Remaining Installments definition
Examples of Remaining Installments in a sentence
On the EBO Date, Lessee shall have the option, upon at least ninety (90) days' irrevocable prior notice to Lessor and, if any Secured Certificates are then outstanding, the Indenture Trustee, to purchase the Aircraft on such date for a purchase price equal to [, at Lessee's option, either (a)] the Special Purchase Price [, or (b) the amount set forth under the heading "Initial Installment" on Exhibit B (the "Initial Installment") (payable on the EBO Date) plus the Remaining Installments].
Remaining Installments: Date Amount ---- ------ April 15, [ ] [__]% of Lessor's Cost June 15, [ ] [__]% of Lessor's Cost September 15, [ ] [__]% of Lessor's Cost December 15, [ ] [__]% of Lessor's Cost] EXHIBIT C to Lease Agreement [NW ____ _] STIPULATED LOSS VALUE SCHEDULE ------------------------------ The portion of this Exhibit appearing below this text is intentionally deleted from the FAA filing counterpart as the parties hereto deem it to contain confidential information.
The Assumed Debt, the Working Capital and the Remaining Installments, as finally determined pursuant to the foregoing provisions of this Section 2.3, shall be referred to herein as the “Final Closing Statement”.
Lessee may, upon at least 90 days' irrevocable notice to Lessor and, if any Equipment Notes are then outstanding, Loan Trustee, purchase the Aircraft on the EBO Date for a purchase price equal to[, at Lessee's option, either (a)] the Special Purchase Price[, or (b) the amount set forth under the heading "Initial Installment" on Exhibit B-1 (the "Initial Installment") (payable on the EBO Date) plus the Remaining Installments].
If such assumption is made, in lieu of paying the Special Purchase Price on the EBO Date Lessee shall pay Lessor a purchase price equal to (I) [(x) if Lessee has elected to pay the Special Purchase Price,] the Special Purchase Price [or (y) if Lessee has elected to pay the Initial Installment and the Remaining Installments, the Initial Installment] minus [in either event] (II) an amount equal to principal of, and accrued but unpaid interest on, any Equipment Notes that are outstanding on such date.
On the EBO Date, Lessee shall have the option, upon at least ninety (90) days' irrevocable prior notice to Lessor and, if any Secured Certificates are then outstanding, the Indenture Trustee, to purchase the Aircraft on such date for a purchase price equal to [, at Lessee's option, either (a)] the Special Purchase Price [, or (b) the amount set forth under the heading "Initial Installment" on EXHIBIT B (the "INITIAL INSTALLMENT") (payable on the EBO Date) plus the Remaining Installments].
Two days prior to Closing, Seller will deliver to the Purchaser a statement (the “Seller’s Estimated Closing Statement”) setting forth the Seller’s good faith estimated calculations of (i) Assumed Debt (the “Estimated Assumed Debt”), (ii) Working Capital (the “Estimated Working Capital”), and (iii) Remaining Installments (the “Estimated Remaining Installments”), as of Closing.
Such recalculated Basic Rent, Stipulated Loss Value and Termination Value percentages, Special Purchase Price, Initial Installment and Remaining Installments shall be set forth in a Lease Supplement or an amendment to this Lease.