Common use of Secured Loan Clause in Contracts

Secured Loan. Each Loan Participant agrees to provide ------------ immediately available funds in the amount determined by multiplying Lessor's Cost by the percentage set forth opposite its name on Schedule I (a Loan Participant's "Commitment") to or on behalf of the Owner Trustee by paying or causing to be paid such amount to the Owner Trustee, at the account specified by the Owner Trustee on or prior to the Delivery Date, such amount to be held and applied toward the Owner Trustee's payment of Lessor's Cost for the Aircraft on the Delivery Date (and if not so applied, to be promptly returned to such Loan Participant). Such funds, once so applied, shall constitute a loan to the Owner Trustee to be evidenced by an Equipment Note substantially in the form set forth in the Indenture and as more particularly described herein and in the Indenture and secured as provided in the Indenture.

Secured Loan. Each Loan Participant agrees to provide ------------ immediately available funds in the amount determined by multiplying Lessor's Cost by the percentage set forth opposite its name on Schedule I (each such commitment being referred to as a Loan Participant's "Commitment") to or on behalf of the Owner Trustee by paying or causing to be paid such amount to the Owner Trustee, at the account specified by the Owner Trustee Lessee on or prior to the Delivery Date, such amount to be held and applied toward the Owner Trustee's payment of Lessor's Cost for the Aircraft on the Delivery Date (and if not so applied, to be promptly returned to such the Loan ParticipantParticipants). Such funds, once so applied, shall constitute a loan to the Owner Trustee to be evidenced by an the Equipment Note substantially in the form set forth in the Indenture and as more particularly described herein and in the Indenture Notes and secured as provided in the Indenture.

Secured Loan. Each Loan Participant agrees to provide immediately ------------ immediately available funds in the amount determined by multiplying Lessor's Cost by the percentage set forth opposite its name on Schedule I (a Loan Participant's "Commitment") to or on behalf of the Owner Trustee by paying or causing to be paid such amount to the Owner Trustee, at the account specified by the Owner Trustee on or prior to the Delivery Date, such amount to be held and applied toward the Owner Trustee's payment of Lessor's Cost for the Aircraft on the Delivery Date (and if not so applied, to be promptly returned to such Loan Participant). Such funds, once so applied, shall constitute a loan to the Owner Trustee to be evidenced by an Equipment Note substantially in the form set forth in the Indenture and as more particularly described herein and in the Indenture and secured as provided in the Indenture.

Secured Loan. Each Loan Participant agrees to provide ------------ immediately available funds in the amount determined by multiplying Lessor's Cost by the percentage set forth opposite its name on Schedule I (each such commitment being referred to as a Loan Participant's "Commitment") to or on behalf of the Owner Trustee by paying or causing to be paid such amount to the Owner Trustee, at the account specified by the Owner Trustee Lessee on or prior to the Delivery Date, Date such amount to be held and applied toward the Owner Trustee's payment to the Lessee of Lessor's Cost for the Aircraft on the Delivery Date (and if not so applied, to be promptly returned to such the Loan ParticipantParticipants). Such funds, once so applied, shall constitute a loan to the Owner Trustee to be evidenced by an the Equipment Note substantially in the form set forth in the Indenture and as more particularly described herein and in the Indenture Notes and secured as provided in the Indenture.

Secured Loan. Each Loan Participant agrees to provide ------------ immediately available funds in the amount determined by multiplying Lessor's Cost by the percentage set forth opposite its name on Schedule I (each such commitment being referred to as a Loan Participant's "Commitment") to or on behalf of the Owner Trustee by paying or causing to be paid such amount to the Owner Trustee, at the account specified by the Owner Trustee Lessee on or prior to the Delivery Date, Date such amount to be held and applied toward the Owner Trustee's payment to the Lessee of Lessor's Cost for the Aircraft on the Delivery Date (and if not so applied, to be promptly returned to such the Loan ParticipantParticipants). Such funds, once so applied, shall constitute a loan to the Owner Trustee to be evidenced by an the Equipment Note substantially in the form set forth in the Indenture and as more particularly described herein and in the Indenture Notes and secured as provided in the Indenture.