Common use of Withdrawal of Deposits Clause in Contracts

Withdrawal of Deposits. If any Deposits remain outstanding on the Business Day next succeeding the Cut-off Date, (i) the Trustee shall give the Escrow Agent notice that the Trustee's obligation to purchase Equipment Notes under the Note Purchase Agreement has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the "Final Withdrawal Notice") and (ii) the Trustee will make a demand upon the Company for an amount equal to the Special Redemption Premium, such payment to be made on the Final Withdrawal Date.

Appears in 11 contracts

Samples: Execution Copy (Northwest Airlines Corp), Basic Agreement (Northwest Airlines Inc /Mn), Trust Supplement (Northwest Airlines Holdings Corp/Pred)

AutoNDA by SimpleDocs

Withdrawal of Deposits. If any Deposits remain outstanding on the Business Day next succeeding the Cut-off Off Date, (i) (A) the Trustee shall give the Escrow Agent notice that the Trustee's obligation to purchase Equipment Notes under the Note Purchase Agreement has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the "Final Withdrawal Notice") and (iiB) the Trustee will make a demand upon the Company under the Note Purchase Agreement for an amount equal to the Special Redemption Premium, if applicable, such payment to be made on the Final Withdrawal Date.

Appears in 10 contracts

Samples: Trust Agreement (America West Airlines Inc), Trust Agreement (America West Airlines Inc), Trust Agreement (America West Airlines Inc)

Withdrawal of Deposits. If any Deposits remain outstanding on the Business Day next succeeding the Cut-off Date, (i) the Trustee shall give the Escrow Agent notice that the Trustee's obligation to purchase Equipment Notes under the Note Purchase Agreement has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the "Final Withdrawal Notice") and (ii) the Trustee will make a demand upon the Company under the Note Purchase Agreement for an amount equal to the Special Redemption Premium, such payment to be made on the Final Withdrawal Date.

Appears in 9 contracts

Samples: Trust Agreement (Atlas Air Inc), Trust Agreement (Atlas Air Inc), Trust Agreement (Atlas Air Inc)

Withdrawal of Deposits. If any Deposits remain outstanding on the Business Day next succeeding the Cut-off Date, (i) the Trustee shall give the Escrow Agent notice that the Trustee's obligation to purchase Equipment Notes under the Note Purchase Agreement has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the "Final Withdrawal NoticeFINAL WITHDRAWAL NOTICE") and (ii) the Trustee will make a demand upon the Company for an amount equal to the Special Redemption Premium, such payment to be made on the Final Withdrawal Date.

Appears in 5 contracts

Samples: Northwest Airlines Inc /Mn, Northwest Airlines Corp, Northwest Airlines Corp

Withdrawal of Deposits. If any Deposits remain outstanding on the Business Day next succeeding the Cut-off Off Date, (i) the Trustee shall give the Escrow Agent notice that the Trustee's obligation to purchase Equipment Notes under the Note Purchase Agreement has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the "Final Withdrawal NoticeFINAL WITHDRAWAL NOTICE") and (ii) the Trustee will make a demand upon the Company under the Note Purchase Agreement for an amount equal to the Special Redemption Premium, such payment to be made on the Final Withdrawal Date.

Appears in 4 contracts

Samples: Execution (Amtran Inc), Execution (Amtran Inc), Execution (Amtran Inc)

Withdrawal of Deposits. If any Deposits remain outstanding on the Business Day next succeeding the Cut-off Date, (ii)(A) the Trustee shall give the Escrow Agent notice that the Trustee's obligation to purchase Equipment Notes under the Note Purchase Agreement has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the "Final Withdrawal Notice") and (iiB) the Trustee will make a demand upon the Company under the Note Purchase Agreement for an amount equal to the Special Redemption Premium, such payment to be made on the Final Withdrawal Date.

Appears in 4 contracts

Samples: Trust Agreement (Midway Airlines Corp), Trust Agreement (Midway Airlines Corp), Trust Agreement (Midway Airlines Corp)

Withdrawal of Deposits. If any Deposits remain outstanding on the Business Day next succeeding the Cut-off Off Date, (i) (A) the Trustee shall give the Escrow Agent notice that the Trustee's ’s obligation to purchase Equipment Notes under the Note Purchase Agreement has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the "Final Withdrawal Notice") and (iiB) the Trustee will make a demand upon the Company under the Note Purchase Agreement for an amount equal to the Special Redemption Premium, if applicable, such payment to be made on the Final Withdrawal Date.

Appears in 4 contracts

Samples: Through Trust Agreement (Jetblue Airways Corp), Assignment and Assumption Agreement (Jetblue Airways Corp), Assignment and Assumption Agreement (Jetblue Airways Corp)

Withdrawal of Deposits. If any Deposits remain outstanding on the Business Day next succeeding the Cut-off Off Date, (i) (A) the Trustee shall give the Escrow Agent notice that the Trustee's obligation to purchase Equipment Notes under the Note Purchase Agreement has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the "Final Withdrawal Notice") and (iiB) the Trustee will make a demand upon the Company under the Note Purchase Agreement for an amount equal to the Special Redemption Premium, such payment to be made on the Final Withdrawal Date.

Appears in 4 contracts

Samples: Trust Agreement (Continental Airlines Inc /De/), Trust Agreement (Continental Airlines Inc /De/), Through Trust Agreement (Continental Airlines Inc /De/)

Withdrawal of Deposits. If any Deposits remain outstanding on the Business Day next succeeding the Cut-off Date, (i) the Trustee shall give the Escrow Agent notice that the Trustee's obligation to purchase Equipment Notes under the Note Purchase Agreement has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the "Final Withdrawal NoticeFINAL WITHDRAWAL NOTICE") and (ii) the Trustee will make a demand upon the Company under the Note Purchase Agreement for an amount equal to the Special Redemption PremiumPremium (if any is payable), such payment to be made on the Final Withdrawal Date.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (Continental Airlines Inc /De/), Trust Supplement (Continental Airlines Inc /De/), Trust Supplement (Continental Airlines Inc /De/)

Withdrawal of Deposits. If any Deposits remain ---------------------- outstanding on the Business Day next succeeding the Cut-off Date, (i) the Trustee shall give the Escrow Agent notice that the Trustee's obligation to purchase Equipment Notes under the Note Purchase Agreement has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the "Final Withdrawal Notice") and (ii) the Trustee will make a demand upon the ----------------------- Company under the Note Purchase Agreement for an amount equal to the Special Redemption Premium, such payment to be made on the Final Withdrawal Date.

Appears in 3 contracts

Samples: Trust Agreement (Midway Airlines Corp), Through Trust Agreement (Midway Airlines Corp), Trust Agreement (Midway Airlines Corp)

AutoNDA by SimpleDocs

Withdrawal of Deposits. If any Deposits remain outstanding on the Business Day next succeeding the Cut-off Date, (i) (A) the Trustee shall give the Escrow Agent notice that the Trustee's obligation to purchase Equipment Notes under the Note Purchase Agreement has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the "Final Withdrawal NoticeFINAL WITHDRAWAL NOTICE") and (iiB) the Trustee will make a demand upon the Company under the Note Purchase Agreement for an amount equal to the Special Redemption Premium, such payment to be made on the Final Withdrawal Date.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (Continental Airlines Inc /De/), Assignment and Assumption Agreement (Continental Airlines Inc /De/), Assignment and Assumption Agreement (Continental Airlines Inc /De/)

Withdrawal of Deposits. If any Deposits remain outstanding on the Business Day next succeeding the Cut-off Date, Date (i) the Trustee shall give the Escrow Agent notice that the Trustee's obligation to purchase Equipment Notes under the Note Purchase Agreement has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the "Final Withdrawal Notice") and (ii) the Trustee will make a demand upon the Company for an amount equal to the Special Redemption Premium, such payment to be made on the Final Withdrawal Date.

Appears in 2 contracts

Samples: Northwest Airlines Inc /Mn, Northwest Airlines Inc /Mn

Withdrawal of Deposits. If any Deposits remain outstanding on the Business Day next succeeding the Cut-off Off Date, (i) the Trustee shall give the Escrow Agent notice that the Trustee's obligation to purchase Equipment Notes under the Note Purchase Agreement has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the "Final Withdrawal Notice") and (ii) the Trustee will make a demand upon the Company under the Note Purchase Agreement for an amount equal to the Special Redemption Premium, such payment to be made on the Final Withdrawal Date.

Appears in 2 contracts

Samples: Note Purchase Agreement (Amtran Inc), Note Purchase Agreement (Amtran Inc)

Withdrawal of Deposits. If any Deposits remain outstanding on the Business Day next succeeding the Cut-off Off Date, (i) the Trustee shall give the Escrow Agent notice that the Trustee's obligation to purchase Equipment Notes under the Note Purchase Agreement has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the "Final Withdrawal Notice") and (ii) the Trustee will make a demand upon the Company under the Note Purchase Agreement for an amount equal to the Special Redemption Premium, if applicable, such payment to be made on the Final Withdrawal Date.

Appears in 2 contracts

Samples: Trust Agreement (Amtran Inc), Trust Agreement (Amtran Inc)

Withdrawal of Deposits. If any Deposits remain outstanding on the Business Day next succeeding the Cut-off Date, (i) the Trustee shall give the Escrow Agent notice that the Trustee's obligation to purchase Equipment Notes under the Note Purchase Agreement has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the "Final Withdrawal NoticeAFINAL WITHDRAWAL NOTICE") and (ii) the Trustee will make a demand upon the Company for an amount equal to the Special Redemption Premium, such payment to be made on the Final Withdrawal Date.

Appears in 1 contract

Samples: Basic Agreement (Northwest Airlines Inc /Mn)

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