrawal of any Deposit, the balance in the related Account shall be reduced to zero and the Depositary shall close such Account. As used in this Agreement, the term “Outside Termination Date” shall mean June 15, 2018 (provided that, if a labor strike occurs or continues at The Boeing Company (“Boeing”) after the Issuance Date and on or prior to June 15, 2018, such date shall be extended by adding thereto the number of days that such strike continued in effect after the Issuance Date, but not more than 60 days and excluding any period of a strike at Boeing after all aircraft of Boeing shall have been financed hereunder).
Appears in 3 contracts
Samples: Deposit Agreement (American Airlines Inc), Deposit Agreement (American Airlines Inc), Deposit Agreement (American Airlines Inc)
Final Withdrawal; Replacement Withdrawal; Event of Loss Withdrawal. (i) The Escrow Agent may, by providing at least 15 days’ prior notice of withdrawal to the Depositary in the form of Exhibit B hereto (a “Notice of Final Withdrawal”), withdraw (x) the entire amount of all of the remaining Deposits together with (y) all accrued and unpaid interest on such Deposits to but excluding the specified date of such withdrawal (such withdrawal of the amounts set forth in the immediately preceding clauses (x) and (y), the “Final Withdrawal”), on such date as shall be specified in such Notice of Final Withdrawal. If a Notice of Final Withdrawal has not been given to the Depositary on or before the Outside Termination Date (as defined below) and there are unwithdrawn Deposits on such date, the Depositary shall pay the amount of the Final Withdrawal to the Paying Agent on the Outside Termination Date. Following the Final Withdrawal of any Deposit, the balance in the related Account shall be reduced to zero and the Depositary shall close such Account. As used in this Agreement, the term “Outside Termination Date” shall mean June 15September 30, 2018 2017 (provided that, if a labor strike occurs or continues at either Airbus S.A.S., The Boeing Company (“Boeing”) or Embraer S.A. after the Issuance Date and on or prior to June 15September 30, 20182017, such date shall be extended by adding thereto the number of days that such strike continued in effect after the Issuance Date, but not more than 60 days and excluding any period of a strike at Airbus S.A.S., The Boeing Company or Embraer S.A. after all aircraft of Boeing such manufacturer shall have been financed hereunder).
Appears in 3 contracts
Samples: Deposit Agreement (American Airlines Inc), Deposit Agreement (American Airlines Inc), Deposit Agreement (American Airlines Inc)
Final Withdrawal; Replacement Withdrawal; Event of Loss Withdrawal. (i) The Escrow Agent may, by providing at least 15 days’ prior notice of withdrawal to the Depositary in the form of Exhibit B hereto (a “Notice of Final Withdrawal”), withdraw (x) the entire amount of all of the remaining Deposits together with (y) all accrued and unpaid interest on such Deposits to but excluding the specified date of such withdrawal (such withdrawal of the amounts set forth in the immediately preceding clauses (x) and (y), the “Final Withdrawal”), on such date as shall be specified in such Notice of Final Withdrawal. If a Notice of Final Withdrawal has not been given to the Depositary on or before the Outside Termination Date (as defined below) and there are unwithdrawn Deposits on such date, the Depositary shall pay the amount of the Final Withdrawal to the Paying Agent on the Outside Termination Date. Following the Final Withdrawal of any Deposit, the balance in the related Account shall be reduced to zero and the Depositary shall close such Account. As used in this Agreement, the term “Outside Termination Date” shall mean June 1530, 2018 2017 (provided that, if a labor strike occurs or continues at either Airbus S.A.S., The Boeing Company (“Boeing”) or Embraer S.A. after the Issuance Date and on or prior to June 1530, 20182017, such date shall be extended by adding thereto the number of days that such strike continued in effect after the Issuance Date, but not more than 60 days and excluding any period of a strike at Airbus S.A.S., The Boeing Company or Embraer S.A. after all aircraft of Boeing such manufacturer shall have been financed hereunder).
Appears in 2 contracts
Samples: Deposit Agreement (American Airlines Inc), Deposit Agreement (American Airlines Inc)
Final Withdrawal; Replacement Withdrawal; Event of Loss Withdrawal. (i) The Escrow Agent may, by providing at least 15 days’ prior notice of withdrawal to the Depositary in the form of Exhibit B hereto (a “Notice of Final Withdrawal”), withdraw (x) the entire amount of all of the remaining Deposits together with (y) all accrued and unpaid interest on such Deposits to but excluding the specified date of such withdrawal (such withdrawal of the amounts set forth in the immediately preceding clauses (x) and (y), the “Final Withdrawal”), on such date as shall be specified in such Notice of Final Withdrawal. If a Notice of Final Withdrawal has not been given to the Depositary on or before the Outside Termination Date (as defined below) and there are unwithdrawn Deposits on such date, the Depositary shall pay the amount of the Final Withdrawal to the Paying Agent on the Outside Termination Date. Following the Final Withdrawal of any Deposit, the balance in the related Account shall be reduced to zero and the Depositary shall close such Account. As used in this Agreement, the term “Outside Termination Date” shall mean June 15December 31, 2018 2015 (provided that, if a labor strike occurs or continues at either The Boeing Company (“Boeing”) or Embraer S.A. after the Issuance Date and on or prior to June 15December 31, 20182015, such date shall be extended by adding thereto the number of days that such strike continued in effect after the Issuance Date, but not more than 60 days and excluding any period of a strike at The Boeing Company or Embraer S.A. after all aircraft of Boeing such manufacturer shall have been financed hereunder).
Appears in 2 contracts
Samples: Deposit Agreement (American Airlines Inc), Deposit Agreement (American Airlines Inc)
Final Withdrawal; Replacement Withdrawal; Event of Loss Withdrawal. (i) The Escrow Agent may, by providing at least 15 days’ prior notice of withdrawal to the Depositary in the form of Exhibit B hereto (a “Notice of Final Withdrawal”), withdraw (x) the entire amount of all of the remaining Deposits together with (y) all accrued and unpaid interest on such Deposits to but excluding the specified date of such withdrawal (such withdrawal of the amounts set forth in the immediately preceding clauses (x) and (y), the “Final Withdrawal”), on such date as shall be specified in such Notice of Final Withdrawal. If a Notice of Final Withdrawal has not been given to the Depositary on or before the Outside Termination Date (as defined below) and there are unwithdrawn Deposits on such date, the Depositary shall pay the amount of the Final Withdrawal to the Paying Agent on the Outside Termination Date. Following the Final Withdrawal of any Deposit, the balance in the related Account shall be reduced to zero and the Depositary shall close such Account. As used in this Agreement, the term “Outside Termination Date” shall mean June 15December 31, 2018 2016 (provided that, if a labor strike occurs or continues at either Airbus S.A.S. or The Boeing Company (“Boeing”) after the Issuance Date and on or prior to June 15December 31, 20182016, such date shall be extended by adding thereto the number of days that such strike continued in effect after the Issuance Date, but not more than 60 days and excluding any period of a strike at Airbus S.A.S. or The Boeing Company after all aircraft of Boeing such manufacturer shall have been financed hereunder).
Appears in 2 contracts
Samples: Deposit Agreement (American Airlines Inc), Deposit Agreement (American Airlines Inc)
Final Withdrawal; Replacement Withdrawal; Event of Loss Withdrawal. (i) The Escrow Agent may, by providing at least 15 days’ prior notice of withdrawal to the Depositary in the form of Exhibit B hereto (a “Notice of Final Withdrawal”), withdraw (x) the entire amount of all of the remaining Deposits together with (y) all accrued and unpaid interest on such Deposits (excluding the accrued and unpaid interest on each Deposit previously withdrawn pursuant to a Notice of Purchase Withdrawal) to but excluding the specified date of such withdrawal (such withdrawal of the amounts set forth in the immediately preceding clauses (x) and (y), the “Final Withdrawal”), on such date as shall be specified in such Notice of Final Withdrawal. If a Notice of Final Withdrawal has not been given to the Depositary on or before the Outside Termination Date (as defined below) and there are unwithdrawn Deposits on such date, the Depositary shall pay the amount of the Final Withdrawal to the Paying Agent on the Outside Termination Date. Following the Final Withdrawal of any Deposit, the balance in the related Account shall be reduced to zero and the Depositary shall close such Account. As used in this Agreement, the term “Outside Termination Date” shall mean June 15January 31, 2018 2021, or, if the Series AA Equipment Notes (as defined in the Pass Through Trust Agreement) relating to all of the New Aircraft (as defined in the Pass Through Trust Agreement) have not been purchased by the Pass Through Trustee on or prior to January 31, 2021 due to any reason beyond the control of American and not occasioned by American’s fault or negligence, March 31, 2021 (provided that, if a labor strike occurs or continues at The Boeing Company the Manufacturer (“Boeing”as defined in the Pass Through Trust Agreement) of any New Aircraft after the Issuance Date and on or prior to June 15January 31, 20182021, such date shall be extended by adding thereto the number of days that such strike continued in effect after the Issuance Date, but not more than 60 days and excluding any period of a strike at Boeing after all aircraft of Boeing shall have been financed hereunderdays).
Appears in 2 contracts
Samples: Deposit Agreement (American Airlines Inc), Deposit Agreement (American Airlines Inc)
Final Withdrawal; Replacement Withdrawal; Event of Loss Withdrawal. (i) The Escrow Agent may, by providing at least 15 days’ prior notice of withdrawal to the Depositary in the form of Exhibit B hereto (a “Notice of Final Withdrawal”), withdraw (x) the entire amount of all of the remaining Deposits together with (y) all accrued and unpaid interest on such Deposits to but excluding the specified date of such withdrawal (such withdrawal of the amounts set forth in the immediately preceding clauses (x) and (y), the “Final Withdrawal”), on such date as shall be specified in such Notice of Final Withdrawal. If a Notice of Final Withdrawal has not been given to the Depositary on or before the Outside Termination Date (as defined below) and there are unwithdrawn Deposits on such date, the Depositary shall pay the amount of the Final Withdrawal to the Paying Agent on the Outside Termination Date. Following the Final Withdrawal of any Deposit, the balance in the related Account shall be reduced to zero and the Depositary shall close such Account. As used in this Agreement, the term “Outside Termination Date” shall mean June December 15, 2018 2016 (provided that, if a labor strike occurs or continues at either Airbus S.A.S. or The Boeing Company (“Boeing”) after the Issuance Date and on or prior to June December 15, 20182016, such date shall be extended by adding thereto the number of days that such strike continued in effect after the Issuance Date, but not more than 60 days and excluding any period of a strike at Airbus S.A.S. or The Boeing Company after all aircraft of Boeing such manufacturer shall have been financed hereunder).
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Final Withdrawal; Replacement Withdrawal; Event of Loss Withdrawal. (i) The Escrow Agent may, by providing at least 15 days’ prior notice of withdrawal to the Depositary in the form of Exhibit B hereto (a “Notice of Final Withdrawal”), withdraw (x) the entire amount of all of the remaining Deposits together with (y) all accrued and unpaid interest on such Deposits (excluding the accrued and unpaid interest on each Deposit previously withdrawn pursuant to a Notice of Purchase Withdrawal) to but excluding the specified date of such withdrawal (such withdrawal of the amounts set forth in the immediately preceding clauses (x) and (y), the “Final Withdrawal”), on such date as shall be specified in such Notice of Final Withdrawal. If a Notice of Final Withdrawal has not been given to the Depositary on or before the Outside Termination Date (as defined below) and there are unwithdrawn Deposits on such date, the Depositary shall pay the amount of the Final Withdrawal to the Paying Agent on the Outside Termination Date. Following the Final Withdrawal of any Deposit, the balance in the related Account shall be reduced to zero and the Depositary shall close such Account. As used in this Agreement, the term “Outside Termination Date” shall mean June 15January 31, 2018 2023 or, if the Equipment Notes relating to all of the New Delivery Aircraft have not been purchased by the applicable Trustee on or prior to January 31, 2023 due to any reason beyond the control of American and not occasioned by American’s fault or negligence, March 31, 2023 (provided that, if a labor strike occurs or continues at The Boeing Company (“Boeing”) the manufacturer of any New Delivery Aircraft after the Issuance Date and on or prior to June 15January 31, 20182023, such date shall be extended by adding thereto the number of days that such strike continued in effect after the Issuance Date, but not more than 60 days and excluding any period of a strike at Boeing after all aircraft of Boeing shall have been financed hereunderdays).. 4 Deposit Agreement (Class B) (American Airlines 2021-1 EETC)
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Final Withdrawal; Replacement Withdrawal; Event of Loss Withdrawal. (i) The Escrow Agent may, by providing at least 15 days’ prior notice of withdrawal to the Depositary in the form of Exhibit B hereto (a “Notice of Final Withdrawal”), withdraw (x) the entire amount of all of the remaining Deposits together with (y) all accrued and unpaid interest on such Deposits (excluding the accrued and unpaid interest on each Deposit previously withdrawn pursuant to a Notice of Purchase Withdrawal) to but excluding the specified date of such withdrawal (such withdrawal of the amounts set forth in the immediately preceding clauses (x) and (y), the “Final Withdrawal”), on such date as shall be specified in such Notice of Final Withdrawal. If a Notice of Final Withdrawal has not been given to the Depositary on or before the Outside Termination Date (as defined below) and there are unwithdrawn Deposits on such date, the Depositary shall pay the amount of the Final Withdrawal to the Paying Agent on the Outside Termination Date. Following the Final Withdrawal of any Deposit, the balance in the related Account shall be reduced to zero and the Depositary shall close such Account. As used in this Agreement, the term “Outside Termination Date” shall mean June 15January 31, 2018 2023 or, if the Equipment Notes relating to all of the New Delivery Aircraft have not been purchased by the applicable Trustee on or prior to January 31, 2023 due to any reason beyond the control of American and not occasioned by American’s fault or negligence, March 31, 2023 (provided that, if a labor strike occurs or continues at The Boeing Company (“Boeing”) the manufacturer of any New Delivery Aircraft after the Issuance Date and on or prior to June 15January 31, 20182023, such date shall be extended by adding thereto the number of days that such strike continued in effect after the Issuance Date, but not more than 60 days and excluding any period of a strike at Boeing after all aircraft of Boeing shall have been financed hereunderdays).. 4 Deposit Agreement (Class A) (American Airlines 2021-1 EETC)
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Final Withdrawal; Replacement Withdrawal; Event of Loss Withdrawal. (i) The Escrow Agent may, by providing at least 15 days’ prior notice of withdrawal to the Depositary in the form of Exhibit B hereto (a “Notice of Final Withdrawal”), withdraw (x) the entire amount of all of the remaining Deposits together with (y) all accrued and unpaid interest on such Deposits (excluding the accrued and unpaid interest on each Deposit previously withdrawn pursuant to a Notice of Purchase Withdrawal) to but excluding the specified date of such withdrawal (such withdrawal of the amounts set forth in the immediately preceding clauses (x) and (y), the “Final Withdrawal”), on such date as shall be specified in such Notice of Final Withdrawal. If a Notice of Final Withdrawal has not been given to the Depositary on or before the Outside Termination Date (as defined below) and there are unwithdrawn Deposits on such date, the Depositary shall pay the amount of the Final Withdrawal to the Paying Agent on the Outside Termination Date. Following the Final Withdrawal of any Deposit, the balance in the related Account shall be reduced to zero and the Depositary shall close such Account. As used in this Agreement, the term “Outside Termination Date” shall mean June 15January 31, 2018 2021, or, if the Series AA Equipment Notes (as defined in the Pass Through Trust Agreement) relating to all of the New Aircraft (as defined in the Pass Through Trust Agreement) have not been purchased by the Pass Through Trustee on or prior to January 31, 2021 due to any reason beyond the control of American and not occasioned by American’s fault or negligence, March 31, 2021 (provided that, if a labor strike occurs or continues at The Boeing Company the Manufacturer (“Boeing”as defined in the Pass Through Trust Agreement) of any New Aircraft after the Issuance Date and on or prior to June 15January 31, 20182021, such date shall be extended by adding thereto the number of days that such strike continued in effect after the Issuance Date, but not more than 60 days and excluding any period of a strike at Boeing after all aircraft of Boeing shall have been financed hereunderdays).. 4 Deposit Agreement (Class AA)
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