Termination of Intercreditor Agreement. Following payment of Final Distributions with respect to each Class of Certificates and the payment in full of all Liquidity Obligations to the Primary Liquidity Providers and all Policy Provider Amounts to the Policy Providers and provided that there shall then be no other amounts due to the Certificateholders, the Trustees, the Primary Liquidity Providers, the Policy Providers and the Subordination Agent hereunder or under the Trust Agreements, and that the commitment of the (i) Primary Liquidity Providers under each Primary Liquidity Facility and (ii) Policy Providers under each Policy shall have expired or been terminated, this Agreement and the trusts created hereby shall terminate and this Agreement shall be of no further force or effect. Except as aforesaid or otherwise provided, this Agreement and the trusts created hereby shall continue in full force and effect in accordance with the terms hereof.
Appears in 1 contract
Termination of Intercreditor Agreement. Following payment of Final Distributions with respect to each the Class of A Certificates and the Additional Certificates (if any) and the payment in full of all Liquidity Obligations to the Primary Liquidity Providers and all Policy Provider Amounts to the Policy Providers and provided that there shall then be no other amounts due to the Class A Certificateholders, the TrusteesAdditional Certificateholders (if any), the Primary Liquidity ProvidersClass A Trustee, the Policy Providers Additional Trustee (if any), the Liquidity Provider and the Subordination Agent hereunder or under the Class A Trust AgreementsAgreement or the Additional Trust Agreement (if any), and that the commitment of the (i) Primary Liquidity Providers Provider under each Primary the Liquidity Facility and (ii) Policy Providers under each Policy shall have expired or been terminated, this Agreement and the trusts created hereby shall terminate and this Agreement shall be of no further force or effect. Except as aforesaid or otherwise provided, this Agreement and the trusts created hereby shall continue in full force and effect in accordance with the terms hereof.
Appears in 1 contract
Termination of Intercreditor Agreement. Following payment of Final Distributions with respect to each Class of Certificates and the payment in full of all Liquidity Obligations to the Primary Liquidity Providers and all Policy Provider Amounts Obligations to the Policy Providers Provider and provided PROVIDED that there shall then be no other amounts due to the Certificateholders, the Trustees, the Primary Liquidity Providers, the Policy Providers Provider and the Subordination Agent hereunder or under the Trust Agreements, and that the commitment of the (i) Primary Liquidity Providers under each the Primary Liquidity Facility Facilities and (ii) Policy Providers Provider under each Policy shall have expired or been terminated, this Agreement and the trusts created hereby shall terminate and this Agreement shall be of no further force or effect. Except as aforesaid or otherwise provided, this Agreement and the trusts created hereby shall continue in full force and effect in accordance with the terms hereof.
Appears in 1 contract
Samples: Intercreditor Agreement (Continental Airlines Inc /De/)
Termination of Intercreditor Agreement. Following payment of Final Distributions with respect to each Class of Certificates and the payment in full of all Liquidity Obligations to the Primary Liquidity Providers and all Policy Provider Amounts Obligations to the Policy Providers and Provider (provided that there shall then be no other amounts due to the Certificateholders, the Trustees, the Primary Liquidity Providers, the Policy Providers Provider with respect to the Primary Liquidity Facility and the Subordination Agent hereunder or under the Trust Agreements, and that the commitment of the (i) Primary the Liquidity Providers under each Primary the Liquidity Facility Facilities and (ii) the Policy Providers Provider under each Policy the Policies shall have expired or been terminated), this Agreement and the trusts created hereby shall terminate and this Agreement shall be of no further force or effect. Except as aforesaid or otherwise provided, this Agreement and the trusts created hereby shall continue in full force and effect in accordance with the terms hereof.
Appears in 1 contract
Samples: Intercreditor Agreement (Northwest Airlines Inc /Mn)
Termination of Intercreditor Agreement. Following payment of Final Distributions with respect to each Class of Certificates and the payment in full of all Liquidity Obligations to the Primary Liquidity Providers Provider and all Policy Provider Amounts to the Policy Providers Provider and provided that there shall then be no other amounts due to the Certificateholders, the Trustees, the Primary Liquidity ProvidersProvider, the Policy Providers Provider and the Subordination Agent hereunder or under the Trust Agreements, and that the commitment of the (i) Primary Liquidity Providers Provider under each the Primary Liquidity Facility and (ii) Policy Providers Provider under each the Policy shall have expired or been terminated, this Agreement and the trusts created hereby shall terminate and this Agreement shall be of no further force or effect. Except as aforesaid or otherwise provided, this Agreement and the trusts created hereby shall continue in full force and effect in accordance with the terms hereof.
Appears in 1 contract
Samples: Intercreditor Agreement (Continental Airlines Inc /De/)