Final Drawing. If any action is required under a Liquidity Facility to be taken by the Subordination Agent in order to make a Final Drawing thereunder, the Subordination Agent shall not fail to take such action. Upon receipt of the proceeds of a Final Drawing under the related Liquidity Facility, the Subordination Agent shall maintain and invest such proceeds in accordance with Section 3.6(f) hereof.
Appears in 10 contracts
Sources: Intercreditor Agreement (Federal Express Corp), Intercreditor Agreement (Northwest Airlines Inc /Mn), Intercreditor Agreement (Northwest Airlines Holdings Corp/Pred)
Final Drawing. If any action is expressly required under a Liquidity Facility to be taken by the Subordination Agent in order to make a Final Drawing thereunder, the Subordination Agent shall not fail to take such action. Upon receipt of the proceeds of a Final Drawing under the related Liquidity Facility, the Subordination Agent shall maintain and invest such proceeds in accordance with Section 3.6(f) hereof.
Appears in 3 contracts
Sources: Intercreditor Agreement (America West Airlines Inc), Intercreditor Agreement (America West Airlines Inc), Intercreditor Agreement (America West Airlines Inc)
Final Drawing. If any action is required under a Liquidity ------------- Facility to be taken by the Subordination Agent in order to make a Final Drawing thereunder, the Subordination Agent shall not fail to take such action. Upon receipt of the proceeds of a Final Drawing under the related Liquidity Facility, the Subordination Agent shall maintain and invest such proceeds in accordance with Section 3.6(f) hereof.
Appears in 1 contract