Common use of Payments to Owner Trustee Clause in Contracts

Payments to Owner Trustee. Any amounts distributed ------------------------- hereunder by the Indenture Trustee to the Owner Trustee shall be paid to the Owner Trustee by wire transfer of funds of the type received by the Indenture Trustee at such office and to such account or accounts of such entity or entities as shall be designated by notice from the Owner Trustee to the Indenture Trustee from time to time. The Owner Trustee hereby TRUST INDENTURE notifies the Indenture Trustee that unless and until the Indenture Trustee receives notice to the contrary from the Owner Trustee, all amounts to be distributed to the Owner Trustee pursuant to clause "third" of Section 3.01(a) ----- shall be distributed by wire transfer of funds of the type received by the Indenture Trustee to such account of the Owner Participant as the Owner Participant may specify by notice to the Indenture Trustee.

Appears in 2 contracts

Samples: Sale and Lease Agreement (American Income Fund I-D), Sale and Lease Agreement (American Income Fund I-D)

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Payments to Owner Trustee. Any amounts distributed ------------------------- hereunder by the Indenture Trustee to the Owner Trustee shall be paid to the Owner Trustee by wire transfer of funds of the type received by the Indenture Trustee at such office and to such account or accounts of such entity or entities as shall be designated by notice from the Owner Trustee to the Indenture Trustee from time to time. The Owner Trustee hereby TRUST INDENTURE notifies the Indenture Trustee that unless and until the Indenture Trustee receives notice to the contrary from the Owner Trustee, all amounts to be distributed to the Owner Trustee pursuant to clause "third" of Section 3.01(a) ----- shall be distributed by wire transfer of funds of the type received by the Indenture Trustee to such account of the Owner Participant as the Owner Participant -Participant may specify by notice to the Indenture Trustee.

Appears in 1 contract

Samples: Sale and Lease Agreement (American Income Fund I-D)

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Payments to Owner Trustee. Any amounts distributed ------------------------- hereunder Whereunder by the Indenture Trustee to the Owner Trustee shall be paid to the Owner Trustee by wire transfer of funds of the type received by the Indenture Trustee at such office and to such account or accounts of such entity or entities as shall be designated by notice from the Owner Trustee to the Indenture Trustee from time to time. The Owner Trustee hereby TRUST INDENTURE notifies the Indenture Trustee that unless and until the Indenture Trustee receives notice to the contrary from the Owner Trustee, all amounts to be distributed to the Owner Trustee pursuant to clause "thirdsecond" of Section 3.01(a) ----- shall be distributed by wire transfer or clause "sixth" of funds of the type received by the Indenture Trustee to such account of the Owner Participant as the Owner Participant may specify by notice to the Indenture Trustee.------ -----

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Midway Airlines Corp)

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