Common use of Anticipated Payments Clause in Contracts

Anticipated Payments. For purposes of the calculation of the required expenses by the Cash Manager pursuant to the Cash Management Agreement, not less than one Business Day prior to each Calculation Date, the Servicer shall deliver to the Cash Manager a written projection of payment obligations (including projected expenditures, or return to Lessees, of Security Deposits or Maintenance Reserves in accordance with the terms of any Lease) reasonably anticipated by the Servicer to be necessary to be paid in connection with the Servicer's performance of the Services under this Agreement during the period extending from the Payment Date immediately following such Calculation Date through to the next succeeding Payment Date (the "MONTHLY PAYMENT PERIOD"). Not less than five Business Days prior to the first Business Day of each week, the Servicer shall deliver to the Cash Manager a list specifying each cash payment projected to be made during such week (whether or not such cash payment was reflected in the projection referred to in this Section 6.03(a)), and shall state (i) the anticipated date of such payment, (ii) the payee, (iii) the amount of such payment, (iv) the obligation in respect of which such payment is to be made (the "STATED SERVICES OBLIGATION") and (v) the account from which such payment should be made. Not later than two Business Days prior to the date of each payment set forth on such list, the Cash Manager shall deliver to the Servicer a written notice of such proposed payment, restating the date, payee and amount relating to such payment. Not later than the Business Day prior to the date of such proposed payment, the Cash Manager shall notify the Servicer in writing whether the proposed payment is approved or disapproved. If such payment is approved, the Cash Manager shall pay or cause such payment to be made to the payee for the Stated Services Obligation from the funds then available in the relevant account, as the case may be. If such payment is not approved, the Cash Manager shall advise the Servicer in writing as to reasons therefor and the Cash Manager shall not proceed with such transfer.

Anticipated Payments. For purposes of the calculation of the required expenses Borrower Expenses amounts by the Cash Manager pursuant to Section 2.03 of the Cash Management Agreement, not less than one two Business Day prior to Days after each Calculation Date, the Servicer shall deliver to the Cash Manager a written projection of payment obligations (including projected expendituresexpenditures (including maintenance contribution payments, airworthiness directive payments and redelivery condition payments), or return to Lessees, Lessees of Security Deposits or Maintenance Reserves security deposits in accordance with the terms of any Lease) reasonably anticipated by the Servicer to be necessary to be paid in connection with the Servicer's ’s performance of the Services under this the Servicing Agreement during the period extending from the Payment Date immediately following such Calculation Date through to the next succeeding Payment Date (the "MONTHLY PAYMENT PERIOD"“Monthly Payment Period”). Not less later than five two Business Days prior to the first Business Day date of each weekcash payment, the Servicer shall deliver to the Cash Manager a list specifying each cash written notice of such payment projected to be made during such week (whether or not such cash payment was reflected in the projection referred to in this Section 6.03(a7.3(a)), and shall state (i) the anticipated date of such payment, (ii) the payee, (iii) the amount of such payment, payment and (iv) the obligation in respect of which such payment is to be made (the "STATED SERVICES OBLIGATION") “Stated Services Obligation”), with an appropriate notation if, and (v) the account from which to what extent, if any, such payment should be mademade from the Security Deposit Account or the Supplemental Rent Account. Not later than two Business Days prior to the date of each payment set forth on such list, the Cash Manager shall deliver to the Servicer a written notice of such proposed payment, restating the date, payee and amount relating to such payment. Not No later than the Business Day prior to the such anticipated date of such proposed payment, GAL shall instruct the Cash Manager shall to notify the Servicer in writing whether the proposed payment is approved will be made on such anticipated date or disapprovedon another stated date. If such payment is approved, GAL shall instruct the Cash Manager shall to pay or cause such payment to be made on such date to the payee for the Stated Services Obligation from the funds then available in the relevant accountCollections Account and/or the Security Deposit Account and/or the Supplemental Rent Account or otherwise, as the case may be. If such payment is not approved, the Cash Manager shall advise the Servicer in writing as to reasons therefor and the Cash Manager shall not proceed with such transfer.

Anticipated Payments. For purposes of the calculation of the required expenses by the Cash Manager Calculation Agent pursuant to the Cash Management Calculation Agency Agreement, not less than one Business Day prior to each Calculation Date, the Servicer shall deliver to the Cash Manager Calculation Agent a written projection of payment obligations (including projected expenditures, or return to Lessees, of Security Deposits security deposits or Maintenance Reserves maintenance reserves in accordance with the terms of any Lease) reasonably anticipated by the Servicer to be necessary to be paid in connection with the Servicer's performance of the Services under this Agreement during the period extending from the Payment Date immediately following such Calculation Date through to but not including the next succeeding Payment Date (the "MONTHLY PAYMENT PERIOD"). Not less than five Business Days prior to the first Business Day of each week, the Servicer shall deliver to the Cash Manager Calculation Agent a list specifying each cash payment projected to be made during such week (whether or not such cash payment was reflected in the projection referred to in this Section 6.03(a6.02(a) of this Schedule 2.02(a)), and shall state the (i) the anticipated date of such payment, (ii) the payee, (iii) the amount of such payment, (iv) the obligation in respect of which such payment is to be made (the "STATED SERVICES OBLIGATION") and (v) the account from which such payment should be made. Not later than two Business Days prior to the date of each payment set forth on such list, the Cash Manager Servicer shall deliver to the Servicer Calculation Agent a written notice of such proposed payment, restating the date, payee and amount relating to such payment. Not No later than the Business Day prior to the date of such proposed payment, the Cash Manager Calculation Agent shall notify the Servicer in writing whether the proposed payment is approved or disapproved. If such payment is approved, the Cash Manager Servicer shall pay or cause such payment to be made to the payee for the Stated Services Obligation from the funds then available in the relevant account, as the case may be. If such payment is not approved, the Cash Manager Calculation Agent shall advise the Servicer in writing as to reasons therefor and the Cash Manager Servicer shall not proceed with such transfer.

Anticipated Payments. For purposes of the calculation of the required expenses Required Expense Amount by the Cash Manager pursuant to Section 2.03 of the Cash Management Agreement, not less than one Business Day prior to each Calculation Date, the Servicer shall deliver to the Cash Manager and the Manager a written projection of payment obligations (including projected expendituresexpenditures (including maintenance contribution payments, airworthiness directive payments SCHED 2.02(a)-12 SCHEDULE 2.02(a) TO SERVICING AGREEMENT and redelivery condition payments), or return to Lessees, Lessees of Security Deposits or Maintenance Reserves security deposits in accordance with the terms of any Lease) reasonably anticipated by the Servicer to be necessary to be paid in connection with the Servicer's ’s performance of the Services under this the Servicing Agreement during the period extending from the Payment Date immediately following such Calculation Date through to the next succeeding Payment Date (the "MONTHLY PAYMENT PERIOD"“Monthly Payment Period”). Not less later than five two Business Days prior to the first Business Day date of each weekcash payment, the Servicer shall deliver to the Cash Manager and the Manager a list specifying each cash written notice of such payment projected to be made during such week (whether or not such cash payment was reflected in the projection referred to in this Section 6.03(a7.3(a)), and shall state (i) the anticipated date of such payment, (ii) the payee, (iii) the amount of such payment, payment and (iv) the obligation in respect of which such payment is to be made (the "STATED SERVICES OBLIGATION") “Stated Services Obligation”), with an appropriate notation if, and (v) the account from which to what extent, such payment should be mademade from the Lessee Funded Account. Not later than two Business Days prior to the date of each payment set forth on such list, the Cash Manager shall deliver to the Servicer a written notice of such proposed payment, restating the date, payee and amount relating to such payment. Not No later than the Business Day prior to the such anticipated date of such proposed payment, GFL shall instruct the Cash Manager shall to notify the Servicer in writing whether the proposed payment is approved will be made on such anticipated date or disapprovedon another stated date. If such payment is approved, GFL shall instruct the Cash Manager shall to pay or cause such payment to be made on such date to the payee for the Stated Services Obligation from the funds then available in the relevant accountExpense Account and/or the Lessee Funded Account, as the case may be. If such payment is not approved, the Cash Manager shall advise the Servicer in writing as to reasons therefor and the Cash Manager shall not proceed with such transfer.

Anticipated Payments. For purposes of the calculation of the required expenses by the Cash Manager pursuant to the Cash Management Agreement, not less than one Business Day prior to each Calculation Date, the Servicer shall deliver to the Cash Manager a written projection of payment obligations (including projected expenditures, or return to Lessees, of Security Deposits or Maintenance Reserves in accordance with the terms of any Lease) reasonably anticipated by the Servicer to be necessary to be paid in connection with the Servicer's performance of the Services under this Agreement during the period extending from the Payment Date immediately following such Calculation Date through to the next succeeding Payment Date 14 85 (the "MONTHLY PAYMENT PERIOD"). Not less than five Business Days prior to the first Business Day of each week, the Servicer shall deliver to the Cash Manager a list specifying each cash payment projected to be made during such week (whether or not such cash payment was reflected in the projection referred to in this Section 6.03(a)), and shall state (i) the anticipated date of such payment, (ii) the payee, (iii) the amount of such payment, (iv) the obligation in respect of which such payment is to be made (the "STATED SERVICES OBLIGATION") and (v) the account from which such payment should be made. Not later than two Business Days prior to the date of each payment set forth on such list, the Cash Manager shall deliver to the Servicer a written notice of such proposed payment, restating the date, payee and amount relating to such payment. Not later than the Business Day prior to the date of such proposed payment, the Cash Manager shall notify the Servicer in writing whether the proposed payment is approved or disapproved. If such payment is approved, the Cash Manager shall pay or cause such payment to be made to the payee for the Stated Services Obligation from the funds then available in the relevant account, as the case may be. If such payment is not approved, the Cash Manager shall advise the Servicer in writing as to reasons therefor and the Cash Manager shall not proceed with such transfer.