Common use of Junior Loans Clause in Contracts

Junior Loans. The aggregate principal amount of the Junior Loan Certificates shall amortize quarterly on each Interest Payment Date (the first of which being the first Interest Payment Date following the Delivery Date) as provided in Schedule 3(a)(ii) hereto.

Appears in 1 contract

Sources: Facility Agreement (Virgin America Inc.)

Junior Loans. The aggregate principal amount of the Junior Loan Certificates of each Series shall amortize quarterly on each Interest Payment Date (the first of which being the first Interest Payment Date following the Delivery DateDate of the related Designated Aircraft) as provided in Schedule 3(a)(ii) hereto.

Appears in 1 contract

Sources: Facility Agreement (Virgin America Inc.)