Common use of Exercise of Remedies Clause in Contracts

Exercise of Remedies. Upon the occurrence and during the continuation of any Indenture Default under any Indenture, the Trustee may, to the extent it is the Controlling Party at such time (as determined pursuant to the Intercreditor Agreement), direct the exercise of remedies as provided in the Intercreditor Agreement.

Appears in 22 contracts

Samples: Trust Agreement (Ata Holdings Corp), Trust Agreement (Ata Holdings Corp), Trust Agreement (Continental Airlines Inc /De/)

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Exercise of Remedies. Upon the occurrence and during the continuation of any Indenture Default under any Indenture, the Trustee may, to the extent it is the Controlling Party at such time (as determined pursuant to the Intercreditor Agreement)time, direct the exercise of remedies as provided in the Intercreditor Agreementremedies.

Appears in 9 contracts

Samples: Trust Agreement (Northwest Airlines Corp), Trust Agreement (Northwest Airlines Corp), Pass Through Trust Agreement (Northwest Airlines Holdings Corp/Pred)

Exercise of Remedies. Upon the occurrence and during the continuation of any Indenture Default under any Indenture, the Trustee may, to the extent it is the Controlling Party at such time (as determined pursuant to the Intercreditor Agreement)time, direct the exercise of remedies as provided in the any Intercreditor Agreement.

Appears in 3 contracts

Samples: Trust Agreement (America West Airlines Inc), Trust Agreement (America West Airlines Inc), Through Trust Agreement (America West Airlines Inc)

Exercise of Remedies. Upon the ----------------- -------------------- occurrence and during the continuation of any Indenture Default under any Indenture, the Trustee may, to the extent it is the Controlling Party at such time (as determined pursuant to the Intercreditor Agreement)time, direct the exercise of remedies as provided in the Intercreditor Agreement.

Appears in 2 contracts

Samples: Trust Agreement (Midway Airlines Corp), Trust Agreement (Midway Airlines Corp)

Exercise of Remedies. Upon In respect of the Trusts of any class, upon the occurrence and during the continuation of any Indenture Default under any related Indenture, the Trustee may, to the extent it is the Controlling Party at such time (as determined pursuant to the Intercreditor Agreement), direct the exercise of remedies as provided in the Intercreditor Agreement.

Appears in 2 contracts

Samples: Through Trust Agreement (United Air Lines Inc), Trust Agreement (United Air Lines Inc)

Exercise of Remedies. Upon the occurrence and during the continuation of any Indenture Default under any Indenture, the Trustee may, to the extent it is the Controlling Party at such time (as determined pursuant to the Intercreditor Agreement), direct the exercise of remedies as provided in the Intercreditor Agreement.. 42 36

Appears in 2 contracts

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

Exercise of Remedies. Upon In respect ----------------- -------------------- of the Trusts of any class, upon the occurrence and during the continuation of any Indenture Default under any related Indenture, the Trustee may, to the extent it is the Controlling Party at such time (as determined pursuant to the Intercreditor Agreement), direct the exercise of remedies as provided in the Intercreditor Agreement.

Appears in 1 contract

Samples: Through Trust Agreement (United Air Lines Inc)

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Exercise of Remedies. Upon ----------------- -------------------- the occurrence and during the continuation of any Indenture Default under any Indenture, the Trustee may, to the extent it is the Controlling Party at such time (as determined pursuant to the Intercreditor Agreement)time, direct the exercise of remedies as provided in the Intercreditor Agreement.

Appears in 1 contract

Samples: Through Trust Agreement (Midway Airlines Corp)

Exercise of Remedies. Upon In respect of ----------------- -------------------- the Trusts of any class, upon the occurrence and during the continuation of any Indenture Default under any related Indenture, the Trustee may, to the extent it is the Controlling Party at such time (as determined pursuant to the Intercreditor Agreement), direct the exercise of remedies as provided in the Intercreditor Agreement.

Appears in 1 contract

Samples: Through Trust Agreement (United Air Lines Inc)

Exercise of Remedies. Upon the occurrence and during the continuation of any Indenture Default under any Indenture, the Trustee may, to the 51 -44- extent it is the Controlling Party at such time (as determined pursuant to the Intercreditor Agreement), direct the exercise of remedies as provided in the Intercreditor Agreement.

Appears in 1 contract

Samples: Trust Agreement (Continental Airlines Inc /De/)

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