Termination of Interest in Collateral. A Certificate Holder shall not, as such, have any further interest in, or other right with respect to, the Collateral when and if the Principal Amount of, Make-Whole Amount, if any, and interest on and other amounts due under all Secured Certificates held by such Certificate Holder and all other sums then payable to such Certificate Holder hereunder and under the other Operative Documents by the Owner (collectively, the "Secured Obligations") shall have been paid in full.
Appears in 7 contracts
Samples: Trust Indenture and Security Agreement (Northwest Airlines Corp), Trust Indenture and Security Agreement (Northwest Airlines Holdings Corp/Pred), Trust Indenture and Security Agreement (Northwest Airlines Inc /Mn)
Termination of Interest in Collateral. A Certificate Holder shall not, as such, have any further interest in, or other right with respect to, the Collateral when and if the Principal Amount of, Make-Whole AmountPremium, if any, and interest on and other amounts due under all Secured Certificates held by such Certificate Holder and all other sums then payable to such Certificate Holder hereunder and under the other Operative Documents by the Owner (collectively, the "Secured Obligations") shall have been paid in full.
Appears in 1 contract
Samples: Trust Indenture and Security Agreement (Northwest Airlines Inc /Mn)
