Common use of Closing Procedure Clause in Contracts

Closing Procedure. Following the Borrower's notice of the Delivery Date for any Aircraft as provided in Section 2 hereof, the parties will pre-position the executed Mortgage and/or Mortgage Supplement with FAA counsel in Oklahoma City, Oklahoma, together with the FAA Bill of Sale for such Aircraft and the application for registrat▇▇▇ of such Aircraft in the name of the Borrower. On such Delivery Date and in sufficient time to permit the closing to occur during business hours of the FAA in Oklahoma City, Oklahoma, each Lender will wire transfer its Commitment for such Aircraft to the Seller. On each Delivery Date, by conference telephone call among the Seller, the Borrower, the Lenders (and/or their counsel acting on their behalf), the Administrative Agent and FAA counsel, the Seller will authorize the filing of the FAA Bill of Sale for the Aircraft to be delivered on such Delivery D▇▇▇ and the Borrower will authorize the filing of the Mortgage and/or the Mortgage Supplement for such Aircraft upon receipt by the Seller of the Original Amount of the Loan for such Aircraft. The irrevocable authorization to FAA counsel to date the FAA Bill of Sale and the Mortgage Supplement for such Aircraft and f▇▇▇ the FAA Bill of Sale and the Mortgage and/or Mortgage Supplement for suc▇ ▇▇rcraft will occur prior to the transfer of the Original Amount of the Loan for such Aircraft to the Seller, but the filing will not occur until the Seller's receipt of the purchase price for such Aircraft. The Note(s) will be delivered to the Lenders, as applicable, and legal opinions delivered to all parties immediately following the filing of the FAA Bill of Sale and the Mortgage and/or Mortgage Supplement for suc▇ ▇▇rcraft at the FAA.

Closing Procedure. Following the Borrower's notice of the Delivery Date for any Aircraft as provided in Section 2 hereof, the parties will pre-position the executed Mortgage and/or and Mortgage Supplement with FAA counsel in Oklahoma City, Oklahoma, together with the FAA Bill of Sale for such the Aircraft and the application for registratregistration of the ▇▇▇ of such Aircraft ▇▇raft in the name of the Borrower. On such the Delivery Date and in sufficient time to permit the closing to occur during business hours of the FAA in Oklahoma City, Oklahoma, each Lender will wire transfer transfer, through the Administrative Agent, its Commitment for such Aircraft to the Seller. On each the Delivery Date, by conference telephone call among the Seller, the Borrower, the Lenders (and/or their counsel acting on their behalf), the Administrative Agent and FAA counsel, the Seller will authorize the filing of the FAA Bill of Sale for the Aircraft to be delivered on such Delivery D▇▇▇ and the Borrower will authorize the filing of the o▇ ▇▇e Mortgage and/or and the Mortgage Supplement for such Aircraft upon receipt by the Seller of the Original Amount of the Loan for such the Aircraft. The irrevocable authorization to FAA counsel to date the FAA Bill of Sale and the Mortgage Supplement for such Aircraft and f▇▇▇ file the FAA Bill of Sale and the ▇▇▇ Mortgage and/or and Mortgage Supplement for suc▇ ▇▇rcraft will occur prior to the ▇▇▇ transfer of the Original Amount of the Loan for such the Aircraft to the Seller, but the filing will not occur until the Seller's receipt of the purchase price for such the Aircraft. The Note(s) will be delivered to the Lenders, as applicable, and legal opinions will be delivered to all parties immediately following the filing of the FAA Bill of Sale and the Mortgage and/or and Mortgage Supplement for suc▇ ▇▇rcraft at the FAA.

Closing Procedure. Following the Borrower's notice of the Delivery Date for any Aircraft as provided in Section 2 hereof, the parties will pre-position the executed Mortgage and/or and Mortgage Supplement with FAA counsel in Oklahoma City, Oklahoma, together with the FAA Bill of Sale for such the Aircraft and the application for registrat▇▇▇ registration of such the Aircraft in the name of the ▇▇ ▇he Borrower. On such the Delivery Date and in sufficient time to permit the closing to occur during business hours of the FAA in Oklahoma City, Oklahoma, each Lender will wire transfer transfer, through the Administrative Agent, its Commitment for such Aircraft to the Seller. On each the Delivery Date, by conference telephone call among the Seller, the Borrower, the Lenders (and/or their counsel acting on their behalf), the Administrative Agent and FAA counsel, the Seller will authorize the filing of the FAA Bill of Sale for the Aircraft to be delivered on such Delivery D▇▇▇ and the Borrower will authorize the filing of the Mortgage and/or the Mortgage and th▇ ▇▇rtgage Supplement for such Aircraft upon receipt by the Seller of the Original Amount of the Loan for such the Aircraft. The irrevocable authorization to FAA counsel to date the FAA Bill of Sale and the Mortgage Supplement for such Aircraft and f▇▇▇ file the FAA Bill of Sale and the Mortgage and/or Mortgage Supplement for suc▇ and Mor▇▇rcraft ▇▇e Supplement will occur prior to the transfer of the Original O▇▇▇▇nal Amount of the Loan for such the Aircraft to the Seller, but the filing will not occur until the Seller's receipt of the purchase price for such the Aircraft. The Note(s) will be delivered to the Lenders, as applicable, and legal opinions will be delivered to all parties immediately following the filing of the FAA Bill of Sale and the Mortgage and/or and Mortgage Supplement for suc▇ ▇▇rcraft at the FAA.

Closing Procedure. Following (a) Concurrently with the Borrower's notice filings of the Delivery Date FAA ▇▇▇▇ of Sale, registration application, Mortgage and Mortgage Supplement for any the Designated Aircraft, the Borrower will obtain an authorization code from the FAA for the international interest of the Security Trustee with respect to the Airframe and each Engine associated with the Designated Aircraft as provided in Section 2 hereof, by filing with the FAA an FAA Entry Point Filing Form — AC Form 8050-135 and the parties will pre-position the executed Mortgage and/or Mortgage Supplement with FAA counsel in Oklahoma City, Oklahoma, together with the FAA Bill ▇▇▇▇ of Sale for such the Designated Aircraft and the application for registrat▇▇▇ registration of such the Designated Aircraft in the name of the Borrower. On such the Delivery Date of the Designated Aircraft and in sufficient time to permit the closing to occur during business hours of the FAA in Oklahoma City, Oklahoma, each Lender Loan Participant will wire transfer its Commitment prior to 9:00 a.m. New York time for such the Designated Aircraft to the SellerSecurity Trustee in accordance with Section 2(b)(ii) of this Agreement. On each the Delivery DateDate of the Designated Aircraft, by conference telephone call among the SellerAircraft Manufacturer, the BorrowerBorrower (and its counsel), the Lenders Loan Participants (and/or their counsel acting on their behalf), the Administrative Agent Security Trustee and FAA counsel, the Seller Aircraft Manufacturer will authorize the filing of the FAA Bill ▇▇▇▇ of Sale for the Designated Aircraft to be delivered on such the Delivery D▇▇▇ Date and the Borrower will (a) cause the registration application for the for the Designated Aircraft in the name of the Borrower to be filed with the FAA, (b) cause the ownership interest of the Airframe and each Engine associated with the Designated Aircraft to be duly registered with the International Registry as a contract of sale, (c) authorize the filing of the Mortgage and/or the Mortgage Supplement for such the Designated Aircraft upon receipt by the Seller Aircraft Manufacturer of the Original Amount purchase price for the Designated Aircraft and receipt by the Borrower (or its order) of the Loan for such the Designated Aircraft and (d) cause an international interest in the Airframe and each Engine associated with the Designated Aircraft listing the Security Trustee as creditor to be registered with the International Registry with respect to the Mortgage and the Mortgage Supplement for the Designated Aircraft. The irrevocable authorization to FAA counsel to date the FAA Bill of Sale and the Mortgage Supplement for such Aircraft and f▇▇▇▇ of Sale for the Designated Aircraft and file the FAA Bill ▇▇▇▇ of Sale and the Mortgage and/or Mortgage Supplement for suc▇ ▇▇rcraft the Designated Aircraft will occur prior to the transfer of the Original Amount Loan for the Designated Aircraft to or for account of the Loan for such Aircraft to the SellerBorrower, but the filing will not occur until the Seller's earlier of the Aircraft Manufacturer’s receipt of the purchase price for such Aircraftthe Designated Aircraft and of the Borrower’s (or its order) receipt of the funds at the designated account. The Note(sLoan Certificate(s) for the Designated Aircraft will be delivered to the Lenders, as applicable, applicable Loan Participants and legal opinions delivered to all parties immediately following the filing transfer of the related Loan as provided in Section 2(c). (b) The Borrower irrevocably authorizes FAA Bill of Sale and counsel to file with the FAA the Mortgage and/or Mortgage Supplement for suc▇ ▇▇rcraft at the FAADesignated Aircraft and register the appropriate international interests with the International Registry for the Designated Aircraft following the closing of the financing for the Designated Aircraft. FAA counsel may rely, without any further investigation, on any statement or certification by the Security Trustee that the closing of the financing for the Designated Aircraft has occurred.

Closing Procedure. Following the Borrower's notice of (a) Prior to the Delivery Date for any Aircraft as provided in Section 2 hereofof the Designated Aircraft, the Borrower will obtain an authorization code from the FAA for the international interest of the Loan Participant with respect to the Airframe and each Engine associated with the Designated Aircraft by filing with the FAA an FAA Entry Point Filing Form — AC Form 8050-135 and the Borrower shall have caused a prospective international interest in the Airframe and each Engine associated with the Designated Aircraft listing the Loan Participant as creditor to be registered with the International Registry with respect to the Mortgage and the Mortgage Supplement for the Designated Aircraft. The parties will pre-position the executed FAA ▇▇▇▇ of Sale, registration application, Mortgage and/or and Mortgage Supplement for the Designated Aircraft with FAA counsel in Oklahoma City, Oklahoma, together with . On the FAA Bill of Sale for such Aircraft and the application for registrat▇▇▇ of such Aircraft in the name Delivery Date of the Borrower. On such Delivery Date Designated Aircraft and in sufficient time to permit the closing to occur during business hours of the FAA in Oklahoma City, Oklahoma, each Lender the Loan Participant will wire transfer its Commitment prior to 9:00 a.m. New York time for such the Designated Aircraft to the SellerSeller in accordance with Section 2(b)(ii) of this Agreement. On each the Delivery DateDate of the Designated Aircraft, by conference telephone call among the Seller, the BorrowerBorrower (and its counsel), the Lenders Loan Participant (and/or their counsel acting on their behalf), the Administrative Agent ) and FAA counsel, the Seller will authorize the filing of the FAA Bill ▇▇▇▇ of Sale for the Designated Aircraft to be delivered on such the Delivery D▇▇▇ Date and the Borrower will (a) cause the registration application for the for the Designated Aircraft in the name of the Borrower to be filed with the FAA, (b) cause the ownership interest of the Airframe and each Engine associated with the Designated Aircraft to be duly registered with the International Registry as a contract of sale, and (c) authorize the filing of the Mortgage and/or the Mortgage Supplement for such the Designated Aircraft upon receipt by the Seller of the Original Amount purchase price for the Designated Aircraft and receipt by the Borrower (or its order) of the Loan for such the Designated Aircraft. The irrevocable authorization to FAA counsel to date the FAA Bill of Sale and the Mortgage Supplement for such Aircraft and f▇▇▇▇ of Sale for the Designated Aircraft and file the FAA Bill ▇▇▇▇ of Sale and the Mortgage and/or Mortgage Supplement for suc▇ ▇▇rcraft the Designated Aircraft will occur prior to the transfer of the Original Amount Loan for the Designated Aircraft to or for account of the Loan for such Aircraft to the SellerBorrower, but the filing will not occur until the earlier of the Seller's ’s receipt of the purchase price for such the Designated Aircraft. The Note(s) Loan Certificate for the Designated Aircraft will be delivered to the Lenders, as applicable, Loan Participant and legal opinions delivered to all parties immediately following the filing transfer of the Loan as provided in Section 2(c). (b) The Borrower irrevocably authorizes FAA Bill of Sale and counsel to file with the FAA the Mortgage and/or Mortgage Supplement for suc▇ ▇▇rcraft at the FAADesignated Aircraft and register the appropriate prospective international interests with the International Registry for the Designated Aircraft following the closing of the financing for the Designated Aircraft. FAA counsel may rely, without any further investigation, on any statement or certification by the Loan Participant that the closing of the financing for the Designated Aircraft has occurred.

Closing Procedure. Following (a) Concurrently with the Borrower's notice filings of the Delivery Date FAA ▇▇▇▇ of Sale, registration application, Mortgage and Mortgage Supplement for any the Designated Aircraft, the Borrower will obtain an authorization code from the FAA for the international interest of the Security Trustee with respect to the Airframe and each Engine associated with the Designated Aircraft as provided in Section 2 hereof, by filing with the FAA an FAA Entry Point Filing Form — AC Form 8050-135 and the parties will pre-position the executed Mortgage and/or Mortgage Supplement with FAA counsel in Oklahoma City, Oklahoma, together with the FAA Bill ▇▇▇▇ of Sale for such the Designated Aircraft and the application for registrat▇▇▇ registration of such the Designated Aircraft in the name of the Borrower. On such the Delivery Date of the Designated Aircraft and in sufficient time to permit the closing to occur during business hours of the FAA in Oklahoma City, Oklahoma, each Lender Loan Participant will wire transfer its Commitment prior to 9:00 a.m. New York time for such the Designated Aircraft to the SellerSecurity Trustee in accordance with Section 2(b)(ii) of this Agreement. On each the Delivery DateDate of the Designated Aircraft, by conference telephone call among the SellerAircraft Manufacturer, the BorrowerBorrower (and its counsel), the Lenders Loan Participants (and/or their counsel acting on their behalf), the Administrative Agent Security Trustee and FAA counsel, the Seller Aircraft Manufacturer will authorize the filing of the FAA Bill ▇▇▇▇ of Sale for the Designated Aircraft to be delivered on such the Delivery D▇▇▇ Date and the Borrower will (a) cause the registration application for the for the Designated Aircraft in the name of the Borrower to be filed with the FAA, (b) cause the ownership interest of the Airframe and each Engine associated with the Designated Aircraft to be duly registered with the International Registry as a contract of sale, (c) authorize the filing of the Mortgage and/or the Mortgage Supplement for such the Designated [**] — Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. Aircraft upon receipt by the Seller Aircraft Manufacturer of the Original Amount purchase price for the Designated Aircraft and receipt by the Borrower (or its order) of the Loan for such the Designated Aircraft and (d) cause an international interest in the Airframe and each Engine associated with the Designated Aircraft listing the Security Trustee as creditor to be registered with the International Registry with respect to the Mortgage and the Mortgage Supplement for the Designated Aircraft. The irrevocable authorization to FAA counsel to date the FAA Bill of Sale and the Mortgage Supplement for such Aircraft and f▇▇▇▇ of Sale for the Designated Aircraft and file the FAA Bill ▇▇▇▇ of Sale and the Mortgage and/or Mortgage Supplement for suc▇ ▇▇rcraft the Designated Aircraft will occur prior to the transfer of the Original Amount Loan for the Designated Aircraft to or for account of the Loan for such Aircraft to the SellerBorrower, but the filing will not occur until the Seller's earlier of the Aircraft Manufacturer’s receipt of the purchase price for such Aircraftthe Designated Aircraft and of the Borrower’s (or its order) receipt of the funds at the designated account. The Note(sLoan Certificate(s) for the Designated Aircraft will be delivered to the Lenders, as applicable, applicable Loan Participants and legal opinions delivered to all parties immediately following the filing transfer of the related Loan as provided in Section 2(c). (b) The Borrower irrevocably authorizes FAA Bill of Sale and counsel to file with the FAA the Mortgage and/or Mortgage Supplement for suc▇ ▇▇rcraft at the FAADesignated Aircraft and register the appropriate international interests with the International Registry for the Designated Aircraft following the closing of the financing for the Designated Aircraft. FAA counsel may rely, without any further investigation, on any statement or certification by the Security Trustee that the closing of the financing for the Designated Aircraft has occurred.

Closing Procedure. Following the Borrower's notice of (a) Prior to the Delivery Date for any Aircraft as provided in Section 2 hereofof the Designated Aircraft, the Borrower will obtain an authorization code from the FAA for the international interest of the Loan Participant with respect to the Airframe and each Engine associated with the Designated Aircraft by filing with the FAA an FAA Entry Point Filing Form — AC Form 8050-135 and the Borrower shall have caused a prospective international interest in the Airframe and each Engine associated with the Designated Aircraft listing the Loan Participant as creditor to be registered with the International Registry with respect to the Mortgage and the Mortgage Supplement for the Designated Aircraft. The parties will pre-position the executed FAA ▇▇▇▇ of Sale, registration application, Mortgage and/or and Mortgage Supplement for the Designated Aircraft with FAA counsel in Oklahoma City, Oklahoma, together with . On the FAA Bill of Sale for such Aircraft and the application for registrat▇▇▇ of such Aircraft in the name Delivery Date of the Borrower. On such Delivery Date Designated Aircraft and in sufficient time to permit the closing to occur during business hours of the FAA in Oklahoma City, Oklahoma, each Lender the Loan Participant will wire transfer its Commitment prior to 9:00 a.m. New York time for such the Designated Aircraft to the SellerSeller in accordance with Section 2(b)(ii) of this Agreement. On each the Delivery DateDate of the Designated Aircraft, by conference telephone call among the Seller, the BorrowerBorrower (and its counsel), the Lenders Loan Participant (and/or their counsel acting on their behalf), the Administrative Agent ) and FAA counsel, the Seller will authorize the filing of the FAA Bill ▇▇▇▇ of Sale for the Designated Aircraft to be delivered on such the Delivery D▇▇▇ Date and the Borrower will (a) cause the registration application for the for the Designated Aircraft in the name of the Borrower to be filed with the FAA, (b) cause the ownership interest of the Airframe and each Engine associated with the Designated Aircraft to be duly registered with the International Registry as a contract of sale, and (c) authorize the filing of the Mortgage and/or the Mortgage Supplement for such the Designated Aircraft upon receipt by the Seller of the Original Amount purchase price for the Designated Aircraft and receipt by the Borrower (or its order) of the Loan for such the Designated Aircraft. The irrevocable authorization to FAA counsel to date the FAA Bill of Sale and the Mortgage Supplement for such Aircraft and f▇▇▇▇ of Sale for the Designated Aircraft and file the FAA Bill ▇▇▇▇ of Sale and the Mortgage and/or Mortgage Supplement for suc▇ ▇▇rcraft the Designated Aircraft will occur prior to the transfer of the Original Amount Loan for the Designated Aircraft to or for account of the Loan for such Aircraft to the SellerBorrower, but the filing will not occur until the earlier of the Seller's ’s receipt of the purchase price for such the Designated Aircraft. The Note(s) Loan Certificate for the Designated Aircraft will be [**] — Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. delivered to the Lenders, as applicable, Loan Participant and legal opinions delivered to all parties immediately following the filing transfer of the Loan as provided in Section 2(c). (b) The Borrower irrevocably authorizes FAA Bill of Sale and counsel to file with the FAA the Mortgage and/or Mortgage Supplement for suc▇ ▇▇rcraft at the FAADesignated Aircraft and register the appropriate prospective international interests with the International Registry for the Designated Aircraft following the closing of the financing for the Designated Aircraft. FAA counsel may rely, without any further investigation, on any statement or certification by the Loan Participant that the closing of the financing for the Designated Aircraft has occurred.

Closing Procedure. (a) Following the Borrower's ’s notice of the Delivery Date for any Designated Aircraft as provided in Section 2 hereof, the Borrower will obtain an authorization code from the FAA for the international interest of the Security Trustee with respect to the Airframe and each Engine associated with such Designated Aircraft by filing with the FAA an FAA Entry Point Filing Form — AC Form 8050-135 and the parties will pre-position the executed related Mortgage and/or Mortgage Supplement with FAA counsel in Oklahoma City, Oklahoma, together with the FAA Bill ▇▇▇▇ of Sale for such Designated Aircraft and the application for registrat▇▇▇ registration of such Designated Aircraft in the name of the Borrower. On such the Delivery Date of any Designated Aircraft and in sufficient time to permit the closing to occur during business hours of the FAA in Oklahoma City, Oklahoma, each Lender Loan Participant will wire transfer its Commitment prior to 9:00 a.m. New York time for such Designated Aircraft to the SellerSecurity Trustee. On each the Delivery DateDate of any Designated Aircraft, by conference telephone call among the SellerAircraft Manufacturer, the Borrower, the Lenders Loan Participants (and/or their counsel acting on their behalf), the Administrative Agent Security Trustee and FAA counsel, the Seller Aircraft Manufacturer will authorize the filing of the FAA Bill ▇▇▇▇ of Sale for the such Designated Aircraft to be delivered on such Delivery D▇▇▇ Date and the Borrower will (a) cause the ownership interest of the Airframe and each Engine associated with such Designated Aircraft to be duly registered with the International Registry as a contract of sale, (b) authorize the filing of the Mortgage and/or the Mortgage Supplement for such Designated Aircraft upon receipt by the Seller Aircraft Manufacturer of the Original Amount purchase price for such Designated Aircraft and receipt by the Borrower (or its order) of the Loan for such Designated Aircraft and (c) cause an international interest in the Airframe and each Engine associated with such Designated Aircraft listing the Security Trustee as creditor to be registered with the International Registry with respect to the Mortgage and the Mortgage Supplement for such Designated Aircraft. The irrevocable authorization to FAA counsel to date the FAA Bill of Sale and the Mortgage Supplement for such Aircraft and f▇▇▇▇ of Sale for any Designated Aircraft and file the FAA Bill ▇▇▇▇ of Sale and the Mortgage and/or Mortgage Supplement for suc▇ ▇▇rcraft such Designated Aircraft will occur prior to the transfer of the Original Amount of the Loan for such Designated Aircraft to or for account of the SellerBorrower, but the filing will not occur until the Seller's earlier of the Aircraft Manufacturer’s receipt of the purchase price for such AircraftDesignated Aircraft and of the Borrower’s (or its order) receipt of the funds at the designated account. The Note(sLoan Certificate(s) for each Designated Aircraft will be delivered to the Lenders, as applicable, applicable Loan Participants and legal opinions delivered to all parties immediately following the filing transfer of the related Loan as provided in Section 2(c). (b) The Borrower irrevocably authorizes FAA Bill of Sale and counsel to file with the FAA the Mortgage and/or Mortgage Supplement for suc▇ ▇▇rcraft at each Designated Aircraft and register the FAAappropriate International Interests with the International Registry for such Designated Aircraft following the closing of the financing for such Designated Aircraft. FAA counsel may rely, without any further investigation, on any statement or certification by the Security Trustee that the closing of the financing for any Designated Aircraft has occurred.

Closing Procedure. Following the Borrower's notice of the Delivery Date for any Aircraft as provided in Section 2 hereof, the parties will pre-position the executed Mortgage and/or Mortgage Supplement with FAA counsel in Oklahoma City, Oklahoma, together with the FAA Bill ▇▇▇▇ of Sale for such Aircraft and the application for registrat▇▇▇ registration of such Aircraft in the name of the Borrower. On such Delivery Date and in sufficient time to permit the closing to occur during business hours of the FAA in Oklahoma City, Oklahoma, each the Lender will wire transfer its Commitment for such Aircraft to the Seller. On each Delivery Date, by conference telephone call among the Seller, the Borrower, the Lenders Lender (and/or their counsel acting on their behalf), the Collateral Agent, the Administrative Agent and FAA counsel, the Seller will authorize the filing of the FAA Bill ▇▇▇▇ of Sale for the Aircraft to be delivered on such Delivery D▇▇▇ Date and the Borrower will authorize the filing of the Mortgage and/or the Mortgage Supplement for such Aircraft upon receipt by the Seller of the Original Amount of the Loan for such Aircraft. The irrevocable authorization to FAA counsel to date the FAA Bill ▇▇▇▇ of Sale and the Mortgage Supplement for such Aircraft and ffile the FAA ▇▇▇▇ the FAA Bill of Sale and the Mortgage and/or Mortgage Supplement for suc▇ ▇▇rcraft such Aircraft will occur prior to the transfer of the Original Amount of the Loan for such Aircraft to the Seller, but the filing will not occur until the Seller's receipt of the purchase price for such Aircraft. The Note(s) will be delivered to the Lenders, as applicable, Lender and legal opinions delivered to all parties immediately following the filing of the FAA Bill ▇▇▇▇ of Sale and the Mortgage and/or Mortgage Supplement for suc▇ ▇▇rcraft such Aircraft at the FAA.