Common use of Controlling Party Clause in Contracts

Controlling Party. (a) Except as provided in Section 2.6(c) and 9.1(b) hereof, the Trustees, the Liquidity Providers and the Policy Provider hereby agree that, with respect to any Indenture at any given time, the Loan Trustee thereunder will be directed by the Controlling Party.

Appears in 4 contracts

Samples: Intercreditor Agreement (Amtran Inc), Intercreditor Agreement (America West Airlines Inc), Intercreditor Agreement (America West Airlines Inc)

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Controlling Party. (a) Except as provided in Section 2.6(c), 2.6(d) and 9.1(b) hereof, the Trustees, the Liquidity Providers and the Policy Provider hereby agree that, with respect to any Indenture at any given time, the Loan Trustee thereunder will be directed (including, without limitation, any direction to vote the Equipment Notes in any bankruptcy proceeding of JetBlue) by the Controlling PartyParty in accordance with the terms and conditions hereof.

Appears in 2 contracts

Samples: Intercreditor Agreement (Jetblue Airways Corp), Intercreditor Agreement (Jetblue Airways Corp)

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Controlling Party. (a) Except as provided in Section 2.6(c) The Trustees and 9.1(b) hereof, the Trustees, the Liquidity Providers and the Policy Provider hereby agree that, with respect to any Indenture at any given time, the Loan Trustee thereunder will be directed by the Controlling Party.(i) in taking, or refraining from taking, any action under such Indenture or with

Appears in 1 contract

Samples: Intercreditor Agreement (America West Airlines Inc)

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