Common use of Modification Agreement Clause in Contracts

Modification Agreement. The Aircraft Modification Agreement dated as of December 1, 1995 between the Lessee and the Manufacturer providing for the refurbishing and reconfiguration of the Aircraft including any warranties relating thereto, but only to the extent that the foregoing relates to the Aircraft, to the extent assigned to the Owner Trustee pursuant to the Warranty Bill of Sale. Moody's. Moody's Investors Servxxx, Inc. Net Present Vaxxx xx Rents. The net present value, as of the Delivery Date, of Basic Rent set forth in Schedule II of the Lease, discounted at a rate equal to the Debt Rate per annum compounded semi-annually. Non-U.S. Person. Any Person other than a U.S. Person. Obsolete Parts. Parts which the Lessee in good faith determines to be obsolete or no longer suitable or appropriate for use on the Airframe or any Engine.

Appears in 2 contracts

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

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Modification Agreement. The Aircraft Modification Agreement dated as of December 1, 1995 between the Lessee and the Manufacturer providing for the refurbishing and reconfiguration of the Aircraft including any warranties relating thereto, but only to the extent that the foregoing relates to the Aircraft, to the extent assigned to the Owner Trustee pursuant to the Warranty Bill Xxxx of Sale. Moody's. Moody's Xxxxx'x Investors ServxxxService, Inc. Net Present Vaxxx xx Value of Rents. The net present value, as of the Delivery Date, of Basic Rent set forth in Schedule II of the Lease, discounted at a rate equal to the Debt Rate per annum compounded semi-annually. Non-U.S. Person. Any Person other than a U.S. Person. Obsolete Parts. Parts which the Lessee in good faith determines to be obsolete or no longer suitable or appropriate for use on the Airframe or any Engine.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Federal Express Corp)

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Modification Agreement. The Aircraft Modification Agreement dated as of December 1, 1995 between the Lessee and the Manufacturer providing for the refurbishing and reconfiguration of the Aircraft including any warranties relating thereto, but only to the extent that the foregoing relates to the Aircraft, to the extent assigned to the Owner Trustee pursuant to the Warranty Bill of Sale. Moody's. Moody's Investors ServxxxService, Inc. Net Present Vaxxx xx Prxxxxt Value of Rents. The net present valuevxxxx, as xs of the Delivery Date, of Basic Rent set forth in Schedule II of the Lease, discounted at a rate equal to the Debt Rate per annum compounded semi-annually. Non-U.S. Person. Any Person other than a U.S. Person. Obsolete Parts. Parts which the Lessee in good faith determines to be obsolete or no longer suitable or appropriate for use on the Airframe or any Engine.

Appears in 1 contract

Samples: Federal Express Corp

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