Common use of Section 1110 Clause in Contracts

Section 1110. Mortgagee shall be entitled to the benefits of Section 1110 (as currently in effect) with respect to the right to take possession of the Airframe and Engines and to enforce any of its other rights or remedies as provided in the Trust Indenture in the event of a case under Chapter 11 of the Bankruptcy Code in which Owner is a debtor.

Appears in 23 contracts

Samples: Note Purchase Agreement (United Airlines, Inc.), Note Purchase Agreement (Sun Country Airlines Holdings, Inc.), Note Purchase Agreement (Hawaiian Holdings Inc)

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Section 1110. Mortgagee shall be is entitled to the benefits of Section 1110 (as currently in effect) with respect to the right to take possession of the Airframe and Engines and to enforce any of its other rights or remedies as provided in the Trust Indenture in the event of a case under Chapter 11 of the Bankruptcy Code in which Owner is a debtor.

Appears in 14 contracts

Samples: Note Purchase Agreement (United Airlines, Inc.), Note Purchase Agreement (Hawaiian Holdings Inc), Note Purchase Agreement (United Airlines, Inc.)

Section 1110. Mortgagee shall be entitled to the benefits of Section 1110 (as currently in effect) with respect to the right to take possession of the Airframe and Engines and to enforce any of its other rights or remedies as provided in the Trust Indenture in the event of a case under Chapter 11 of the Bankruptcy Code in which Owner is a debtor.

Appears in 10 contracts

Samples: Lease Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/)

Section 1110. Mortgagee shall be is entitled to the benefits of Section 1110 (as currently in effect) with respect to the right to take possession of the Airframe and Engines and to enforce any of its other rights or remedies as provided in the Trust Indenture in the event of a case under Chapter 11 of the Bankruptcy Code in which Owner is a debtor.. BACK

Appears in 4 contracts

Samples: Note Purchase Agreement (United Airlines, Inc.), Note Purchase Agreement (United Airlines, Inc.), Note Purchase Agreement (United Airlines, Inc.)

Section 1110. Mortgagee shall be is entitled to the benefits of Section 1110 (as currently in effect) with respect to the right to take possession of the Airframe and Engines and to enforce any of its other rights or remedies to sell, lease, or otherwise retain or dispose of the Aircraft as provided in the Trust Indenture in the event of a case under Chapter 11 of the Bankruptcy Code in which Owner is a debtor.

Appears in 3 contracts

Samples: Participation Agreement (United Air Lines Inc), Participation Agreement (United Air Lines Inc), Participation Agreement (United Air Lines Inc)

Section 1110. The Applicable Mortgagee shall will be entitled to the benefits of Section 1110 (as currently in effect) with respect to the right to take possession of the Airframe and Engines and related to enforce any of its other rights or remedies the Applicable Aircraft, as provided in the Trust Indenture Applicable Mortgage, in the event of a case under Chapter 11 of the Bankruptcy Code in which Owner Borrower is a debtor.

Appears in 2 contracts

Samples: Loan Agreement (Airtran Holdings Inc), Loan Agreement (Airtran Holdings Inc)

Section 1110. Mortgagee shall be entitled to the benefits of Section 1110 (as currently in effect) with respect to the right to take possession of the Airframe and Engines and to enforce exercise any of its other rights or remedies to sell, lease or dispose of the Aircraft as provided in the Trust Indenture in the event of a case under Chapter 11 of the Bankruptcy Code in which Owner is a debtor.

Appears in 2 contracts

Samples: Participation Agreement (Jetblue Airways Corp), Participation Agreement (Jetblue Airways Corp)

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Section 1110. The Applicable Mortgagee shall be is entitled to the benefits of Section 1110 (as currently in effect) with respect to the right to take possession of the Airframe and Engines and related to enforce any of its other rights or remedies the Applicable Aircraft as provided in the Trust Indenture Applicable Mortgage in the event of a case under Chapter 11 of the Bankruptcy Code in which Owner Borrower is a debtor.

Appears in 2 contracts

Samples: Loan Agreement (Airtran Holdings Inc), Loan Agreement (Airtran Holdings Inc)

Section 1110. Mortgagee shall be entitled to the benefits of Section 1110 (as currently in effect) with respect to the right to take possession of the each Airframe and Engines Engine and to enforce any of its other rights or remedies as provided in the Trust Indenture this Mortgage in the event of a case under Chapter 11 of the Bankruptcy Code in which Owner is a debtorOwner.

Appears in 2 contracts

Samples: Aircraft Mortgage and Security Agreement (Wheels Up Experience Inc.), Aircraft Mortgage and Security Agreement (Wheels Up Experience Inc.)

Section 1110. Mortgagee shall be is entitled to the benefits of Section 1110 (as currently in effect) with respect to the right to take possession of the Airframe and Engines and to enforce exercise any of its other rights or remedies to sell, lease or dispose of the Aircraft as provided in the Trust Indenture in the event of a case under Chapter 11 of the Bankruptcy Code in which Owner is a debtor.

Appears in 2 contracts

Samples: Participation Agreement (Jetblue Airways Corp), Participation Agreement (Jetblue Airways Corp)

Section 1110. The Mortgagee shall be entitled to the benefits of Section 1110 (as currently in effect) with respect to the right to take possession of the Airframe and Aircraft, Airframe, Engines and to enforce any of its other rights or remedies Parts as provided in the Trust Indenture herein in the event of a case under Chapter 11 of the Bankruptcy Code in which Owner is a debtor, and in any instance where more than one construction is possible of the terms and conditions hereof or any other pertinent Operative Agreement, each such party agrees that a construction which would preserve such benefits shall control over any construction which would not preserve such benefits.

Appears in 1 contract

Samples: Continental Airlines Inc /De/

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