Common use of Basic Lease Payments Clause in Contracts

Basic Lease Payments. (a) The principal portion of the Basic Lease Payments, the Lease Payment Dates with respect to the principal portion and the remaining principal portion with respect to the Series 2004-1 Facilities to be lease purchased are set forth in Exhibit C. The Schedule of Basic Lease Payments shall be no less than the principal payments with respect to the portion of the Series 2004 Certificates and Series 2012A Certificates relating to the Series 2004-1 Facilities and shall only be amended in the event of (i) a prepayment or a prepayment deposit of the principal portion of Basic Lease Payments represented by such portion of the Series 2004 Certificates pursuant to Section 7.2 or 7.3 of the Master Lease, and prepayment or defeasance of a portion of Series 2004 Certificates pursuant to Section 301 or 303 of the Series 2004 Supplemental Trust Agreement or Section 801 of the Master Trust Agreement or a change to the mandatory sinking fund prepayments in accordance with Section 302 of the Series 2004 Supplemental Trust Agreement in connection with a change in the method of calculation of the Series 2004D Interest or (ii) a prepayment or a prepayment deposit of the principal portion of Basic Lease Payments represented by such portion of the Series 2012A Certificates pursuant to Section 7.2 or 7.3 of the Master Lease, and prepayment or defeasance of a portion of Series 2012A Certificates pursuant to Section 301 or 303 of the Series 2012A Supplemental Trust Agreement or Section 801 of the Master Trust Agreement.

Basic Lease Payments. (a) The principal portion of the Basic Lease Payments, the Lease Payment Dates with respect to the principal portion of the Basic Lease Payments and the remaining principal portion with respect to the Series 20042006-1 2 Facilities to be lease purchased and the Series 2006A Certificates and Series 2006B Certificates attributable to such Series 2006-2 Facilities are set forth in Exhibit C. B. The Schedule of Basic Lease Payments shall be no less than the principal and interest payments with respect to the portion of the Series 2004 2006 Certificates and Series 2012A 2015A Certificates relating allocable to the Series 20042006-1 2 Facilities and shall only be amended in the event of (i) a prepayment or a prepayment deposit of the principal portion of Basic Lease Payments represented by such portion of the Series 2004 2006 Certificates pursuant to Section 7.2 or 7.3 of the Master Lease, and prepayment or defeasance of a portion of Series 2004 2006 Certificates pursuant to Section 301 or 303 of the Series 2004 2006 Supplemental Trust Agreement or Section 801 of the Master Trust Agreement or a change to the mandatory sinking fund prepayments in accordance with Section 302 of the Series 2004 2006 Supplemental Trust Agreement in connection with a change in the method of calculation of the Series 2004D 2006B Interest or (ii) a prepayment or a prepayment deposit of the principal portion of Basic Lease Payments represented by such portion of the Series 2012A 2015A Certificates pursuant to Section 7.2 or 7.3 of the Master Lease, and prepayment or defeasance of a portion of Series 2012A 2015A Certificates pursuant to Section 301 or 303 Article III of the Series 2012A 2015A Supplemental Trust Agreement or Section 801 of the Master Trust Agreement.

Basic Lease Payments. (a) The principal portion and the interest portion of the Basic Lease Payments, the Lease Payment Dates with respect to the principal portion (June 15 and December 15) and the remaining principal portion with respect to the Series 2004-1 2003A-1 Facilities to be lease purchased and the Series 2003A Certificates and Series 2022A Certificates attributable to such Facilities are set forth in Exhibit C. C attached hereto. The Composite Schedule of Basic Lease Payments shall be no less than the principal and interest payments with respect to the portion of the Series 2004 2003A Certificates and Series 2012A 2022A Certificates relating to the Series 2004-1 2003A-1 Facilities and shall only be amended in the event of (i) a prepayment or a prepayment deposit of the principal portion of Basic Lease Payments represented by such portion of the Series 2004 2003A Certificates pursuant to Section 7.2 or 7.3 of the Master Lease, and prepayment or defeasance of a portion of Series 2004 2003A Certificates pursuant to Section 301 or 303 of the Series 2004 2003A Supplemental Trust Agreement or Section 801 of the Master Trust Agreement or a change to the mandatory sinking fund prepayments in accordance with Section 302 of the Series 2004 Supplemental Trust Agreement in connection with a change in the method of calculation of the Series 2004D Interest or (ii) a prepayment or a prepayment deposit of the principal portion of Basic Lease Payments represented by such portion of the Series 2012A 2022A Certificates pursuant to Section 7.2 or 7.3 of the Master Lease, and prepayment or defeasance of a portion of Series 2012A 2022A Certificates pursuant to Section 301 or 303 of the Series 2012A 2022A Supplemental Trust Agreement or Section 801 of the Master Trust Agreement. The interest portion of the Basic Lease Payments represented by the Series 2003A Certificates and the Series 2022A Certificates, expressed as an annual interest rate, complies with the limitations on interest rates set forth in Section 215.84, Florida Statutes, since the Series 2003A Certificates and the Series 2022A Certificates are each rated within the three highest rating categories by a nationally recognized rating service.

Basic Lease Payments. (a) The principal portion of the Basic Lease Payments, the Lease Payment Dates with respect to the principal portion of the Basic Lease Payments and the remaining principal portion with respect to the Series 20042006-1 Facilities to be lease purchased and the Certificates allocable to the Series 2006-1 Facilities are set forth in Exhibit C. The Schedule of Basic Lease Payments shall be no less than the principal and interest payments with respect to the portion of the Series 2004 Certificates and Series 2012A Certificates relating to the Series 20042006-1 Facilities and shall only be amended in the event of (i) a prepayment or a prepayment deposit of the principal portion of Basic Lease Payments represented by such portion of the Series 2004 2006 Certificates pursuant to Section 7.2 or 7.3 of the Master Lease, and prepayment or defeasance of a portion of Series 2004 2006 Certificates pursuant to Section 301 or 303 of the Series 2004 2006 Supplemental Trust Agreement or Section 801 of the Master Trust Agreement or a change to the mandatory sinking fund prepayments in accordance with Section 302 of the Series 2004 2006 Supplemental Trust Agreement in connection with a change in the method of calculation of the Series 2004D 2006B Interest or (ii) a prepayment or a prepayment deposit of the principal portion of Basic Lease Payments represented by such portion of the Series 2012A 2015A Certificates pursuant to Section 7.2 or 7.3 of the Master Lease, and prepayment or defeasance of a portion of Series 2012A Certificates pursuant to Section 301 or 303 of the Series 2012A Supplemental Trust Agreement or Section 801 of the Master Trust Agreement.or