Common use of Fixed Investment Trust Clause in Contracts

Fixed Investment Trust. Notwithstanding anything herein to the contrary, the Owner Trustee shall not be authorized and shall have no power to "vary the investment" of the Owner Participant within the meaning of section 301.7701-4(c) of the Treasury Regulations.

Appears in 3 contracts

Samples: Trust Agreement (Midway Airlines Corp), Trust Agreement (Republic Airways Holdings Inc), Trust Agreement (Republic Airways Holdings Inc)

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Fixed Investment Trust. Notwithstanding anything ---------------------- herein to the contrary, the Owner Trustee shall not be authorized and shall have no power to "vary the investment" of the Owner Participant within the meaning of section 301.7701-4(c) of the Treasury Regulations.

Appears in 3 contracts

Samples: Trust Agreement (Midway Airlines Corp), Trust Agreement (Midway Airlines Corp), Trust Agreement (Midway Airlines Corp)

Fixed Investment Trust. Notwithstanding anything herein ---------------------- to the contrary, the Owner Trustee shall not be authorized and shall have no power to "vary the investment" of the Owner Participant within the meaning of section 301.7701-4(c) of the Treasury Regulations.

Appears in 2 contracts

Samples: Trust Agreement (Midway Airlines Corp), Note Purchase Agreement (Midway Airlines Corp)

Fixed Investment Trust. Notwithstanding anything herein to the ---------------------- contrary, the neither Owner Trustee shall not be authorized and shall nor have no any power to reinvest the proceeds of the Trust Estate or to otherwise "vary the investment" of the Owner Participant within the meaning of section Treasury Regulations (S) 301.7701-4(c) of the Treasury Regulations4(c)(1).

Appears in 2 contracts

Samples: Declaration and Agreement (Mobil Corp), Declaration and Agreement (Mobil Corp)

Fixed Investment Trust. Notwithstanding anything herein in this Trust Agreement to the contrary, the Owner Trustee shall not be authorized and shall have no power to "vary the investment" of the Owner Participant within the meaning of section Treasury Regulations Section 301.7701-4(c) 4(c)(1), it being duly understood that Owner Trustee shall have the power and authority to fulfill Owner Participant's obligations under Section 4.2 hereof and Section 25 of the Treasury RegulationsLease.

Appears in 1 contract

Samples: Trust Agreement (American Airlines Inc)

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Fixed Investment Trust. Notwithstanding anything herein in this Trust Agreement to the contrary, the Owner Trustee shall not be authorized and shall have no power to "β€œvary the investment" ” of the Owner Participant within the meaning of section Treasury Regulations Section 301.7701-4(c) 4(c)(1), it being understood that Owner Trustee shall have the power and authority to fulfill its obligations under Section 4.3 hereof, Section 4.3.3 of the Treasury RegulationsParticipation Agreement and Section 4.4 of the Lease.

Appears in 1 contract

Samples: Trust Agreement (Continental Airlines Inc /De/)

Fixed Investment Trust. Notwithstanding anything herein to ---------------------- the contrary, the Owner Trustee shall not be authorized and shall have no power to "vary the investment" of the Owner Participant within the meaning of section Treasury Regulations Section 301.7701-4(c) 4(c)(1), it being understood that the Owner Trustee shall have the power and authority to fulfill its obligations under Section 3.02 hereof, Section 22 of the Treasury RegulationsParticipation Agreement and Section 24 of the Lease.

Appears in 1 contract

Samples: Trust Agreement (Delta Air Lines Inc /De/)

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