Common use of Extension of the Expiry Date; Non-Extension Advance Clause in Contracts

Extension of the Expiry Date; Non-Extension Advance. If the Liquidity Provider notifies the Borrower in writing before the 25th day prior to an anniversary date of the Closing Date that is prior to the 15th day after the Final Legal Distribution Date for the Class A Certificates (such notification, a “Non-Extension Notice”; the date of such notification, the “Notice Date”) that its obligation to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date (but prior to such anniversary date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.

Appears in 10 contracts

Samples: Revolving Credit Agreement (American Airlines Inc), Revolving Credit Agreement (American Airlines Inc), Revolving Credit Agreement (American Airlines Inc)

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Extension of the Expiry Date; Non-Extension Advance. If the Liquidity Provider notifies the Borrower in writing before the 25th day prior to an anniversary date of the Closing Date that is prior to the 15th day after the Final Legal Distribution Date for the Class A B Certificates (such notification, a “Non-Extension Notice”; the date of such notification, the “Notice Date”) that its obligation to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date (but prior to such anniversary date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.

Appears in 9 contracts

Samples: Revolving Credit Agreement (American Airlines Inc), Revolving Credit Agreement (American Airlines Inc), Revolving Credit Agreement (American Airlines Inc)

Extension of the Expiry Date; Non-Extension Advance. If the Liquidity Provider notifies the Borrower in writing before the 25th day prior to an anniversary date of the Closing Date that is prior to the 15th day after the Final Legal Distribution Date for the Class A AA Certificates (such notification, a “Non-Extension Notice”; the date of such notification, the “Notice Date”) that its obligation to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date (but prior to such anniversary date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.

Appears in 8 contracts

Samples: Revolving Credit Agreement, Revolving Credit Agreement (American Airlines Inc), Revolving Credit Agreement (American Airlines Inc)

Extension of the Expiry Date; Non-Extension Advance. If in any calendar year the Liquidity Provider notifies advises the Borrower in writing before the 25th day prior to an the anniversary date of the Closing Date that is prior to the 15th day after the Final Legal Distribution Date for the Class A Certificates in such calendar year (such notification, a “Non-Extension Notice”; the date of such notification25th day, the “Notice Date”) that its obligation to make Advances hereunder the Expiry Date shall not be extended beyond the immediately following such anniversary date of the Closing Date (and if the Liquidity Provider this Agreement shall not have been replaced in accordance with Section 3.05(e3.5(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the such Notice Date (but prior to such anniversary datethe then effective Expiry Date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i2.02(b) hereof and Section 3.05(d3.5(d) of the Intercreditor Agreement; provided, however, that if in any calendar year the Liquidity Provider does not so advise the Borrower before the Notice Date in such calendar year, the Expiry Date shall be automatically extended to the anniversary date of the Closing Date in the next calendar year.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Hawaiian Holdings Inc), Revolving Credit Agreement (Hawaiian Holdings Inc), Revolving Credit Agreement (Continental Airlines Inc /De/)

Extension of the Expiry Date; Non-Extension Advance. If the Liquidity Provider notifies the Borrower and Spirit in writing before the 25th day prior to an any anniversary date of the Closing Date that is occurs prior to the 15th day after the Final Legal Distribution Date for the Class A B Certificates (such notificationnotice, a “Non-Extension Notice”; the date of and such notification25th day, the “Notice Date”) that its obligation obligations to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date (but prior to such anniversary datedate and in any event prior to the then applicable Expiry Date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Spirit Airlines, Inc.), Revolving Credit Agreement (Spirit Airlines, Inc.)

Extension of the Expiry Date; Non-Extension Advance. If the Liquidity Provider notifies the Borrower and Delta in writing before the 25th 60th day prior to an any anniversary date of the Closing Date that is occurs prior to the 15th day after the Final Legal Distribution Date for the Class A Certificates (such notificationnotice, a “Non-Extension Notice”; the date of such notification, the “Notice Date”) that its obligation obligations to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date 25th day prior to such anniversary date (but prior to such anniversary datedate and in any event prior to the then applicable Expiry Date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Delta Air Lines, Inc.), Revolving Credit Agreement (Delta Air Lines Inc /De/)

Extension of the Expiry Date; Non-Extension Advance. If the Liquidity Provider notifies the Borrower and Delta in writing before the 25th 60th day prior to an any anniversary date of the Closing Date that is occurs prior to the 15th day after the Final Legal Distribution Date for the Class A AA Certificates (such notificationnotice, a “Non-Extension Notice”; the date of such notification, the “Notice Date”) that its obligation obligations to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date 25th day prior to such anniversary date (but prior to such anniversary datedate and in any event prior to the then applicable Expiry Date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Delta Air Lines, Inc.), Revolving Credit Agreement (Delta Air Lines Inc /De/)

Extension of the Expiry Date; Non-Extension Advance. If the Liquidity Provider notifies the Borrower and FedEx in writing before the 25th 60th day prior to an any anniversary date of the Closing Date that is occurs prior to the 15th day after the Final Legal Distribution Date for the Class A AA Certificates (such notificationnotice, a “Non-Extension Notice”; the date of such notification, the “Notice Date”) that its obligation obligations to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date 25th day prior to such anniversary date (but prior to such anniversary datedate and in any event prior to the then applicable Expiry Date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Fedex Corp), Revolving Credit Agreement (Fedex Corp)

Extension of the Expiry Date; Non-Extension Advance. If the Liquidity Provider notifies the Borrower and Spirit in writing before the 25th day prior to an any anniversary date of the Closing Date that is occurs prior to the 15th day after the Final Legal Distribution Date for the Class A Certificates (such notificationnotice, a “Non-Extension Notice”; the date of and such notification25th day, the “Notice Date”) that its obligation obligations to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date (but prior to such anniversary datedate and in any event prior to the then applicable Expiry Date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Spirit Airlines, Inc.), Revolving Credit Agreement (Spirit Airlines, Inc.)

Extension of the Expiry Date; Non-Extension Advance. If the Liquidity Provider notifies the Borrower and the Airlines in writing before the 25th 60th day prior to an any anniversary date of the Closing Date that is occurs prior to the 15th day after the Final Legal Distribution Date for the Class A B Certificates (such notificationnotice, a “Non-Extension Notice”; the date of such notification, the “Notice Date”) that its obligation obligations to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date 25th day prior to such anniversary date (but prior to such anniversary datedate and in any event prior to the then applicable Expiry Date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Alaska Air Group, Inc.)

Extension of the Expiry Date; Non-Extension Advance. If the Liquidity Provider notifies the Borrower and the Airlines in writing before the 25th 60th day prior to an any anniversary date of the Closing Date that is occurs prior to the 15th day after the Final Legal Distribution Date for the Class A Certificates (such notificationnotice, a “Non-Extension Notice”; the date of such notification, the “Notice Date”) that its obligation obligations to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date 25th day prior to such anniversary date (but prior to such anniversary datedate and in any event prior to the then applicable Expiry Date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Alaska Air Group, Inc.)

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Extension of the Expiry Date; Non-Extension Advance. If the Liquidity Provider notifies the Borrower and American in writing before the 25th day prior to an anniversary date of the Closing Date that is occurs prior to the 15th day after the Final Legal Distribution Date for the Class A B Certificates (such notification, a “Non-Extension Notice”; the date of such notification, the “Notice Date”) that its obligation to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date (but prior to such anniversary date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (American Airlines, Inc.)

Extension of the Expiry Date; Non-Extension Advance. If the Liquidity Provider notifies the Borrower and Delta in writing before the 25th 60th day prior to an any anniversary date of the Closing Date that is occurs prior to the 15th day after the Final Legal Distribution Date for the Class A Certificates (such notificationnotice, a “Non-Extension Notice”; the date of and such notification60th day, the “Notice Date”) that its obligation obligations to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date 25th day prior to such anniversary date (but prior to such anniversary datedate and in any event prior to the then applicable Expiry Date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Delta Air Lines Inc /De/)

Extension of the Expiry Date; Non-Extension Advance. If the Liquidity Provider notifies the Borrower and Delta in writing before the 25th 60th day prior to an any anniversary date of the Closing Date that is occurs prior to the 15th day after the Final Legal Distribution Date for the Class A B Certificates (such notificationnotice, a “Non-Extension Notice”; the date of and such notification60th day, the “Notice Date”) that its obligation obligations to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date 25th day prior to such anniversary date (but prior to such anniversary datedate and in any event prior to the then applicable Expiry Date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Delta Air Lines Inc /De/)

Extension of the Expiry Date; Non-Extension Advance. If the Liquidity Provider notifies the Borrower in writing before the 25th day prior to an anniversary date of the Class B Closing Date that is prior to the 15th day after the Final Legal Distribution Date for the Class A B Certificates (such notification, a “Non-Extension Notice”; the date of such notification, the “Notice Date”) that its obligation to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Class B Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date (but prior to such anniversary date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (American Airlines Inc)

Extension of the Expiry Date; Non-Extension Advance. If the Liquidity Provider notifies the Borrower and Delta in writing before the 25th 60th day prior to an any anniversary date of the Closing Date that is occurs prior to the 15th day after the Final Legal Distribution Date for the Class A AA Certificates (such notificationnotice, a “Non-Extension Notice”; the date of and such notification60th day, the “Notice Date”) that its obligation obligations to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date 25th day prior to such anniversary date (but prior to such anniversary datedate and in any event prior to the then applicable Expiry Date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Delta Air Lines Inc /De/)

Extension of the Expiry Date; Non-Extension Advance. If the Liquidity Provider notifies the Borrower and Spirit in writing before the 25th day prior to an any anniversary date of the Closing Date that is occurs prior to the 15th day after the Final Legal Distribution Date for the Class A AA Certificates (such notificationnotice, a “Non-Extension Notice”; the date of and such notification25th day, the “Notice Date”) that its obligation obligations to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date (but prior to such anniversary datedate and in any event prior to the then applicable Expiry Date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Spirit Airlines, Inc.)

Extension of the Expiry Date; Non-Extension Advance. If the Liquidity Provider notifies the Borrower and American in writing before the 25th day prior to an anniversary date of the Closing Date that is occurs prior to the 15th day after the Final Legal Distribution Date for the Class A Certificates (such notification, a “Non-Extension Notice”; the date of such notification, the “Notice Date”) that its obligation to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date (but prior to such anniversary date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (American Airlines, Inc.)

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