Common use of Terms of Equipment Notes Clause in Contracts

Terms of Equipment Notes. There shall be issued and delivered to the Loan Participant an Equipment Note under each of the [two] series of the Equipment Notes related to each Lease Supplement executed and delivered in respect of the Units delivered on the Initial Closing Date and the Subsequent Closing Date in the maturity and bearing the interest rate as set forth in Exhibit B hereto, in an aggregate principal amount equal to that portion of the loan made by the Loan Participant to the Owner Trustee pursuant to Section 2 of the Participation Agreement relating to the Units under such Lease Supplement. Such Equipment Note, shall evidence the loan made by the Loan Participant in connection with the purchase of the Equipment by the Owner Trustee from the Lessee, each such Equipment Note to be substantially in the form set forth in Section 2.01, with deletions and insertions as appropriate, duly authenticated by the Indenture Trustee and dated the Initial Closing Date of the Equipment or the Subsequent Closing Date of the Equipment, as applicable, and as having been issued in connection with the Equipment under a related Lease Supplement. The principal amount of and interest on each Equipment Note issued pursuant to the provisions of this Indenture shall be payable as set forth in the form thereof contained in Section 2.01 and Annex A. Interest accrued on the Equipment Notes shall be computed on the basis of a 360-day year of twelve 30-day months on the principal amount thereof remaining unpaid from time to time from and including the date thereof to but excluding the date of payment. The Owner Trustee shall furnish to the Indenture Trustee a copy of each Equipment Note issued pursuant to the provisions of this Indenture. The aggregate principal amount of Equipment Notes which may be outstanding at any one time shall be limited to the aggregate amount set forth in Exhibit B hereto. No Equipment Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it shall have been authenticated by or on behalf of the Indenture Trustee by manual signature.

Terms of Equipment Notes. There shall be issued and delivered to the Loan Participant an one Equipment Note under each of the [two] series of the Equipment Notes related to relevant Series for each Lease Basic Group identified in each Indenture Supplement executed and delivered in respect of the Units delivered on the Initial Closing Date and the Subsequent Closing Date in the maturity maturity, principal amount and bearing the interest rate as set forth in Exhibit B heretoat the Debt Rate, and the Equipment Notes related to each such Indenture Supplement shall be in an aggregate principal amount equal set forth on Schedule 4 to that portion of the Participation Agreement. Each such Equipment Note shall evidence the loan made by the Loan Participant to the Owner Trustee pursuant to Section 2 of the Participation Agreement relating to the Units under such Lease Supplement. Such Equipment Note, shall evidence the loan made by the Loan Participant in connection with the purchase of the Equipment by the Owner Trustee from the LesseeOwner, each such Equipment Note to be substantially in the form set forth in Section 2.01, with deletions and insertions as appropriate, duly authenticated by the Indenture Trustee and dated the Initial Closing Date of the Equipment or the Subsequent Closing Date of the Equipment, as applicableDate, and as having been issued in connection with the Equipment under a related Lease Indenture Supplement. The Equipment Notes will be issued in registered form only. The principal amount of and interest on each Equipment Note issued pursuant to the provisions of this Indenture shall be payable as on each Payment Date, and in the case of the principal amount of such Equipment Note, in installments payable on the date and in the amounts set forth in the form thereof contained in Section 2.01 and Annex A. A hereto. Interest accrued is payable on the Equipment Notes shall be at the Debt Rate (computed on the basis of a 360-day year of twelve 30-day months months) on the principal amount thereof remaining unpaid from time to time from and including the date thereof immediately preceding Payment Date to but excluding the date of payment. Each Equipment Note shall bear interest, payable on demand, at the Late Rate (calculated on the basis of a year of 360 days comprised of twelve 30-day months) on any part of the principal amount, any Make-Whole Amount, if applicable, and, to the extent permitted by applicable law, interest and any other amounts payable thereunder not paid when due for any period during which the same shall be overdue, in each case for the period the same is overdue. Amounts under any Equipment Note shall be overdue if not paid when due (whether at stated maturity, by acceleration or otherwise). The Equipment Notes shall be executed on behalf of the Owner by one of its authorized officers. Equipment Notes bearing the signatures of individuals who were at any time the proper officers of the Owner shall bind the Owner, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Equipment Notes or did not hold such offices at the respective dates of such Equipment Notes. The Owner Trustee shall furnish may from time to time execute and deliver Equipment Notes with respect to the Equipment to the Indenture Trustee a copy of each Equipment Note issued pursuant to the provisions of this Indenture. The aggregate principal amount of for authentication upon original issue and such Equipment Notes which may shall thereupon be outstanding at any one time shall be limited to authenticated and delivered by the aggregate amount set forth in Exhibit B heretoIndenture Trustee upon the written request of the Owner signed by an authorized officer of the Owner. No Equipment Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it shall have been authenticated by or on behalf of the Indenture Trustee by manual or facsimile signature.

Terms of Equipment Notes. There shall be issued and delivered to the Loan Participant an one Equipment Note under each of the [two] series of the Equipment Notes related to relevant Series for each Lease Supplement executed and delivered in respect of the Units delivered on the Initial Closing Date and the Subsequent Closing Date in the maturity maturity, principal amount and bearing the interest rate as set forth for such Series in Exhibit B hereto, and the Equipment Notes related to each such Lease Supplement shall be in an aggregate principal amount equal to that portion of the loan made by the Loan Participant to the Owner Trustee pursuant to Section 2 of the Participation Agreement relating to the Units under such Lease Supplement. Such Each such Equipment Note, Note shall evidence the loan made by the Loan Participant in connection with the purchase of the Equipment such Units by the Owner Trustee from the Lessee, each such Equipment Note to be substantially in the form set forth in Section 2.01, with deletions and insertions as appropriate, duly authenticated by the Indenture Trustee and dated the Initial Closing Date of the Equipment or the Subsequent Closing Date of the Equipment, as applicable, and as having been issued in connection with the Equipment under a related Lease Supplement. The principal amount of and interest on each Equipment Note issued pursuant to the provisions of this Indenture shall be payable as set forth in the form thereof contained in Section 2.01 and Annex A. A for the relevant Series. Interest accrued on the Equipment Notes shall be computed on the basis of a 360-360- day year of twelve 30-day months on the principal amount thereof remaining unpaid from time to time from and including the date thereof to but excluding the date of payment. The Owner Trustee shall furnish to the Indenture Trustee a copy of each Equipment Note issued pursuant to the provisions of this Indenture. The aggregate principal amount of Equipment Notes of any one Series which may be outstanding at any one time shall be limited to the aggregate amount of such Series set forth in Exhibit B hereto. The aggregate principal amount of all Equipment Notes which may be outstanding at any one time shall be limited to the aggregate amount set forth in Exhibit B hereto. No Equipment Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it shall have been authenticated by or on behalf of the Indenture Trustee by manual signature.

Terms of Equipment Notes. There shall be issued and delivered to the Loan Participant an Equipment Note under each of the [two] series of the one or more Equipment Notes related to each Lease Supplement executed and delivered in respect of the Units delivered on the Initial Closing Date and the Subsequent Closing Date in the maturity maturities and bearing the interest rate as set forth in Exhibit B hereto, in an aggregate principal amount equal to that portion of the loan made by the Loan Participant to the Owner Trustee pursuant to Section 2 of the Participation Agreement relating to the Units under such Lease Supplement. Such Each such Equipment Note, Note shall evidence the loan made by the Loan Participant in connection with the purchase of the Equipment by the Owner Trustee from the Lessee, each such Equipment Note to shall be substantially in the form set forth in Section 2.01, with deletions and insertions as appropriate, duly authenticated by the Indenture Trustee and dated the Initial Closing Date of the Equipment or the Subsequent Closing Date of the Equipment, as applicable, and as having been issued in connection with the Equipment under a related Lease Supplement. The principal amount of and interest on each Equipment Note issued pursuant to the provisions of this Indenture shall be payable as set forth in the form thereof contained in Section 2.01 and Annex A. Interest accrued on the Equipment Notes shall be computed on the basis of a 360-day year of twelve 30-day months on the principal amount thereof remaining unpaid from time to time from and including the date thereof to but excluding the date of payment. The Owner Trustee shall furnish to the Indenture Trustee a copy of each Equipment Note issued pursuant to the provisions of this Indenture. The aggregate principal amount of Equipment Notes which may be outstanding at any one time shall be limited to the aggregate amount set forth in Exhibit B hereto. No Equipment Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it shall have been authenticated by or on behalf of the Indenture Trustee by manual signature.

Terms of Equipment Notes. There shall be issued and ------------------------ delivered to the Loan Participant an one Equipment Note under each of the [two] series of the Equipment Notes related to relevant Series for each Lease Supplement executed and delivered in respect of the Units delivered on the Initial Closing Date and the Subsequent Closing Date in the maturity maturity, principal amount and bearing the interest rate as set forth for such Series in Exhibit B hereto, and the Equipment Notes --------- related to each such Lease Supplement shall be in an aggregate principal amount equal to that portion of the loan made by the Loan Participant to the Owner Trustee pursuant to Section 2 of the Participation Agreement relating to the Units under such Lease Supplement. Such Each such Equipment Note, Note shall evidence the loan made by the Loan Participant in connection with the purchase of the Equipment such Units by the Owner Trustee from the Lessee, each such Equipment Note to be substantially in the form set forth in Section 2.01, with deletions and insertions as appropriate, duly authenticated by the Indenture Trustee and dated the Initial Closing Date of the Equipment or the Subsequent Closing Date of the Equipment, as applicable, and as having been issued in connection with the Equipment under a related Lease Supplement. The principal amount of and interest on each Equipment Note issued pursuant to the provisions of this Indenture shall be payable as set forth in the form thereof contained in Section 2.01 and Annex A. A for the relevant Series. ------- Interest accrued on the Equipment Notes shall be computed on the basis of a 360-360- day year of twelve 30-day months on the principal amount thereof remaining unpaid from time to time from and including the date thereof to but excluding the date of payment. The Owner Trustee shall furnish to the Indenture Trustee a copy of each Equipment Note issued pursuant to the provisions of this Indenture. The aggregate principal amount of Equipment Notes of any one Series which may be outstanding at any one time shall be limited to the aggregate amount of such Series set forth in Exhibit B hereto. The aggregate principal amount of all --------- Equipment Notes which may be outstanding at any one time shall be limited to the aggregate amount set forth in Exhibit B hereto. --------- No Equipment Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless it shall have been authenticated by or on behalf of the Indenture Trustee by manual signature.