Original Loan Participant definition

Original Loan Participant. Owner Trustee" and "Indenture Trustee" shall have the further meanings attributed thereto in the Sale and Lease Agreement dated as of the date hereof (the "Lease") between the Owner Trustee and Lessee relating to the Aircraft referred to in the first recital herein, and, except as otherwise defined in this Agreement, terms used herein in capitalized form shall have the meanings attributed thereto in the Lease or the Trust Indenture. The term "Trust Supplement" has the meaning attributed to the term "Indenture and Trust Supplement" in the Lease and to the term "Trust Supplement" in the Trust Indenture. The terms "Indenture Estate," "Outstanding," "Permitted Investments," "Register" and "Trust Office" shall have the meanings set forth in the Trust Indenture, and the term "Trust Estate" shall have the meaning set forth in the Trust Agreement. Unless the context otherwise requires, any reference herein to any of the Operative Agreements refers to such document as it may be amended from time to time in accordance with its terms and the terms of each other agreement restricting the amendment thereof.
Original Loan Participant. SBC," "Owner Trustee" and "Indenture Trustee" shall have the further meanings attributed thereto in the Sale and Lease Agreement dated as of the date hereof (the "Lease") between the Owner Trustee and Lessee relating to the Aircraft referred to in the first recital herein, and, except as otherwise defined in this Agreement, terms used herein in capitalized form shall have the meanings attributed thereto in the Lease or, if not defined therein, in the Trust Indenture. The term "Trust Supplement" has the meaning attributed to the term "Indenture and Trust Supplement" in the Lease and to the term "Trust Supplement" in the Trust Indenture. Unless the context otherwise requires, any reference herein to any of the Operative Agreements refers to such document as it may be amended from time to time in accordance with its terms and the terms of each other agreement restricting the amendment thereof. All rules of construction referred to in Section 1 of the Lease shall apply to this Agreement likewise.
Original Loan Participant means Bank of America Illinois, and its successors and permitted assigns as holder of the Series SWA 1995 Trust N603SW-I Certificates.

Examples of Original Loan Participant in a sentence

  • In the case of the Original Loan Participant, the Owner Participant shall have made available the amount of its Commitment for the Aircraft in accordance with Section 1 hereof.

  • In the case of the Owner Participant, the Original Loan Participant shall have made available the amount of its Commitment for the Aircraft in accordance with Section 1 hereof.

  • In addition, Lessee shall promptly notify Lessor, Indenture Trustee, the Original Loan Participant and the Owner Participant after a Responsible Company Officer of Lessee shall acquire knowledge of a Lease Default or Lease Event of Default.

  • Section 7.3.3 of the Lease is hereby amended to delete all references therein to the Original Loan Participant.

  • So long as no Lease Event of Default or Lease Default shall have occurred and be continuing, Lessee shall have the right, at its option at any time during the Term, on at least 30 days' prior written notice to Lessor, Indenture Trustee, the Original Loan Participant and the Owner Participant, to terminate this Lease with respect to any Engine not then installed or held for use on the Airframe.


More Definitions of Original Loan Participant

Original Loan Participant means Texas Commerce Bank National Association, a national banking association, and its successors and permitted assigns as holder from time to time of the Series SWA 1995 Trust N605SW-I Certificates.
Original Loan Participant means Bank of America National Trust and Savings Association, and its successors and permitted assigns as holder of the Series SWA 1994 Trust N396SW-I Certificates.
Original Loan Participant means Boeing Nevada, Inc., a Delaware corporation.
Original Loan Participant means The Sumitomo Bank, Limited, Atlanta ------------------------- Agency.
Original Loan Participant means (i) with respect to the period from the Delivery Date to but excluding the 1996 Refinancing Date, The Mitsubishi Trust and Banking Corporation, New York Branch and Compagnie Financiere de CIC et de L'Union Europeenne and (ii) with respect to the period thereafter, The Mitsubishi Trust and Banking Corporation, acting through its New York Branch, and National Westminster Bank plc, acting through its New York or Nassau Branch, and if such bank or other Original Loan Participant sells, transfers, assigns or otherwise conveys its Certificates (or any portion thereof) in accordance with Section 8(y) of the Participation Agreement (other than pursuant to Section 20 of the Participation Agreement and other than as a participation interest) to any Person, shall also mean and include any such Person."
Original Loan Participant means The Mitsubishi Trust and Banking Corporation, New York Branch, and if such bank or other Original Loan Participant sells, transfers, assigns or otherwise conveys its Certificates (or any portion thereof) in accordance with Section 8(y) of the Participation Agreement (other than pursuant to Section 17 or 20 of the Participation Agreement and other than as a participation interest) to any Person, shall also mean and include any such Person.
Original Loan Participant means Royal Bank of Canada, acting through its New York Branch, and its successors and permitted assigns as holder of the Series SWA 1996 Trust N621SW-I Certificates.