Common use of No Obligation to Increase Commitments; Delayed Delivery Clause in Contracts

No Obligation to Increase Commitments; Delayed Delivery. (i) If the Indenture Trustee shall default in its obligation to make the amount of its Debt Portion available pursuant hereto, the Owner Participant shall have no obligation to make any portion of such Debt Portion available or to increase the amount of its Commitment, but the obligations of the Owner Participant shall nevertheless remain subject to the terms and conditions of this Agreement.

Appears in 6 contracts

Samples: Consent and Agreement (Federal Express Corp), Consent and Agreement (Federal Express Corp), Consent and Agreement (Federal Express Corp)

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No Obligation to Increase Commitments; Delayed Delivery. (iA) If the Indenture Trustee shall default in its obligation to make the amount of its Debt Portion available pursuant hereto, the Owner Participant shall have no obligation to make any portion of such Debt Portion available or to increase the amount of its Commitment, but the obligations of the Owner Participant shall nevertheless remain subject to the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Lease Agreement (Northwest Airlines Corp)

No Obligation to Increase Commitments; Delayed Delivery. (i) If the Indenture Trustee shall default in its obligation to make the amount of its Debt Portion available pursuant hereto, the Owner Participant shall have no obligation to make any portion of such Debt Portion available or to increase the amount of its Commitment, but the obligations of the Owner Participant shall nevertheless remain subject to the terms and conditions of this Agreement, until no later than September 30, 1997.

Appears in 1 contract

Samples: Federal Express Corp

No Obligation to Increase Commitments; Delayed Delivery. (i) If the Indenture Trustee shall default in its obligation to make the amount of its Debt Portion available pursuant hereto, the Owner Participant shall have no obligation to make any portion of such Debt Portion available or to increase the amount of its Commitment, but the obligations of the Owner Participant shall nevertheless remain subject to the terms and conditions of this Agreement, until no later than March 30, 1998.

Appears in 1 contract

Samples: Federal Express Corp

No Obligation to Increase Commitments; Delayed Delivery. (i) If the Indenture Trustee shall default in its obligation to make the amount of its Debt Portion available pursuant hereto, the Owner Participant shall have no obligation to make any portion of such Debt Portion available or to increase the amount of its Commitment, but and the obligations of the Owner Participant shall nevertheless remain subject to the terms and conditions of this Agreement, until no later than September 30, 1997.

Appears in 1 contract

Samples: Intercreditor Agreement (Federal Express Corp)

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No Obligation to Increase Commitments; Delayed Delivery. (i) If the Indenture Trustee shall default in its obligation to make the amount of its Debt Portion available pursuant hereto, the neither Owner Participant shall have no any obligation to make any portion of such Debt Portion available or to increase the amount of its respective Commitment, but the obligations of the each Owner Participant shall nevertheless remain subject to the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Consent and Agreement (Federal Express Corp)

No Obligation to Increase Commitments; Delayed Delivery. (i) If the Indenture Trustee shall default in its obligation to make the amount of its Debt Portion available pursuant hereto, the Owner Participant shall have no obligation to make any portion of such Debt Portion available or to increase the amount of its Commitment, but the obligations of the Owner Participant shall nevertheless remain subject to the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Lease Agreement (Atlantic Coast Airlines Inc)

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