Common use of Other Accounts Clause in Contracts

Other Accounts. On the date of withdrawal of any Deposit (other than the date of the Final Withdrawal), the Escrow Agent, or the Pass Through Trustee on behalf of the Escrow Agent, shall re-deposit with the Depositary any portion thereof not used to acquire Equipment Notes and the Depositary shall accept the same for deposit hereunder. Any sums so received for deposit shall be established as a new Deposit and credited to a new Account, all as more fully provided in Section 2.1 hereof, and thereafter the provisions of this Agreement shall apply thereto as fully and with the same force and effect as if such Deposit had been established on the Deposit Date except that (i) such Deposit may not be withdrawn prior to the date seven days after the establishment thereof and (ii) such Deposit shall mature on October 31, 2000 (provided that if a Labor Strike occurs, such date shall be extended by the Additional Days) and bear interest as provided in Section 2.2. The Depositary shall promptly give notice to the Escrow Agent of receipt of each such re-deposit and the account number assigned thereto.

Appears in 5 contracts

Samples: Deposit Agreement (Continental Airlines Inc /De/), Deposit Agreement (Continental Airlines Inc /De/), Deposit Agreement (Continental Airlines Inc /De/)

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Other Accounts. On the date of withdrawal of any Deposit (other than the date of the Final Withdrawal)Deposit, the Escrow Agent, or the Pass Through Trustee on behalf of the Escrow Agent, shall be entitled to re-deposit with the Depositary any portion thereof not used to acquire Equipment Notes and the Depositary shall accept the same for deposit hereunder. Any sums so received for deposit shall be established as a new Deposit and credited to a new Account, all as more fully provided in Section 2.1 hereof, and thereafter the provisions of this Agreement shall apply thereto as fully and with the same force and effect as if such Deposit had been established on the Deposit Date except that (i) such Deposit may not be withdrawn prior to the date seven days after the establishment thereof and (ii) such Deposit shall mature on October January 31, 2000 (provided that if a Labor Strike occurs, such date shall be extended by the Additional Days) and bear interest as provided in Section 2.2. The Depositary shall promptly give notice to the Escrow Agent of receipt of each such re-deposit and the account number assigned thereto.

Appears in 4 contracts

Samples: Deposit Agreement (Continental Airlines Inc /De/), Deposit Agreement (Continental Airlines Inc /De/), Deposit Agreement (Continental Airlines Inc /De/)

Other Accounts. On the date of withdrawal of any Deposit (other than the date pursuant to a Notice of the Final Purchase Withdrawal), the Escrow Agent, or the Pass Through Trustee on behalf of the Escrow Agent, shall be entitled to re-deposit with the Depositary any portion thereof not used to acquire Equipment Notes and the Depositary shall accept the same for deposit hereunder. Any sums so received for deposit shall be established as a new Deposit and credited to a new Account, all as more fully provided in Section 2.1 hereof, and thereafter the provisions of this Agreement shall apply thereto as fully and with the same force and effect as if such Deposit had been established on the Deposit Date except that (i) such Deposit may not be withdrawn prior to the date seven days after the establishment thereof and (ii) such Deposit shall mature on October 31, 2000 (provided that if a Labor Strike occurs, such date shall be extended as designated by Northwest pursuant to the Additional Days) Indemnity Agreement and bear interest as provided in Section 2.22.2 hereof. The Depositary shall promptly give notice to the Escrow Agent of receipt of each such re-deposit and the account number assigned thereto.

Appears in 4 contracts

Samples: Deposit Agreement (Northwest Airlines Corp), Deposit Agreement (Northwest Airlines Corp), Deposit Agreement (Northwest Airlines Corp)

Other Accounts. On the date of withdrawal of any Deposit (other than the date of the Final Withdrawal or Replacement Withdrawal), the Escrow Agent, or the Pass Through Trustee on behalf of the Escrow Agent, shall re-deposit with the Depositary any portion thereof not used to acquire Equipment Notes and the Depositary shall accept the same for deposit hereunder. Any sums so received for deposit shall be established as a new Deposit and credited to a new Account, all as more fully provided in Section 2.1 hereof, and thereafter the provisions of this Agreement shall apply thereto as fully and with the same force and effect as if such Deposit had been established on the Deposit Date except that (i) such Deposit may not be withdrawn prior to the date seven days after the establishment thereof and (ii) such Deposit shall mature on October 31, 2000 2009 (provided that if a Labor Strike occursoccurs or continues, such date shall be extended by the Additional Days) and bear interest as provided in Section 2.2. The Depositary shall promptly give notice to the Escrow Agent of receipt of each such re-deposit and the account number assigned thereto.

Appears in 3 contracts

Samples: Deposit Agreement (Continental Airlines Inc /De/), Deposit Agreement (Continental Airlines Inc /De/), Deposit Agreement (Continental Airlines Inc /De/)

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Other Accounts. On the date of withdrawal of any Deposit (other than the date of the Final Withdrawal or Replacement Withdrawal), the Escrow Agent, or the Pass Through Trustee on behalf of the Escrow Agent, shall re-deposit with the Depositary any portion thereof not used to acquire Equipment Notes and the Depositary shall accept the same for deposit hereunder. Any sums so received for deposit shall be established as a new Deposit and credited to a new Account, all as more fully provided in Section 2.1 hereof, and thereafter the provisions of this Agreement shall apply thereto as fully and with the same force and effect as if such Deposit had been established on the Deposit Date except that (i) such Deposit may not be withdrawn prior to the date seven days after the establishment thereof and (ii) such Deposit shall mature on October July 31, 2000 2013 (provided that if a Labor Strike occursoccurs or continues, such date shall be extended by the Additional Days) and bear interest as provided in Section 2.2. The Depositary shall promptly give notice to the Escrow Agent of receipt of each such re-deposit and the account number assigned thereto.

Appears in 2 contracts

Samples: Deposit Agreement (Continental Airlines Inc /De/), Deposit Agreement (Continental Airlines Inc /De/)

Other Accounts. On the date of withdrawal of any Deposit (other than the date pursuant to a Notice of the Final Purchase Withdrawal), the Escrow Agent, or the Pass Through Trustee on behalf of the Escrow Agent, shall be entitled to re-deposit with the Depositary any portion thereof not used to acquire Equipment Notes and the Depositary shall accept the same for deposit hereunder. Any sums so received for deposit shall be established as a new Deposit and credited to a new Account, all as more fully provided in Section 2.1 hereof, and thereafter the provisions of this Agreement shall apply thereto as fully and with the same force and effect as if such Deposit had been established on the Deposit Date except [Deposit Agreement (Class G)] that (i) such Deposit may not be withdrawn prior to the date seven days after the establishment thereof and (ii) such Deposit shall mature on October 31, 2000 (provided that if a Labor Strike occurs, such date shall be extended as designated by Northwest pursuant to the Additional Days) Indemnity Agreement and bear interest as provided in Section 2.22.2 hereof. The Depositary shall promptly give notice to the Escrow Agent of receipt of each such re-deposit and the account number assigned thereto.

Appears in 1 contract

Samples: Deposit Agreement (Northwest Airlines Inc /Mn)

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