Group IV Collateral definition
Examples of Group IV Collateral in a sentence
Create or permit to exist any Lien with respect to the Group IV Collateral or the Master Lease Collateral now or hereafter existing or acquired, except for Permitted Liens.
The RCFC Obligations with respect to this Supplement shall not be deemed to be fully satisfied for purposes of Section 12.15 of the Base Indenture, and this Supplement shall not terminate, until all of the Group IV Collateral has been liquidated and all of the applicable proceeds thereof have been allocated in accordance with Section 4.7(e) hereof.
In addition, for purposes of Section 4.2(a) of the Base Indenture, the Master Servicer in its capacity as such under the Master Lease shall cause all Collections allocable to Group IV Collateral in accordance with the Indenture and the Master Collateral Agency Agreement, as applicable, to be paid directly into the Group IV Collection Account or the Master Collateral Account, as applicable.
The Group IV Collateral shall secure the Group IV Notes equally and ratably without prejudice, priority (except, with respect to any Series of Group IV Notes, as otherwise stated in the applicable Series Supplement) or distinction.
The Issuer may from time to time issue additional Segregated Series of Notes that the related Series Supplements will indicate are entitled to share, together with the Series 2001-4 Note, the Group IV Collateral and any other collateral designated as security for the Group IV Series of Notes under this Supplement or any other related Series Supplement (the Series 2001-4 Note and any such additional Segregated Series, each, a "Group IV Series of Notes" and, collectively, the "Group IV Series of Notes").
Not later than the second business Day immediately preceding each Distribution Date, the Servicer shall furnish to the Trustee and each Series 2001-1 Noteholder a Monthly Servicer's Certificate and a Fleet Report with respect to the Group IV Collateral.
In this regard, for the purposes of the terms and conditions governing the Series 2006-1 Notes and the Group IV Collateral, Section 7.28 of the Base Indenture shall not apply.
The Issuer may from time to time issue additional Segregated Series of Notes that the related Series Supplements will indicate are entitled to share, together with the Series 2001-1 Note, the Group IV Collateral and any other collateral designated as security for the Group IV Series of Notes under this Supplement or any other related Series Supplement (the Series 2001-1 Note and any such additional Segregated Series, each, a "Group IV Series of Notes" and, collectively, the "Group IV Series of Notes").
For the avoidance of doubt, if it is determined that the Group IV Secured Parties have an interest in, to or under Group-Specific Collateral other than the Group IV Collateral, then the Group IV Secured Parties agree that their interest in, to or under such other Group-Specific Collateral shall be subordinate in all respects to the claims or rights of the Noteholders with respect to any Series of Notes entitled to the benefit of such other Group-Specific Collateral.
Only the original vacancy will be posted and any subsequent vacancy may be filled at the discretion of the Employer.