Common use of Postponement of Scheduled Closing Date Clause in Contracts

Postponement of Scheduled Closing Date. (i) If for any reason whatsoever the closing of the transactions contemplated hereby is not consummated on the Delivery Date provided for pursuant to Section 2(c) (the "Scheduled Delivery Date"), the closing shall be deemed adjourned to the next Business Day or to such other Business Day on or prior to [-] as Lessee shall specify by written notice to the Pass Through Trustee, the Owner Participant, the Owner Trustee and the Indenture Trustee, in which case the Owner Participant will keep its funds available.

Postponement of Scheduled Closing Date. (i) If for any reason whatsoever the closing of the transactions contemplated hereby is not consummated on the Delivery Date provided for pursuant to Section 2(c) (the "Scheduled Delivery Date"), the closing shall be deemed adjourned to the next Business Day or to such other Business Day on or prior to [-] _______________ as Lessee shall specify by written notice to the Pass Through Trustee, the Owner Participant, the Owner Trustee and the Indenture Trustee, in which case the Owner Participant will keep its funds available.