Reoptimization. The Owner Trustee shall have the right, on the Reoptimization Date, to modify the schedule of principal payments of the Certificates subject to the terms and conditions set forth in Section 1(c)(ii) of the Participation Agreement. To give effect to the foregoing the Indenture Trustee shall execute an amendment to this Trust Indenture which shall set forth the new schedule of principal payments and Schedule I to each Secured Certificate shall be amended accordingly. The Indenture Trustee shall deliver such amendments to the Subordination Agent on behalf of the Pass Through Trustee for each of the Pass Through Trusts. To the extent that such amendment of this Trust Indenture occurs later than the Delivery Date, this Trust Indenture, as amended, shall, if required, be duly filed for recordation with the FAA.
Appears in 5 contracts
Samples: Trust Indenture and Security Agreement (Northwest Airlines Corp), Trust Agreement (Northwest Airlines Corp), Trust Indenture and Security Agreement (Northwest Airlines Corp)
