Common use of Section 15 Clause in Contracts

Section 15. 07. Officers' Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION 15.08. Severability............................................ 73 SECTION 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 15.10. Successors and Assigns.................................. 73 SECTION 15.11. Headings................................................ 73 SECTION 15.12. Normal Commercial Relations............................. 73 SECTION 15.13. Governing Law; Counterparts............................. 74 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FE) dated as of October 15, 1995, as amended and restated as of October 26, 1995 (the "Indenture"), between NBD Bank, a Michigan banking corporation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBD"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association), a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease.................................................. 76 Section 15.06. Notices................................................. 76 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ..................... 77 Section 15.08. Severability............................................ 73 SECTION 77 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 78 Section 15.10. Successors and Assigns.................................. 73 SECTION 78 Section 15.11. Headings................................................ 73 SECTION 78 Section 15.12. Normal Commercial Relations............................. 73 SECTION 78 Section 15.13. Governing Law; Counterparts............................. 74 78 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule of Principal Payments Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN676FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN676FE) dated as of October June 15, 19951998, as amended and restated as of October 26July 15, 1995 1998 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease................................................... 78 Section 15.06. Notices................................................. 78 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ................................. 79 Section 15.08. Severability............................................ 73 SECTION 80 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 80 Section 15.10. Successors and Assigns.................................. 73 SECTION 80 Section 15.11. Headings................................................ 73 SECTION 80 Section 15.12. Normal Commercial Relations............................. 73 SECTION 80 Section 15.13. Governing Law; Counterparts............................. 74 80 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left BlankReserved] Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN673FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN673FE) dated as of October 15May 1, 1995, as amended and restated as of October 26, 1995 1997 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease................................................... 77 Section 15.06. Notices................................................. 77 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ...................... 78 Section 15.08. Severability............................................ 73 SECTION 78 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 79 Section 15.10. Successors and Assigns.................................. 73 SECTION 79 Section 15.11. Headings................................................ 73 SECTION 79 Section 15.12. Normal Commercial Relations............................. 73 SECTION 79 Section 15.13. Governing Law; Counterparts............................. 74 79 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left BlankReserved] Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN581FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN581FE) dated as of October 15May 1, 1995, as amended and restated as of October 26, 1995 1997 (the "Indenture"), between NBD BankWILMINGTON TRUST COMPANY, a Michigan Delaware banking corporation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDWTC"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease................................................... 78 Section 15.06. Notices................................................. 78 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ...................... 79 Section 15.08. Severability............................................ 73 SECTION 79 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 80 Section 15.10. Successors and Assigns.................................. 73 SECTION 80 Section 15.11. Headings................................................ 73 SECTION 80 Section 15.12. Normal Commercial Relations............................. 73 SECTION 80 Section 15.13. Governing Law; Counterparts............................. 74 80 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule of Principal Payments Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN621FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN621FE) dated as of October June 15, 1995, as amended and restated as of October 26, 1995 1998 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease.............................................. 76 Section 15.06. Notices................................................ 76 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ................. 77 Section 15.08. Severability............................................ 73 SECTION . ......................................... 77 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION ............ 78 Section 15.10. Successors and Assigns.................................. 73 SECTION . ............................... 78 Section 15.11. Headings................................................ 73 SECTION . ............................................ 78 Section 15.12. Normal Commercial Relations............................. 73 SECTION . .......................... 78 Section 15.13. Governing Law; Counterparts............................. 74 . .......................... 78 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule of Principal Payments Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN677FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN677FE) dated as of October June 15, 19951998, as amended and restated as of October 26August 1, 1995 1998 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease................................................... 78 Section 15.06. Notices................................................. 78 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ................................. 79 Section 15.08. Severability............................................ 73 SECTION 80 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 80 Section 15.10. Successors and Assigns.................................. 73 SECTION 80 Section 15.11. Headings................................................ 73 SECTION 80 Section 15.12. Normal Commercial Relations............................. 73 SECTION 80 Section 15.13. Governing Law; Counterparts............................. 74 80 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left BlankReserved] Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN674FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN674FE) dated as of October 15May 1, 1995, as amended and restated as of October 26, 1995 1997 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease................................................... 78 Section 15.06. Notices................................................. 78 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ...................... 79 Section 15.08. Severability............................................ 73 SECTION 79 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 80 Section 15.10. Successors and Assigns.................................. 73 SECTION 80 Section 15.11. Headings................................................ 73 SECTION 80 Section 15.12. Normal Commercial Relations............................. 73 SECTION 80 Section 15.13. Governing Law; Counterparts............................. 74 80 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule of Principal Payments Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN676FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN676FE) dated as of October June 15, 1995, as amended and restated as of October 26, 1995 1998 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease................................................... 78 Section 15.06. Notices................................................. 78 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ................................. 79 Section 15.08. Severability............................................ 73 SECTION 80 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 80 Section 15.10. Successors and Assigns.................................. 73 SECTION 80 Section 15.11. Headings................................................ 73 SECTION 80 Section 15.12. Normal Commercial Relations............................. 73 SECTION 80 Section 15.13. Governing Law; Counterparts............................. 74 80 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left BlankReserved] Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN672FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN672FE) dated as of October 15May 1, 1995, as amended and restated as of October 26, 1995 1997 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease................................................. 78 Section 15.06. Notices................................................. 78 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ............................... 79 Section 15.08. Severability............................................ 73 SECTION 80 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 80 Section 15.10. Successors and Assigns.................................. 73 SECTION 80 Section 15.11. Headings................................................ 73 SECTION 80 Section 15.12. Normal Commercial Relations............................. 73 SECTION 80 Section 15.13. Governing Law; Counterparts............................. 74 80 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left BlankReserved] Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN670FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN670FE) dated as of October 15May 1, 1995, as amended and restated as of October 26, 1995 1997 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease................................................... 76 Section 15.06. Notices................................................. 76 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ................................. 77 Section 15.08. Severability............................................ 73 SECTION 77 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 78 Section 15.10. Successors and Assigns.................................. 73 SECTION 78 Section 15.11. Headings................................................ 73 SECTION 78 Section 15.12. Normal Commercial Relations............................. 73 SECTION 78 Section 15.13. Governing Law; Counterparts............................. 74 78 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule of Principal Payments Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN680FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN680FE) dated as of October June 15, 19951998, as amended and restated as of October 26November 1, 1995 1998 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease.............................................. 76 Section 15.06. Notices................................................. 76 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ..................... 77 Section 15.08. Severability............................................ 73 SECTION 77 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 78 Section 15.10. Successors and Assigns.................................. 73 SECTION 78 Section 15.11. Headings................................................ 73 SECTION 78 Section 15.12. Normal Commercial Relations............................. 73 SECTION 78 Section 15.13. Governing Law; Counterparts............................. 74 78 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule of Principal Payments Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN679FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN679FE) dated as of October June 15, 19951998, as amended and restated as of October 261, 1995 1998 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease................................................... 77 Section 15.06. Notices................................................. 77 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ...................... 78 Section 15.08. Severability............................................ 73 SECTION 79 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 79 Section 15.10. Successors and Assigns.................................. 73 SECTION 79 Section 15.11. Headings................................................ 73 SECTION 79 Section 15.12. Normal Commercial Relations............................. 73 SECTION 79 Section 15.13. Governing Law; Counterparts............................. 74 80 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left BlankReserved] Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN583FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN583FE) dated as of October 15May 1, 1995, as amended and restated as of October 26, 1995 1997 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease................................................... 76 Section 15.06. Notices................................................. 76 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ...................... 77 Section 15.08. Severability............................................ 73 SECTION 77 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 78 Section 15.10. Successors and Assigns.................................. 73 SECTION 78 Section 15.11. Headings................................................ 73 SECTION 78 Section 15.12. Normal Commercial Relations............................. 73 SECTION 78 Section 15.13. Governing Law; Counterparts............................. 74 78 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule of Principal Payments Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN678FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN678FE) dated as of October June 15, 19951998, as amended and restated as of October 26September 1, 1995 1998 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 07. Officers' Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 ...................... 71 SECTION 15.08. Severability............................................ 73 72 SECTION 15.09. No Oral Modifications or Continuing Waivers............. 73 72 SECTION 15.10. Successors and Assigns.................................. 73 SECTION 15.11. Headings................................................ 73 SECTION 15.12. Normal Commercial Relations............................. 73 SECTION 15.13. Governing Law; Counterparts............................. 74 73 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN660FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN660FE) dated as of October 15September 1, 1995, as amended and restated as of October 26, 1995 (the "Indenture"), between NBD Bank, a Michigan banking corporation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBD"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association), a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease................................................... 78 Section 15.06. Notices................................................. 78 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ................................. 79 Section 15.08. Severability............................................ 73 SECTION 80 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 80 Section 15.10. Successors and Assigns.................................. 73 SECTION 80 Section 15.11. Headings................................................ 73 SECTION 80 Section 15.12. Normal Commercial Relations............................. 73 SECTION 80 Section 15.13. Governing Law; Counterparts............................. 74 80 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left BlankReserved] Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN671FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN671FE) dated as of October 15May 1, 1995, as amended and restated as of October 26, 1995 1997 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease................................................... 77 Section 15.06. Notices................................................. 77 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ...................... 78 Section 15.08. Severability............................................ 73 SECTION 79 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 79 Section 15.10. Successors and Assigns.................................. 73 SECTION 79 Section 15.11. Headings................................................ 73 SECTION 79 Section 15.12. Normal Commercial Relations............................. 73 SECTION 79 Section 15.13. Governing Law; Counterparts............................. 74 80 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left BlankReserved] Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN584FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN584FE) dated as of October 15May 1, 1995, as amended and restated as of October 26, 1995 1997 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease................................................... 78 Section 15.06. Notices................................................. 78 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ...................... 79 Section 15.08. Severability............................................ 73 SECTION 79 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 80 Section 15.10. Successors and Assigns.................................. 73 SECTION 80 Section 15.11. Headings................................................ 73 SECTION 80 Section 15.12. Normal Commercial Relations............................. 73 SECTION 80 Section 15.13. Governing Law; Counterparts............................. 74 80 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule of Principal Payments Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN620FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN620FE) dated as of October June 15, 1995, as amended and restated as of October 26, 1995 1998 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 07. Officers' Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ............................... 71 Section 15.08. Severability............................................ 73 SECTION 72 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 72 Section 15.10. Successors and Assigns.................................. 73 SECTION 72 Section 15.11. Headings................................................ 73 SECTION 72 Section 15.12. Normal Commercial Relations............................. 73 SECTION Section 15.13. Governing Law; Counterparts............................. 74 73 Exhibit A -- Form --Form of Indenture and Security Agreement Supplement Exhibit B -- Form --Form of Certificate Schedule I -- [Intentionally --[Intentionally Left Blank] Schedule II -- Definitions --Definitions Schedule III -- Description --Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN662FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN662FE) dated as of October 15September 1, 19951996, as amended and restated as of October 2615, 1995 1996 (the "Indenture"), between NBD BankFIRST SECURITY BANK, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDFSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)STATE STREET BANK AND TRUST COMPANY, a national banking associationMassachusetts trust company, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease............................................. 78 Section 15.06. Notices................................................. 78 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION 79 Section 15.08. Severability............................................ 73 SECTION 79 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 80 Section 15.10. Successors and Assigns.................................. 73 SECTION 80 Section 15.11. Headings................................................ 73 SECTION 80 Section 15.12. Normal Commercial Relations............................. 73 SECTION 80 Section 15.13. Governing Law; Counterparts............................. 74 80 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule of Principal Payments Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN623FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN623FE) dated as of October June 15, 1995, as amended and restated as of October 26, 1995 1998 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease............................................... 75 Section 15.06. Notices................................................. 75 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ...................... 76 Section 15.08. Severability............................................ 73 SECTION 76 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 77 Section 15.10. Successors and Assigns.................................. 73 SECTION 77 Section 15.11. Headings................................................ 73 SECTION 77 Section 15.12. Normal Commercial Relations............................. 73 SECTION 77 Section 15.13. Governing Law; Counterparts............................. 74 77 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule of Principal Payments Schedule II -- Definitions Schedule III -- Description of Original Indenture Indenture; Description of Aircraft TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN590FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN590FE) dated as of October 15May 1, 19951998, as amended and restated as of October 26June 15, 1995 1998 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease................................................... 78 Section 15.06. Notices................................................. 78 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ...................... 79 Section 15.08. Severability............................................ 73 SECTION 79 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 80 Section 15.10. Successors and Assigns.................................. 73 SECTION 80 Section 15.11. Headings................................................ 73 SECTION 80 Section 15.12. Normal Commercial Relations............................. 73 SECTION 80 Section 15.13. Governing Law; Counterparts............................. 74 80 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule of Principal Payments Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN677FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN677FE) dated as of October June 15, 1995, as amended and restated as of October 26, 1995 1998 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to Lessee's Rights Under the Lease................... 64 Section 15.06. Notices................................................................. 64 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION .......................... 64 Section 15.08. Severability............................................ 73 SECTION ............................................................ 65 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION ............................. 65 Section 15.10. Successors and Assigns.................................. 73 SECTION .................................................. 65 Section 15.11. Headings................................................ 73 SECTION ................................................................ 66 Section 15.12. Normal Commercial Relations............................. 73 SECTION ............................................. 66 Section 15.13. Governing Law; Counterparts............................. 74 ............................................. 66 Section 15.14. Lessee's Right of Quiet Enjoyment. .................................... 66 Annex A Principal Amount of Equipment Notes Annex B Amortization Schedule Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule II -- Definitions Schedule III -- Description of Original Indenture to Equipment Note Principal Amortization TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FE) [N3__ML] TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FE) [N3__ML] dated as of October 15, 1995, as amended and restated as of October 26, 1995 ___________ (the "Indenture"), between NBD BankFIRST UNION TRUST COMPANY, NATIONAL --------- ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDTrust Company"), but solely as owner trustee (the "Owner ------------- ----- Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)ALLFIRST BANK, a national banking association------- Maryland state-chartered commercial bank (when acting in its individual capacity, "Allfirst"), as Indenture Trustee hereunder (the "Indenture Trustee").. -------- -----------------

Section 15. 0705. Officers' No Action Contrary to Lessee's Rights Under the Lease................................................................................ 65 Section 15.06. Notices.............................................................................. 65 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ....................................... 65 Section 15.08. Severability............................................ 73 SECTION ......................................................................... 66 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION .......................................... 66 Section 15.10. Successors and Assigns.................................. 73 SECTION ............................................................... 66 Section 15.11. Headings................................................ 73 SECTION ............................................................................. 66 Section 15.12. Normal Commercial Relations............................. 73 SECTION .......................................................... 66 Section 15.13. Governing Law; Counterparts............................. 74 .......................................................... 66 Section 15.14. Lessee's Right of Quiet Enjoyment.................................................... 67 Annex A Principal Amount of Equipment Notes Annex B Amortization Schedule Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Equipment Note Schedule I -- [Intentionally Left Blank] Schedule II -- Definitions Schedule III -- Description of Original Indenture to Equipment Note Principal Amortization TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FE) [N361ML] TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FE) [N361ML] dated as of October 15September 27, 1995, as amended and restated as of October 26, 1995 2000 (the "Indenture"), between NBD BankFIRST UNION TRUST COMPANY, --------- NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDTrust Company"), but solely as owner trustee (the "Owner ------------- ----- Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)ALLFIRST BANK, a national banking association------- Maryland state-chartered commercial bank (when acting in its individual capacity, "Allfirst"), as Indenture Trustee hereunder (the "Indenture Trustee").. -------- -----------------

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease............................................... 78 Section 15.06. Notices................................................. 78 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ...................... 79 Section 15.08. Severability............................................ 73 SECTION 79 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 80 Section 15.10. Successors and Assigns.................................. 73 SECTION 80 Section 15.11. Headings................................................ 73 SECTION 80 Section 15.12. Normal Commercial Relations............................. 73 SECTION 80 Section 15.13. Governing Law; Counterparts............................. 74 80 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule of Principal Payments Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN585FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN585FE) dated as of October June 15, 1995, as amended and restated as of October 26, 1995 1998 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease. .............................................. 76 Section 15.06. Notices.............................................. 76 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ................... 77 Section 15.08. Severability............................................ 73 SECTION ......................................... 78 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION .......... 78 Section 15.10. Successors and Assigns.................................. 73 SECTION ............................... 78 Section 15.11. Headings................................................ 73 SECTION ............................................. 78 Section 15.12. Normal Commercial Relations............................. 73 SECTION .......................... 78 Section 15.13. Governing Law; Counterparts............................. 74 .......................... 79 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left BlankReserved] Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN583FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN583FE) dated as of October 15May 1, 19951997, as amended and restated as of October 26September 1, 1995 1997 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease.................................................. 76 Section 15.06. Notices................................................. 76 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ..................... 77 Section 15.08. Severability............................................ 73 SECTION 78 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 78 Section 15.10. Successors and Assigns.................................. 73 SECTION 78 Section 15.11. Headings................................................ 73 SECTION 78 Section 15.12. Normal Commercial Relations............................. 73 SECTION 78 Section 15.13. Governing Law; Counterparts............................. 74 78 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left BlankReserved] Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN584FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN584FE) dated as of October 15May 1, 19951997, as amended by Amendment Agreement No. 1 to Trust Indenture and Security Agreement (Federal Express Corporation Trust No. N584FE) dated September 30, 1997 and as amended and restated as of October 26February 1, 1995 1998 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease.................................................. 70 Section 15.06. Notices................................................. 70 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ................................ 71 Section 15.08. Severability............................................ 73 SECTION 72 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 72 Section 15.10. Successors and Assigns.................................. 73 SECTION 72 Section 15.11. Headings................................................ 73 SECTION Section 15.12. Normal Commercial Relations............................. 73 SECTION Section 15.13. Governing Law; Counterparts............................. 74 73 Exhibit A -- Form --Form of Indenture and Security Agreement Supplement Exhibit B -- Form --Form of Certificate Schedule I -- [Intentionally --[Intentionally Left Blank] Schedule II -- Definitions --Definitions Schedule III -- Description --Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN586FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN586FE) dated as of October 15September 1, 19951996, as amended and restated as of October 2615, 1995 1996 (the "Indenture"), between NBD BankFIRST SECURITY BANK, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDFSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)STATE STREET BANK AND TRUST COMPANY, a national banking associationMassachusetts trust company, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease................................................... 75 Section 15.06. Notices................................................. 75 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ...................... 76 Section 15.08. Severability............................................ 73 SECTION 77 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 77 Section 15.10. Successors and Assigns.................................. 73 SECTION 77 Section 15.11. Headings................................................ 73 SECTION 78 Section 15.12. Normal Commercial Relations............................. 73 SECTION 78 Section 15.13. Governing Law; Counterparts............................. 74 78 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule of Principal Payments Schedule II -- Definitions Schedule III -- Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN585FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN585FE) dated as of October June 15, 19951998, as amended and restated as of October 26September 1, 1995 1998 (the "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 07. Officers' Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION 71 Section 15.08. Severability............................................ 73 SECTION 72 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 72 Section 15.10. Successors and Assigns.................................. 73 SECTION 72 Section 15.11. Headings................................................ 73 SECTION 72 Section 15.12. Normal Commercial Relations............................. 73 SECTION Section 15.13. Governing Law; Counterparts............................. 74 73 Exhibit A -- Form --Form of Indenture and Security Agreement Supplement Exhibit B -- Form --Form of Certificate Schedule I -- [Intentionally --[Intentionally Left Blank] Schedule II -- Definitions --Definitions Schedule III -- Description --Description of Original Indenture TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN667FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN667FE) dated as of October 15August 1, 19951996, as amended and restated as of October 2615, 1995 1996 (the "Indenture"), between NBD BankFIRST SECURITY BANK, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDFSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)STATE STREET BANK AND TRUST COMPANY, a national banking associationMassachusetts trust company, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to the Lessee's Rights Under the Lease......................................... 74 Section 15.06. Notices................................................. 74 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ...................... 75 Section 15.08. Severability............................................ 73 SECTION 76 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION 76 Section 15.10. Successors and Assigns.................................. 73 SECTION 76 Section 15.11. Headings................................................ 73 SECTION 76 Section 15.12. Normal Commercial Relations............................. 73 SECTION 76 Section 15.13. Governing Law; Counterparts............................. 74 77 Exhibit A -- Form of Indenture and Security Agreement Supplement Exhibit B -- Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule of Principal Payments Schedule II -- Definitions Schedule III -- Description of Original Indenture Indenture; Description of Aircraft TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN675FE) TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FEN675FE) dated as of October 15June 1, 19951998, as amended and restated as of October 26June 15, 1995 1998 (the this "Indenture"), between NBD BankSTATE STREET BANK AND TRUST COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDSSB"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0705. Officers' No Action Contrary to Lessee's Rights Under the Lease.............................................. 69 Section 15.06. Notices............................................ 69 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ..... 69 Section 15.08. Severability............................................ 73 SECTION ....................................... 70 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION ........ 70 Section 15.10. Successors and Assigns.................................. 73 SECTION ............................. 70 Section 15.11. Headings................................................ 73 SECTION ........................................... 70 Section 15.12. Normal Commercial Relations............................. 73 SECTION ........................ 70 Section 15.13. Governing Law; Counterparts............................. 74 ........................ 71 Section 15.14. Lessee's Right of Quiet Enjoyment. ............... 71 Annex A - Principal Amount of Equipment Notes Annex B - Amortization Schedule Appendix A - Definitions Exhibit A -- - Form of Indenture and Security Agreement Supplement Exhibit B -- - Form of Certificate Equipment Note Schedule I -- [Intentionally Left Blank] Schedule II -- Definitions Schedule III -- Description of Original Indenture - Principal Amortization TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FE) [N_______] TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FE) [N ] dated as of October 15, 1995, as amended and restated as of October 26, 1995 ___________ (the "Indenture"), between NBD BankFIRST UNION TRUST COMPANY, NATIONAL ASSOCIATION, a Michigan national banking corporationassociation, not in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDTrust Company"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association)THE FIRST NATIONAL BANK OF MARYLAND, a national banking associationassociation (when acting in its individual capacity, "FNBM"), as Indenture Trustee hereunder (the "Indenture Trustee").

Section 15. 0702. Officers' No Legal Title to Trust Indenture Estate in Holders ........................................... 67 Section 15.03. Sale of Collateral by Indenture Trustee is Binding............................................ 68 Section 15.04. Indenture Trustee, FNBM, Company, Liquidity Providers and Holders Only......................... 68 Section 15.05. No Action Contrary to Company's Rights............. 68 Section 15.06. Notices............................................ 68 Section 15.07. Officer's Certificates and Opinions of Counsel; Statements to Be Contained Therein.................... 72 SECTION ..... 68 Section 15.08. Severability............................................ 73 SECTION ....................................... 69 Section 15.09. No Oral Modifications or Continuing Waivers............. 73 SECTION ........ 69 Section 15.10. Successors and Assigns.................................. 73 SECTION ............................. 69 Section 15.11. Headings................................................ 73 SECTION ........................................... 70 Section 15.12. Normal Commercial Relations............................. 73 SECTION ........................ 70 Section 15.13. Governing Law; Counterparts............................. 74 ........................ 70 Annex A - Principal Amount of Equipment Notes Annex B - Amortization Schedule Appendix A - Definitions Exhibit A -- - Form of Indenture and Security Agreement Supplement Exhibit B -- - Form of Certificate Schedule I -- [Intentionally Left Blank] Schedule II -- Definitions Schedule III -- Description Equipment Note Exhibit C - List of Original Indenture Countries TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FE) [N_______] TRUST INDENTURE AND SECURITY AGREEMENT (FEDERAL EXPRESS CORPORATION TRUST NO. N661FE) [N ] dated as of October 15___________, 1995__, as amended and restated as of October 26, 1995 199__ (the "Indenture"), between NBD BankMIDWAY AIRLINES CORPORATION, a Michigan Delaware corporation and THE FIRST NATIONAL BANK OF MARYLAND, a national banking corporation, not association (when acting in its individual capacity, except as otherwise specifically set forth herein (when acting in such individual capacity, "NBDFNBM"), but solely as owner trustee (the "Owner Trustee") under the Trust Agreement, as defined herein, and The Chase Manhattan Bank (National Association), a national banking association, as Indenture Trustee hereunder (the "Indenture Trustee").