Common use of Payments to the Owner Trustee; Other Parties Clause in Contracts

Payments to the Owner Trustee; Other Parties. Any payment of the type referred to in Section 3.1 (other than payments constituting Excepted Property) received by the Owner Trustee after the Indenture shall have been discharged pursuant to the terms thereof, any payment received from the Indenture Trustee other than as specified in Section 3.4 and any other amount received as part of the Trust Estate and for the application or distribution of which no provision is made herein shall be distributed forthwith upon receipt by the Owner Trustee in the following order of priority: first, so much of such payment as shall be required to reimburse the Owner Trustee for any expenses not otherwise reimbursed as to which the Owner Trustee is entitled to be so reimbursed pursuant to the provisions hereof shall be retained by the Owner Trustee; second, so much of the remainder for which provision as to the application thereof is contained in the Lease, any of the other Operative Agreements or any of the other Owner Trustee Agreements shall be applied and distributed in accordance with the terms of the Lease, such other Operative Agreement or such other Owner Trustee Agreement, as the case may be; and third, the balance, if any, shall be paid to the Owner Participant.

Payments to the Owner Trustee; Other Parties. Any payment -------------------------------------------- of the type required to be paid to the Indenture Trustee referred to in paragraph (a) of this Section 3.1 (other than payments constituting Excepted Property) 4.01 received by the Owner Trustee after the Indenture shall have been discharged pursuant to the terms thereofterminated, any payment received from by the Owner Trustee pursuant to the provisions of Article V of the Indenture Trustee (other than as specified in Section 3.4 Excepted Payments) and any other amount amounts received as part of the Trust Estate and for the application or distribution of which no provision is made herein herein, shall be distributed forthwith upon receipt by the Owner Trustee in the following order of priority: first, so much of such payment ----- as shall be required to pay or reimburse the Owner Trustee for any fees or expenses not otherwise paid or reimbursed as to which the Owner Trustee is entitled to be so paid or reimbursed pursuant to the provisions hereof or of the Indenture shall be retained by the Owner Trustee; and second, so much of the remainder for which provision as to the application thereof is contained in the Lease, any of the other Operative Agreements or any of the other Owner Trustee Agreements shall be applied and distributed in accordance with the terms of the Lease, such other Operative Agreement or such other Owner Trustee Agreement, as the case may be; and third, the ` ------ balance, if any, shall be paid to the Owner Participant.

Payments to the Owner Trustee; Other Parties. Any payment of the -------------------------------------------- type required to be paid to the Indenture Trustee referred to in paragraph (a) of this Section 3.1 (other than payments constituting Excepted Property) 4.01 received by the Owner Trustee after the Indenture shall have been discharged pursuant to the terms thereofterminated, any payment received from by the Owner Trustee pursuant to the provisions of Article V of the Indenture Trustee (other than as specified in Section 3.4 Excepted Payments) and any other amount amounts received as part of the Trust Estate and for the application or distribution of which no provision is made herein herein, shall be distributed forthwith upon receipt by the Owner Trustee in the following order of priority: first, so much of such payment as shall be required to pay or reimburse the ----- Owner Trustee for any fees or expenses not otherwise paid or reimbursed as to which the Owner Trustee is entitled to be so paid or reimbursed pursuant to the provisions hereof or of the Indenture shall be retained by the Owner Trustee; and second, so much of the remainder for which provision as to the application thereof is contained in the Lease, any of the other Operative Agreements or any of the other Owner Trustee Agreements shall be applied and distributed in accordance with the terms of the Lease, such other Operative Agreement or such other Owner Trustee Agreement, as the case may be; and third, the balance, if any, shall be paid to the Owner Participant.. ------

Payments to the Owner Trustee; Other Parties. Any payment of the -------------------------------------------- type required to be paid to the Indenture Trustee referred to in paragraph (a) of this Section 3.1 (other than payments constituting Excepted Property) 4.01 received by the Owner Trustee after the Indenture shall have been discharged pursuant to the terms thereofterminated, any payment received from by the Owner Trustee pursuant to the provisions of Article III of the Indenture Trustee (other than as specified in Section 3.4 Excluded Payments) and any other amount amounts received as part of the Trust Estate and for the application or distribution of which no provision is made herein herein, shall be distributed forthwith upon receipt by the Owner Trustee in the following order of priority: first, so much of such payment ----- as shall be required to pay or reimburse the Owner Trustee for any fees or expenses not otherwise paid or reimbursed as to which the Owner Trustee is entitled to be so paid or reimbursed pursuant to the provisions hereof or of the Indenture shall be retained by the Owner Trustee; and second, so much of the remainder for which provision as to the application thereof is contained in the Lease, any of the other Operative Agreements or any of the other Owner Trustee Agreements shall be applied and distributed in accordance with the terms of the Lease, such other Operative Agreement or such other Owner Trustee Agreement, as the case may be; and third, the ------ balance, if any, shall be paid to the Owner Participant.

Payments to the Owner Trustee; Other Parties. Any payment -------------------------------------------- of the type referred to in Section 3.1 (other than payments constituting Excepted Property) received by the Owner Trustee after the Indenture shall have been discharged pursuant to the terms thereof, any payment received from the Indenture Trustee other than as specified in Section 3.4 and any other amount received as part of the Trust Estate and for the application or distribution of which no provision is made herein shall be distributed forthwith upon receipt by the Owner Trustee in the following order of priority: first, so much of such ----- payment as shall be required to reimburse the Owner Trustee for any expenses not otherwise reimbursed as to which the Owner Trustee is entitled to be so reimbursed pursuant to the provisions hereof shall be retained by the Owner Trustee; second, so much of the remainder for which provision as to the ------ application thereof is contained in the Lease, any of the other Operative Agreements or any of the other Owner Trustee Agreements shall be applied and distributed in accordance with the terms of the Lease, such other Operative Agreement or such other Owner Trustee Agreement, as the case may be; and third, ----- the balance, if any, shall be paid to the Owner Participant.

Payments to the Owner Trustee; Other Parties. Any payment of the type required to be paid to the Indenture Trustee referred to in paragraph (a) of this Section 3.1 (other than payments constituting Excepted Property) 4.01 received by the Owner Trustee after the Trust Indenture shall have been discharged pursuant to the terms thereofterminated, any payment received from by the Owner Trustee pursuant to the provisions of Article V of the Trust Indenture Trustee (other than as specified in Section 3.4 Excepted Payments) and any other amount amounts received as part of the Trust Estate and for the application or distribution of which no provision is made herein herein, shall be distributed forthwith upon receipt by the Owner Trustee in the following order of priority: first, so much of such payment as shall be required to pay or reimburse the Owner Trustee for any fees or expenses not otherwise paid or reimbursed as to which the Owner Trustee is entitled to be so paid or reimbursed pursuant to the provisions hereof or of the Trust Indenture shall be retained by the Owner Trustee; and second, so much of the remainder for which provision as to the application thereof is contained in the Lease, any of the other Operative Agreements or any of the other Owner Trustee Agreements shall be applied and distributed in accordance with the terms of the Lease, such other Operative Agreement or such other Owner Trustee Agreement, as the case may be; and third, the balance, if any, shall be paid to the Owner Participant.

Payments to the Owner Trustee; Other Parties. Any After the Trust Indenture shall have been discharged pursuant to Section 10.01 thereof or defeased pursuant to Section 10.05 thereof, any payment of the type referred to in Section 3.1 4.01(a) hereof (other than payments constituting Excepted PropertyExcluded Payments) received by the Owner Trustee after the Indenture shall have been discharged pursuant to the terms thereofTrustee, any payment payments received from the Indenture Trustee other than as specified in Section 3.4 4.01(c) or (d) hereof and any other amount received as part of the Trust Estate and for the application or distribution of which no provision is made herein herein, shall be distributed forthwith upon receipt by the Owner Trustee in the following order of priority: first, so TRUST AGREEMENT [N605SW] -4- 10 much of such payment as shall be required to reimburse the Owner Trustee for any expenses not otherwise reimbursed as to which the Owner Trustee is entitled to be so reimbursed by the Owner Participant pursuant to the provisions hereof shall be retained by the Owner Trustee; second, so much of the remainder for which provision as to the application thereof is contained in the Lease, Lease or any of the other Operative Agreements or any of the other Owner Trustee Agreements shall be applied and distributed in accordance with the terms of the Lease, Lease or such other Operative Agreement or such other Owner Trustee Agreement, as the case may be; and third, the balance, if any, shall be paid to the Owner Participant.

Payments to the Owner Trustee; Other Parties. Any After the Trust Indenture shall have been discharged pursuant to Section 10.01 thereof or defeased pursuant to Section 10.05 thereof, any payment of the type referred to in Section 3.1 4.01(a) hereof (other than payments constituting Excepted PropertyExcluded Payments) received by the Owner Trustee after the Indenture shall have been discharged pursuant to the terms thereofTrustee, any payment payments received from the Indenture Trustee other than as specified in Section 3.4 4.01(c) or (d) hereof and any other amount received as part of the Trust Estate and for the application or distribution of which no provision is made herein herein, shall be distributed forthwith upon receipt by the Owner Trustee in the following order of priority: first, so much of such payment as shall be required to reimburse the Owner Trustee for any expenses not otherwise reimbursed as to which the Owner Trustee is entitled to be so reimbursed by the Owner Participant pursuant to the provisions hereof shall be retained by the Owner Trustee; second, so much of the remainder for which provision as to the application thereof is contained in the Lease, Lease or any of the other Operative Agreements or any of the other Owner Trustee Agreements shall be applied and distributed in accordance with the terms of the Lease, Lease or such other Operative Agreement or such other Owner Trustee Agreement, as the case may be; and third, the balance, if any, shall be paid to the Owner Participant.