Common use of RIGHT TO FURTHER EXTEND EXPIRY DATE Clause in Contracts

RIGHT TO FURTHER EXTEND EXPIRY DATE. Subject to the proviso in the immediately succeeding sentence and at no additional cost or expense of the Borrower or JetBlue, the Primary Liquidity Provider shall have the right at any time and without the consent of the Borrower to extend the then effective Expiry Date to the date that is up to 15 days after the Final Legal Distribution Date for the Class G-1 Certificates by giving not less than five nor more than ten days’ prior written notice of such extension to the Borrower, the Trustee, each Rating Agency and JetBlue (which notice shall specify the effective date of such extension (the “Extension Effective Date”)). On the Extension Effective Date, the then effective Expiry Date shall be so extended without any further act; provided, however, that if prior to the Extension Effective Date a Downgrade Event shall have occurred, then the effective Expiry Date shall not be so extended.

RIGHT TO FURTHER EXTEND EXPIRY DATE. Subject to the proviso in the immediately succeeding sentence and at no additional cost or expense of the Borrower or JetBlue, the Primary Liquidity Provider shall have the right at any time and without the consent of the Borrower to extend the then effective Expiry Date to the date that is up to 15 days after the Final Legal Distribution Date for the Class G-1 G-2 Certificates by giving not less than five nor more than ten days’ prior written notice of such extension to the Borrower, the Trustee, each Rating Agency and JetBlue (which notice shall specify the effective date of such extension (the “Extension Effective Date”)). On the Extension Effective Date, the then effective Expiry Date shall be so extended without any further act; provided, however, that if prior to the Extension Effective Date a Downgrade Event shall have occurred, then the effective Expiry Date shall not be so extended.

RIGHT TO FURTHER EXTEND EXPIRY DATE. Subject to the proviso in the immediately succeeding sentence and at no additional cost or expense of the Borrower or JetBlue, the Primary Liquidity Provider shall have the right at any time and without the consent of the Borrower to extend the then effective Expiry Date to the date that is up to 15 days after the Final Legal Distribution Date for the Class G-1 C Certificates by giving not less than five nor more than ten days’ prior written notice of such extension to the Borrower, the Trustee, each Rating Agency and JetBlue (which notice shall specify the effective date of such extension (the “Extension Effective Date”)). On the Extension Effective Date, the then effective Expiry Date shall be so extended without any further act; provided, however, that if prior to the Extension Effective Date a Downgrade Event shall have occurred, then the effective Expiry Date shall not be so extended.

RIGHT TO FURTHER EXTEND EXPIRY DATE. Subject to the proviso in the immediately succeeding sentence and at no additional cost or expense of the Borrower or JetBluesentence, the Primary Liquidity Provider shall have the right at any time and without the consent of the Borrower to extend the then effective Expiry Date to the date that is up to 15 days after the Final Legal Distribution Date for the Class G-1 Certificates by giving not less than five nor more than ten days’ prior written notice of such extension to the Borrower, the Trustee, each Rating Agency and JetBlue (which notice shall specify the effective date of such extension (the “Extension Effective Date”)). On the Extension Effective Date, the then effective Expiry Date shall be so extended without any further act; provided, however, that if prior to the Extension Effective Date a Downgrade Event shall have occurred, then the effective Expiry Date shall not be so extended.

RIGHT TO FURTHER EXTEND EXPIRY DATE. Subject to the proviso in the immediately succeeding sentence and at no additional cost or expense of the Borrower or JetBluesentence, the Primary Liquidity Provider shall have the right at any time and without the consent of the Borrower to extend the then effective Expiry Date to the date that is up to 15 days after the Final Legal Distribution Date for the Class G-1 G-2 Certificates by giving not less than five nor more than ten days’ prior written notice of such extension to the Borrower, the Trustee, each Rating Agency and JetBlue (which notice shall specify the effective date of such extension (the “Extension Effective Date”)). On the Extension Effective Date, the then effective Expiry Date shall be so extended without any further act; provided, however, that if prior to the Extension Effective Date a Downgrade Event shall have occurred, then the effective Expiry Date shall not be so extended.