Section 1110 of the Bankruptcy Code. It is the intention of the parties hereto that the security interest created hereby, to the fullest extent available under applicable law, entitles the Collateral Agent, on behalf of the Banks, to all of the benefits of Section 1110 of the Bankruptcy Code with respect to each Airframe and Engine.
Appears in 2 contracts
Samples: Revolving Credit Facility Agreement (Southwest Airlines Co), Credit Agreement (Southwest Airlines Co)
Section 1110 of the Bankruptcy Code. It is the intention of the parties hereto that the security interest created hereby, to the fullest extent available under applicable law, hereby entitles the Collateral Agent, Administrative Agent on behalf of the Banks, Secured Parties to all of the benefits of Section 1110 of the Bankruptcy Code with respect in the event of any reorganization of the Company under the Bankruptcy Code subject, in each case, to each Airframe and Enginethe relevant provisions of Section 1110.
Appears in 2 contracts
Samples: Mortgage and Security Agreement (Global Aero Logistics Inc.), Mortgage and Security Agreement (Global Aero Logistics Inc.)
Section 1110 of the Bankruptcy Code. It is the intention of the parties hereto that the security interest created hereby, to the fullest extent available under applicable law, hereby entitles the Collateral Agent, Agent on behalf of the Banks, Administrative Agent and Noteholders to all of the benefits of Section 1110 of the Bankruptcy Code with respect to each Airframe and Enginein the event of any reorganization of the Company under the Bankruptcy Code.
Appears in 1 contract
Samples: Mortgage and Security Agreement (Northwest Airlines Corp)
Section 1110 of the Bankruptcy Code. It is the intention of the parties hereto that the security interest created hereby, to the fullest extent available under applicable law, hereby entitles the Collateral Agent, Security Trustee on behalf of the Banks, Beneficiaries to all of the benefits of Section 1110 of Chapter 11 of the Bankruptcy Code with in respect to each Airframe and Engineof the Specified Engines in the event the Company becomes a debtor under such Chapter.
Appears in 1 contract
Samples: Mortgage and Security Agreement (America West Holdings Corp)
Section 1110 of the Bankruptcy Code. It is the intention of the parties hereto that the security interest created hereby, to the fullest extent available under applicable law, hereby entitles the Collateral Agent, Security Trustee on behalf of the Banks, Lenders to all of the benefits of Section 1110 of Chapter 11 of the Bankruptcy Code with in respect to each Airframe and Engineof the Specified Engines in the event the Company becomes a debtor under such Chapter.
Appears in 1 contract
Samples: Engine Mortgage and Security Agreement (America West Holdings Corp)
