Common use of Payments Free of Deductions Clause in Contracts

Payments Free of Deductions. 14 Section 3.04. Payments............................................15 Section 3.05. Computations........................................15 Section 3.06. Payment on Non-Business Days........................15 Section 3.07. Interest............................................15 Section 3.08. Replacement of Borrower.............................17 Section 3.09. Funding Loss Indemnification........................17 Section 3.10. Illegality..........................................17

Appears in 2 contracts

Samples: Revolving Credit Agreement (Northwest Airlines Corp), Credit Agreement (Northwest Airlines Corp)

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Payments Free of Deductions. 14 Section 3.04. Payments............................................Payments ..............................................15 Section 3.05. Computations...................................................................................15 Section 3.06. Payment on Non-Business Days...................................................15 Section 3.07. Interest............................................Interest ..............................................15 Section 3.08. Replacement of Borrower.............................................................17 Section 3.09. Funding Loss Indemnification...................................................17 Section 3.10. Illegality.......................................................................................17

Appears in 1 contract

Samples: Revolving Credit Agreement (Northwest Airlines Corp)

Payments Free of Deductions. 14 Section 3.04. Payments............................................15 ............................................. 14 Section 3.05. Computations........................................15 ......................................... 14 Section 3.06. Payment on Non-Business Days........................15 Section 3.07. Interest............................................15 Section 3.08. Replacement of Borrower.............................17 Section 3.09. Funding Loss Indemnification........................17 Section 3.10. Illegality..........................................17......................... 14 TABLE OF CONTENTS (CONTINUED) PAGE ----

Appears in 1 contract

Samples: Revolving Credit Agreement (Continental Airlines Inc /De/)

Payments Free of Deductions. 14 17 Section 3.04. Payments............................................15 .................................................................... 18 Section 3.05. Computations........................................15 ................................................................ 18 Section 3.06. Payment on Non-Business Days........................15 ................................................ 19 Section 3.07. Interest............................................15 .................................................................... 19 Section 3.08. Replacement of Borrower.............................17 Section 3.09. Funding Loss Indemnification........................17 Section 3.10. Illegality..........................................17.

Appears in 1 contract

Samples: Revolving Credit Agreement (American Airlines Inc)

Payments Free of Deductions. 14 Section 3.04. Payments............................................................................................15 Section 3.05. Computations....................................................................................15 Section 3.06. Payment on Non-Business Days........................15 ............................16 Section 3.07. Interest............................................15 ................................................16 Section 3.08. Replacement of Borrower..............................................................17 Section 3.09. Funding Loss Indemnification....................................................17 Section 3.10. Illegality..........................................17..............................................17 ARTICLE IV CONDITIONS PRECEDENT.............................................18 Section 4.01. Conditions Precedent to Effectiveness of Section 2.01...18

Appears in 1 contract

Samples: Revolving Credit Agreement (Northwest Airlines Inc /Mn)

Payments Free of Deductions. 14 Section 3.04. Payments.............................................................................................15 Section 3.05. Computations.....................................................................................15 Section 3.06. Payment on Non-Business Days.....................................................15 Section 3.07. Interest............................................15 Interest ................................................16 Section 3.08. Replacement of Borrower...............................................................17 Section 3.09. Funding Loss Indemnification.....................................................17 Section 3.10. Illegality..........................................17...............................................17 Page ARTICLE IV CONDITIONS PRECEDENT..............................................18 Section 4.01. Conditions Precedent to Effectiveness of Section 2.01....18

Appears in 1 contract

Samples: Revolving Credit Agreement (Northwest Airlines Inc /Mn)

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Payments Free of Deductions. 14 12 Section 3.04. 3.04 Payments............................................15 ............................................... 13 Section 3.05. 3.05 Computations........................................15 ........................................... 13 Section 3.06. 3.06 Payment on Non-Business Days........................15 ........................... 13 Section 3.07. 3.07 Interest............................................15 ............................................... 13 Section 3.08. 3.08 Replacement of Borrower.............................17 ................................ 15 Section 3.09. 3.09 Funding Loss Indemnification........................17 ........................... 15 Section 3.10. 3.10 Illegality..........................................17............................................. 15 ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Federal Express Corp)

Payments Free of Deductions. 14 Section 3.04. Payments............................................Payments .............................................15 Section 3.05. Computations..................................................................................15 Section 3.06. Payment on Non-Business Days..................................................15 Section 3.07. Interest............................................Interest .............................................15 Section 3.08. Replacement of Borrower............................................................17 Section 3.09. Funding Loss Indemnification..................................................17 Section 3.10. Illegality......................................................................................17

Appears in 1 contract

Samples: Revolving Credit Agreement (Northwest Airlines Corp)

Payments Free of Deductions. 14 Section 3.04. Payments....................................................................................... 15 Section 3.05. Computations............................................................................... 15 Section 3.06. Payment on Non-Business Days............................................... 15 Section 3.07. Interest............................................15 ........................................... 16 Section 3.08. Replacement of Borrower......................................................... 17 Section 3.09. Funding Loss Indemnification............................................... 17 Section 3.10. Illegality................................................................................... 17

Appears in 1 contract

Samples: Revolving Credit Agreement (Northwest Airlines Inc /Mn)

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