Common use of Form of Equipment Notes Clause in Contracts

Form of Equipment Notes. The Equipment Notes shall be substantially in the form set forth below: THIS EQUIPMENT NOTE HAS NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR PURSUANT TO THE SECURITIES LAWS OF ANY STATE. ACCORDINGLY, THIS EQUIPMENT NOTE MAY NOT BE SOLD UNLESS EITHER REGISTERED UNDER THE ACT AND SUCH APPLICABLE STATE LAWS OR AN EXEMPTION FROM SUCH REGISTRATIONS IS AVAILABLE. ▇▇▇▇▇ FARGO BANK NORTHWEST, NATIONAL ASSOCIATION, AS OWNER TRUSTEE UNDER TRUST AGREEMENT [___] DATED AS OF [_______________, 20___]. SERIES [_____] LIMITED RECOURSE EQUIPMENT NOTE DUE [____] ISSUED IN CONNECTION WITH THE BOEING MODEL [_______] AIRCRAFT BEARING UNITED STATES REGISTRATION NUMBER N[_____]. No. ____ Date: [ __________, 20___] $_____________________ INTEREST RATE MATURITY DATE ------------- ------------- [____________] [____________] ▇▇▇▇▇ FARGO BANK NORTHWEST, NATIONAL ASSOCIATION, not in its individual capacity but solely as Owner Trustee (herein in such capacity called the "Owner Trustee") under that certain Trust Agreement [___], dated as of [____________, 20___], between the Owner Participant named therein and ▇▇▇▇▇ Fargo Bank Northwest, National Association (herein as such Trust Agreement may be supplemented or amended from time to time called the "Trust Agreement"), hereby promises to pay to __________________, or the registered assignee thereof, the principal sum of $____________ (the "Original Amount"), together with interest on the amount of the Original Amount remaining unpaid from time to time (calculated on the basis of a year of 360 days comprised of twelve 30-day months) from the date hereof until paid in full at a rate per annum equal to the Debt Rate. The Original Amount of this Equipment Note shall be [payable in installments on the dates set forth in Schedule I hereto equal to the corresponding percentage of the Original Amount of this Equipment Note set forth in Schedule I hereto.] [paid in full on ____________.] Accrued but unpaid interest shall be due and payable in semiannual installments commencing on [_____________, 20___], and thereafter on [_______] and [_______] of each year, to and including [_______________]. Notwithstanding the foregoing, the final payment made on this Equipment Note shall be in an amount sufficient to discharge in full the unpaid Original Amount and all accrued and unpaid interest on, and any other amounts due under, this Equipment Note. Notwithstanding anything to the contrary contained herein, if any date on which a payment under this Equipment Note becomes due and payable is not a Business Day, then such payment shall not be made on such scheduled date but shall be made on the next succeeding Business Day and if such payment is made on such next succeeding Business Day, no interest shall accrue on the amount of such payment during such extension.

Form of Equipment Notes. The Equipment Notes shall be substantially in the form set forth below: THIS EQUIPMENT NOTE HAS NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED (THE "“ACT"”), OR PURSUANT TO THE SECURITIES LAWS OF ANY STATESTATE OR OTHER JURISDICTION. ACCORDINGLY, THIS EQUIPMENT NOTE MAY NOT BE OFFERED FOR SALE OR SOLD UNLESS EITHER REGISTERED UNDER THE ACT AND SUCH APPLICABLE STATE OR OTHER LAWS OR AN EXEMPTION EXEMPTIONS FROM SUCH REGISTRATIONS IS REGISTRATION REQUIREMENTS ARE AVAILABLE. ▇▇▇▇▇ FARGO BANK NORTHWESTIN ADDITION, NATIONAL ASSOCIATION, AS OWNER TRUSTEE UNDER TRUST THIS EQUIPMENT NOTE IS SUBJECT TO RESTRICTIONS ON TRANSFER PURSUANT TO THE PARTICIPATION AGREEMENT [___REFERRED TO HEREIN. SERIES 2015-1[____][6698] DATED AS OF [________EQUIPMENT NOTE DUE_______, 20___]. SERIES [_____] LIMITED RECOURSE EQUIPMENT NOTE DUE [____] _ ISSUED IN CONNECTION WITH THE BOEING AIRBUS MODEL A321-200 AIRCRAFT BEARING CHILEAN REGISTRATION NUMBER CC-BEE BEING LEASED TO LATAM AIRLINES GROUP S.A. No.____ Date: [_______] AIRCRAFT BEARING UNITED STATES REGISTRATION NUMBER N[_____]. No. ____ Date: [ __________, 20___] $_____________________ INTEREST DEBT RATE MATURITY DATE ------------- ------------- [____]% ________] [____________] ▇▇▇▇▇ FARGO BANK NORTHWEST, NATIONAL ASSOCIATION, not in its individual capacity but solely as Owner Trustee (herein in such capacity called the "Owner Trustee") under that certain Trust Agreement [___], dated as of [____________, 2020 ___]_ PARINA LEASING LIMITED (together with its successors and permitted assigns, between the Owner Participant named therein and ▇▇▇▇▇ Fargo Bank Northwest, National Association (herein as such Trust Agreement may be supplemented or amended from time to time called the "Trust Agreement"), “Owner”) hereby promises to pay to _____to_____________, or the registered assignee thereof, the principal sum amount of _____________________ Dollars ($____________ (the "Original Amount"), together with interest ) [on __________]1 [in installments on the Payment Dates set forth in Schedule I hereto, each such installment to be in an amount of set forth in Schedule I hereto opposite the Original Amount Payment Date on which such installment is due,]2 and to pay, on each Payment Date, interest in arrears on the principal amount remaining unpaid from time to time from the date hereof, or from the most recent date to which interest hereon has been paid or duly provided for, until paid in full at a rate per annum (calculated on the basis of a year of 360 days comprised of twelve 30-day months) from the date hereof until paid in full at a rate per annum equal to the Debt Rate. The Original Amount of this Equipment Note shall Rate shown above as such Debt Rate may be [payable changed from time to time for such period(s), and in installments on the dates set forth such amount(s) and circumstances, as provided in Schedule I hereto equal to the corresponding percentage Section 2(d) of the Original Amount of this Equipment Note set forth in Schedule I hereto.] relevant Registration Rights Agreement. [paid in full on ____________.] Accrued but unpaid interest shall be due and payable in semiannual installments commencing on [_____________, 20___], and thereafter on [_______] and [_______] of each year, to and including [_______________]. Notwithstanding the foregoing, the final payment made on this Equipment Note shall be in an amount sufficient to discharge in full the unpaid Original Amount principal amount and all accrued and unpaid interest on, and any other amounts due under, this Equipment Note. Note.]3 Notwithstanding anything to the contrary contained herein, if any date on which a payment under this Equipment Note becomes due and payable is not a Business Day, then such payment shall not be made on such scheduled date but shall be made on the next succeeding Business Day with the same force and effect as if made on such scheduled date, and if such payment is made on such next succeeding Business Day, no interest shall accrue on the amount of such payment during from and after such extensionscheduled date. 1 To be inserted in non-installment Equipment Notes. 2 To be inserted in installment Equipment Notes. 3 To be inserted in installment Equipment Notes.

Form of Equipment Notes. The Equipment Notes shall be substantially in the form set forth below: THIS EQUIPMENT NOTE HAS NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR PURSUANT TO THE SECURITIES LAWS OF ANY STATE. ACCORDINGLY, THIS EQUIPMENT NOTE MAY NOT BE SOLD UNLESS EITHER REGISTERED UNDER THE ACT AND SUCH APPLICABLE STATE LAWS OR AN EXEMPTION FROM SUCH REGISTRATIONS IS AVAILABLE. ▇▇▇▇▇ FARGO BANK NORTHWESTFIRST SECURITY BANK, NATIONAL ASSOCIATION, AS OWNER TRUSTEE UNDER TRUST AGREEMENT [___] DATED AS OF [_______________, 20__199_]. SERIES [_____] LIMITED RECOURSE EQUIPMENT NOTE DUE [____] ISSUED IN CONNECTION WITH THE BOEING MODEL [_______] AIRCRAFT BEARING UNITED STATES REGISTRATION NUMBER N[_____]. No. ____ Date: [ [__________, 20____] $_____________________ INTEREST RATE MATURITY DATE ------------- ------------- [____________] [____________] ▇▇▇▇▇ FARGO BANK NORTHWESTFIRST SECURITY BANK, NATIONAL ASSOCIATION, not in its individual capacity but solely as Owner Trustee (herein in such capacity called the "Owner Trustee") under that certain Trust Agreement [___], dated as of [____________, 20__199_], between the Owner Participant named therein and ▇▇▇▇▇ Fargo Bank NorthwestFirst Security Bank, National Association (herein as such Trust Agreement may be supplemented or amended from time to time called the "Trust Agreement"), hereby promises to pay to __________________, or the registered assignee thereof, the principal sum of $____________ (the "Original Amount"), together with interest on the amount of the Original Amount remaining unpaid from time to time (calculated on the basis of a year of 360 days comprised of twelve 30-day months) from the date hereof until paid in full at a rate per annum equal to the Debt Rate. The Original Amount of this Equipment Note shall be [payable in installments on the dates set forth in Schedule I hereto equal to the corresponding percentage of the Original Amount of this Equipment Note set forth in Schedule I hereto.] [paid in full on ____________.] Accrued but unpaid interest shall be due and payable in semiannual installments commencing on [_____________], 20__199[_], and thereafter on [_______] and [_______] of each year, to and including [_______________]. Notwithstanding the foregoing, the final payment made on this Equipment Note shall be in an amount sufficient to discharge in full the unpaid Original Amount and all accrued and unpaid interest on, and any other amounts due under, this Equipment Note. Notwithstanding anything to the contrary contained herein, if any date on which a payment under this Equipment Note becomes due and payable is not a Business Day, then such payment shall not be made on such scheduled date but shall be made on the next succeeding Business Day and if such payment is made on such next succeeding Business Day, no interest shall accrue on the amount of such payment during such extension.

Form of Equipment Notes. The Equipment Notes shall be substantially in the form set forth below: THIS EQUIPMENT NOTE HAS NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR PURSUANT TO THE SECURITIES LAWS OF ANY STATE. ACCORDINGLY, THIS EQUIPMENT NOTE MAY NOT BE SOLD UNLESS EITHER REGISTERED UNDER THE ACT AND SUCH APPLICABLE STATE LAWS OR AN EXEMPTION FROM SUCH REGISTRATIONS IS AVAILABLE. ▇▇▇▇▇ FARGO BANK NORTHWESTFIRST SECURITY BANK, NATIONAL ASSOCIATION, AS OWNER TRUSTEE UNDER TRUST AGREEMENT [___] DATED AS OF [_______________, 20__199_]. SERIES [_____] LIMITED RECOURSE EQUIPMENT NOTE DUE [____] ISSUED IN CONNECTION WITH THE BOEING MODEL [_______] AIRCRAFT BEARING UNITED STATES REGISTRATION NUMBER N[_____]. No. ____ Date: [ __________, 20_199__] $_____________________ INTEREST RATE MATURITY DATE ------------- ------------- [_____________] [____________] ▇▇▇▇▇ FARGO BANK NORTHWESTFIRST SECURITY BANK, NATIONAL ASSOCIATION, not in its individual capacity but solely as Owner Trustee (herein in such capacity called the "Owner Trustee") under that certain Trust Agreement [___], dated as of [____________, 20__199_], between the Owner Participant named therein and ▇▇▇▇▇ Fargo Bank NorthwestFirst Security Bank, National Association (herein as such Trust Agreement may be supplemented or amended from time to time called the "Trust Agreement"), hereby promises to pay to __________________, or the registered assignee thereof, the principal sum of $____________ (the "Original Amount"), together with interest on the amount of the Original Amount remaining unpaid from time to time (calculated on the basis of a year of 360 days comprised of twelve 30-day months) from the date hereof until paid in full at a rate per annum equal to the Debt Rate. The Original Amount of this Equipment Note shall be [payable in installments on the dates set forth in Schedule I hereto equal to the corresponding percentage of the Original Amount of this Equipment Note set forth in Schedule I hereto.] [paid in full on ____________---------- Not included in Series A-2 or Series C-2 Equipment Notes.] Accrued but unpaid interest shall be due and payable in semiannual installments commencing on [_____________, 20___], and thereafter on [_______] and [_______] of each year, to and including [_______________]. Notwithstanding the foregoing, the final payment made on this Equipment Note shall be in an amount sufficient to discharge in full the unpaid Original Amount and all accrued and unpaid interest on, and any other amounts due under, this Equipment Note. Notwithstanding anything to the contrary contained herein, if any date on which a payment under this Equipment Note becomes due and payable is not a Business Day, then such payment shall not be made on such scheduled date but shall be made on the next succeeding Business Day and if such payment is made on such next succeeding Business Day, no interest shall accrue on the amount of such payment during such extension.

Form of Equipment Notes. (a) The Fixed Rate Equipment Notes shall be substantially in the form set forth below: THIS EQUIPMENT NOTE HAS NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR PURSUANT TO THE SECURITIES LAWS OF ANY STATE. ACCORDINGLY, THIS EQUIPMENT NOTE MAY NOT BE SOLD UNLESS EITHER REGISTERED UNDER THE ACT AND SUCH APPLICABLE STATE LAWS OR AN EXEMPTION FROM SUCH REGISTRATIONS IS AVAILABLE. ▇▇▇▇▇ FARGO BANK NORTHWESTCONTINENTAL AIRLINES, NATIONAL ASSOCIATION, AS OWNER TRUSTEE UNDER TRUST AGREEMENT [___] DATED AS OF [_______________, 20___]INC. SERIES [_____] LIMITED RECOURSE EQUIPMENT NOTE DUE [____] ISSUED IN CONNECTION WITH THE BOEING MODEL [_______] AIRCRAFT BEARING UNITED STATES REGISTRATION NUMBER N[_____]. ] No. ____ Date: [ [__________, 20____] $_______________________ INTEREST RATE MATURITY DATE ------------- ------------- [____________] [____________] ▇▇▇▇▇ FARGO BANK NORTHWESTCONTINENTAL AIRLINES, NATIONAL ASSOCIATIONINC., not in its individual capacity but solely as Owner Trustee a Delaware corporation (herein in such capacity called the "Owner Trustee") under that certain Trust Agreement [___], dated as of [____________, 20___], between the Owner Participant named therein and ▇▇▇▇▇ Fargo Bank Northwest, National Association (herein as such Trust Agreement may be supplemented or amended from time to time called the "Trust AgreementOwner"), hereby promises to pay to __________________, or the registered assignee thereof, the principal sum of $____________ (the "Original Amount"), together with interest on the amount of the Original Amount remaining unpaid from time to time (calculated on the basis of a year of 360 days comprised of twelve 30-day months) from the date hereof until paid in full at a rate per annum equal to the Debt Rate. The Original Amount of this Equipment Note shall be [payable in installments on the dates set forth in Schedule I hereto equal to the corresponding percentage of the Original Amount of this Equipment Note set forth in Schedule I hereto.] [paid in full on ____________.] Accrued but unpaid interest shall be due and payable in semiannual quarterly installments commencing on [____________ __, 20___], ,] and thereafter on [_______] February 15, May 15, August 15 and [_______] November 15 of each year, to and including [_______________]. .] Notwithstanding the foregoing, the final payment made on this Equipment Note shall be in an amount sufficient to discharge in full the unpaid Original Amount and all accrued and unpaid interest on, and any other amounts due under, this Equipment Note. Notwithstanding anything to the contrary contained herein, if any date on which a payment under this Equipment Note becomes due and payable is not a Business Day, then such payment shall not be made on such scheduled date but shall be made on the next succeeding Business Day and if such payment is made on such next succeeding Business Day, no interest shall accrue on the amount of such payment during such extension.

Form of Equipment Notes. The Equipment Notes shall be substantially in the form set forth below: THIS EQUIPMENT NOTE HAS NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED (THE "“ACT"”), OR PURSUANT TO THE SECURITIES LAWS OF ANY STATESTATE OR OTHER JURISDICTION. ACCORDINGLY, THIS EQUIPMENT NOTE MAY NOT BE OFFERED FOR SALE OR SOLD UNLESS EITHER REGISTERED UNDER THE ACT AND SUCH APPLICABLE STATE OR OTHER LAWS OR AN EXEMPTION EXEMPTIONS FROM SUCH REGISTRATIONS IS REGISTRATION REQUIREMENTS ARE AVAILABLE. ▇▇▇▇▇ FARGO BANK NORTHWESTIN ADDITION, NATIONAL ASSOCIATION, AS OWNER TRUSTEE UNDER TRUST THIS EQUIPMENT NOTE IS SUBJECT TO RESTRICTIONS ON TRANSFER PURSUANT TO THE PARTICIPATION AGREEMENT REFERRED TO HEREIN. [[PARINA LEASING LIMITED]/[CUCLILLO LEASING LIMITED]/[RAYADOR LEASING LIMITED]/[CANASTERO LEASING LIMITED]5] SERIES 2015-1[___][MSN] EQUIPMENT NOTE DUE _______ __, 20__ ISSUED IN CONNECTION WITH THE [AIRBUS] DATED AS OF [BOEING] MODEL [MODEL] (GENERIC MODEL [GENERIC MODEL]) AIRCRAFT BEARING [CHILEAN]/[BRAZILIAN] REGISTRATION NUMBER [REG. NO.] BEING LEASED TO LATAM AIRLINES GROUP S.A. No.____ Date: [_______________, 20___]. SERIES [_____] LIMITED RECOURSE EQUIPMENT NOTE DUE [____] ISSUED IN CONNECTION WITH THE BOEING MODEL [_______] AIRCRAFT BEARING UNITED STATES REGISTRATION NUMBER N[_____]. No. ____ Date: [ __________, 20_,__] $________________ DEBT RATE MATURITY DATE [______ INTEREST RATE MATURITY DATE ------------- ------------- []% ____________] [____________] ▇▇▇▇▇ FARGO BANK NORTHWEST, NATIONAL ASSOCIATION, not in its individual capacity but solely as Owner Trustee (herein in such capacity called the "Owner Trustee") under that certain Trust Agreement [___], dated as of [__________ ___, 20___]_ 5 To insert the relevant Owner Indenture and Security Agreement [[PARINA LEASING LIMITED]/[CUCLILLO LEASING LIMITED]/[RAYADOR LEASING LIMITED]/[CANASTERO LEASING LIMITED]6] (together with its successors and permitted assigns, between the Owner Participant named therein and ▇▇▇▇▇ Fargo Bank Northwest, National Association (herein as such Trust Agreement may be supplemented or amended from time to time called the "Trust Agreement"), “Owner”) hereby promises to pay to __________________, or the registered assignee thereof, the principal sum amount of $________________ Dollars (the "Original Amount"), together with interest $_________) [on __________]7 [in installments on the Payment Dates set forth in Schedule I hereto, each such installment to be in an amount computed by multiplying the original principal amount of this Equipment Note by the Original Amount percentage set forth in Schedule I hereto opposite the Payment Date on which such installment is due,]8 and to pay, on each Payment Date, interest in arrears on the principal amount remaining unpaid from time to time from the date hereof, or from the most recent date to which interest hereon has been paid or duly provided for, until paid in full at a rate per annum (calculated on the basis of a year of 360 days comprised of twelve 30-day months) from the date hereof until paid in full at a rate per annum equal to the Debt Rate. The Original Amount of this Equipment Note shall Rate shown above as such Debt Rate may be [payable changed from time to time for such period(s), and in installments on the dates set forth such amount(s) and circumstances, as provided in Schedule I hereto equal to the corresponding percentage Section 2(d) of the Original Amount of this Equipment Note set forth in Schedule I hereto.] relevant Registration Rights Agreement. [paid in full on ____________.] Accrued but unpaid interest shall be due and payable in semiannual installments commencing on [_____________, 20___], and thereafter on [_______] and [_______] of each year, to and including [_______________]. Notwithstanding the foregoing, the final payment made on this Equipment Note shall be in an amount sufficient to discharge in full the unpaid Original Amount principal amount and all accrued and unpaid interest on, and any other amounts due under, this Equipment Note. Note.]9 Notwithstanding anything to the contrary contained herein, if any date on which a payment under this Equipment Note becomes due and payable is not a Business Day, then such payment shall not be made on such scheduled date but shall be made on the next succeeding Business Day with the same force and effect as if made on such scheduled date, and if such payment is made on such next succeeding Business Day, no interest shall accrue on the amount of such payment during from and after such extensionscheduled date.

Form of Equipment Notes. The Equipment Notes shall be substantially in the form set forth below: THIS EQUIPMENT NOTE HAS NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR PURSUANT TO THE SECURITIES LAWS OF ANY STATE. ACCORDINGLY, THIS EQUIPMENT NOTE MAY NOT BE SOLD UNLESS EITHER REGISTERED UNDER THE ACT AND SUCH APPLICABLE STATE LAWS OR AN EXEMPTION FROM SUCH REGISTRATIONS IS AVAILABLE. ▇▇▇▇▇ FARGO BANK NORTHWEST, NATIONAL ASSOCIATION, AS OWNER TRUSTEE UNDER TRUST AGREEMENT [___] DATED AS OF [_______________, 20___]. SERIES [_____] LIMITED RECOURSE EQUIPMENT NOTE DUE [____] ISSUED IN CONNECTION WITH THE BOEING MODEL [_______] AIRCRAFT BEARING UNITED STATES REGISTRATION NUMBER N[_____]. No. ____ Date: [ [__________, 20____] $_____________________ INTEREST RATE MATURITY DATE ------------- ------------- [____________] [____________] ▇▇▇▇▇ FARGO BANK NORTHWEST, NATIONAL ASSOCIATION, not in its individual capacity but solely as Owner Trustee (herein in such capacity called the "Owner Trustee") under that certain Trust Agreement [___], dated as of [____________, 20___], between the Owner Participant named therein and ▇▇▇▇▇ Fargo Bank Northwest, National Association (herein as such Trust Agreement may be supplemented or amended from time to time called the "Trust Agreement"), hereby promises to pay to __________________, or the registered assignee thereof, the principal sum of $____________ (the "Original Amount"), together with interest on the amount of the Original Amount remaining unpaid from time to time (calculated on the basis of a year of 360 days comprised of twelve 30-day months) from the date hereof until paid in full at a rate per annum equal to the Debt Rate. The Original Amount of this Equipment Note shall be [payable in installments on the dates set forth in Schedule I hereto equal to the corresponding percentage of the Original Amount of this Equipment Note set forth in Schedule I hereto.] [paid in full on ____________.] Accrued but unpaid interest shall be due and payable in semiannual installments commencing on [_____________], 20_[__], and thereafter on [_______] and [_______] of each year, to and including [_______________]. Notwithstanding the foregoing, the final payment made on this Equipment Note shall be in an amount sufficient to discharge in full the unpaid Original Amount and all accrued and unpaid interest on, and any other amounts due under, this Equipment Note. Notwithstanding anything to the contrary contained herein, if any date on which a payment under this Equipment Note becomes due and payable is not a Business Day, then such payment shall not be made on such scheduled date but shall be made on the next succeeding Business Day and if such payment is made on such next succeeding Business Day, no interest shall accrue on the amount of such payment during such extension.

Form of Equipment Notes. The Equipment Notes shall be substantially in the form set forth below: THIS EQUIPMENT NOTE HAS NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR PURSUANT TO THE SECURITIES LAWS OF ANY STATE. ACCORDINGLY, THIS EQUIPMENT NOTE MAY NOT BE SOLD UNLESS EITHER REGISTERED UNDER THE ACT AND SUCH APPLICABLE STATE LAWS OR AN EXEMPTION FROM SUCH REGISTRATIONS IS AVAILABLE. ▇▇▇▇▇ FARGO BANK NORTHWESTFIRST SECURITY BANK, NATIONAL ASSOCIATION, AS OWNER TRUSTEE UNDER TRUST AGREEMENT [___] _ DATED AS OF [_______________, 20199___]. SERIES [_____] LIMITED RECOURSE EQUIPMENT NOTE DUE [____] ISSUED IN CONNECTION WITH THE BOEING MODEL [_______] _ AIRCRAFT BEARING UNITED STATES REGISTRATION NUMBER N[_____]. No. ____ Date: [ __________, 20199____ ] $_____________________ ----------------------- INTEREST RATE MATURITY DATE ------------- ------------- [____________-----------] [____________------------] ▇▇▇▇▇ FARGO BANK NORTHWESTFIRST SECURITY BANK, NATIONAL ASSOCIATION, not in its individual capacity but solely as Owner Trustee (herein in such capacity called the "Owner Trustee") under that certain Trust Agreement [___], dated as of [____________, 20199___], between the Owner Participant named therein and ▇▇▇▇▇ Fargo Bank NorthwestFirst Security Bank, National Association (herein as such Trust Agreement may be supplemented or amended from time to time called the "Trust Agreement"), hereby promises to pay to __________________, or the registered assignee thereof, the principal sum of $____________ (the "Original Amount"), together with interest on the amount of the Original Amount remaining unpaid from time to time (calculated on the basis of a year of 360 days comprised of twelve 30-day months) from the date hereof until paid in full at a rate per annum equal to the Debt Rate. The Original Amount of this Equipment Note shall be [payable in installments on the dates set forth in Schedule I hereto equal to the corresponding percentage of the Original Amount of this Equipment Note set forth in Schedule I hereto.] [paid in full on ____________.] . Accrued but unpaid interest shall be due and payable in semiannual installments commencing on [_____________, 20199___], and thereafter on [_______] April 1 and [_______] October 1 of each year, to and including [_______________]. Notwithstanding the foregoing, the final payment made on this Equipment Note shall be in an amount sufficient to discharge in full the unpaid Original Amount and all accrued and unpaid interest on, and any other amounts due under, this Equipment Note. Notwithstanding anything to the contrary contained herein, if any date on which a payment under this Equipment Note becomes due and payable is not a Business Day, then such payment shall not be made on such scheduled date but shall be made on the next succeeding Business Day and if such payment is made on such next succeeding Business Day, no interest shall accrue on the amount of such payment during such extension.

Form of Equipment Notes. The Equipment Notes shall be substantially in the form set forth below: THIS EQUIPMENT NOTE HAS NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED (THE "“ACT"”), OR PURSUANT TO THE SECURITIES LAWS OF ANY STATESTATE OR OTHER JURISDICTION. ACCORDINGLY, THIS EQUIPMENT NOTE MAY NOT BE OFFERED FOR SALE OR SOLD UNLESS EITHER REGISTERED UNDER THE ACT AND SUCH APPLICABLE STATE OR OTHER LAWS OR AN EXEMPTION FROM SUCH REGISTRATIONS REGISTRATION REQUIREMENTS IS AVAILABLE. ▇▇▇▇▇ FARGO BANK NORTHWESTIN ADDITION, NATIONAL ASSOCIATIONTHIS EQUIPMENT NOTE IS SUBJECT TO RESTRICTIONS ON TRANSFER PURSUANT TO THE PARTICIPATION AGREEMENT REFERRED TO HEREIN. AMERICAN AIRLINES, AS OWNER TRUSTEE UNDER TRUST AGREEMENT INC. SERIES 2019-1 [___][▇▇▇.▇▇.] DATED AS OF EQUIPMENT NOTE DUE _______ __, 20__ ISSUED IN CONNECTION WITH THE [AIRBUS] [BOEING] [EMBRAER] MODEL [MODEL] (GENERIC MODEL [GENERIC MODEL]) AIRCRAFT BEARING UNITED STATES REGISTRATION NUMBER [REG. NO.] No.____ Date: [_______________, 20___]. SERIES [_____] LIMITED RECOURSE EQUIPMENT NOTE DUE [____] ISSUED IN CONNECTION WITH THE BOEING MODEL [_______] AIRCRAFT BEARING UNITED STATES REGISTRATION NUMBER N[_____]. No. ____ Date: [ __________, 20_,__] $________________ DEBT RATE MATURITY DATE [______ INTEREST RATE MATURITY DATE ------------- ------------- []% ____________] [____________] ▇▇▇▇▇ FARGO BANK NORTHWEST, NATIONAL ASSOCIATION, not in its individual capacity but solely as Owner Trustee (herein in such capacity called the "Owner Trustee") under that certain Trust Agreement [___], dated as of [__________ ___, 20___]_ AMERICAN AIRLINES, between INC. (together with its successors and permitted assigns, the Owner Participant named therein and ▇▇▇▇▇ Fargo Bank Northwest, National Association (herein as such Trust Agreement may be supplemented or amended from time to time called the "Trust Agreement"), “Company”) hereby promises to pay to __________________, or the registered assignee thereof, the principal sum amount of $________________ Dollars (the "Original Amount"), together with interest $_________) [on __________]8 [in installments on the Payment Dates set forth in Schedule I hereto, each 8 To be inserted in non-installment Equipment Notes. Indenture and Security Agreement (American Airlines 2019-1 Aircraft EETC) [Reg. No.] such installment to be in an amount computed by multiplying the original principal amount of this Equipment Note by the Original Amount percentage set forth in Schedule I hereto opposite the Payment Date on which such installment is due,]9 and to pay, on each Payment Date, interest in arrears on the principal amount remaining unpaid from time to time from the date hereof, or from the most recent date to which interest hereon has been paid or duly provided for, until paid in full at a rate per annum (calculated on the basis of a year of 360 days comprised of twelve 30-day months) from the date hereof until paid in full at a rate per annum equal to the Debt Rate. The Original Amount of this Equipment Note shall be [payable in installments on the dates set forth in Schedule I hereto equal to the corresponding percentage of the Original Amount of this Equipment Note set forth in Schedule I hereto.] [paid in full on ____________.] Accrued but unpaid interest shall be due and payable in semiannual installments commencing on [_____________, 20___], and thereafter on [_______] and [_______] of each year, to and including [_______________]Rate shown above. Notwithstanding the foregoing, the final payment made on this Equipment Note shall be in an amount sufficient to discharge in full the unpaid Original Amount principal amount and all accrued and unpaid interest on, and any other amounts due under, this Equipment Note. Notwithstanding anything to the contrary contained herein, if any date on which a payment under this Equipment Note becomes due and payable is not a Business Day, then such payment shall not be made on such scheduled date but shall be made on the next succeeding Business Day with the same force and effect as if made on such scheduled date, and if such payment is made on such next succeeding Business Day, no interest shall accrue on the amount of such payment during from and after such extensionscheduled date.

Form of Equipment Notes. The Equipment Notes shall be substantially in the form set forth below: THIS EQUIPMENT NOTE HAS NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR PURSUANT TO THE SECURITIES LAWS OF ANY STATE. ACCORDINGLY, THIS EQUIPMENT NOTE MAY NOT BE SOLD UNLESS EITHER REGISTERED UNDER THE ACT AND SUCH APPLICABLE STATE LAWS OR AN EXEMPTION FROM SUCH REGISTRATIONS IS AVAILABLE. ▇▇▇▇▇ FARGO BANK NORTHWESTFIRST SECURITY BANK, NATIONAL ASSOCIATION, AS OWNER TRUSTEE UNDER TRUST AGREEMENT [___] DATED AS OF [_______________, 20___]. SERIES [_____] LIMITED RECOURSE EQUIPMENT NOTE DUE [____] ISSUED IN CONNECTION WITH THE BOEING MODEL [_______] AIRCRAFT BEARING UNITED STATES REGISTRATION NUMBER N[_____]. No. ____ Date: [ __________, 20____ ] $_____________________ INTEREST RATE MATURITY DATE ------------- ------------- [_____________] [____________] ▇▇▇▇▇ FARGO BANK NORTHWESTFIRST SECURITY BANK, NATIONAL ASSOCIATION, not in its individual capacity but solely as Owner Trustee (herein in such capacity called the "Owner Trustee") under that certain Trust Agreement [___], dated as of [____________, 20___], between the Owner Participant named therein and ▇▇▇▇▇ Fargo Bank NorthwestFirst Security Bank, National Association (herein as such Trust Agreement may be supplemented or amended from time to time called the "Trust Agreement"), hereby promises to pay to __________________, or the registered assignee thereof, the principal sum of $____________ (the "Original Amount"), together with interest on the amount of the Original Amount remaining unpaid from time to time (calculated on the basis of a year of 360 days comprised of twelve 30-day months) from the date hereof until paid in full at a rate per annum equal to the Debt Rate. The Original Amount of this Equipment Note shall be [payable in installments on the dates set forth in Schedule I hereto equal to the corresponding percentage of the Original Amount of this Equipment Note set forth in Schedule I hereto.] [paid in full -------------------- Not included in Series A-2 or Series C-2 Equipment Notes. on ____________.] Accrued but unpaid interest shall be due and payable in semiannual installments commencing on [_____________, 20___], and thereafter on [_______] and [_______] of each year, to and including [_______________]. Notwithstanding the foregoing, the final payment made on this Equipment Note shall be in an amount sufficient to discharge in full the unpaid Original Amount and all accrued and unpaid interest on, and any other amounts due under, this Equipment Note. Notwithstanding anything to the contrary contained herein, if any date on which a payment under this Equipment Note becomes due and payable is not a Business Day, then such payment shall not be made on such scheduled date but shall be made on the next succeeding Business Day and if such payment is made on such next succeeding Business Day, no interest shall accrue on the amount of such payment during such extension.

Form of Equipment Notes. The Equipment Notes shall be substantially in the form set forth below: THIS EQUIPMENT NOTE HAS NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR PURSUANT TO THE SECURITIES LAWS OF ANY STATE. ACCORDINGLY, THIS EQUIPMENT NOTE MAY NOT BE SOLD UNLESS EITHER REGISTERED UNDER THE ACT AND SUCH APPLICABLE STATE LAWS OR AN EXEMPTION FROM SUCH REGISTRATIONS IS AVAILABLE. ▇▇▇▇▇ FARGO BANK NORTHWESTFIRST SECURITY BANK, NATIONAL ASSOCIATION, AS OWNER TRUSTEE UNDER TRUST AGREEMENT [___] DATED AS OF [_______________, 20___]. SERIES [_____] LIMITED RECOURSE EQUIPMENT NOTE DUE [____] ISSUED IN CONNECTION WITH THE BOEING MODEL [_______] AIRCRAFT BEARING UNITED STATES REGISTRATION NUMBER N[_____]. No. ____ Date: [ [__________, 20____] $_____________________ INTEREST RATE MATURITY DATE ------------- ------------- [____________] [____________] ▇▇▇▇▇ FARGO BANK NORTHWESTFIRST SECURITY BANK, NATIONAL ASSOCIATION, not in its individual capacity but solely as Owner Trustee (herein in such capacity called the "Owner Trustee") under that certain Trust Agreement [___], dated as of [____________, 20___], between the Owner Participant named therein and ▇▇▇▇▇ Fargo Bank NorthwestFirst Security Bank, National Association (herein as such Trust Agreement may be supplemented or amended from time to time called the "Trust Agreement"), hereby promises to pay to __________________, or the registered assignee thereof, the principal sum of $____________ (the "Original Amount"), together with interest on the amount of the Original Amount remaining unpaid from time to time (calculated on the basis of a year of 360 days comprised of twelve 30-day months) from the date hereof until paid in full at a rate per annum equal to the Debt Rate. The Original Amount of this Equipment Note shall be [payable in installments on the dates set forth in Schedule I hereto equal to the corresponding percentage of the Original Amount of this Equipment Note set forth in Schedule I hereto.] [paid in full on ____________.] Accrued but unpaid interest shall be due and payable in semiannual installments commencing on [_____________], 20_[__], and thereafter on [_______] and [_______] of each year, to and including [_______________]. Notwithstanding the foregoing, the final payment made on this Equipment Note shall be in an amount sufficient to discharge in full the unpaid Original Amount and all accrued and unpaid interest on, and any other amounts due under, this Equipment Note. Notwithstanding anything to the contrary contained herein, if any date on which a payment under this Equipment Note becomes due and payable is not a Business Day, then such payment shall not be made on such scheduled date but shall be made on the next succeeding Business Day and if such payment is made on such next succeeding Business Day, no interest shall accrue on the amount of such payment during such extension.

Form of Equipment Notes. The Equipment Notes shall be substantially in the form set forth below: THIS EQUIPMENT NOTE HAS NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR PURSUANT TO THE SECURITIES LAWS OF ANY STATE. ACCORDINGLY, THIS EQUIPMENT NOTE MAY NOT BE SOLD UNLESS EITHER REGISTERED UNDER THE ACT AND SUCH APPLICABLE STATE LAWS OR AN EXEMPTION FROM SUCH REGISTRATIONS IS AVAILABLE. ▇▇▇▇▇ FARGO BANK NORTHWESTCONTINENTAL AIRLINES, NATIONAL ASSOCIATION, AS OWNER TRUSTEE UNDER TRUST AGREEMENT [___] DATED AS OF [_______________, 20___]INC. SERIES [_____] LIMITED RECOURSE EQUIPMENT NOTE DUE [____] ISSUED IN CONNECTION WITH THE BOEING MODEL [_______] AIRCRAFT BEARING UNITED STATES REGISTRATION NUMBER N[_____]. No. ____ Date: [ [__________, 20____] $_______________________ INTEREST RATE MATURITY DATE ------------- ------------- [____________] [____________] ▇▇▇▇▇ FARGO BANK NORTHWESTCONTINENTAL AIRLINES, NATIONAL ASSOCIATIONINC., not in its individual capacity but solely as Owner Trustee a Delaware corporation (herein in such capacity called the "Owner Trustee") under that certain Trust Agreement [___], dated as of [____________, 20___], between the Owner Participant named therein and ▇▇▇▇▇ Fargo Bank Northwest, National Association (herein as such Trust Agreement may be supplemented or amended from time to time called the "Trust AgreementOwner"), hereby promises to pay to __________________, or the registered assignee thereof, the principal sum of $____________ (the "Original Amount"), together with interest on the amount of the Original Amount remaining unpaid from time to time (calculated on the basis of a year of 360 days comprised of twelve 30-day months) from the date hereof until paid in full at a rate per annum equal to the Debt Rate. The Original Amount of this Equipment Note shall be [payable in installments on the dates set forth in Schedule I hereto equal to the corresponding percentage of the Original Amount of this Equipment Note set forth in Schedule I hereto.] [paid in full on ____________.] Accrued but unpaid interest shall be due and payable in semiannual installments commencing on [______, _______, _ 20___], ,] and thereafter on [_______] and [_______] of each year, to and including [_______________]. .] Notwithstanding the foregoing, the final payment made on this Equipment Note shall be in an amount sufficient to discharge in full the unpaid Original Amount and all accrued and unpaid interest on, and any other amounts due under, this Equipment Note. Notwithstanding anything to the contrary contained herein, if any date on which a payment under this Equipment Note becomes due and payable is not a Business Day, then such payment shall not be made on such scheduled date but shall be made on the next succeeding Business Day and if such payment is made on such next succeeding Business Day, no interest shall accrue on the amount of such payment during such extension.

Form of Equipment Notes. The Equipment Notes shall be substantially in the form set forth below: THIS EQUIPMENT NOTE HAS NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR PURSUANT TO THE SECURITIES LAWS OF ANY STATE. ACCORDINGLY, THIS EQUIPMENT NOTE MAY NOT BE SOLD UNLESS EITHER REGISTERED UNDER THE ACT AND SUCH APPLICABLE STATE LAWS OR AN EXEMPTION FROM SUCH REGISTRATIONS IS AVAILABLE. ▇▇▇▇▇ FARGO BANK NORTHWESTFIRST SECURITY BANK, NATIONAL ASSOCIATION, AS OWNER TRUSTEE UNDER TRUST AGREEMENT [___] DATED AS OF [_______________, 20__199_]. SERIES [_____] LIMITED RECOURSE EQUIPMENT NOTE DUE [____] ISSUED IN CONNECTION WITH THE BOEING MODEL [_______] AIRCRAFT BEARING UNITED STATES REGISTRATION NUMBER N[_____]. No. ____ Date: [ [__________, 20____] $_____________________ INTEREST RATE MATURITY DATE ------------- ------------- [____________] [____________] ▇▇▇▇▇ FARGO BANK NORTHWESTFIRST SECURITY BANK, NATIONAL ASSOCIATION, not in its individual capacity but solely as Owner Trustee (herein in such capacity called the "Owner Trustee") under that certain Trust Agreement [___], dated as of [____________, 20__199_], between the Owner Participant named therein and ▇▇▇▇▇ Fargo Bank NorthwestFirst Security Bank, National Association (herein as such Trust Agreement may be supplemented or amended from time to time called the "Trust Agreement"), hereby promises to pay to __________________, or the registered assignee thereof, the principal sum of $____________ (the "Original Amount"), together with interest on the amount of the Original Amount remaining unpaid from time to time (calculated on the basis of a year of 360 days comprised of twelve 30-day months) from the date hereof until paid in full at a rate per annum equal to the Debt Rate. The Original Amount of this Equipment Note shall be [payable in installments on the dates set forth in Schedule I hereto equal to the corresponding percentage of the Original Amount of this Equipment Note set forth in Schedule I hereto.] [paid in full on ____________.] . Accrued but unpaid interest shall be due and payable in semiannual installments commencing on [_____________], 20__199[_], and thereafter on [_______] and [_______] of each year, to and including [_______________]. Notwithstanding the foregoing, the final payment made on this Equipment Note shall be in an amount sufficient to discharge in full the unpaid Original Amount and all accrued and unpaid interest on, and any other amounts due under, this Equipment Note. Notwithstanding anything to the contrary contained herein, if any date on which a payment under this Equipment Note becomes due and payable is not a Business Day, then such payment shall not be made on such scheduled date but shall be made on the next succeeding Business Day and if such payment is made on such next succeeding Business Day, no interest shall accrue on the amount of such payment during such extension.

Form of Equipment Notes. The Equipment Notes shall be substantially in the form set forth below: THIS EQUIPMENT NOTE HAS NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR PURSUANT TO THE SECURITIES LAWS OF ANY STATE. ACCORDINGLY, THIS EQUIPMENT NOTE MAY NOT BE SOLD UNLESS EITHER REGISTERED UNDER THE ACT AND SUCH APPLICABLE STATE LAWS OR AN EXEMPTION FROM SUCH REGISTRATIONS IS AVAILABLE. ▇▇▇▇▇ FARGO BANK NORTHWESTAVAILABLE FIRST SECURITY BANK, NATIONAL ASSOCIATION, NOT IN ITS INDIVIDUAL CAPACITY BUT SOLELY AS OWNER TRUSTEE UNDER TRUST AGREEMENT [___] ATA 2000-1 DATED AS OF [_______________, 20___]. _ SERIES [_____] LIMITED NON-RECOURSE EQUIPMENT NOTE DUE [____] ISSUED IN CONNECTION WITH THE BOEING MODEL [757-200ER AIRCRAFT BEARING MANUFACTURER'S SERIAL NUMBER _____ AND UNITED STATES REGISTRATION NUMBER N___AT No._______] AIRCRAFT BEARING UNITED STATES REGISTRATION NUMBER N[_____]. No. ____ Date: [ __________, 20___] $_____________________ INTEREST RATE MATURITY DATE ------------- ------------- Date: [_______] MATURITY DATE [______] [_______, _____] ▇▇▇▇▇ FARGO BANK NORTHWESTFIRST SECURITY BANK, NATIONAL ASSOCIATION, not in its individual capacity but solely as Owner Trustee (herein in such capacity called the "Owner Trustee") under that certain Trust Agreement [___]N___AT, dated as of [____________, 20___]_, between the Owner Participant named therein and ▇▇▇▇▇ Fargo Bank Northwest, National Association the Owner Trustee (herein as such Trust Agreement may be supplemented or amended from time to time called the "Trust Agreement"), hereby promises to pay to __________________, or the registered assignee thereof, the principal sum of $____________ (the "Original Amount"), together with interest on the amount of the Original Amount remaining unpaid from time to time (calculated on the basis of a year of 360 days comprised and payable for the actual number of twelve 30-days elapsed (including the first day monthsbut excluding the last day)) from the date hereof until paid in full at a rate per annum equal to the Debt Rate. The Original Amount of this Equipment Note shall be [payable in installments on the dates set forth in Schedule I hereto equal to the corresponding percentage of the Original Amount of this Equipment Note set forth in Schedule I hereto.] [paid in full on ____________.] . Accrued but unpaid interest shall be due and payable in semiannual quarterly installments commencing on [_____________, 20___]_, and thereafter on [January 15, April 15 and July 15, October 15 of each year, to and including _______] and [, _______] of each year, to and including [_______________]. Notwithstanding the foregoing, the final payment made on this Equipment Note shall be in an amount sufficient to discharge in full the unpaid Original Amount and all accrued and unpaid interest on, and any other amounts due under, this Equipment Note. Notwithstanding anything to the contrary contained herein, if any date on which a payment under this Equipment Note becomes due and payable is not a Business Day, Day then such payment shall not be made on such scheduled date but shall be made on the next succeeding Business Day and if such payment is made on such next succeeding Business Day, no interest shall accrue on the amount of such payment during such extension.