Payments to the Lessor. The total selling price realized at a sale pursuant to Section 10.01(b) hereof net of all expenses of the sale (including commissions and any sales or transfer taxes) (the "Net Sales Price") shall be retained by the Lessor (or the Indenture Trustee as long as the Indenture is in force) and, in addition, on or before the Proposed Termination Date, the Lessee shall pay to the Lessor (or the Indenture Trustee as long as the Indenture is in force), by wire transfer of immediately available funds, the sum of:
(i) the excess, if any, of the Termination Value for the Aircraft computed as of the Proposed Termination Date over the Net Sales Price; plus
(ii) the installment of Basic Rent due with respect to the Aircraft on the Proposed Termination Date if payable in arrears but not if payable in advance; plus
(iii) all other amounts then due and payable by the Lessee (including, without limitation, the aggregate amount of any Make-Whole Premium, if the Proposed Termination Date occurs prior to the applicable Premium Termination Date) under this Lease and any other Operative Agreement.
Payments to the Lessor. The total selling price realized at a sale pursuant to Section 10.01(b) hereof net of all expenses of the sale (including commissions and any sales or transfer taxes) (the "Net Sales Price") shall be retained by the Lessor (or the Indenture Trustee as long as the Indenture is in force) and, in addition, on or before the Proposed Termination Date, the Lessee shall pay to the Lessor (or the Indenture Trustee as long as the Indenture is in force), by wire transfer of immediately available funds, the sum of:
Payments to the Lessor. All payments by the Lessee pursuant to this Lease shall be made by the Lessee to the Lessor. All such payments required to be made to the Lessor shall be made not later than 12:00 noon, Atlanta, Georgia time, on the date due, in immediately available funds, to such account with the Lessor as it shall specify from time to time by notice to the Lessee. Whenever any payment to be made shall otherwise be due on a day which is not a Business Day, except as otherwise expressly provided herein, such payment shall be made on the next succeeding Business Day and such extension shall be included in computing Rent and fees, if any, in connection with such payment.
Payments to the Lessor. In each Transaction, the Lessor shall require that, on each Rent Payment Date, the Lessee pay Guaranteed Rent that includes interest on all Lease Supplement Financed Amount scheduled to be outstanding from time to time under the Credit, calculated at an interest rate per annum equal to the relevant Guaranteed Interest Rate.
Payments to the Lessor. All payments by the Lessee pursuant to ---------------------- this Lease shall be made by the Lessee to the Lessor. All such payments required to be made to the Lessor shall be made not later than 12:00 noon, Atlanta, Georgia time, on the date due, in immediately available funds, to such account as the Lessor shall specify from time to time by notice to the Lessee. Whenever any payment to be made shall otherwise be due on a day which is not a Business Day, except as otherwise expressly provided herein or in the Investment Agreement, such payment shall be made on the next succeeding Business Day and such extension shall be included in computing Rent, interest, yield and fees, if any, in connection with such payment.
Payments to the Lessor. All payments by the Lessee pursuant to ---------------------- this Lease shall be made by the Lessee to the Agent, for the account of the Lessor, the Agent or the Lenders, as the case may be. All such payments required to be made to the Agent shall be made not later than 12:00 noon, Atlanta, Georgia time, on the date due, in immediately available funds, to such account with the Agent as the Agent shall specify from time to time by notice to the Lessee. Whenever any payment to be made shall otherwise be due on a day which is not a Business Day, except as otherwise expressly provided herein or in the Credit Agreement, such payment shall be made on the next succeeding Business Day and such extension shall be included in computing Rent, interest, yield and fees, if any, in connection with such payment; provided, however, that if such ----------------- extension would cause such payment to be made in the next following calendar month, such payment shall be made on the next preceding Business Day.
Payments to the Lessor. (i) All payments by the Lessee pursuant to this Lease shall be made to the Lessor and shall be made not later than 12:00 noon, Atlanta, Georgia time, on the date due, in immediately available funds, to such account with the Lessor as it shall specify from time to time by notice to the Lessee. Whenever any payment to be made shall otherwise be due on a day which is not a Business Day, except as otherwise expressly provided herein, such payment shall be made on the next succeeding Business Day and such extension shall be included in computing Rent, fees and other amounts, if any, in connection with such payment; provided, however, that if such extension would cause any payment of Basic Rent to be made in the next following calendar month, such payment shall be made on the next preceding Business Day.
(ii) The Lessee shall pay on demand to the Lessor interest at the Default Rate on all amounts payable by the Lessee to the Lessor hereunder or any of the other Operative Documents, from the due date thereof until paid in full.
Payments to the Lessor. All payments to be made by the Lessee to the Lessor under this Deed may be by cheque, demand draft or wire transfer, as may be mutually convenient to both Parties. In case the payment is made by wire transfer, the same shall be made in accordance with the instructions of the Lessor from time to time, which shall be provided well in advance by the Lessor. The Lessor shall within five (5) days of the receipt of the payment provide the Lessee with stamped receipts for the payments made.
Payments to the Lessor. Upon such acceptance and recording of the assignment of the Existing Notes and the Existing Holder Certificates in the Existing Agent's register, from and after the Closing Date, the Existing Agent shall make all payments (except indemnity payments regarding occurrences prior to the Closing Date which shall be made to the applicable Assigning Party or other indemnified party pursuant to the Existing Operative Agreements) in respect of the Assigned Facility (including without limitation payments of principal, interest, fees and other amounts, except as otherwise expressly provided herein) to the Lessor whether such amounts have accrued prior to the Closing Date or accrue subsequent to the Closing Date. The Assigning Parties and the Lessor shall make all appropriate adjustments in payments by the Existing Agent for periods prior to the Closing Date or with respect to the making of this assignment directly between themselves.
Payments to the Lessor. The total selling price realized at a sale pursuant to Section 10.01(b) hereof (the "Gross Sales Price") shall be retained by the Lessor (or the Indenture Trustee as long as the Indenture is in force) and, in addition, on or before the Proposed Termination Date, the Lessee shall pay to the Lessor (or the Indenture Trustee as long as the Indenture is in force), by wire transfer of immediately available funds, the sum of:
(i) the excess, if any, of the Termination Value for the Aircraft computed as of the Proposed Termination Date over the Gross Sales Price; plus
(ii) the installment of Basic Rent due with respect to the Aircraft on the Proposed Termination Date to the extent payable in arrears but not to the extent payable in advance; plus
(iii) all other amounts then due and payable by the Lessee (including, without limitation, the aggregate amount of any Make-Whole Premium) under this Lease and any other Operative Agreement. All expenses of the sale shall be borne by the Lessee.
5. The first proviso in Section 16.01(d) of the Lease shall be replaced with and read as follows: provided, that in the event such failure is curable and so long as (but for no longer than 150 days after such 30-day period) the Lessee shall have promptly undertaken such cure after the Lessee receives notice thereof which undertaking shall be diligently and continuously pursued using the Lessee's reasonable best efforts, and so long as, in the case of the Lessee's obligation to remove Liens, during such extended cure period there is no (i) material danger of the sale, forfeiture or loss of the Lessor's Estate, the Aircraft, the Airframe or any Engine or any interest therein, (ii) material risk of civil liabilities or (iii) risk of the assertion of criminal charges against the Lessor, the Owner Participant or the Indenture Trustee, such failure shall not constitute an Event of Default;.
6. The definition of "Replacement Engine" in Schedule II to the Participation Agreement shall read as follows:
