Common use of Replacement of Borrower Clause in Contracts

Replacement of Borrower. Subject to Section 5.02, from time to time and subject to the successor Borrower’s meeting the eligibility requirements set forth in Section 6.09 of the Intercreditor Agreement applicable to the Subordination Agent, upon the effective date and time specified in a written and completed Notice of Replacement Subordination Agent in substantially the form of Annex VIII (a “Notice of Replacement Subordination Agent”) delivered to the Liquidity Provider by the then Borrower, the successor Borrower designated therein shall become the Borrower for all purposes hereunder.

Appears in 55 contracts

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

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Replacement of Borrower. Subject to Section 5.02, from time to time and subject to the successor Borrower’s 's meeting the eligibility requirements set forth in Section 6.09 of the Intercreditor Agreement applicable to the Subordination Agent, upon the effective date and time specified in a written and completed Notice of Replacement Subordination Agent in substantially the form of Annex VIII VI (a "Notice of Replacement Subordination Agent") delivered to the Liquidity Provider by the then Borrower, the successor Borrower designated therein shall become the Borrower for all purposes hereunder.

Appears in 19 contracts

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

Replacement of Borrower. Subject to Section 5.02, from time to time and subject to the successor Borrower’s meeting the eligibility requirements set forth in Section 6.09 6.9 of the Intercreditor Agreement applicable to the Subordination Agent, upon the effective date and time specified in a written and completed Notice of Replacement Subordination Agent in substantially the form of Annex VIII VI (a “Notice of Replacement Subordination Agent”) delivered to the Primary Liquidity Provider by the then Borrower, the successor Borrower designated therein shall become be substituted for as the Borrower for all purposes hereunder.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Jetblue Airways Corp), Revolving Credit Agreement (Jetblue Airways Corp), Revolving Credit Agreement (Jetblue Airways Corp)

Replacement of Borrower. Subject to Section 5.02, from time to time and subject to the successor Borrower’s 's meeting the eligibility requirements set forth in Section 6.09 6.9 of the Intercreditor Agreement applicable to the Subordination Agent, upon the effective date and time specified in a written and completed Notice of Replacement Subordination Agent in substantially the form of Annex VIII VI (a "Notice of Replacement Subordination Agent") delivered to the Liquidity Provider by the then Borrower, the successor Borrower designated therein shall become be substituted for as the Borrower for all purposes hereunder.

Appears in 6 contracts

Samples: Revolving Credit Agreement (United Air Lines Inc), Revolving Credit Agreement (United Air Lines Inc), Revolving Credit Agreement (America West Airlines Inc)

Replacement of Borrower. Subject to Section 5.02, from time ----------------------- to time and subject to the successor Borrower’s 's meeting the eligibility requirements set forth in Section 6.09 6.9 of the Intercreditor Agreement applicable to the Subordination Agent, upon the effective date and time specified in a written and completed Notice of Replacement Subordination Agent in substantially the form of Annex VIII VI (a "Notice of Replacement Subordination Agent") delivered to the Liquidity Provider by the then Borrower, the successor Borrower designated therein shall become be substituted for as the Borrower for all purposes hereunder.

Appears in 4 contracts

Samples: Revolving Credit Agreement (United Air Lines Inc), Revolving Credit Agreement (United Air Lines Inc), Revolving Credit Agreement (United Air Lines Inc)

Replacement of Borrower. Subject to Section 5.02, from time to time and subject to the successor Borrower’s 's meeting the eligibility requirements set forth in Section 6.09 of the Intercreditor Agreement applicable to the Subordination Agent, upon the effective date and time specified in a written and completed Notice of Replacement Subordination Agent in substantially the form of Annex VIII VI (a “Notice of Replacement Subordination Agent”"NOTICE OF REPLACEMENT SUBORDINATION AGENT") delivered to the Liquidity Provider by the then Borrower, the successor Borrower designated therein shall become the Borrower for all purposes hereunder.

Appears in 4 contracts

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

Replacement of Borrower. Subject to Section 5.02, from time to time and subject to the successor Borrower’s 's meeting the eligibility requirements set forth in Section 6.09 6.9 of the Intercreditor Agreement applicable to the Subordination Agent, upon the effective date and time specified in a written and completed Notice of Replacement Subordination Agent Borrower in substantially the form of Annex VIII V (a "Notice of Replacement Subordination Agent”Borrower") delivered to the Liquidity Provider by the then Borrower, the successor Borrower designated therein shall become be substituted for as the Borrower for all purposes hereunder.

Appears in 2 contracts

Samples: Revolving Credit Agreement (United Air Lines Inc), Revolving Credit Agreement (United Air Lines Inc)

Replacement of Borrower. Subject to Section 5.02, from time to time and subject to the successor Borrower’s 's meeting the eligibility requirements set forth in Section 6.09 6.9 of the Intercreditor Agreement applicable to the Subordination Agent, upon the effective date and time specified in a written and completed Notice of Replacement Subordination Agent in substantially the form of Annex VIII VI attached hereto (a "Notice of Replacement Subordination Agent") delivered to the Liquidity Provider by the then Borrower, the successor Borrower designated therein shall become be substituted for as the Borrower for all purposes hereunder.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Southwest Airlines Co), Revolving Credit Agreement (Southwest Airlines Co)

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Replacement of Borrower. Subject to Section 5.02, from time to time and subject to the successor Borrower’s 's meeting the eligibility requirements set forth in Section 6.09 of the Intercreditor Agreement applicable to the Subordination Agent, upon the effective date and time specified in a written and completed Notice of Replacement Subordination Agent in substantially the form of Annex VIII V (a “Notice of Replacement Subordination Agent”"NOTICE OF REPLACEMENT SUBORDINATION AGENT") delivered to the Primary Liquidity Provider and the Policy Provider by the then Borrower, the successor Borrower designated therein shall become the Borrower for all purposes hereunder.

Appears in 1 contract

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

Replacement of Borrower. Subject to Section 5.02, from time to time and subject to the successor Borrower’s 's meeting the eligibility requirements set forth in Section 6.09 of the Intercreditor Agreement applicable to the Subordination Agent, upon the effective date and time specified in a written and completed Notice of Replacement Subordination Agent in substantially the form of Annex VIII VI (a “"Notice of Replacement Subordination Agent") delivered to the Primary Liquidity Provider by the then Borrower, the successor Borrower designated therein shall become the Borrower for all purposes hereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (American Airlines Inc)

Replacement of Borrower. Subject to Section 5.02, from time to time and subject to the successor Borrower’s meeting the eligibility requirements set forth in Section 6.09 of the Intercreditor Agreement applicable to the Subordination Agent, upon the effective date and time specified in a written and completed Notice of Replacement Subordination Agent in substantially the form of Annex VIII VI (a “Notice of Replacement Subordination Agent”) delivered to the Liquidity Provider by the then Borrower, the successor Borrower designated therein shall become the Borrower for all purposes hereunder.

Appears in 1 contract

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

Replacement of Borrower. Subject to Section 5.02, from time to time and subject to the successor BorrowerXxxxxxxx’s meeting the eligibility requirements set forth in Section 6.09 of the Intercreditor Agreement applicable to the Subordination Agent, upon the effective date and time specified in a written and completed Notice of Replacement Subordination Agent in substantially the form of Annex VIII (a “Notice of Replacement Subordination Agent”) delivered to the Liquidity Provider by the then Borrower, the successor Borrower designated therein shall become the Borrower for all purposes hereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (Fedex Corp)

Replacement of Borrower. Subject to Section 5.025.02(b), from time to time and subject to the successor Borrower’s 's meeting the eligibility requirements set forth in Section 6.09 6.9 of the Intercreditor Agreement applicable to the 27 23 Subordination Agent, upon the effective date and time specified in a written and completed Notice of Replacement Subordination Agent in substantially the form of Annex VIII V attached hereto (a "Notice of Replacement Subordination Agent") delivered to the Liquidity Provider by the then Borrower, the successor Borrower designated therein shall become be substituted for as the Borrower for all purposes hereunder.

Appears in 1 contract

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

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