Common use of Payments to the Owner Clause in Contracts

Payments to the Owner. Any amounts to be distributed hereunder by the Mortgagee to the Owner shall be paid to the Owner (within the time limits contemplated by Section 2.03) by wire transfer of funds of the type received by the Mortgagee at such office and to such account or accounts of such entity or entities as shall be designated by notice from the Owner to the Mortgagee from time to time.

Appears in 4 contracts

Samples: Trust Indenture and Mortgage (United Air Lines Inc), Trust Indenture and Mortgage (Ual Corp /De/), Trust Indenture and Mortgage (United Air Lines Inc)

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Payments to the Owner. Any amounts to be distributed hereunder by the Mortgagee to the Owner shall be paid to the Owner (within the time limits contemplated by Section 2.03) by wire transfer of funds of the type received by the Mortgagee at such office and to such account or accounts of such entity or entities as shall be designated by notice from the Owner to the Mortgagee from time to time.

Appears in 1 contract

Samples: Trust Indenture and Mortgage (Jetblue Airways Corp)

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Payments to the Owner. Any amounts to be distributed hereunder by the Mortgagee to the Owner shall be paid to the Owner (within the time limits contemplated by Section 2.03) by wire transfer of funds of the type received by the Mortgagee at such office and to such account or accounts of such entity or entities as shall be designated by notice from the Owner to the Mortgagee Loan Trustee from time to time.

Appears in 1 contract

Samples: Trust Indenture and Mortgage (Jetblue Airways Corp)

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