Common use of Payments Due Upon Sale of Aircraft Clause in Contracts

Payments Due Upon Sale of Aircraft. The total selling price realized at any sale of the Airframe and Engines or engines installed thereon in accordance with this Section 10 shall be retained by the Lessor and, in addition, on the Termination Date, the Lessee shall pay to the Lessor or, in the case of Supplemental Rent, to the Persons entitled thereto, in immediately available funds, an amount equal to the sum of (A) the excess, if any, of (x) the Stipulated Loss Value as of the Termination Date, over (y) the net proceeds of the sale of the Aircraft, plus (B) the amount of unpaid Basic Rent, if any, payable as of such Termination Date, PLUS (C) the amount of deferred Basic Rent, if any, as of such Termination Date as set forth in the column headed "Deferred Basic Rent" in Schedule SLV, MINUS (D) the amount of prepaid Basic Rent, if any, as of such Termination Date as set forth in the column headed "Prepaid Basic Rent" in Schedule SLV, PLUS (E) all unpaid Supplemental Rent due on or before the Termination Date, PLUS (F) the reasonable fees and expenses of the Beneficiary and Lessor in connection therewith, PLUS (G) any sales, transfer or similar Taxes incurred on such sale.

Payments Due Upon Sale of Aircraft. The total selling price realized at any sale of the Airframe and Engines or engines installed thereon in accordance with this Section 10 14 shall be retained by the Lessor and, in addition, on the Termination Date, (1) the Lessee shall pay to the Lessor or, in the case of Supplemental Rent, to the Persons entitled thereto, in immediately available funds, an amount equal to the sum of (A) the excess, if any, of (x) the Stipulated Loss Termination Value as of the Termination Date, over (y) the net proceeds of the sale of the Aircraft, plus (B) all unpaid Supplemental Rent due on or before the Termination Date, plus (C) an amount of equal to the Basic Rent, if any, payable on the Termination Date, plus (D) the amount, if any, set forth opposite the Termination Date in Exhibit D in the column with the heading "Deferred Basic Rent Amount", plus (E) all unpaid Basic Rent, if any, payable as of such before the Termination Date, PLUS plus (CF) the amount reasonable fees and expenses of deferred Basic Rentthe Owner Participant and Lessor in connection therewith, if anyplus (G) any sales, as of transfer or similar Taxes incurred on such Termination Date as set forth in sale, and (2) the column headed "Deferred Basic Rent" in Schedule SLV, MINUS (D) Lessor shall pay to the Lessee the amount of prepaid Basic Rent, if any, as of such Termination Date as set forth in Exhibit D in the column headed with the heading "Prepaid Basic Rent" in Schedule SLV, PLUS (E) all unpaid Supplemental Rent due on or before Amount". In the Termination Date, PLUS (F) the reasonable fees and expenses event of any sale of the Beneficiary and Aircraft by the Lessor in connection therewithpursuant to Section 14(a), PLUS the Lessee shall be entitled to offset amounts payable by the Lessee under clause (G1) of this Section 14(b) against any sales, transfer or similar Taxes incurred on such saleamounts owed to it by Lessor under clause (2) of this Section 14(b).

Payments Due Upon Sale of Aircraft. The total selling price realized at any sale of the Airframe and Engines or engines installed thereon in accordance with this Section 10 14 shall be retained by the Lessor (or, prior to the discharge of the Indenture, the Indenture Trustee) and, in addition, on the Termination Date, the Lessee shall pay to the Lessor or, in the case of Supplemental Rent, to the Persons entitled thereto, in immediately available funds, an amount equal to the sum of (A) the excess, if any, of (x) the Stipulated Loss Termination Value as of the Termination Date, over (y) the net proceeds of the sale of the Aircraft, plus (B) the amount of unpaid Basic Rent, if any, payable as of such Termination Date, PLUS (C) the amount of deferred Basic Rent, if any, as of such Termination Date as set forth in the column headed "Deferred Basic Rent" in Schedule SLV, MINUS (D) the amount of prepaid Basic Rent, if any, as of such Termination Date as set forth in the column headed "Prepaid Basic Rent" in Schedule SLV, PLUS (E) all unpaid Supplemental Rent due on or before the Termination Date (including Breakage Cost), plus (C) an amount equal to the excess of (1) the sum of (x) the Basic Rent, if any, payable on the Termination Date plus (y) the amount, if any, set forth opposite the Termination Date in Exhibit D in the column with the heading "Deferred Basic Rent Amount", over (2) the amount, if any, set forth opposite the Termination Date in Exhibit D in the column with the heading "Prepaid Basic Rent Amount", plus (D) all unpaid Basic Rent, if any, payable before the Termination Date, PLUS plus (FE) the reasonable fees and expenses of the Beneficiary Participants, the Indenture Trustee and Lessor in connection therewith, PLUS plus (GF) any sales, transfer or similar Taxes incurred on such sale.