Voluntary Redemptions of Equipment Notes Sample Clauses

Voluntary Redemptions of Equipment Notes. All (but not less than all) of the Equipment Notes may be redeemed by the Owner Trustee in connection with a transaction described in, and subject to the terms and conditions of, Section 11 of the Participation Agreement upon at least 30 days' revocable prior written notice to the Mortgagee and the Note Holders, and such Equipment Notes shall, as provided in Section 11 of the Participation Agreement, be redeemed in whole at a redemption price equal to 100% of the unpaid Original Amount thereof, together with accrued interest thereon to the date of redemption and all other Secured Obligations owed or then due and payable to the Note Holders plus (except as provided in Section 11 of the Participation Agreement) Make-Whole Amount, if any.
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Voluntary Redemptions of Equipment Notes. (a) All (but not less than all) of the Equipment Notes may be redeemed by the Owner upon at least 30 days’ revocable prior written notice to the Mortgagee and the Note Holders, and such Equipment Notes shall be redeemed in whole at a redemption price equal to 100% of the unpaid Original Amount thereof, together with accrued interest thereon to the date of redemption and all other Secured Obligations (other than Related Secured Obligations) owed or then due and payable to the Note Holders plus Make-Whole Amount, if any, provided that no redemption shall be permitted under this Section 2.11(a) unless simultaneously with such redemption all Related Series AA Equipment Notes and Related Series A Equipment Notes shall also be redeemed.
Voluntary Redemptions of Equipment Notes. All (but not less than all) of the Equipment Notes may be redeemed by the Owner upon at least 30 days' revocable prior written notice to the Mortgagee and the Note Holders, and such Equipment Notes shall be redeemed in whole at a redemption price equal to 100% of the unpaid Original Amount thereof, together with accrued interest thereon to the date of redemption and all other Secured Obligations owed or then due and payable to the Note Holders plus Make-Whole Amount, if any.
Voluntary Redemptions of Equipment Notes. All, but not less than, all of the Equipment Notes may be redeemed by the Owner Trustee with the prior consent of Lessee upon at least 20 days revocable prior written notice to the Indenture Trustee, at a redemption price equal to 100% of the unpaid Principal Amount thereof, together with accrued interest thereon to the date of redemption and all other amounts payable hereunder or under the Participation Agreement to the Note Holders plus the Make-Whole Amount, if any.
Voluntary Redemptions of Equipment Notes. Borrower may redeem all or any part of the unpaid Original Amount of the Equipment Notes upon at least five (5) Business Days’ prior written notice to Security Agent and the Lenders. The Equipment Notes shall be redeemed in whole or in part without penalty or premium except as provided hereafter in this Section 2.10; provided, except in the case of a redemption of Equipment Notes with respect to which (1) Indemnified Withholding Taxes are then payable by Borrower pursuant to Section 9.3 of the Loan Agreement, (2) Increased Costs are then payable by Borrower and Borrower becomes entitled to prepay such Equipment Notes pursuant to Section 4.4 of the Loan Agreement or (3) it becomes unlawful for a Lender to maintain the indebtedness evidenced by such Equipment Note and Borrower becomes entitled to prepay such Equipment Note pursuant to Section 4.7 of the Loan Agreement (each an “Optional Redemption Triggering Event”), in which event the affected Equipment Notes shall be redeemed in whole but not in part, Borrower may not redeem an aggregate unpaid Original Amount of less than One Million Dollars ($1,000,000) or, if less, the then outstanding Original Amount thereof; and provided, further, that notwithstanding anything to the contrary in this Mortgage, the proceeds of any partial redemption shall be distributed by Security Agent to the Lenders ratably, except in the case of a redemption of Equipment Notes with respect to which an Optional Redemption Triggering Event shall occurred, in which case the proceeds of such redemption shall be distributed to the Lender or Lenders of the Equipment Notes to which such Optional Redemption Triggering Event relates. Borrower shall not be entitled to reborrow any amounts redeemed. Notwithstanding the foregoing to the contrary (except in the case of a redemption of Equipment Notes with respect to which an Optional Redemption Triggering Event shall have occurred) Borrower may not redeem all or any part of any Equipment Note prior to the third (3rd) anniversary of the Closing Date. Borrower shall pay, in addition to the redemption price, any Breakage Amount and all other Secured Obligations owing or then due and payable by Borrower to the Lenders in respect thereto.
Voluntary Redemptions of Equipment Notes. (a) Section 2.11(a) is amended by amending and restating the proviso therein in its entirety as follows: “provided that no redemption shall be permitted under this Section 2.11(a) unless simultaneously with such redemption all Related Series AA Equipment Notes, Related Series A Equipment Notes, and Related Series B Equipment Notes shall also be redeemed”.
Voluntary Redemptions of Equipment Notes. All (but not less than all) of the Equipment Notes (other than the Series A-2 and Series C-2 Equipment Notes) may be redeemed by the Owner Trustee in connection with a transaction described in, and subject to the terms and conditions of, Section 11 of the Participation Agreement upon at least 30 days' revocable prior written notice to the Mortgagee and the Note Holders, and such Equipment Notes shall, as provided in Section 11 of the Participation Agreement, be redeemed in whole at a redemption price equal to 100% of the unpaid Original Amount thereof, together with accrued interest thereon to the date of redemption and all other Secured Obligations owed or then due and payable to the Note Holders plus (except as provided in Section 11 of the Participation Agreement) Make-Whole Amount, if any.
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Voluntary Redemptions of Equipment Notes. (a) [At any time all (but not less than all) of the Equipment Notes may be redeemed by the Owner upon at least 30 days’ revocable prior written notice to the Mortgagee, and such Equipment Notes shall be redeemed in whole at a redemption price equal to [103]% of the unpaid Original Amount thereof, together with all accrued and unpaid interest thereon to the date of redemption and all other Secured Obligations owed or then due and payable to the Note Holders and the Liquidity Provider, but without Make-Whole Amount, provided that the Owner shall have delivered to the Mortgagee an executed officer’s certificate stating that the Aircraft to which the Equipment Notes relate is to be sold or grounded.]4 [Intentionally Omitted.]
Voluntary Redemptions of Equipment Notes. Each of the Series ---------------------------------------- A-1, Series A-2, Series A-3, Series B, Series C and Series D Equipment Notes may be redeemed by the Owner on any date, upon notice as specified in Section 6.02, and in such event, each [Trust Indenture and Mortgage (2001-1 747-1)]
Voluntary Redemptions of Equipment Notes. All (but not less than all) of the Equipment Notes may be redeemed at the option of the Owner Trustee in connection with a transaction described in, and subject to the terms and conditions of, Section 11 of the Participation Agreement, upon at least 30 days' revocable written notice to the Loan Trustee and the Note Holders. The Equipment Notes shall be redeemed in whole at a redemption price equal to the 100% of the unpaid Original Amount thereof, together with accrued interest thereon to the date of redemption and all other amounts payable hereunder or under the Participation Agreement and a Make-Whole Amount, if any.
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