Termination of Trust Indenture. Upon (or at any time after) payment in full of the Original Amount of, Make-Whole Amount, if any, and interest on and all other amounts due under all Equipment Notes and provided that there shall then be no other Secured Obligations due to the Indenture Indemnitees, the Note Holders and the Mortgagee hereunder or under the Participation Agreement or other Operative Agreement, the Owner Trustee shall direct the Mortgagee to execute and deliver to or as directed in writing by the Owner Trustee an appropriate instrument releasing the Aircraft and the Engines from the Lien of this Trust Indenture and releasing the Lease, the Purchase Agreement, the Purchase Agreement Assignment with the Consent and Agreement and the Engine Consent and Agreement attached thereto from the assignment and pledge thereof hereunder and the Mortgagee shall execute and deliver such instrument as aforesaid and give written notice thereof to Lessee; provided, however, that this Trust Indenture and the trusts created hereby shall earlier terminate and this Trust Indenture shall be of no further force or effect upon any sale or other final disposition by the Mortgagee of all property constituting part of the Trust Indenture Estate and the final distribution by the Mortgagee of all monies or other property or proceeds constituting part of the Trust Indenture Estate in accordance with the terms hereof. Except as aforesaid otherwise provided, this Trust Indenture and the trusts created hereby shall continue in full force and effect in accordance with the terms hereof.
Termination of Trust Indenture. Upon (or at any time after) payment in full of the Original Amount of, Make-Whole Amount, if any, and interest on and all other amounts due under all Equipment Notes and provided that there shall then be no other Secured Obligations due to the Indenture Indemnitees, the Note Holders and the Mortgagee hereunder or under the Participation Agreement, any other Operative Agreement, any Related Equipment Note or any Related Indenture, the Owner shall direct the Mortgagee to execute and deliver to or as directed in writing by the Owner an appropriate instrument releasing the Aircraft and the Engines and (subject to paragraph (iv) of clause “Third” of Section 3.03 hereof, if applicable) all other Collateral from the Lien of this Trust Indenture and the Mortgagee shall execute and deliver such instrument as aforesaid; provided, however, that this Trust Indenture and the trusts created hereby shall earlier terminate and this Trust Indenture shall be of no further force or effect upon any sale or other final disposition by the Mortgagee of all property constituting part of the Collateral and the final distribution by the Mortgagee of all monies or other property or proceeds constituting part of the Collateral in accordance with the terms hereof. Except as aforesaid otherwise provided, this Trust Indenture and the trusts created hereby shall continue in full force and effect in accordance with the terms hereof.
Termination of Trust Indenture. 57 SECTION 10.02. No Legal Title to Trust Indenture Estate in Note Holders........................................ 58 SECTION 10.03. Sale of Aircraft by Mortgagee Is Binding............... 58 SECTION 10.04. Trust Indenture for Benefit of Owner Trustee, Mortgagee, Owner Participant, Note Holders and the other Indenture Indemnitees............................................ 58 SECTION 10.05. Notices................................................ 59 SECTION 10.06. Severability........................................... 59 SECTION 10.07. No Oral Modification or Continuing Waivers............. 59 SECTION 10.08. Successors and Assigns................................. 60 SECTION 10.09. Headings............................................... 60 SECTION 10.10. Normal Commercial Relations............................ 60 SECTION 10.11. Governing Law; Counterpart Form........................ 60 SECTION 10.12. Voting By Note Holders................................. 61 SECTION 10.13. Bankruptcy............................................. 61 EXHIBIT A Form of Trust Indenture and Mortgage Supplement SCHEDULE I Equipment Notes Amortization and Interest Rates TRUST INDENTURE AND MORTGAGE [___] TRUST INDENTURE AND MORTGAGE [___], dated as of [___________, 199_] ("Trust Indenture"), between FIRST SECURITY BANK, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity, except as expressly stated herein, but solely as Owner Trustee under the Trust Agreement referred to below (together with its successors under the Trust Agreement, the "Owner Trustee"), and WILMINGTON TRUST COMPANY, a Delaware banking corporation, not in its individual capacity, except as expressly stated herein, but solely as Mortgagee hereunder (together with its successors hereunder, the "Mortgagee").
Termination of Trust Indenture. 53 SECTION 11.02. No Legal Title to Collateral in Note Holders..... 53 SECTION 11.03. Sale of Aircraft by Mortgagee Is Binding......... 54
Termination of Trust Indenture. 57 SECTION 10.02 No Legal Title to Trust Indenture Estate in Note Holders..58 SECTION 10.03 Sale of Aircraft by Mortgagee Is Binding..................58 SECTION 10.04 Trust Indenture for Benefit of Owner Trustee, Mortgagee, Owner Participant, Note Holders and Other Holders of Secured Obligations ......................................58 SECTION 10.05 Notices...................................................58 SECTION 10.06 Severability..............................................59 SECTION 10.07 No Oral Modification or Continuing Waivers................59 SECTION 10.08 Successors and Assigns....................................59 SECTION 10.09 Headings..................................................59 SECTION 10.10 Normal Commercial Relations...............................59 SECTION 10.11 Governing Law; Counterpart Form...........................60 SECTION 10.12
Termination of Trust Indenture. Upon (or at any time after):
Termination of Trust Indenture. 74 SECTION 11.02. No Legal Title to Collateral in Certificate Holders . . . . . . . . . . . . . . . . . . . 75 SECTION 11.03. Sale of Aircraft by Indenture Trustee Is Binding . . . . . . . . . . . . . . . . . . . 75 SECTION 11.04. Trust Indenture for Benefit of the Owner, Indenture Trustee, and Certificate Holders . . 75 SECTION 11.05. Notices . . . . . . . . . . . . . . . . . . . . 75 SECTION 11.06. Severability . . . . . . . . . . . . . . . . . . 76 SECTION 11.07. No Oral Modification or Continuing Waivers . . . 76 SECTION 11.08. Successors and Assigns . . . . . . . . . . . . . 76 SECTION 11.09. Headings . . . . . . . . . . . . . . . . . . . . 77 SECTION 11.10. Normal Commercial Relations . . . . . . . . . . 77 SECTION 11.11. Governing Law; Counterpart Form . . . . . . . . 77 SECTION 11.12. Voting By Certificate Holders . . . . . . . . . 77 SECTION 11.13. Bankruptcy . . . . . . . . . . . . . . . . . . . 77 ANNEX A Definitions EXHIBIT A Form of Trust Indenture Supplement SCHEDULE I Secured Certificates Amortization SCHEDULE II Pass Through Trust Agreements SCHEDULE III Schedule of Permitted Lessees TRUST INDENTURE AND SECURITY AGREEMENT [NW ____ _] TRUST INDENTURE AND SECURITY AGREEMENT [NW ____ _], dated as of [_______________] ("Trust Indenture") between NORTHWEST AIRLINES, INC., a Minnesota corporation (the "Owner") and STATE STREET BANK AND TRUST COMPANY, a Massachusetts trust company, not in its individual capacity, except as expressly stated herein, but solely as Indenture Trustee hereunder (together with its successors hereunder, the "Indenture Trustee").
Termination of Trust Indenture. 57 Section 10.01 Termination of Trust Indenture................................................. 57 Section 10.02 Survival of Certain Obligations................................................ 58 Section 10.03 Monies to Be Held in Trust..................................................... 58 Section 10.04 Monies to Be Returned to Owner................................................. 58
Termination of Trust Indenture. 67 Section 10.01.
Termination of Trust Indenture. 50 SECTION 10.02. No Legal Title to Trust Indenture Estate in Note Holders.....................................................50 SECTION 10.03. Sale of Aircraft by Mortgagee Is Binding....................51
