IN LESSOR'S COST OF THE AIRCRAFT Sample Clauses

IN LESSOR'S COST OF THE AIRCRAFT. (a) PARTICIPATION BY PASS THROUGH TRUSTEES AND TRANSFER OF FUNDS. Subject to the terms and conditions of this Agreement, the Pass Through Trustee for each Pass Through Trust agrees to finance, in part, the Owner Trustee's payment of Lessor's Cost for the Aircraft by paying to the Owner Trustee the aggregate purchase price of the Secured Certificates being issued to such Pass Through Trustee as set forth on SCHEDULE II opposite the name of such Pass Through Trust. The Pass Through Trustees shall make such payments to the Indenture Trustee on behalf of the Owner Trustee by transferring to the account of the Indenture Trustee at State Street Bank and Trust Company, 000 Xxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000, ABA No. 011-00-0028, Account No. 0000-000-0, Attention: Corporate Trust Department, Reference: Northwest/NW 1997 G, not later than 9:30 a.m., New York City time, on the Certificate Closing Date in immediately available funds in Dollars, the amount set forth opposite the name of such Pass Through Trust on SCHEDULE II hereto. On the Certificate Closing Date, the Indenture Trustee shall, on behalf of the Owner Trustee, deposit by wire transfer or intra-bank transfer, the amounts received by it pursuant to the preceding sentence, which amounts shall constitute the Debt Portion set forth on SCHEDULE II hereto, in the Collateral Account pursuant to the Trust Indenture. Upon the occurrence of the above transfers by the Pass Through Trustee for each Pass Through Trust to the Indenture Trustee for the benefit of the Owner Trustee, the Owner Trustee, at the direction of the Initial Owner Participant, shall issue, pursuant to Article II of the Trust Indenture, to the Subordination Agent on behalf of the Pass Through Trustee for each of the Pass Through Trusts, Secured Certificates of the maturity and aggregate principal amount, bearing the interest rate and for the purchase price set forth on SCHEDULE II hereto opposite the name of such Pass Through Trust. On the Certificate Closing Date, concurrently with the events specified in this Section 1(a), the parties hereto shall execute and deliver, to the extent they are parties thereto, and consent to the execution and delivery of (if they are not parties thereto), the Trust Indenture and the other documents listed in Section 4(a)(iii) hereof.

IN LESSOR'S COST OF THE AIRCRAFT. (a) PARTICIPATION BY PASS THROUGH TRUSTEES. Subject to the terms and conditions of this Agreement, the Pass Through Trustee for each Pass Through Trust agrees to finance, in part, the Owner Trustee's payment of Lessor's Cost for the Aircraft by paying to the Owner Trustee the aggregate purchase price of the Secured Certificates being issued to such Pass Through Trustee as set forth on SCHEDULE II opposite the name of such Pass Through Trust. The Pass Through Trustees shall make such payments to the Owner Trustee on a date to be designated pursuant to Section 2 hereof, but in no event later than [__________], by transferring to the account of the Owner Trustee at State Street Bank and Trust Company, 000 Xxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000, ABA No. 000000000, Account No. 00000000, Reference: Northwest/NW [_____ __], not later than 9:30 a.m., New York City time, on the Delivery Date in immediately available funds in Dollars, the amount set forth opposite the name of such Pass Through Trust on SCHEDULE II hereto. Upon the occurrence of the above transfers by the Pass Through Trustee for each Pass Through Trust to the Owner Trustee, the Owner Trustee, at the direction of the Owner Participant, shall issue, pursuant to Article II of the Trust Indenture, to the Subordination Agent on behalf of the Pass Through Trustee for each of the Pass Through Trusts, Secured Certificates of the maturity and aggregate principal amount, bearing the interest rate and for the purchase price set forth on SCHEDULE II hereto opposite the name of such Pass Through Trust.