Common use of Voluntary Redemptions of Secured Certificates Clause in Contracts

Voluntary Redemptions of Secured Certificates. Any or all of the Secured Certificates may be redeemed by the Owner Trustee in connection with a transaction described in, and subject to the terms and conditions of, Section 17 of the Participation Agreement upon at least 30 days' revocable prior written notice to the Indenture Trustee and the Certificate Holders, and the Secured Certificates shall, as provided in Section 17 of the Participation Agreement, be redeemed in whole at a redemption price equal to 100% of the unpaid Principal Amount thereof, together with accrued interest thereon to the date of redemption and all other amounts payable hereunder or under the Participation Agreement to the Certificate Holders plus Make-Whole Amount, if any.

Appears in 11 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 Corp)

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Voluntary Redemptions of Secured Certificates. Any or all of the Secured Certificates may be redeemed by the Owner Trustee in connection with a transaction described in, and subject to the terms and conditions of, Section 17 of the Participation Agreement upon at least 30 days' days revocable prior written notice to the Indenture Trustee and the Certificate Holders, and the Secured Certificates shall, as provided in Section 17 of the Participation Agreement, be redeemed in whole at a redemption price equal to 100% of the unpaid Principal Amount thereof, together with accrued interest thereon to the date of redemption and all other amounts payable hereunder or under the Participation Agreement to the Certificate Holders plus Make-Whole Amount, if any.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Northwest Airlines Corp)

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Voluntary Redemptions of Secured Certificates. Any or all All (but not less than all) of the Secured Certificates may be redeemed by the Owner Trustee in connection with a transaction described in, and subject to the terms and conditions of, Section 17 of the Participation Agreement upon at least 30 days' revocable prior written notice to the Indenture Trustee and the Certificate Holders, and the Secured Certificates shall, as provided in Section 17 of the Participation Agreement, be redeemed in whole at a redemption price equal to 100% of the unpaid Principal Amount thereof, together with accrued interest thereon to the date of redemption and all other amounts payable hereunder or under the Participation Agreement to the Certificate Holders plus Make-Whole Amount, if any.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Northwest Airlines Inc /Mn)

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