Common use of Delivery of Documents; Delivery Dates Clause in Contracts

Delivery of Documents; Delivery Dates. (a) The Trustee is hereby directed (i) to execute and deliver the Intercreditor Agreement, the Escrow Agreement and the Note Purchase Agreement on or prior to the Issuance Date, each in the form delivered to the Trustee by the Company and (ii) subject to the respective terms thereof, to perform its obligations thereunder. Upon request of the Company and the satisfaction or waiver of the closing conditions specified in the Placement Agreement, the Trustee shall execute, deliver, authenticate, issue and sell Certificates in authorized denominations equaling in the aggregate the amount set forth, with respect to the Trust, in Schedule II to the Placement Agreement evidencing the entire ownership interest in the Trust, which amount equals the maximum aggregate principal amount of Equipment Notes which may be purchased by the Trustee pursuant to the Note Purchase Agreement. Except as provided in Sections 3.04 and 3.07 of this Agreement, the Trustee shall not execute, authenticate or deliver Certificates in excess of the aggregate amount specified in this paragraph. purchase the applicable Equipment Notes with the proceeds of the withdrawals of one or more Deposits made on the Applicable Delivery Date in accordance with the terms of the Deposit Agreement and the Escrow Agreement. The purchase price of such Equipment Notes shall equal the principal amount of such Equipment Notes. Amounts withdrawn from such Deposit or Deposits in excess of the purchase price of the Equipment Notes or to the extent not applied on the Applicable Delivery Date to the purchase price of the Equipment Notes, shall be re-deposited by the Trustee with the Depositary on the Applicable Delivery Date in accordance with the terms of the Deposit Agreement.

Appears in 3 contracts

Samples: Trust Agreement (Atlas Air Inc), Trust Agreement (Atlas Air Inc), Trust Agreement (Atlas Air Inc)

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Delivery of Documents; Delivery Dates. (a) The Trustee is hereby directed (i) to execute and deliver the Intercreditor Agreementdeliver, the Escrow Agreement and the Note Purchase Agreement on or prior to the Issuance Date, the Intercreditor Agreement, the Escrow Agreement, each Participation Agreement relating to an Aircraft that is not a Prefunded Aircraft, and the Note Purchase Agreement, each in the form delivered to the Trustee by the Company Company, and (ii) subject to the respective terms thereof, to perform its obligations thereunder. Upon request of On the Company and the satisfaction or waiver of the closing conditions specified in the Placement AgreementIssuance Date, the Trustee shall duly execute, deliver, authenticate, issue and sell Applicable Certificates in authorized denominations equaling in the aggregate the amount set forth, with respect to the Applicable Trust, in Schedule II I to the Placement Agreement evidencing Agreement, which Applicable Certificates shall evidence the entire ownership interest in the Trust, Applicable Trust and which amount equals the maximum aggregate principal amount of Equipment Notes which may purchased by the Trustee on the date hereof and to be purchased by the Trustee pursuant to the Note Purchase Agreement. Except as provided in Sections 3.04 3.03, 3.04, 3.05 and 3.07 3.06 of this Agreementthe Basic Agreement or upon exchange of the Initial Certificates for Exchange Certificates, the Trustee shall not execute, authenticate or deliver Applicable Certificates in excess of the aggregate amount specified in this paragraph. purchase The provisions of this Section 3.02(a) supersede and replace the applicable Equipment Notes with the proceeds first sentence of Section 3.02(a) of the withdrawals of one or more Deposits made on Basic Agreement, with respect to the Applicable Delivery Date in accordance with the terms of the Deposit Agreement and the Escrow Agreement. The purchase price of such Equipment Notes shall equal the principal amount of such Equipment Notes. Amounts withdrawn from such Deposit or Deposits in excess of the purchase price of the Equipment Notes or to the extent not applied on the Applicable Delivery Date to the purchase price of the Equipment Notes, shall be re-deposited by the Trustee with the Depositary on the Applicable Delivery Date in accordance with the terms of the Deposit AgreementTrust.

Appears in 3 contracts

Samples: American Airlines Inc, American Airlines Inc, American Airlines Inc

Delivery of Documents; Delivery Dates. (a) The Trustee is hereby directed (i) to execute and deliver on or prior to the Issuance Date the Refunding Amendment to the Intercreditor Agreement, the Escrow Agreement Agreement, the Class C Refunding Agreement, and the First Amendment dated as of the date hereof to the Note Purchase Agreement on or prior to the Issuance DateAgreement, each in the form delivered to the Trustee by the Company Company, and (ii) subject to the respective terms thereof, to perform its obligations thereunder. Upon request of On the Company and the satisfaction or waiver of the closing conditions specified in the Placement AgreementIssuance Date, the Trustee shall duly execute, deliver, authenticate, issue and sell Applicable Certificates in authorized denominations equaling in the aggregate the amount set forth, with respect to the Applicable Trust, in Schedule II I to the Placement Agreement evidencing Agreement, which Applicable Certificates shall evidence the entire ownership interest in the Trust, Applicable Trust and which amount equals the maximum aggregate principal amount of Equipment Notes which may purchased by the Trustee on the date hereof and to be purchased by the Trustee pursuant to the Note Purchase Agreement. Except as provided in Sections 3.04 3.03, 3.04, 3.05 and 3.07 3.06 of this Agreementthe Basic Agreement or upon exchange of the Initial Certificates for Exchange Certificates, the Trustee shall not execute, authenticate or deliver Applicable Certificates in excess of the aggregate amount specified in this paragraph. purchase The provisions of this Section 3.02(a) supersede and replace the applicable Equipment Notes with the proceeds first sentence of Section 3.02(a) of the withdrawals of one or more Deposits made on Basic Agreement, with respect to the Applicable Delivery Date in accordance with the terms of the Deposit Agreement and the Escrow Agreement. The purchase price of such Equipment Notes shall equal the principal amount of such Equipment Notes. Amounts withdrawn from such Deposit or Deposits in excess of the purchase price of the Equipment Notes or to the extent not applied on the Applicable Delivery Date to the purchase price of the Equipment Notes, shall be re-deposited by the Trustee with the Depositary on the Applicable Delivery Date in accordance with the terms of the Deposit AgreementTrust.

Appears in 1 contract

Samples: American Airlines Inc

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Delivery of Documents; Delivery Dates. (a) The Trustee is hereby directed (i) to execute and deliver the Intercreditor Agreement, the Escrow Agreement and the Note Purchase Agreement on or prior to the Issuance DateDate the Second Refunding Amendment, the Escrow Agreement, the Class D Refunding Agreement, and the Second Amendment dated as of the date hereof to the Note Purchase Agreement, each in the form delivered to the Trustee by the Company Company, and (ii) subject to the respective terms thereof, to perform its obligations thereunder. Upon request of On the Company and the satisfaction or waiver of the closing conditions specified in the Placement AgreementIssuance Date, the Trustee shall duly execute, deliver, authenticate, issue and sell Applicable Certificates in authorized denominations equaling in the aggregate the amount set forth, with respect to the Applicable Trust, in Schedule II I to the Placement Agreement evidencing Agreement, which Applicable Certificates shall evidence the entire ownership interest in the Trust, Applicable Trust and which amount equals the maximum aggregate principal amount of Equipment Notes which may purchased by the Trustee on the date hereof and to be purchased by the Trustee pursuant to the Note Purchase Agreement. Except as provided in Sections 3.04 3.03, 3.04, 3.05 and 3.07 3.06 of this Agreementthe Basic Agreement or upon exchange of the Initial Certificates for Exchange Certificates, the Trustee shall not execute, authenticate or deliver Applicable Certificates in excess of the aggregate amount specified in this paragraph. purchase The provisions of this Section 3.02(a) supersede and replace the applicable Equipment Notes with the proceeds first sentence of Section 3.02(a) of the withdrawals of one or more Deposits made on Basic Agreement, with respect to the Applicable Delivery Date in accordance with the terms of the Deposit Agreement and the Escrow Agreement. The purchase price of such Equipment Notes shall equal the principal amount of such Equipment Notes. Amounts withdrawn from such Deposit or Deposits in excess of the purchase price of the Equipment Notes or to the extent not applied on the Applicable Delivery Date to the purchase price of the Equipment Notes, shall be re-deposited by the Trustee with the Depositary on the Applicable Delivery Date in accordance with the terms of the Deposit AgreementTrust.

Appears in 1 contract

Samples: American Airlines Inc

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