Make-Whole Spread definition

Make-Whole Spread means, with respect to any Series of Equipment Notes, the percentage specified for the applicable Series as such in Schedule I to the Indenture (as amended, in the case of any Additional Series, new Series A Equipment Notes or new Additional Series issued pursuant to Section 2.02 of the Indenture, at the time of issuance of such Series).

Make-Whole Spread means (i) in the case of Series AA Equipment Notes, 0.25%, (ii) in the case of Series A Equipment Notes, 0.30% and (iii) in the case of any Additional Series, the percentage specified in Schedule I hereto (as amended at the time of original issuance of such Additional Series) as the “Make-Whole Spread” for such Additional Series.

Make-Whole Spread means (i) in the case of Series A Equipment Notes, 0.50%, (ii) in the case of Series B Equipment Notes, 0.50% and (iii) in the case of Series C Equipment Notes, 0.50%.

Examples of Make-Whole Spread in a sentence

• Schedule I to the Original Indenture is hereby amended by deleting it in its entirety and replacing it with Schedule I to this First Indenture Amendment (it being agreed and understood that no amendments are being made to the maturity date, original principal amount, Debt Rate, Make-Whole Spread or amortization schedule of the Series AA Equipment Notes or the Series A Equipment Notes).

• Schedule I to the Original Indenture is hereby amended by deleting it in its entirety and replacing it with Schedule I to this First Indenture Amendment (it being agreed and understood that no amendments are being made to the maturity date, original principal amount, Debt Rate, Make-Whole Spread or amortization schedule of the Series A Equipment Notes).

• The parties to this Agreement hereby agree that the law of the State of New York shall govern their rights and duties in whole without regard to the conflict of law provisions thereof other than New York General Obligations Law Section 5-1401.

• Semi-annually on June 1 and December 1, commencing December 1, 2012 Maturity: June 1, 2022 Treasury Benchmark: 1.750% due May 15, 2022 US Treasury Yield: 1.568% Spread to Treasury: 170 basis points Re-offer Yield: 3.268% Initial Price to Public: 99.848% Underwriters Discount: 0.650% Proceeds, before expenses, to us: 99.198% Optional Redemption: Prior to March 1, 2022: Make-Whole Spread: 30 basis points.

• No.] Schedule I to Indenture and Security Agreement (Cont’d) DESCRIPTION OF EQUIPMENT NOTES35 Original Principal Amount36 Maturity Date Series A [•], 20[•]37 Equipment Notes: CERTAIN DEFINED TERMS Defined Term Definition Debt Rate for Series A Equipment Notes 4.95% per annum Make-Whole Spread for Series A Equipment Notes 0.50% 35 If any Series B Equipment Notes are being issued on the Closing Date, this Schedule I should be revised to include the relevant information for the Series B Equipment Notes.

More Definitions of Make-Whole Spread

Make-Whole Spread means 50 basis points.

Make-Whole Spread is deleted in its entirety and replaced with the following:

Make-Whole Spread means 30 basis points.

Make-Whole Spread means 20 basis points.

Make-Whole Spread means, with respect to (i) the 2023 Notes, 15 basis points, (ii) the 2029 Notes, 20 basis points and (iii) the 2048 Notes, 25 basis points.

Make-Whole Spread means, with respect to (i) the 2026 Notes, 10 basis points, (ii) the 2030 Notes, 15 basis points and (iii) the 2050 Notes, 15 basis points.

Make-Whole Spread means, with respect to, (i) the 2022 Notes, 10 basis points and (ii) the 2027 Notes, 15 basis points.