Common use of Termination of Interest in Trust Indenture Estate Clause in Contracts

Termination of Interest in Trust Indenture Estate. A Holder shall not, as such, have any further interest in, or other right with respect to, the Trust Indenture Estate when and if the principal amount of and Make-Whole Premium, if any, and interest on and other amounts due under all Certificates held by such Holder and all other sums payable to such Holder hereunder and under the other Operative Agreements shall have been paid in full.

Appears in 11 contracts

Samples: Indenture and Security Agreement (Federal Express Corp), Indenture and Security Agreement (Federal Express Corp), Indenture and Security Agreement (Federal Express Corp)

AutoNDA by SimpleDocs

Termination of Interest in Trust Indenture Estate. A Certificate Holder shall not, as such, have any further interest in, or other right with respect to, the Trust Indenture Estate when and if the principal amount of and Principal Amount of, Make-Whole PremiumAmount, if any, and interest on and other amounts due under all Secured Certificates held by such Certificate Holder and all other sums then payable to such Certificate Holder hereunder and under the other Operative Agreements Documents by the Owner Trustee (collectively, the "Secured Obligations") shall have been paid in full.

Appears in 11 contracts

Samples: Trust Indenture and Security Agreement (Northwest Airlines Corp), Trust Agreement (Northwest Airlines Corp), Trust Indenture and Security Agreement (Northwest Airlines Corp)

Termination of Interest in Trust Indenture Estate. A Holder Certificate Holder, shall not, as such, have any further interest in, or other right with respect to, the Trust Indenture Estate when and if the principal amount of and Principal Amount of, Make-Whole PremiumAmount, if any, and interest on and other amounts due under all Secured Certificates held by such Certificate Holder and all other sums then payable to such Certificate Holder hereunder and under the other Operative Agreements Documents by the Owner Trustee (collectively, the "Secured Obligations") shall have been paid in full.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Northwest Airlines Inc /Mn)

AutoNDA by SimpleDocs

Termination of Interest in Trust Indenture Estate. A Certificate Holder shall not, as such, have any further interest in, or other right with respect to, the Trust Indenture Estate when and if the principal amount of and Principal Amount of, Make-Whole PremiumAmount, if any, and interest on and other amounts due under all Secured Certificates held by such Certificate Holder and all other sums then payable to such Certificate Holder hereunder and under the other Operative Agreements Documents by the Owner Trustee (collectively, the "SECURED OBLIGATIONS") shall have been paid in full.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Northwest Airlines Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.