Common use of Payment of Equipment Notes Clause in Contracts

Payment of Equipment Notes. 27 Section 9.02 Maintenance of Corporate Existence.........................................................27 Section 9.03 Consolidation, Merger or Sale of Assets of the Company.....................................27 Section 9.04 Annual Statements as to Compliance by the Company..........................................28 Section 9.05 Notices of Indenture Defaults..............................................................28 Section 9.06 Liens......................................................................................28 Section 9.07 Maintenance; Compliance with Laws; Possession; Identification Marks........................28 Section 9.08 Replacement of Parts.......................................................................29 Section 9.09 Insurance..................................................................................29 Section 9.10 Age of Equipment...........................................................................30 Section 9.11 Replacement of Items of Equipment upon Event of Loss.......................................30 Section 9.12 Scope of Business Activities Abroad........................................................31 Section 9.13 Filings and Opinions.......................................................................31 Section 9.14 Substitution and Replacement of Equipment..................................................32 ARTICLE X GUARANTEE Section 10.01 Guarantee..................................................................................33 Section 10.02 Consolidation, Merger or Sale of Assets of Guarantor.......................................34 ARTICLE XI MISCELLANEOUS Section 11.01 Release of Property........................................................................35 Section 11.02 Defeasance and Covenant Defeasance.........................................................35 Section 11.03 No Legal Title to Indenture Estate in Holders..............................................38 Section 11.04 Sale of Items of Equipment by Trustee Is Binding...........................................38 Section 11.05 Indenture and Equipment Notes for Benefit of the Company, Guarantor, Trustee and Holders Only..................................................................................38 Section 11.06 Further Assurances.........................................................................38 Section 11.07 Compliance Certificates and Opinions.......................................................39 Section 11.08 Form of Documents Delivered to Trustee.....................................................39 Section 11.09 Acts of Holders............................................................................39 Section 11.10 Notices....................................................................................40 Section 11.11 Severability...............................................................................40