Common use of Lessee's Notice of Delivery Date Clause in Contracts

Lessee's Notice of Delivery Date. (a) Lessee agrees to give the Owner Participant, the Owner Trustee, the Original Loan Participant and the Indenture Trustee at least three (3) Business Days' written notice of the Delivery Date for the Aircraft, which Delivery Date shall be a Business Day not later than September 30, 1995, which notice shall specify (i) the amount of Lessor's Cost, (ii) the amount of each Participant's Commitment for the Aircraft, and (iii) the model and FAA registration number of the Aircraft and the manufacturer's serial numbers of the Airframe and each Engine. As to each Participant, the making of its Commitment for such Aircraft Subject to the terms and conditions of this Agreement, and simultaneously with receipt by the parties hereto of all amounts to be paid to them on the Delivery Date pursuant to this Section 2, Lessee shall transfer title to and deliver the Aircraft to the Owner Trustee, the Owner Trustee shall purchase and take title to, and accept delivery of, the Aircraft, and the Owner Trustee shall lease the Aircraft to Lessee, it being understood that the transactions described in this Section 2 are simultaneous and mutually dependent. The Owner Trustee shall issue and the Indenture Trustee shall authenticate the Series SWA 1995 Trust N602SW-I Certificate which shall be delivered simultaneously to the Original Loan Participant. On the Delivery Date, subject to the terms and conditions of this Agreement, and in consideration for the transfer of title to the Aircraft to the Owner Trustee, the Owner Trustee shall pay over the funds made available to it pursuant to the succeeding paragraph to Lessee in an aggregate amount equal to Lessor's Cost to Lessee's Account No. 98120000 xx Bank One, Dallas, N.A., ABA No. 111000000, 0017 Xxxx Xxxxxx, Xxxxxx, Xxxxx. The Original Loan Participant and the Owner Participant each agree to make its Commitment available to Shawmut Bank Connecticut, National Association, Hartford, Connecticut, Account No. 0067548290, ABA No. 011-000-000, Xxference: Southwest Airlines 1995 Trust N602SW, at or before 10:00 a.m. Dallas time, on the Delivery Date specified in Lessee's notice referred to in the first paragraph of this Section 2 (such specified Delivery Date being herein called the "Scheduled Delivery Date").

Lessee's Notice of Delivery Date. (a) Lessee agrees to give the Owner Participant, the Owner Trustee, the Original Loan Participant and the Indenture Trustee at least three (3) two Business Days' written notice of the Delivery Date for the Aircraft, which Delivery Date shall be a Business Day not later than September 30, 19951994, which notice shall specify (i) the amount of Lessor's Cost, (ii) Cost and the amount of each Participant's Commitment for the Aircraft, and (iii) the model and FAA registration number of the Aircraft and the manufacturer's serial numbers of the Airframe and each Engine. As to each Participant, the making of its Commitment for such Aircraft available in the manner required by this Section 2 shall constitute a waiver of such notice. The Owner Trustee and the Indenture Trustee shall be deemed to have waived such notice if the Owner Trustee shall have received from the Owner Participant funds in the full amount of the Owner Participant's Commitment and the proceeds of the sale of the Certificates in the full amount of the Original Loan Participant's Commitment. Subject to the terms and conditions of this Agreement, and simultaneously with receipt by the parties hereto of all amounts to be paid to them on the Delivery Date pursuant to this Section 2, Lessee shall transfer title to and deliver the Aircraft to the Owner Trustee, the Owner Trustee shall purchase and take title to, and accept delivery of, the Aircraft, and the Owner Trustee shall lease the Aircraft to Lessee, it being understood that the transactions described in this Section 2 are simultaneous and mutually dependent. The Owner Trustee shall issue issue, and the Indenture Trustee shall authenticate authenticate, the Series SWA 1995 Trust N602SW-I Certificate Certificates, in an aggregate principal amount equal to the Original Loan Participant's Commitment, which shall be delivered simultaneously to the Original Loan Participant. On the Delivery Date, subject to the terms and conditions of this Agreement, and in consideration for the transfer of title to the Aircraft to the Owner Trustee, the following payments shall be made, in each case in Dollars and in funds immediately available to the recipient: (A) by the Owner Participant to the Owner Trustee shall pay over an amount in Dollars equal to the Owner Participant's Commitment, (B) by the Original Loan Participant to the Owner Trustee an amount in Dollars equal to such Original Loan Participant's Commitment and (C) by the Owner Trustee to Lessee the funds made available to it pursuant to the succeeding paragraph to Lessee in clauses (A) and (B) above, which funds shall aggregate an aggregate amount equal to Lessor's Cost Cost. The payments in clauses (A) and (B) shall be made to the Owner Trustee's account no. 99000000 xx State Street Bank and Trust Company (Boston, Massachusetts) and the payments in (C) shall be made to the Lessee's Account Noaccount no. 98120000 xx HT0688 at State Street Bank Oneand Trust Company (Boston, Dallas, N.A., ABA NoMassachusetts). 111000000, 0017 Xxxx Xxxxxx, Xxxxxx, Xxxxx. The Original Loan Each Participant and the Owner Participant each agree agrees to make its Commitment available to Shawmut Bank Connecticut, National Association, Hartford, Connecticut, Account No. 0067548290, ABA No. 011-000-000, Xxference: Southwest Airlines 1995 Trust N602SW, the Owner Trustee at or before 10:00 a.m. Dallas 11:00 a.m., Boston, Massachusetts time, on the Delivery Date specified in Lessee's notice referred to in the first paragraph of this Section 2 (such specified Delivery Date being herein called the "Scheduled Delivery Date").'s

Lessee's Notice of Delivery Date. (a) Lessee agrees to give the Owner Participant, the Owner Trustee, the Original Loan Participant and the Indenture Trustee at least three (3) Business Days' written notice of the Delivery Date for the Aircraft, which Delivery Date shall be a Business Day not later than September 30, 1995, which notice shall specify (i) the amount of Lessor's Cost, (ii) the amount of each Participant's Commitment for the Aircraft, and (iii) the model and FAA registration number of the Aircraft and the manufacturer's serial numbers of the Airframe and each Engine. As to each Participant, the making of its Commitment for such Aircraft PARTICIPATION AGREEMENT [N603SW] -3- 9 available in the manner required by this Section 2 shall constitute a waiver of such notice. The Owner Trustee and the Indenture Trustee shall be deemed to have waived such notice if the Owner Trustee shall have received from the Owner Participant funds in the full amount of the Owner Participant's Commitment and the proceeds of the sale of the Series SWA 1995 Trust N603SW-I Certificate in the full amount of the Original Loan Participant's Commitment. Subject to the terms and conditions of this Agreement, and simultaneously with receipt by the parties hereto of all amounts to be paid to them on the Delivery Date pursuant to this Section 2, Lessee shall transfer title to and deliver the Aircraft to the Owner Trustee, the Owner Trustee shall purchase and take title to, and accept delivery of, the Aircraft, and the Owner Trustee shall lease the Aircraft to Lessee, it being understood that the transactions described in this Section 2 are simultaneous and mutually dependent. The Owner Trustee shall issue and the Indenture Trustee shall authenticate the Series SWA 1995 Trust N602SWN603SW-I Certificate which shall be delivered simultaneously to the Original Loan Participant. On the Delivery Date, subject to the terms and conditions of this Agreement, and in consideration for the transfer of title to the Aircraft to the Owner Trustee, the Owner Trustee shall pay over the funds made available to it pursuant to the succeeding paragraph to Lessee in an aggregate amount equal to Lessor's Cost to Lessee's Account No. 98120000 xx Bank One, Dallas, N.A., ABA No. 111000000, 0017 Xxxx Xxxxxx, Xxxxxx, Xxxxx. The Original Loan Participant and the Owner Participant each agree to make its Commitment available to Shawmut Bank Connecticut, National Association, Hartford, Connecticut, Account No. 0067548290, ABA No. 011-000-000, Xxference: Southwest Airlines 1995 Trust N602SWN603SW, at or before 10:00 a.m. Dallas time, on the Delivery Date specified in Lessee's notice referred to in the first paragraph of this Section 2 (such specified Delivery Date being herein called the "Scheduled Delivery Date").

Lessee's Notice of Delivery Date. (a) Lessee agrees to give the Owner Participant, the Owner Trustee, the Original Loan Participant and the Indenture Trustee at least three (3) Business Days' written notice of the Delivery Date for the Aircraft, which Delivery Date shall be a Business Day not later than September 30, 19951996, which notice shall specify (i) the amount of Lessor's Cost, (ii) the amount of each Participant's Commitment for the Aircraft, Aircraft and (iiiii) the model and FAA registration number of the Aircraft and the manufacturer's serial numbers of the Airframe and each Engine. As to each Participant, the making of its Commitment for such Aircraft available in the manner required by this Section 2 shall constitute a waiver of such notice. The Owner Trustee and the Indenture Trustee shall be deemed to have waived such notice if the Owner Trustee shall have received from the Owner Participant funds in the full amount of the Owner Participant's Commitment and the proceeds of the Subject to the terms and conditions of this Agreement, and simultaneously with receipt by the parties hereto of all amounts to be paid to them on the Delivery Date pursuant to this Section 2, Lessee shall transfer title to and deliver the Aircraft to the Owner Trustee, the Owner Trustee shall purchase and take title to, and accept delivery of, the Aircraft, and the Owner Trustee shall lease the Aircraft to Lessee, it being understood that the transactions described in this Section 2 are simultaneous and mutually dependent. The Owner Trustee shall issue and the Indenture Trustee shall authenticate the Series SWA 1995 1996 Trust N602SWN620SW-I Certificate which shall be delivered simultaneously to the Original Loan Participant. On the Delivery Date, subject to the terms and conditions of this Agreement, and in consideration for the transfer of title to the Aircraft to the Owner Trustee, the Owner Trustee shall pay over the funds made available to it pursuant to the succeeding paragraph to Lessee in an aggregate amount equal to Lessor's Cost to Lessee's Account No. 98120000 xx Bank One, Dallas, N.A., ABA No. 111000000, 0017 Xxxx Xxxxxx, Xxxxxx, Xxxxx. The Original Loan Participant and the Owner Participant each agree to make its Commitment available to Shawmut First Union National Bank Connecticutof North Carolina, National AssociationCharlotte, Hartford, ConnecticutNorth Carolina, Account No. 0067548290465946, ABA No. 011-000-000053000000, Xxference: Southwest Airlines 1995 1996 Trust N602SWN620SW, at or before 10:00 a.m. Dallas time, on the Delivery Date specified in Lessee's notice referred to in the first paragraph of this Section 2 (such specified Delivery Date being herein called the "Scheduled Delivery Date").