Common use of Junior Notes Clause in Contracts

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

Appears in 1 contract

Sources: Facility Agreement (Virgin America Inc.)

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

Appears in 1 contract

Sources: Note Purchase Agreement (Virgin America Inc.)