Common use of Minimum Rent Clause in Contracts

Minimum Rent. Anything herein to the contrary notwithstanding, (i) each installment of Basic Rent, whether or not such installment has been adjusted pursuant to Section 3(b), together with all prior Basic Rent due and payable on such date and all accrued interest thereon shall be, under all circumstances and in any event, in an amount at least sufficient for Lessor to pay in full principal and interest on the Loans relating to the Aircraft required to be paid by Lessor on or within five Business Days of the due date of such installment of Basic Rent; and (ii) payments of Stipulated Loss Value shall be, under any circumstances and in any event, in an amount which (when taken together with any other Basic Rent due and payable in connection therewith) is at least equal to, as of the date of payment, the sum of the aggregate unpaid principal of and accrued interest on the Loans relating to the Aircraft and all other unpaid Obligations of Lessor (other than principal and interest on Loans relating to other Aircraft and after taking into account all other payments of Stipulated Loss Value pursuant to the other Leases on such date).

Minimum Rent. Anything herein to the contrary notwithstanding, (i) each installment of Basic Rent, whether or not such installment has been adjusted pursuant to Section 3(b), together with all prior Basic Rent due and payable on such date and all accrued interest thereon shall be, under all circumstances and in any event, in an amount at least sufficient for Lessor to pay in full principal and interest on the Loans relating to the Aircraft and the Spare Engines required to be paid by Lessor on or within five Business Days of the due date of such installment of Basic Rent; and (ii) payments of Stipulated Loss Value shall be, under any circumstances and in any event, in an amount which (when taken together with any other Basic Rent due and payable in connection therewith) is at least equal to, as of the date of payment, the sum of the aggregate unpaid principal of and accrued interest on the Loans relating to the Aircraft and the Spare Engines and all other unpaid Obligations of Lessor (other than principal and interest on Loans relating to other Aircraft aircraft and other spare engines and after taking into account all other payments of Stipulated Loss Value pursuant to the other Leases on such date).

Minimum Rent. Anything herein to the contrary notwithstanding, (i) each installment of Basic Rent, whether or not such installment has been adjusted pursuant to Section 3(b), together with all prior Basic Rent due and payable on such date and all accrued interest thereon shall be, under all circumstances and in any event, in an amount at least sufficient for the Lessor to pay in full principal and interest on the Loans relating to the Aircraft required to be paid by the Lessor on or within five Business Days of the due date of such installment of Basic Rent; and (ii) payments of Stipulated Loss Value shall be, under any circumstances and in any event, in an amount which that (when taken together with any other Basic Rent due and payable in connection therewith) is at least equal to, as of the date of payment, the sum of the aggregate unpaid principal of and accrued interest on the Loans relating to the Aircraft and all other unpaid Obligations of the Lessor (other than principal and interest on Loans relating to other Aircraft aircraft or spare engines and after taking into account all other payments of Stipulated Loss Value pursuant to the other Leases on such date).

Minimum Rent. Anything herein to the contrary notwithstanding, (i) each installment of Basic Rent, whether or not such installment has been adjusted pursuant to Section 3(b), together with all prior Basic Rent due and payable on such date and all accrued interest thereon shall be, under all circumstances and in any event, in an amount at least sufficient for the Lessor to pay in full principal and interest on the Loans relating to the Aircraft Engines required to be paid by the Lessor on or within five Business Days of the due date of such installment of Basic Rent; and (ii) payments of Stipulated Loss Value shall be, under any circumstances and in any event, in an amount which that (when taken together with any other Basic Rent due and payable in connection therewith) is at least equal to, as of the date of payment, the sum of the aggregate unpaid principal of and accrued interest on the Loans relating to the Aircraft Engines and all other unpaid Obligations of the Lessor (other than principal and interest on Loans relating to aircraft or other Aircraft spare engines and after taking into account all other payments of Stipulated Loss Value pursuant to the other Leases on such date).