Common use of Wire Transfer Disbursement Report Clause in Contracts

Wire Transfer Disbursement Report. At the time of each Rent or other payment, LESSEE will advise LESSOR in writing of the amount of the payment being made by LESSEE and the allocation of such payment to the Security Deposit, Rent, Reserves, Default Interest and other charges. Notwithstanding the allocation set forth in LESSEE's report, in the event an Event of Default has occurred and is continuing under this Lease, LESSOR will have complete discretion to allocate LESSEE's payments as LESSOR determines.

Appears in 4 contracts

Samples: Aircraft Lease Agreement (Frontier Airlines Inc /Co/), Aircraft Lease Agreement (Frontier Airlines Inc /Co/), Aircraft Lease Agreement (Frontier Airlines Inc /Co/)

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Wire Transfer Disbursement Report. At the time of each Rent or other payment, LESSEE will advise LESSOR (including by way of a reference included in a bank transfer instruction that is available to LESSOR) in writing of the amount of the payment being made by LESSEE and the allocation of such payment to the Security Deposit, Rent, Reserves, Default Interest and other charges. Notwithstanding the allocation set forth in LESSEE's ’s report, in the event an Event of Default has occurred and LESSEE is continuing in default under this Lease, LESSOR will have complete discretion to allocate LESSEE's ’s payments as LESSOR determines.

Appears in 3 contracts

Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)

Wire Transfer Disbursement Report. At the time of each Rent or other payment, LESSEE will advise LESSOR in writing of the amount of the payment being made by LESSEE and the allocation of such payment to the Security Deposit, Rent, Reserves, Default Interest and other charges. Notwithstanding the allocation set forth in LESSEE's ’s report, in the event an Event of Default has occurred and LESSEE is continuing in default under this Lease, LESSOR will have complete discretion to allocate LESSEE's ’s payments as LESSOR determines.

Appears in 2 contracts

Samples: Aircraft Lease Agreement (International Lease Finance Corp), Aircraft Lease Agreement (International Lease Finance Corp)

Wire Transfer Disbursement Report. At the time of each Rent or other paymentany payment is made hereunder, LESSEE will advise LESSOR in writing of the amount of the payment being made by LESSEE and the allocation of such payment to the Security Deposit, Base Rent, ReservesMaintenance Rent, Supplemental Rent, Default Interest and any other chargesamounts then payable by LESSEE. Notwithstanding the allocation set forth in LESSEE's report, in the event if an Event of Default has occurred and is continuing under this Leasecontinuing, LESSOR will have complete discretion to allocate LESSEE's payments as LESSOR determinesdetermines against LESSEE’s obligations due.

Appears in 2 contracts

Samples: Aircraft Lease Agreement, Aircraft Lease Agreement

Wire Transfer Disbursement Report. At the time of each Rent or other payment, LESSEE will advise complete and fax to LESSOR in writing of a wire transfer disbursement report stating the amount of the payment being made by LESSEE and the allocation of such payment to the Security Deposit, Rent, Reserves, Default Interest and other charges. Notwithstanding the allocation set forth in LESSEE's report, in the event an Event of Default has occurred and LESSEE is continuing in default under this Lease, LESSOR will have complete discretion to allocate LESSEE's payments as LESSOR determines.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Western Pacific Airlines Inc /De/)

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Wire Transfer Disbursement Report. At the time of each Rent or other payment, LESSEE will advise LESSOR in writing of the amount of the payment being made by LESSEE and the allocation of such payment to the Security Deposit, Rent, Reserves, Default Interest and other charges. Notwithstanding the allocation set forth in LESSEE's report, in the event an Event of Default has occurred and LESSEE is continuing in default under this Lease, LESSOR will have complete discretion to allocate LESSEE's payments as LESSOR determines.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Hawaiian Airlines Inc/Hi)

Wire Transfer Disbursement Report. At the time of each Rent or other payment, LESSEE will advise LESSOR in writing of the amount of the payment being made by LESSEE and the allocation of such payment to the Security Deposit, Rent, Reserves, Default Interest and other charges. Notwithstanding the allocation set forth in LESSEE's ’s report, in the event an Event of Default has occurred and is continuing under this Lease, LESSOR will have complete discretion to allocate LESSEE's ’s payments as LESSOR determines.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Frontier Airlines Inc /Co/)

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