Common use of Event of Default and Default Notice Withdrawals and Transfers Clause in Contracts

Event of Default and Default Notice Withdrawals and Transfers. Notwithstanding anything to the contrary contained in Section 2.06(f) or 2.06(g) hereof, following the delivery of a Default Notice to the Cash Manager or AerCo pursuant to the Indenture or during the continuation of an Acceleration Default, after the withdrawals and transfers provided for in Section 2.06(f) hereof have been made, the Cash Manager shall distribute funds on deposit in the Collection Account and the Expense Account in the amounts and in the order of priority provided for in Section 3.08(b)

Event of Default and Default Notice Withdrawals and Transfers. Notwithstanding anything to the contrary contained in Section 2.06(f) or 2.06(g) hereof, following the delivery of a Default Notice to the Cash Manager or AerCo either Note Issuer pursuant to the Indenture or during the continuation of an Acceleration Defaulteither Indenture, after the withdrawals and transfers provided for in Section 2.06(f2.06(e) hereof have been made, the Cash Manager Security Trustee shall distribute funds on deposit in the Collection Account and the Expense Account in the amounts and in the order of priority provided for in Section 3.08(b)) of each Indenture, as calculated by the Cash Manager.‌