Common use of Security Trustee Protected Clause in Contracts

Security Trustee Protected. If, in the opinion of the Security Trustee, any document required to be executed pursuant to the terms of Section 9.2 adversely affects any right, duty, immunity or indemnity in favor of the Security Trustee under this Security Agreement or the other Basic Agreements, the Security Trustee may in its discretion decline to execute such document.

Appears in 2 contracts

Samples: Framework Agreement (Spirit Airlines, Inc.), Framework Agreement (Spirit Airlines, Inc.)

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Security Trustee Protected. If, If in the opinion of the Security Trustee, Trustee any document required to be executed pursuant to the terms of Section 9.2 9.1 adversely affects any right, duty, immunity or indemnity in favor of the Security Trustee under this Security Agreement or the other Basic AgreementsOperative Documents, the Security Trustee may in its discretion decline to execute such document.

Appears in 1 contract

Samples: Purchase Agreement (Allegiant Travel CO)

Security Trustee Protected. If, If in the opinion of the Security Trustee, Trustee any document required to be executed pursuant to the terms of Section 9.2 9.l adversely affects any right, duty, immunity or indemnity in favor of the Security Trustee under this Security Agreement or the other Basic Operative Agreements, the Security Trustee may in its discretion decline to execute such document.

Appears in 1 contract

Samples: Funding Agreement (Republic Airways Holdings Inc)

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Security Trustee Protected. If, If in the opinion of the Security Trustee, Trustee any document required to be executed pursuant to the terms of Section 9.2 9.1 adversely affects any right, duty, immunity or indemnity in favor of the Security Trustee under this Security Agreement or the other Basic Operative Agreements, the Security Trustee may in its discretion decline to execute such document.

Appears in 1 contract

Samples: Aircraft Security Agreement (Republic Airways Holdings Inc)

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