Common use of Certain Costs Clause in Contracts

Certain Costs. Prior to the Plan Effective Date, neither the Loan Trustee nor any holder of Equipment Notes shall be responsible in any way for the payment of any costs incurred in connection with preserving or disposing of Collateral pursuant to Section 506(c) of the Bankruptcy Code, and the Collateral may not be charged for the incurrence of any such cost.

Appears in 5 contracts

Sources: Participation Agreement (American Airlines Inc), Participation Agreement (American Airlines Inc), Participation Agreement (Amr Corp)