Common use of Replacement of Borrower Clause in Contracts

Replacement of Borrower. From time to time and subject ----------------------- to the successor Borrower's meeting the eligibility requirements set forth in Section 6.9 of the Intercreditor Agreement applicable to the Subordination Agent, upon the effective date and time specified in a written and completed Notice of Replacement Subordination Agent in substantially the form of Annex V attached hereto (a "Notice of Replacement Subordination Agent") delivered to the ----------------------------------------- Liquidity Provider by the then Borrower, the successor Borrower designated therein shall be substituted for as the Borrower for all purposes hereunder.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Midway Airlines Corp), Revolving Credit Agreement (Midway Airlines Corp), Revolving Credit Agreement (Midway Airlines Corp)

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Replacement of Borrower. From time to time and subject ----------------------- to the successor Borrower's meeting the eligibility requirements set forth in Section 6.9 of the Intercreditor Agreement applicable to the Subordination Agent, upon the effective date and time specified in a written and completed Notice of Replacement Subordination Agent in substantially the form of Annex V VI attached hereto (a "Notice of Replacement Subordination Agent"Agent<-1- 34>) delivered to the ----------------------------------------- Liquidity Provider by the then Borrower, the successor Borrower designated therein shall be substituted for as the Borrower for all purposes hereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (Us Airways Inc)

Replacement of Borrower. From Subject to Section 5.02, from ----------------------- ------------ time to time and subject ----------------------- to the successor Borrower's meeting the eligibility requirements set forth in Section 6.9 of the Intercreditor Agreement applicable to the Subordination Agent, upon the effective date and time specified in a written and completed Notice of Replacement Subordination Agent in substantially the form of Annex V attached hereto VI (a "Notice of Replacement Subordination Agent") delivered -------- ----------------------------------------- to the ----------------------------------------- Liquidity Provider by the then Borrower, the successor Borrower designated therein shall be substituted for as the Borrower for all purposes hereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (United Air Lines Inc)

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Replacement of Borrower. From Subject to Section 5.02, from time to ----------------------- time and subject ----------------------- to the successor Borrower's meeting the eligibility requirements set forth in Section 6.9 of the Intercreditor Agreement applicable to the Subordination Agent, upon the effective date and time specified in a written and completed Notice of Replacement Subordination Agent in substantially the form of Annex V attached hereto VI (a "Notice of Replacement Subordination Agent") delivered to the ----------------------------------------- Liquidity Provider by the then Borrower, the successor Borrower designated therein shall be substituted for as the Borrower for all purposes hereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (United Air Lines Inc)

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