Common use of Voluntary Redemptions of Equipment Notes Clause in Contracts

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.

Appears in 12 contracts

Samples: Continental Airlines Inc /De/, Continental Airlines Inc /De/, Continental Airlines Inc /De/

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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 the 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) ), if such redemption is made prior to the Premium Termination Date, Make-Whole Amount, if any.

Appears in 12 contracts

Samples: Trust Indenture and Mortgage 646 (PLM Equipment Growth & Income Fund Vii), Trust Indenture and Mortgage 648 (PLM Equipment Growth Fund Vi), Trust Indenture and Mortgage (PLM Equipment Growth Fund Vi)

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 the 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.

Appears in 2 contracts

Samples: Trust Indenture and Mortgage (Continental Airlines Inc /De/), Trust Indenture and Mortgage (Continental Airlines Inc /De/)

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 the 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) ), if such redemption is made prior to the Premium Termination Date, Make-Whole Amount, if any.

Appears in 2 contracts

Samples: Lease Agreement (Continental Airlines Inc /De/), Continental Airlines Inc /De/

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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 the 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 plus, if such redemption is made prior to the Participation Agreement) Premium Termination Date, Make-Whole Amount, if any.

Appears in 1 contract

Samples: Continental Airlines Inc /De/

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' days revocable prior written notice to the Mortgagee and the Note Holders, and such the 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) ), if such redemption is made prior to the Premium Termination Date, Make-Whole Amount, if any.

Appears in 1 contract

Samples: Continental Airlines Inc /De/

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