Sale of Pass Through Certificates. The Pass Through Certificates shall have been sold to the Initial Purchasers pursuant to the Certificate Purchase Agreement.
Sale of Pass Through Certificates. The Pass Through Certificates --------------------------------- shall have been issued pursuant to the Pass Through Trust Agreement and sold pursuant to the Underwriting Agreement and the Underwriters shall have transferred to the Pass Through Trustee in immediately available funds an amount equal to the purchase price for the Pass Through Certificates sold pursuant to the Pass Through Trust Agreement.
Sale of Pass Through Certificates. The Charterer, the Other --------------------------------- Charterer and the Guarantor shall have entered into the Underwriting Agreement, the Pass Through Trust Agreement and the Pass Through Trust Supplement, and the Pass Through Certificates shall have been issued pursuant to the Pass Through Trust Agreement and sold pursuant to the Underwriting Agreement and the Underwriters shall have transferred to the Pass Through Trustee in immediately available funds an amount equal to the purchase price for the Pass Through Certificates.
Sale of Pass Through Certificates. Sale of a Pass-Through Certificate by Xxxxxxx Mac pursuant to this Pass-Through Agreement shall be deemed to occur upon the date of settlement and payment for such Pass-Through Certificate and shall constitute a sale, assignment, transfer and conveyance by Xxxxxxx Mac to the Holder of a beneficial ownership interest in the related Pass-Through Pool to the extent of the interest represented by such Pass-Through Certificate. Xxxxxxx Mac shall be bound by all of the terms and conditions of this Pass-Through Agreement at such time as a Pass-Through Certificate is sold by Xxxxxxx Mac to a Holder. Upon settlement of and payment for a Pass-Through Certificate, a Holder shall, by virtue thereof, acknowledge, accept and agree to be bound by all of the terms and conditions of this Pass-Through Agreement. Payment for a Pass-Through Certificate sold in exchange for Assets shall be deemed to occur on the Settlement Date as of which such Pass-Through Certificate is issued to the initial Holder thereof.
Sale of Pass Through Certificates. The Lessee shall have entered into the Placement Agreement and the Pass Through Trust Agreement, the Pass Through Certificates shall have been issued pursuant to the Pass Through Trust Agreement and sold pursuant to the Placement Agreement and the Underwriter shall have transferred to the Pass Through Trustee in immediately available funds an amount equal to the purchase price for the Pass Through Certificates.
Sale of Pass Through Certificates. The Company proposes that from time to time Wilmington Trust Company as Pass Through Trustee or another Pass Through Trustee identified in a Pricing Agreement (the "Pass Through Trustee"), pursuant to the Pass Through Agreement, as supplemented by a supplement thereto (each, a "Series Supplement") between the Company and the Pass Through Trustee (such Pass Through Agreement, as supplemented by each Series Supplement relating to the Designated Certificates (as defined below) being herein referred to as the "Pass Through Agreement"), issue Pass Through Certificates ("Pass Through Certificates") and, subject to the terms and conditions set forth in the applicable Underwriting Agreement, sell to the several Underwriters therefor the Pass Through Certificates specified in Schedule II to the related Pricing Agreement (the "Designated Certificates"). Each series of Designated Certificates will represent interests in a separate trust (each, a "Trust") established pursuant to the Pass Through Agreement to fund the purchase of notes (with respect to any series of Des- ignated Certificates, the "Equipment Notes") issued (a) on a nonrecourse basis by one or more owner trustees pursuant to separate leveraged lease transactions (such Equipment Notes, the "Leased Aircraft Notes") to finance or refinance a portion of the equipment cost of aircraft, including engines (each, a "Leased Aircraft" and, collectively, the "Leased Aircraft"), which have been or will be leased to the Company pursuant to a separate lease agreement (each such lease agreement, a "Lease") for each Leased Aircraft, or (b) by, and with recourse to, the Company (such Equipment Notes, the "Owned Aircraft Notes") either to finance or refinance all or a portion of the equipment cost of, or to purchase all or a portion of the outstanding debt with respect to, aircraft, including engines (each, an "Owned Aircraft" and, collectively, the "Owned Aircraft"; together with Leased Aircraft, the "Aircraft"), which have been or will be purchased and owned by the Company. In the case of either Leased Aircraft Notes or Owned Aircraft Notes, such financing or refinancing is referred to herein as a "Financing" or "Refinancing", respectively. In connection with each series of Equipment Notes, the Company will enter into a separate note purchase agreement (each a "Note Purchase Agreement") in the form given to the Representatives prior to execution of the relevant Pricing Agreement. Each series of Leased Aircraft Notes wil...
Sale of Pass Through Certificates. The Company proposes that from time to time The Bank of New York as Pass Through Trustee or another Pass Through Trustee identified in a Pricing Agreement (the "Pass Through Trustee"), pursuant to the Pass Through Agreement, as supplemented by a supplement thereto (each, a "Series Supplement") between the Company and the Pass Through Trustee (such Pass Through Agreement, as supplemented by each Series Supplement relating to the Designated Certificates (as defined below) being herein referred to as the "Pass Through Agreement"), issue Pass Through Certificates ("Pass Through Certificates") and, subject to the terms and conditions set forth in the applicable Underwriting Agreement, sell to the several Underwriters therefor the Pass Through Certificates specified in Schedule II to the related Pricing Agreement (the
Sale of Pass Through Certificates. On the Funding Date, the Holder shall sell to the Participant and the Participant shall purchase the Pass-Through Certificate to be purchased by it as specified in Schedule A.
