Payment of Stipulated Loss Value and Rent Sample Clauses

Payment of Stipulated Loss Value and Rent. On any Business Day designated by Lessee upon 30 days' irrevocable notice to Lessor and the Indenture Trustee, but in no event later than the earlier of (i) the 180th day following the date of the occurrence of such Event of Loss or (ii) the later of 15 days following receipt of insurance proceeds with respect to such occurrence or the date Lessee shall have made or shall have deemed to have made its election under Section 10.1.1 to comply with Section 10.1.3, Lessee shall pay to Lessor in the manner and in funds of the type specified in Section 3.6, (A) the Stipulated Loss Value for the Aircraft, determined as of the date of payment (as described in the definition of Stipulated Loss Value), (B) all unpaid Interim Rent and Basic Rent due on or prior to the SLV Determination Date with reference to which the Stipulated Loss Value is computed (it being understood and agreed that Lessee shall not be required to pay the portion, if any, of such Interim Rent or Basic Rent designated in Exhibit C hereto as payable in advance on such SLV Determination Date), and (C) (without duplication) any other Rent which is due and payable through and including the date of payment."

Payment of Stipulated Loss Value and Rent. On or before the Business Day next preceding the earlier of (i) the 180th day following the date of the occurrence of such Event of Loss, or (ii) the later of 15 days following the receipt of insurance proceeds with respect to such occurrence or the date Lessee shall have made or shall be deemed to have made its election under Section 10.1.1 to comply with Section 10.1.3, Lessee shall pay to Lessor, in the manner and in funds of the type specified in Section 3.6, (A) the Stipulated Loss Value for the Aircraft, determined as of the date of payment (as described in the definition of Stipulated Loss Value), (B) all unpaid Basic Rent due on or prior to the SLV Determination Date with reference to which the Stipulated Loss Value is computed (it being understood and agreed that Lessee shall not be required to pay the portion, if any, of such Interim Rent or Basic Rent designated in Exhibit C hereto as payable in advance on such SLV Determination Date), and (C) (without duplication) any other Rent which is due and payable through and including the date of payment.

Payment of Stipulated Loss Value and Rent. On or before the Business Day before the earlier of (i) the 60th day following the date of the occurrence of such Event of Loss with respect to the In-Use Aircraft; or (ii) five days following the receipt of insurance proceeds with respect to such occurrence (the "LOSS PAYMENT DATE"), Lessee shall pay to Lessor, in the manner and in funds of the type specified in Section 3(e), an amount equal to the sum of (i) the Stipulated Loss Value for the In-Use Aircraft calculated as of the Basic Rent Payment Date next following the Event of Loss (or if the date of such Event of Loss is a Basic Rent Payment Date, as of such Basic Rent Payment Date (the "Loss Computation Date")) less any payment of Basic Rent paid by Lessee after the date of such Event of Loss and on or prior to the Loss Payment Date, (ii) any installment of Basic Rent due and owing prior to the Loss Payment Date, (iii) all Supplemental Rent then due and owing for the Aircraft on the Loss Payment Date, and (iv) interest on the amounts described in clause (i) and (ii) hereof from the Loss Computation Date to the Loss Payment Date at the Prime Rate.

Payment of Stipulated Loss Value and Rent. On or before the Business Day next preceding the earlier of (I) the 91st day following the date of the occurrence of such Event of Loss, or (ii) five days following the receipt of insurance proceeds with respect to such occurrence, (the "Loss Payment Date") Lessee shall pay to Lessor, in the manner and in funds of the type specified in Section 4.06, an amount equal to the sum of (i) the Stipulated Loss Value calculated as of the Basic Rent Payment Date next preceding the Event of Loss (the "Loss Computation Date"), (ii) the installment of Basic Rent due on ,the Loss Computation Date, (iii) all installments of Basic Rent due and unpaid as of the Loss Computation Date, (iv) all Supplemental Rent due and owing on the Loss Payment Date, and (v) interest on the amounts described in clause (i) and (ii) hereof at the Stipulated Interest Rate, Lessee shall be entitled to a credit against the amount determined in accordance with the preceding sentence an amount equal to the sum of any amounts of Basic Rent paid by Lessee for any period commencing after the Loss Computation Date plus (v) interest on each such amount of Basic Rent at the Stipulated Interest Rate from the date of the respective Rent Payment Date to the Loss Payment Date.

Payment of Stipulated Loss Value and Rent. On or before the Business Day next preceding the earlier of (i) the 180th day following the date of the occurrence of such Event of Loss, or (ii) the later of 15 days following the receipt of insurance proceeds with respect to such occurrence or the date Lessee shall have made or shall be deemed to have made its election under Section 10.1.1 to comply with Section 10.1.3, Lessee shall pay to SALE AND LEASE AGREEMENT [N603SW] -34- 41 Lessor, in the manner and in funds of the type specified in Section 3.6, (A) the Stipulated Loss Value for the Aircraft, determined as of the date of payment (as described in the definition of Stipulated Loss Value), (B) all unpaid Basic Rent due on or prior to the SLV Determination Date with reference to which the Stipulated Loss Value is computed (it being understood and agreed that Lessee shall not be required to pay the portion, if any, of such Interim Rent or Basic Rent designated in Exhibit C hereto as payable in advance on such SLV Determination Date), and (C) (without duplication) any other Rent which is due and payable through and including the date of payment.