Policy Provider Obligations means all reimbursements and other amounts, including without limitation, fees, expenses, interest and indemnities, due to the Policy Provider hereunder, or under the Policy Provider Documents, all such amounts to be paid only as expressly provided hereunder and without duplication whether by reason of any rights of subrogation or otherwise.
Policy Provider Obligations has the meaning specified in the Intercreditor Agreement.
Policy Provider Obligations means all reimbursement and other amounts, including, without limitation, fees and indemnities (to the extent not included in Policy Expenses), due to the Policy Provider under the Policy Provider Agreement but shall not include any interest on Policy Drawings other than Policy Provider Interest Obligations.
Examples of Policy Provider Obligations in a sentence
The subordination provisions contained in Section 3.08, Section 3.09 and Article X hereof may not be amended or modified without the consent of the Policy Provider (so long as any subclass of Covered Class A Securities remain outstanding or any Policy Provider Obligations remain due and owing), each provider of an Eligible Credit Facility, each Hedge Provider, each Holder of the subclass of Securities affected thereby and each Holder of any subclass of Securities ranking senior thereto.
Except for amounts constituting Liquidity Obligations, Policy Expenses or Policy Provider Obligations which shall be deposited in the Collection Account and distributed as provided in Section 3.2, the Trustee will distribute promptly upon receipt thereof to the Person entitled thereto any indemnity payment or expense reimbursement received by it from the Company in respect of the Liquidity Provider or the Policy Provider.
Upon payment in full of the Series G Equipment Notes and the Policy Provider Obligations, if any Series B Equipment Notes are then outstanding, Section 3.4, as then in effect, shall at such time become a Subordinated Security Provision, except that each reference therein to the Policy Provider shall be deemed changed to the Mortgagee.
The term of this Agreement shall commence on the Initial Closing Date and expire on the date on which the Indenture terminates and all Policy Provider Obligations and Credit Facility Obligations have been paid in full.
Notwithstanding anything to the contrary herein, and for the avoidance of doubt, if the Policy is terminated and surrendered to the Policy Provider for cancellation and all Policy Provider Obligations are paid in full, all rights and obligations of the Policy Provider under this Indenture (including, but not limited to, all obligations set forth in this Section 3.15) shall be terminated and released.
More Definitions of Policy Provider Obligations
Policy Provider Obligations means all reimbursement and other amounts, including, without limitation, fees and indemnities, due to the Policy Provider under Section 3.7(i) hereof, the Policy Fee Letter, Section 6(b) of the Owned Aircraft Participation Agreements, Section 6(c) of the Leased Aircraft Participation Agreements and Sections 7(b) and 7(c) of the Note Purchase Agreement but shall not include (i) any interest on Policy Drawings or interest on any other payments made by the Policy Provider (except (a) if the Class G Liquidity Provider has failed to honor any Interest Drawing in accordance with Section 2.02(e) of the Class G Liquidity Facility, interest on any Policy Drawing made to cover the shortfall attributable to such failure in an amount equal to the amount of interest that would have accrued on such Interest Drawing if such Interest Drawing had been made in accordance with Section 2.02(e) of the Class G Liquidity Facility, at the interest rate applicable to such Interest Drawing until such Policy Drawing has been repaid in full, up to a maximum of three such Policy Drawings and (b) if the Policy Provider has, pursuant to the proviso to Section 2.6(c), paid to each Liquidity Provider all outstanding Drawings and interest thereon owing to such Liquidity Provider under the applicable Liquidity Facility, interest accrued at the rate of the Base Rate plus 1% per annum on the unreimbursed amount of such payment from and including the date of such payment to but excluding the date such payment shall be reimbursed in full), and (ii) any amounts that the Policy Provider is entitled to receive by virtue of the subrogation rights of the Policy Provider under the Escrow and Paying Agent Agreement for the Class G Trust, including, without limitation, fees and expenses incurred in connection with the enforcement of such rights.
Policy Provider Obligations means all reimbursement and other amounts, including fees and indemnities, due to the Policy Provider under the Policy Provider Agreement, but shall not include (i) any amounts due under the Policy Fee Letter, (ii) any interest on Policy Drawings except, if the Class G Liquidity Provider has failed to honor its obligation to make a payment on any Interest Drawing in respect of the Class G Certificates, interest on the portion of any Policy Drawing made to cover the shortfall attributable to such failure by the Liquidity Provider in an amount equal to the amount of interest that would have accrued on such Interest Drawing if such Interest Drawing had been made at the interest rate applicable to such Interest Drawing until such Policy Drawing has been repaid in full, up to a maximum of three such Policy Drawings and (iii) any amounts that the Policy Provider is entitled to receive by virtue of the subrogation rights of the Policy Provider hereunder or under the Escrow Agreement for the Class G Trust, including without limitation, fees and expenses incurred in connection with the enforcement of such rights. For the avoidance of doubt, and subject to the effect of payment priorities with respect to Excess Reimbursement Obligations, Policy Provider Obligations include reimbursement of and interest on the Liquidity Obligations in respect of the Liquidity Facilities paid by the Policy Provider to the Liquidity Provider.
Policy Provider Obligations means all reimbursement and other amounts, including, without limitation, fees and indemnities, due to the Policy Provider under the Policy Provider Agreement but shall not include any interest on Policy Drawings except, if the Class G Liquidity Provider has failed to honor any Interest Drawing in accordance with Section 2.2(e) of the Class G Liquidity Facility, interest on any Policy Drawing made to cover the shortfall attributable to such failure in an amount equal to the amount of interest that would have accrued on such Interest Drawing if such Interest Drawing had been made in accordance with Section 2.2(e) of the Class G Liquidity Facility at the interest rate applicable to such Interest Drawing until such Policy Drawing has been repaid in full, up to a maximum of six such Policy Drawings. For the avoidance of doubt, Policy Provider Obligations include reimbursement of, and interest on, the Liquidity Obligations in respect of the Class G Liquidity Facility and the Class C Liquidity Facility paid by the Policy Provider to the applicable Liquidity Provider.
Policy Provider Obligations means all reimbursement and other amounts, including fees and indemnities, due to the Policy Provider under the Policy Provider Agreement, but shall not include (i) any amounts due under the Policy Fee Letter and (ii) any interest on Policy Drawings except, if the Class G-1 Liquidity Provider or the Class G-2 Liquidity Provider has failed to honor its obligation to make a payment on any Interest Drawing in respect of the Class G-1 Certificates or the Class G-2 Certificates, as applicable, interest on the portion of any Policy Drawing made to cover the shortfall attributable to such failure by the Liquidity Provider in an amount equal to the amount of interest that would have accrued on such Interest Drawing if such Interest Drawing had been made at the interest rate applicable to such Interest Drawing until such Policy Drawing has been repaid in full, up to a maximum of three such Policy Drawings under the applicable Policy. For the avoidance of doubt, and subject to the effect of payment priorities with respect to Excess Reimbursement Obligations, Policy Provider Obligations include reimbursement of and interest on the Liquidity Obligations in respect of the Liquidity Facilities paid by the Policy Provider to the Liquidity Provider.
Policy Provider Obligations means all reimbursement and other amounts, including fees and indemnities (to the extent not included in Policy Expenses) due to the Policy Provider under the Policy Provider Agreement and, if the Liquidity Provider has failed to honor any Interest Drawing, interest on any Policy Drawing made to cover the shortfall attributable to such failure by the Liquidity Provider in an amount equal to the amount of interest that would have accrued on such Interest Drawing if such Interest Drawing had been made at the
Policy Provider Obligations means (i) all reimbursement and other amounts, including fees and indemnities, due to the Policy Provider under the Policy Provider Agreement and the Policy Fee Letter (including, without limitation, Policy Drawings) to the extent not included in the definition of Policy Expenses and (ii) interest on all
Policy Provider Obligations means (i) all reimbursement and other amounts, including fees and indemnities, due to the Policy Provider under the Policy Provider Agreement and the Policy Fee Letter (including, without limitation, Policy Drawings) to the extent not included in the definition of Policy Expenses and (ii) interest on all amounts due and unpaid to the Policy Provider under the Policy Provider Agreement and Policy Fee Letter (including, without limitation, interest on all due and unpaid premium, fees, expenses, and indemnities), in each case accruing at the Late Payment Rate, but shall not include (x) any Excess Reimbursement Obligations, (y) any Policy Provider Interest Amounts or (z) any Policy Provider Interest Drawing Amounts.