Common use of Owner Participant Clause in Contracts

Owner Participant. The trustor originally named in the Trust Agreement and any successor thereto, and any Person to which Owner Participant transfers, in accordance with the Trust Agreement, its right, title and interest in and to the Operative Agreements and the Lessor's Estate.

Appears in 8 contracts

Samples: Trust Agreement (Federal Express Corp), Assignment and Assumption Agreement (Federal Express Corp), Participation Agreement (Federal Express Corp)

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Owner Participant. The trustor originally named in the Trust Agreement and any successor thereto, and any Person to which the Owner Participant transfers, in accordance with the Trust Agreement, its right, title and interest in and to the Operative Agreements and the Lessor's Estate.

Appears in 8 contracts

Samples: Intercreditor Agreement (Federal Express Corp), Indenture and Security Agreement (Federal Express Corp), Assignment and Assumption Agreement (Federal Express Corp)

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