Common use of Excluded Payments Clause in Contracts

Excluded Payments. Any Excluded Payments received by the Owner Trustee shall be paid by the Owner Trustee to the Person to whom such Excluded Payments are payable under the provisions of the Participation Agreement, the Tax Indemnity Agreement or the Lease.

Appears in 22 contracts

Sources: Trust Agreement (Northwest Airlines Corp), Trust Agreement (Southwest Airlines Co), Trust Agreement (Northwest Airlines Corp)

Excluded Payments. Any Excluded Payments received by the Owner Trustee shall be paid by the Owner Trustee to the Person to whom such Excluded Payments are payable under the provisions of the Participation Agreement, the Tax Indemnity Agreement or the Lease.

Appears in 17 contracts

Sources: Note Purchase Agreement (Continental Airlines Inc /De/), Participation Agreement (Delta Air Lines Inc /De/), Trust Agreement (Continental Airlines Inc /De/)

Excluded Payments. Any Excluded Payments received by the Owner Trustee shall be paid by the Owner Trustee to the Person to whom such Excluded Payments are payable under the provisions of the Participation Agreement, the Tax Indemnity Agreement Agreement, the Lease or the Leaseother Operative Documents.

Appears in 2 contracts

Sources: Trust Agreement (Atlas Air Inc), Trust Agreement (Atlas Air Inc)

Excluded Payments. Any Excluded Payments received by the Owner ----------------- Trustee shall be paid by the Owner Trustee to the Person to whom such Excluded Payments are payable under the provisions of the Tax Indemnity Agreement, the Participation Agreement, the Tax Indemnity Agreement Lease or the Leaseany other Operative Agreement.

Appears in 2 contracts

Sources: Trust Agreement (Midway Airlines Corp), Trust Agreement (Midway Airlines Corp)

Excluded Payments. Any Excluded Payments received by the Owner Trustee shall be paid by the Owner Trustee to the Person to whom such Excluded Payments are payable under the provisions of the Participation Agreement, the Tax Indemnity Agreement (as directed by the Owner Participant) or the Lease.

Appears in 1 contract

Sources: Trust Agreement (United Air Lines Inc)

Excluded Payments. Any Excluded Payments Payment received by the Owner Trustee shall be paid by the Owner Trustee to the Person to whom such Excluded Payments are Payment is payable under the provisions of the Participation Agreement, the Tax Indemnity Agreement or the Lease.

Appears in 1 contract

Sources: Funding Agreement (Republic Airways Holdings Inc)