Notice from the Lessee. The Lessee shall give the Lessor, the Owner Participant and the Indenture Trustee not more than 360 days nor less than 90 days prior written notice of its election to purchase pursuant to Section 4.02(a)(D) or 4.02(a)(E) of the Lease. Such notice shall either direct the Lessor to prepay the Certificates in full on such Termination Date pursuant to Section 6.02 of the Indenture or state that the Lessee shall exercise its option to assume the Certificates pursuant to Section 7.11 of the Participation Agreement and Section 2.12 of the Indenture. The Lessee's notice pursuant to Section 4.02(a)(D) or 4.02(a)(E) of the Lease shall become irrevocable 10 days prior to the applicable purchase date designated in such notice but if any such notice is revoked, the Lessee shall no longer be entitled to purchase the Aircraft as a result of the facts and circumstances originally giving rise to such right. Exhibit A to Lease Agreement THE INTEREST OF LESSOR UNDER THIS LEASE SUPPLEMENT NO. __ IS SUBJECT TO A SECURITY INTEREST LEASE SUPPLEMENT NO. __ (Federal Express Corporation Trust No. N676FE)
Appears in 1 contract
Notice from the Lessee. The Lessee shall give the Lessor, the Owner Participant and the Indenture Trustee not more than 360 days nor less than 90 days prior written notice of its election to purchase pursuant to Section 4.02(a)(D) or 4.02(a)(E) of the Lease. Such notice shall either direct the Lessor to prepay the Certificates in full on such Termination Date pursuant to Section 6.02 of the Indenture or state that the Lessee shall exercise its option to assume the Certificates pursuant to Section 7.11 of the Participation Agreement and Section 2.12 of the Indenture. The Lessee's notice pursuant to Section 4.02(a)(D) or 4.02(a)(E) of the Lease shall become irrevocable 10 days prior to the applicable purchase date designated in such notice but if any such notice is revoked, the Lessee shall no longer be entitled to purchase the Aircraft as a result of the facts and circumstances originally giving rise to such right. Exhibit A to Lease Agreement THE INTEREST OF LESSOR UNDER THIS LEASE SUPPLEMENT NO. __ IS SUBJECT TO A SECURITY INTEREST LEASE SUPPLEMENT NO. __ (Federal Express Corporation Trust No. N676FEN680FE)
Appears in 1 contract
Notice from the Lessee. The Lessee shall give the Lessor, the each Owner Participant and the Indenture Trustee not more than 360 days nor less than 90 days prior written notice of its election to purchase pursuant to Section 4.02(a)(D) or 4.02(a)(E) of the Lease. Such notice shall either direct the Lessor to prepay the Certificates in full on such Termination Date pursuant to Section 6.02 of the Indenture or state that the Lessee shall exercise its option to assume the Certificates pursuant to Section 7.11 of the Participation Agreement and Section 2.12 of the Indenture. The Lessee's notice pursuant to Section 4.02(a)(D) or 4.02(a)(E) of the Lease shall become irrevocable 10 days prior to the applicable purchase date designated in such notice but if any such notice is revoked, the Lessee shall no longer be entitled to purchase the Aircraft as a result of the facts and circumstances originally giving rise to such right. Exhibit A to Lease Agreement THE INTEREST OF LESSOR UNDER THIS LEASE SUPPLEMENT NO. __ IS SUBJECT TO A SECURITY INTEREST LEASE SUPPLEMENT NO. __ (Federal Express Corporation Trust No. N676FEN679FE)
Appears in 1 contract
Notice from the Lessee. The Lessee shall give the Lessor, the Owner Participant and the Indenture Trustee not more than 360 days nor less than 90 days prior written notice of its election to purchase pursuant to Section 4.02(a)(D) or 4.02(a)(E) of the Lease. Such notice shall either direct the Lessor to prepay the Certificates in full on such Termination Date pursuant to Section 6.02 of the Indenture or state that the Lessee shall exercise its option to assume the Certificates pursuant to Section 7.11 of the Participation Agreement and Section 2.12 of the Indenture. The Lessee's notice pursuant to Section 4.02(a)(D) or 4.02(a)(E) of the Lease shall become irrevocable 10 days prior to the applicable purchase date designated in such notice but if any such notice is revoked, the Lessee shall no longer be entitled to purchase the Aircraft as a result of the facts and circumstances originally giving rise to such right. Exhibit A to Lease Agreement --------------- THE INTEREST OF LESSOR UNDER THIS LEASE SUPPLEMENT NO. __ IS SUBJECT TO A SECURITY INTEREST LEASE SUPPLEMENT NO. __ (Federal Express Corporation Trust No. N676FEN678FE)
Appears in 1 contract
Notice from the Lessee. The Lessee shall give the Lessor, the Owner Participant and the Indenture Trustee not more than 360 days nor less than 90 days prior written notice of its election to purchase pursuant to Section 4.02(a)(D) or 4.02(a)(E) of the Lease. Such notice shall either direct the Lessor to prepay the Certificates in full on such Termination Date pursuant to Section 6.02 of the Indenture or state that the Lessee shall exercise its option to assume the Certificates pursuant to Section 7.11 of the Participation Agreement and Section 2.12 of the Indenture. The Lessee's notice pursuant to Section 4.02(a)(D) or 4.02(a)(E) of the Lease shall become irrevocable 10 days prior to the applicable purchase date designated in such notice but if any such notice is revoked, the Lessee shall no longer be entitled to purchase the Aircraft as a result of the facts and circumstances originally giving rise to such right. Exhibit A to Lease Agreement --------------- THE INTEREST OF LESSOR UNDER THIS LEASE SUPPLEMENT NO. __ IS SUBJECT TO A SECURITY INTEREST LEASE SUPPLEMENT NO. __ (Federal Express Corporation Trust No. N676FE)
Appears in 1 contract
