Common use of Obligations Unconditional Clause in Contracts

Obligations Unconditional. The Depositary hereby acknowledges and agrees that its obligation to repay each Deposit together with interest thereon as provided herein is absolute, irrevocable and unconditional and constitutes a full recourse obligation of the Depositary enforceable against it to the full extent of all of its assets and properties.

Appears in 177 contracts

Samples: Deposit Agreement (American Airlines, Inc.), Deposit Agreement (American Airlines, Inc.), Deposit Agreement (United Airlines, Inc.)

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Obligations Unconditional. The Notwithstanding anything to the contrary contained herein, the Depositary hereby acknowledges and agrees that its obligation to repay each Deposit together with interest thereon as provided herein is absolute, irrevocable and unconditional and constitutes a full recourse obligation of the Depositary enforceable against it to the full extent of all of its assets and properties.

Appears in 13 contracts

Samples: Deposit Agreement (Spirit Airlines, Inc.), Deposit Agreement, Deposit Agreement

Obligations Unconditional. The Depositary hereby acknowledges and agrees that its obligation to repay each the Deposit together with interest thereon as provided herein is absolute, irrevocable and unconditional and constitutes a full recourse obligation of the Depositary enforceable against it to the full extent of all of its assets and properties.

Appears in 7 contracts

Samples: Deposit Agreement (Midway Airlines Corp), Deposit Agreement (Midway Airlines Corp), Deposit Agreement (Midway Airlines Corp)

Obligations Unconditional. The Depositary hereby acknowledges and agrees that its obligation to repay each Deposit together with interest earned thereon as provided herein is absolute, irrevocable and unconditional and constitutes a full recourse obligation of the Depositary enforceable against it to the full extent of all of its assets and properties.

Appears in 4 contracts

Samples: Deposit Agreement (Ata Holdings Corp), Delayed Deposit Agreement (Ata Holdings Corp), Delayed Deposit Agreement (Ata Holdings Corp)

Obligations Unconditional. The Depositary hereby ------------------------- acknowledges and agrees that its obligation to repay each the Deposit together with interest thereon as provided herein is absolute, irrevocable and unconditional and constitutes a full recourse obligation of the Depositary enforceable against it to the full extent of all of its assets and properties.

Appears in 3 contracts

Samples: Deposit Agreement (Midway Airlines Corp), Deposit Agreement (Midway Airlines Corp), Deposit Agreement (Midway Airlines Corp)

Obligations Unconditional. The Depositary hereby acknowledges and agrees that its obligation to repay each Deposit together with interest thereon as provided herein is absolute, irrevocable and unconditional and constitutes a full recourse obligation of the Depositary enforceable against it to the full extent of all of its assets and properties.provided

Appears in 2 contracts

Samples: Deposit Agreement (Continental Airlines Inc /De/), Deposit Agreement (Continental Airlines Inc /De/)

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Obligations Unconditional. The Depositary hereby acknowledges and agrees that its obligation to repay each Deposit together with interest thereon as provided herein is absolute, irrevocable and unconditional and constitutes a full recourse obligation of the Depositary enforceable against it to the full extent of all of its assets and properties.. [Deposit Agreement (Class B)]

Appears in 1 contract

Samples: Deposit Agreement (Northwest Airlines Holdings Corp/Pred)

Obligations Unconditional. The Depositary hereby acknowledges and agrees that its obligation to repay each Deposit together with interest thereon as provided herein is absolute, irrevocable and unconditional and constitutes a full recourse obligation of the Depositary enforceable against it to the full extent of all of its assets and properties.. [Deposit Agreement (Class C)]

Appears in 1 contract

Samples: Deposit Agreement (Northwest Airlines Holdings Corp/Pred)

Obligations Unconditional. The Depositary hereby acknowledges and agrees that its obligation to repay each Deposit together with interest thereon as provided herein is absolute, irrevocable and unconditional and constitutes a full recourse obligation of the Depositary enforceable against it to the full extent of all of its assets and properties.. [Deposit Agreement (Class A)]

Appears in 1 contract

Samples: Deposit Agreement (Northwest Airlines Holdings Corp/Pred)

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