Common use of The Indenture and Security Agreement Supplement No Clause in Contracts

The Indenture and Security Agreement Supplement No. 1 (Federal Express Corporation Trust No. N581FE) to be dated the Delivery Date, substantially in the form of Exhibit A to the Indenture. Indenture Default. Any event or condition which, with the lapse of time or the giving of notice, or both, would constitute an Indenture Event of Default.