Common use of Owner Participant Clause in Contracts

Owner Participant. The Person to whom on the Delivery Date the Initial Owner Participant shall transfer its Beneficial Interest pursuant to Section 3.02 of the Original Participation Agreement and any successors thereto, and any Person to which the Owner Participant transfers, in accordance with the Participation Agreement, its right, title and interest in and to the Operative Agreements and the Lessor's Estate. Owner Participant Guarantor. Bank of America National Trust and Savings Association, a national banking association with respect to Pyrgos, Inc., and any other provider of an Owner Participant Guaranty.

Appears in 4 contracts

Samples: Trust Agreement (Federal Express Corp), Participant Transfer Agreement (Federal Express Corp), Lease Agreement (Federal Express Corp)

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