Common use of Indenture Event of Default Clause in Contracts

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 or Expenses imposed against the Indenture Trustee which are not required to be indemnified against by the Lessee pursuant to the Participation Agreement by reason of Section 8.01(b) or 9.01(b) thereof.

Appears in 4 contracts

Samples: Lease Agreement (Federal Express Corp), Indenture and Security Agreement (Federal Express Corp), Lease Agreement (Federal Express Corp)

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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 or Expenses imposed against the Indenture Trustee in its individual capacity in respect of which are not required to be indemnified against by the Lessee pursuant has not indemnified (and is not obligated to indemnify) the Participation Agreement by reason of Section 8.01(b) or 9.01(b) thereofIndenture Trustee in such capacity.

Appears in 4 contracts

Samples: Lease Agreement (Federal Express Corp), Indenture and Security Agreement (Federal Express Corp), Federal Express Corp

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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 or Expenses imposed against the Indenture Trustee in its individual capacity or its Affiliates against which are not required to be indemnified against by the Lessee pursuant has not indemnified (and is not obligated to indemnify) the Participation Agreement by reason of Section 8.01(b) or 9.01(b) thereofIndenture Trustee in such capacity.

Appears in 2 contracts

Samples: Lease Agreement (Federal Express Corp), Federal Express Corp

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