Common use of Execution of Operative Agreements Clause in Contracts

Execution of Operative Agreements. (i) On or before the Closing Date, this Agreement, the Trust Agreement, the Lease, the Lease Supplement in respect of the Units delivered on the Closing Date, the Indenture, the Indenture Supplement in respect of the Units delivered on the Closing Date, the Equipment Note, the Pass Through Documents, the Transfer and Assignment Agreement, the TILC Bill of Sale, the TILC Assignment, the Bill of Sale, the Assi▇▇▇▇▇▇, ▇he OP Guaranty, the Trinity Guarant▇, ▇he Second Supplement to Marks Company Trust Supplement, the Second Amended and Restated Collateral Agency Agreement, the First Amendment to Control Agreement, the Amended and Restated Blocked Account Agreement, the Equity Collateral Security Agreement, the Equity Collateral Control Agreement and the Omnibus Amendment Agreement (amending, among other documents, the Management Agreement, the Insurance Agreement and the Administrative Services Agreement) shall each be satisfactory in form and substance to such Participant, shall have been duly executed and delivered by the parties thereto (except that the execution and delivery of the documents referred to above (other than this Agreement) by a party hereto or thereto shall not be a condition precedent to such party's obligations hereunder), shall each be in full force and effect, and executed counterparts of each shall have been delivered to such Participant or its counsel on or before the Closing Date; and no event shall have occurred and be continuing that constitutes a Lease Default or an Indenture Default. (ii) The Operative Agreements (as defined in the Participation Agreement TRLI 2001-1A) remain in full force and effect, no Lease Default (as defined in the Lease Agreement TRLI 2001-1A) has occurred and is continuing, and no Indenture Event of Default (as defined in the Indenture TRLI 2001-1A) has occurred and is continuing. (iii) The Operative Agreements (as defined in the Participation Agreement TRLI 2001-1B) remain in full force and effect, no Lease Default (as defined in the Lease Agreement TRLI 2001-1B) has occurred and is continuing, and no Indenture Event of Default (as defined in the Indenture TRLI 2001-1B) has occurred and is continuing. Participation Agreement (TRLI 2001-1C)

Execution of Operative Agreements. (i) On or before the Closing Date, this Agreement, the Trust Agreement, the Lease, the Lease Supplement in respect of the Units delivered on the Closing Date, the Indenture, the Indenture Supplement in respect of the Units delivered on the Closing Date, the Equipment Note, the Pass Through Documents, the Transfer and Assignment Agreement, the TILC Bill ▇▇▇▇ ▇▇▇▇ of Sale, the TILC Assignment, the Bill ▇▇▇▇ of Sale, the Assi▇▇▇▇▇▇Assignment, ▇he the OP Guaranty, the Trinity Guarant▇Guaranty, ▇he the Second Supplement to Marks Company Trust Supplement, the Second Amended and Restated Collateral Agency Agreement, the First Amendment to Control Agreement, the Amended and Restated Blocked Account Agreement, the Equity Collateral Security Agreement, the Equity Collateral Control Agreement and the Omnibus Amendment Agreement (amending, among other documents, the Management Agreement, the Insurance Agreement and the Administrative Services Agreement) shall each be satisfactory in form and substance to such Participant, shall have been duly executed and delivered by the parties thereto (except that the execution and delivery of the documents referred to above (other than this Agreement) by a party hereto or thereto shall not be a condition precedent to such party's obligations hereunder), shall each be in full force and effect, and executed counterparts of each shall have been delivered to such Participant or its counsel on or before the Closing Date; and no event shall have occurred and be continuing that constitutes a Lease Default or an Indenture Default. (ii) The Operative Agreements (as defined in the Participation Agreement TRLI 2001-1A) remain in full force and effect, no Lease Default (as defined in the Lease Agreement TRLI 2001-1A) has occurred and is continuing, and no Indenture Event of Default (as defined in the Indenture TRLI 2001-1A) has occurred and is continuing. (iii) The Operative Agreements (as defined in the Participation Agreement TRLI 2001-1B) remain in full force and effect, no Lease Default (as defined in the Lease Agreement TRLI 2001-1B) has occurred and is continuing, and no Indenture Event of Default (as defined in the Indenture TRLI 2001-1B) has occurred and is continuing. Participation Agreement (TRLI 2001-1C)) 40