Common use of Perfected Security Interest Clause in Contracts

Perfected Security Interest. On the Delivery Date, after giving effect to the filing of the documents referenced in Section 3.01(l)(ii) and the financing statements referenced in Sections 3.01(m) and (n), the Indenture Trustee shall have received a duly perfected first priority security interest in all of Owner Trustee's right, title and interest in the Aircraft and the Lease, subject only to Permitted Liens.

Appears in 2 contracts

Samples: Note Purchase Agreement (Midway Airlines Corp), Participation Agreement (Midway Airlines Corp)

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Perfected Security Interest. On the Delivery Date, after --------------------------- giving effect to the filing of the documents referenced in Section 3.01(l)(ii3.01(k)(ii) and the financing statements referenced in Sections 3.01(m) and (nSection 3.01(l), the Indenture Trustee shall have received a duly perfected first priority security interest in all of Owner TrusteeCompany's right, title and interest in the Aircraft and the LeaseAircraft, subject only to Permitted Liens.

Appears in 1 contract

Samples: Note Purchase Agreement (Midway Airlines Corp)

Perfected Security Interest. On the Delivery Date, after giving effect to the filing of the documents referenced in Section 3.01(l)(ii3.01(k)(ii) and the financing statements referenced in Sections 3.01(m) and (nSection 3.01(l), the Indenture Trustee shall have received a duly perfected first priority security interest in all of Owner TrusteeCompany's right, title and interest in the Aircraft and the LeaseAircraft, subject only to Permitted Liens.

Appears in 1 contract

Samples: Note Purchase Agreement (Midway Airlines Corp)

Perfected Security Interest. On the Delivery Date, --------------------------- Section 3.01(l)(ii) and the financing statements referenced in after giving effect to the filing of the documents referenced in Section 3.01(l)(ii) and the financing statements referenced in Sections 3.01(m) and (n), the Indenture Trustee shall have received a duly perfected first priority security interest in all of Owner Trustee's right, title and interest in the Indenture Estate, the Aircraft and the Lease, subject only to Permitted Liens.

Appears in 1 contract

Samples: Participation Agreement (Midway Airlines Corp)

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Perfected Security Interest. On the Delivery Date, after giving --------------------------- effect to the filing of the documents referenced in Section 3.01(l)(ii) and the financing statements referenced in Sections 3.01(m) and (n), the Indenture Trustee shall have received a duly perfected first priority security interest in all of Owner Trustee's right, title and interest in the Indenture Estate, the Aircraft and the Lease, Lease subject only to Permitted LiensLiens not of record.

Appears in 1 contract

Samples: Participation Agreement (Midway Airlines Corp)

Perfected Security Interest. On the Delivery Date, --------------------------- after giving effect to the filing of the documents referenced in Section 3.01(l)(ii) and the financing statements referenced in Sections 3.01(m) and (n), the Indenture Trustee shall have received a duly perfected first priority security interest in all of Owner Trustee's right, title and interest in the Aircraft and the Lease, subject only to Permitted Liens.

Appears in 1 contract

Samples: Note Purchase Agreement (Midway Airlines Corp)

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