WILMINGTON TRUST COMPANY in its capacity as Subordination Agent on behalf of the Trustee under the Class G-1Trust Agreement Rodney Square North Wilmington, Delaware 19890-0001 Attention: Corporate Trust Administration Ladies and Gentlemen:Jetblue Airways Corp • March 31st, 2004 • Air transportation, scheduled
Company FiledMarch 31st, 2004 IndustryIn consideration of that certain ISDA Master Agreement dated as of March 24, 2004, between Morgan Stanley Capital Services Inc., a Delaware corporation (hereinafter “MSCS”) and Wilmington Trust Company, a Delaware banking corporation, in its capacity as Subordination Agent on behalf of the Trustee under the Pass Through Trust Agreement dated as of the date hereof between Wilmington Trust Company and JetBlue Airways Corporation with respect to the JetBlue Airways Pass Through Trust, Series 2004—1G—1—O (hereinafter “Counterparty”)(such ISDA Master Agreement, together with each Confirmation exchanged between the parties pursuant thereto, hereinafter the “Agreement”), Morgan Stanley, a Delaware corporation (hereinafter “MS”), hereby irrevocably and unconditionally guarantees to Counterparty, with effect from the date of the Agreement, the due and punctual payment of all amounts payable by MSCS under the Agreement when the same shall become due and payable, whether on Scheduled Payment Date
WILMINGTON TRUST COMPANY in its capacity as Subordination Agent on behalf of the Trustee under the Class C Trust Agreement Rodney Square North Wilmington, Delaware 19890-0001 Attention: Corporate Trust Administration Ladies and Gentlemen:Jetblue Airways Corp • March 31st, 2004 • Air transportation, scheduled
Company FiledMarch 31st, 2004 IndustryIn consideration of that certain ISDA Master Agreement dated as of March 24, 2004, between Morgan Stanley Capital Services Inc., a Delaware corporation (hereinafter “MSCS”) and Wilmington Trust Company, a Delaware banking corporation, in its capacity as Subordination Agent on behalf of the Trustee under the Pass Through Trust Agreement dated as of the date hereof between Wilmington Trust Company and JetBlue Airways Corporation with respect to the JetBlue Airways Pass Through Trust, Series 2004—1C—O (hereinafter “Counterparty”)(such ISDA Master Agreement, together with each Confirmation exchanged between the parties pursuant thereto, hereinafter the “Agreement”), Morgan Stanley, a Delaware corporation (hereinafter “MS”), hereby irrevocably and unconditionally guarantees to Counterparty, with effect from the date of the Agreement, the due and punctual payment of all amounts payable by MSCS under the Agreement when the same shall become due and payable, whether on Scheduled Payment Dates,