Precautionary Financing Statements. A Uniform Commercial Code ---------------------------------- "precautionary" financing statement or statements describing the Lease as a lease but covering any security interest in favor of the Owner Trustee (and the Indenture Trustee as assignee of the Owner Trustee) which may be created thereby, shall have been executed and delivered by the Lessee and the Owner Trustee (naming the Owner Trustee as Lessor and secured party and Indenture Trustee as assignee), and shall have been duly filed in all places necessary or desirable within the State of North Carolina.
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Samples: Participation Agreement (Midway Airlines Corp), Participation Agreement (Midway Airlines Corp)
Precautionary Financing Statements. A Uniform ---------------------------------- Commercial Code ---------------------------------- "precautionary" financing statement or statements describing the Lease as a lease but covering any security interest in favor of the Owner Trustee (and the Indenture Trustee as assignee of the Owner Trustee) which may be created thereby, shall have been executed and delivered by the Lessee and the Owner Trustee (naming the Owner Trustee as Lessor and secured party and Indenture Trustee as assignee), and shall have been duly filed in all places necessary or desirable within the State of North Carolina.
Appears in 2 contracts
Samples: Note Purchase Agreement (Midway Airlines Corp), Participation Agreement (Midway Airlines Corp)
Precautionary Financing Statements. A Uniform Commercial Code ---------------------------------- "precautionary" financing statement or statements describing the Lease as a lease but covering any security interest in favor of the Owner Trustee (and the Indenture Loan Trustee as assignee of the Owner Trustee) which may be created thereby, shall have been executed and delivered by the Lessee and the Owner Trustee (naming the Owner Trustee as Lessor and secured party and Indenture Loan Trustee as assignee), and shall have been duly filed in all places necessary or desirable within the State of North Carolina.
Appears in 1 contract
Precautionary Financing Statements. A Uniform Commercial Code ---------------------------------- "precautionary" financing statement or statements describing the Lease as a lease but covering any security interest in favor of the Owner Trustee (and the Indenture Trustee as assignee of the Owner Trustee) which may be created thereby, shall have been executed and delivered by the Lessee and the Owner Trustee (naming the Owner Trustee as Lessor and secured party and Indenture Trustee as assignee), and shall have been duly filed in all places necessary or desirable within the State of North Carolina.
Appears in 1 contract
