Examples of Class G-2 Trust in a sentence
The following provisions of paragraphs (a) through (h) of this Section 3.7 shall apply to (i) the Class G-1 Trust and the Class G-1 Certificates and (ii) the Class G-2 Trust and the Class G-2 Certificates, as if such provisions are separately set forth in full for each of the Class G-1 Trust (and the Class G-1 Certificates) and the Class G-2 Trust (and the Class G-2 Certificates).
The following provisions of paragraphs (a) through (i) of this Section 3.07 shall apply to (i) the Class G-1 Trust and the Class G-1 Certificates and (ii) the Class G-2 Trust and the Class G-2 Certificates, as if such provisions are separately set forth in full for each of the Class G-1 Trust (and the Class G-1 Certificates) and the Class G-2 Trust (and the Class G-2 Certificates).
The Subordination Agent is the trustee for the Class G-2 Trust under the Class G-2 Trust Agreement.
A gas, which when packaged under pressure for transportation is partially liquid at temperatures above −50 °C (−58 °F), is considered to be a liquefied compressed gas.
The Trustee shall not be authorized or empowered to do anything that would cause the Class G-2 Trust to fail to qualify as a grantor trust for such tax purposes (including as subject to this restriction, acquiring any Aircraft by bidding the Equipment Notes relating thereto or otherwise, or taking any action with respect to any such Aircraft once acquired).
Each Class G-2 Certificate represents a Fractional Undivided Interest in the Class G-2 Trust created hereby.
Each Certificateholder of a Class G-2 Certificate, by its acceptance of its Class G-2 Certificate or a beneficial interest therein, agrees to treat the Class G-2 Trust as a grantor trust for all United States federal, state and local income tax purposes.
The Trustee hereby declares the creation of a Trust, designated the "Delta Air Lines Pass Through Trust 2002-1G-2" (the "Class G-2 Trust"), for the benefit of the Holders of the Class G-2 Certificates to be issued in respect of such Class G-2 Trust, and the initial Holders of the Class G-2 Certificates, as grantors of such Class G-2 Trust, by their respective acceptances of the Class G-2 Certificates, join in the creation of such Class G-2 Trust with the Trustee.
Xxxxxxx Title: Vice President Confirmed as of the date first written above: WILMINGTON TRUST COMPANY in its capacity as Subordination Agent on behalf of the Trustee under the Class G-2 Trust Agreement By: /s/ Xxxxxxxx X.
Payments of interest on the Offered Certificates will be supported by separate certificate guarantee insurance policies for each of the Class G-1 Trust and the Class G-2 Trust (together, the "Policies") issued by the Policy Provider to the extent the Liquidity Facilities and any funds contained in the cash collateral accounts funded from the Primary Liquidity Facilities are insufficient or unavailable for that purpose.