Indenture Event of Default. Indenture Event of Default" means any of the following events (whatever the reason for such Indenture Event of Default and whether it shall be voluntary or involuntary or come about or be effected by operation of law or pursuant to or in compliance with any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):
Indenture Event of Default. Each of the events specified in Section 7.01 of the Indenture. Indenture Trustee. First Security Bank, National Association, a national banking association, not in its individual capacity but solely as Indenture Trustee under the Indenture. Indenture Trustee's Liens. Any Lien against, on or with respect to the Aircraft, the Lessor's Estate or the Trust Indenture Estate or any part thereof resulting from (i) claims against the Indenture Trustee not related to the administration of the Trust Indenture Estate or any transactions pursuant to the Indenture or any document included in the Trust Indenture Estate, (ii) any act or omission of the Indenture Trustee which is not related to the transactions contemplated by the Operative Agreements or is in violation of any of the terms of the Operative Agreements or (iii) Taxes imposed against the Indenture Trustee in its individual capacity in respect of which the Lessee has not indemnified (and is not obligated to indemnify) the Indenture Trustee in such capacity.
Indenture Event of Default. Each of the events specified in Section 7.01 of the Indenture. Indenture Trustee. First Security Bank, National Association, a national banking association, not in its individual capacity but solely as Indenture Trustee under the Indenture. Indenture Trustee's Liens. Any Lien against, on or with respect to the Aircraft, the Lessor's Estate or the Trust Indenture Estate or any part thereof resulting from (i) claims against the Indenture Trustee not related to the administration of the Trust Indenture Estate or any transactions pursuant to the Indenture or any document included in the Trust Indenture Estate, (ii) any act or omission of the Indenture Trustee which is not related to the transactions contemplated by the Operative Agreements or is in violation of any of the terms of the Operative Agreements or (iii) Taxes imposed against the Indenture Trustee in its individual capacity against which the Lessee has not indemnified (and is not obligated to indemnify) the Indenture Trustee in such capacity. Independent Investment Banker. An independent investment banking institution of national standing appointed by the Lessee that is independent in fact, does not have any direct financial interests, or any material indirect financial interest, in the Lessee or any Affiliate of the Lessee, and is not connected with the Lessee or any Affiliate of the Lessee, as an officer, employee, promoter, underwriter, trustee, partner, director or Person performing similar functions; provided, that if the Indenture Trustee shall not have received written notice of such an appointment at least 10 days prior to the Prepayment Date, "Independent Investment Banker" shall mean such an institution appointed by the Indenture Trustee. Initial Owner Participant. Federal Express Corporation, a Delaware corporation.
Indenture Event of Default. Indenture Event of -------------------------- ------------------ Default" means any of the following events (whatever the reason for such ------- Indenture Event of Default and whether such event shall be voluntary or involuntary or come about or be effected by operation of law or pursuant to or in compliance with any judgment, decree or order of any court or any order, rule or regulation of any administration or governmental body): TRUST INDENTURE
(a) any Lease Event of Default; or
(b) the failure (other than by reason of a Lease Event of Default) of the Owner Trustee to pay when due any payment of principal of or Premium Amount, if any, or interest on any Certificate and such failure shall have continued unremedied for five Business Days, or the failure (other than by reason of a Lease Event of Default) of the Owner Trustee to pay when due any other amount due and payable hereunder, or under any Certificate, and such failure shall have continued unremedied for ten Business Days after notice thereof to the Owner Trustee; or
(c) any Lessor Lien required to be discharged by The Bank pursuant to Section 4.01(a) or required to be discharged by the Owner Trustee pursuant to Section 4.01(b) (ii) or required to be discharged by the Owner Participant pursuant to Section 6.2.6 of any Participation Agreement shall remain undischarged for a period of 30 calendar days after a responsible officer of The Bank, the Owner Trustee or the Owner Participant, as the case may be, shall have actual knowledge of such Lessor Lien; or
(d) any representation or warranty made by the Owner Trustee, any Existing Owner Trustee, any Initial Owner Participant, the Owner Participant or the Trust Company herein or in any other Operative Agreement, or made by any Person (other than either of the Guarantor of the Series B Certificates as to the Guarantee) guaranteeing or supporting the obligations of the Owner Participant under the Operative Agreements in its guarantee or support agreement, shall prove to have been false or incorrect when made in any material respect to the Certificate Holders; or
(e) any failure by the Owner Trustee to observe any of its other covenants in Section 4.01(b) or any failure by the Owner Participant to observe any of its covenants in Section 6.2.5, 6.2.9 or 6.2.10 of any Participation Agreement, or disaffirmance or repudiation by any Person (other than either of the Guarantors of the Series B Certificates as to the Guarantee) guaranteeing or supporting the obli...
Indenture Event of Default. An Event of Default as defined in the Indenture. Indenture Trustee: Deutsche Bank Trust Company Americas, in its capacity as indenture trustee under the Indenture. Initial Holder: Saxon Securities and Certificates, Inc. Master Servicer: Saxon Funding Management, Inc. or any successor in interest, as master servicer under the Sale and Servicing Agreement.
Indenture Event of Default. The occurrence of an Event of Default under and as defined in the Indenture or any amendment of said Indenture.
Indenture Event of Default. The occurrence of an Event of Default under the Indenture. Party B shall be the sole Affected Party with respect to the Termination Event described in this Part 1(h)(2).
Indenture Event of Default. The events of default described in Section 5.1 of the Indenture. INDENTURE TRUSTEE: First Bank National Association, a national banking association, as Indenture Trustee under the Indenture and this Agreement acting on behalf of the Noteholders, or any successor indenture trustee under the Indenture or this Agreement.
Indenture Event of Default. Any event of default specified in -------------------------- Section 5.1 of the Indenture. Indenture Trustee: U.S. Bank National Association, a national banking ----------------- association, as Indenture Trustee under the Indenture, or any successor indenture trustee under the Indenture.
Indenture Event of Default. The occurrence of any of the events enumerated in Section 6.01 of the Indenture.
