THIRD AMENDMENT TO 1998 EETC RESTRUCTURING AND FORBEARANCE TERM SHEET AGREEMENTRestructuring and Forbearance Term Sheet Agreement • February 6th, 2004 • Atlas Air Inc • Air transportation, nonscheduled • New York
This Third Amendment to 1998 EETC Restructuring and Forbearance Term Sheet Agreement (this “Third Amendment”) reflects amendments to the 1998 EETC Restructuring and Forbearance Term Sheet Agreement dated September 12, 2003, as amended by First Amendment to 1998 EETC Restructuring and Forbearance Term Sheet Agreement dated as of November 4, 2003 and as further amended by Second Amendment to 1998 EETC Restructuring and Forbearance Term Sheet Agreement dated as of December 15, 2003 (as amended, the “Term Sheet”), regarding the primary terms for the restructuring of the 1998 EETC transaction (the “1998 EETC Transaction”) involving ATLAS AIR, INC. (“Atlas” or the “Company”) and the holders of the A Certificates referred to in the Term Sheet (each an “A Holder” and collectively, the “A Holders”) pursuant to a pre-negotiated case under Chapter 11 of Title 11 of the United States Code, 11 U.S.C. § 101 et seq. (as amended from time to time, the “Bankruptcy Code”).
BACKGROUND ----------Restructuring and Forbearance Term Sheet Agreement • September 15th, 2003 • Atlas Air Inc • Air transportation, nonscheduled
