Common use of Issuance and Terms of Secured Certificates Clause in Contracts

Issuance and Terms of Secured Certificates. The Secured Certificates shall be dated the date of issuance thereof, shall be issued in [four] [five -- option for A319's and 757's] separate series consisting of Series ▇-▇, ▇▇▇▇▇▇ ▇-▇, Series B [and] Series C [and Series D -- option for A319's and 757's] and in the maturities and principal amounts and shall bear interest as specified in Schedule I hereto. On the Delivery Date, each Secured Certificate shall be issued to the Pass Through Trustees (or their designee) under the Pass Through Agreements as set forth in Schedule II hereto. The Secured Certificates shall be issued in registered form only. The Secured Certificates shall be issued in denominations of $1,000 and integral multiples thereof, except that one Secured Certificate of each Series may be in an amount that is not an integral multiple of $1,000. Each Secured Certificate shall bear interest at the Debt Rate (calculated on the basis of a year of 360 days comprised of twelve 30-day months) on the unpaid Principal Amount thereof from time to time outstanding, payable in arrears on [April/October 1, ____], and on each [October 1] and [April 1] thereafter until maturity. The Principal Amount of each Series A-1, Series B [and] Series C [and Series D -- option for A319's and 757's] Secured Certificate shall be payable on the dates and in the installments equal to the corresponding percentage of the Principal Amount as set forth in Schedule I hereto applicable to such Series which shall be attached as Schedule I to the Series A-1, Series B [and] Series C [and Series D -- option for A319's and 757's] Secured Certificates. The Principal Amount of each Series A-2 Secured Certificate shall be due in a single payment on April 1, 2011. Notwithstanding the foregoing, the final payment made under each Series A-1, Series B [and] Series C [and Series D -- option for A319's and 757's] Secured Certificate shall be in an amount sufficient to discharge in full the unpaid Principal Amount and all accrued and unpaid interest on, and any other amounts due under, such Secured Certificate. Each Secured Certificate shall bear interest at the Past Due Rate (calculated on the basis of a year of 360 days comprised of twelve 30-day months) on any part of the Principal Amount, Make-Whole Amount, if any, and to the extent permitted by applicable law, interest and any other amounts payable thereunder not paid when due for any period during which the same shall be overdue, in each case for the period the same is overdue. Amounts shall be overdue if not paid when due (whether at stated maturity, by acceleration or otherwise). Notwithstanding anything to the contrary contained herein, if any date on which a payment under any Secured Certificate 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.

Issuance and Terms of Secured Certificates. The Secured Certificates shall be dated the date of issuance thereof, shall be issued in [fourfour -- 747's] [five -- option for A319's and 757's] separate series consisting of Series ▇-▇, ▇▇▇▇▇▇ ▇-▇, Series B [and] Series C [and Series D -- option for A319's and 757's] and in the maturities and principal amounts and shall bear interest as specified in Schedule I hereto. On the Delivery Closing Date, each Secured Certificate shall be issued to the Pass Through Trustees (or their designee) under the Pass Through Trust Agreements as set forth in on Schedule II hereto. The Secured Certificates shall be issued in registered form only. The Secured Certificates shall be issued in denominations of $1,000 and integral multiples thereof, except that one Secured Certificate of each Series may be in an amount that is not an integral multiple of $1,000. Each Secured Certificate shall bear interest at the Debt Rate (calculated on the basis of a year of 360 days comprised of twelve 30-day months) on the unpaid Principal Amount thereof from time to time outstanding, payable in arrears on [April/October 1, ______], and on each [October 1] and [April 1] thereafter until maturity. The Principal Amount of each Series A-1, Series B [and] Series C [and Series D -- option for A319's and 757's] Secured Certificate shall be payable on the dates and in the installments equal to the corresponding percentage of the Principal Amount as set forth in Schedule I hereto applicable to such Series which shall be attached as Schedule I to the Series A-1, Series B [and] Series C [and Series D -- option for A319's and 757's] Secured Certificates. The Principal Amount of each Series A-2 Secured Certificate shall be due in a single payment on April 1, 2011. Notwithstanding the foregoing, the final payment made under each Series A-1, Series B [and] Series C [and Series D -- option for A319's and 757's] Secured Certificate shall be in an amount sufficient to discharge in full the unpaid Principal Amount and all accrued and unpaid interest on, and any other amounts due under, such Secured Certificate. Each Secured Certificate shall bear interest at the Past Due Rate (calculated on the basis of a year of 360 days comprised of twelve 30-day months) on any part of the Principal Amount, Make-Whole Amount, if any, and to the extent permitted by applicable law, interest and any other amounts payable thereunder not paid when due for any period during which the same shall be overdue, in each case for the period the same is overdue. Amounts shall be overdue if not paid when due (whether at stated maturity, by acceleration or otherwise). Notwithstanding anything to the contrary contained herein, if any date on which a payment under any Secured Certificate 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. The Owner agrees to pay to the Indenture Trustee for distribution in accordance with Section 3.04 hereof the Owner's pro rata share of all amounts owed to the Liquidity Provider by the Subordination Agent under each Liquidity Facility other than amounts due as (i) repayments of the principal of advances thereunder, (ii) interest on Interest Drawings, Final Drawings, and Applied Downgrade Advances and Applied Non-Extension Advances (as defined in the Liquidity Facilities) under any Liquidity Facility except to the extent included in Net Interest and Related Charges, and (iii) fees payable to the Liquidity Provider payable (whether or not in fact paid) under Section 7(a) of the Note Purchase Agreement (as originally in effect or amended. As used in this Section, "Owner's pro rata share" means as of any time: (A) with respect to all amounts other than Net Interest and Related Charges, a fraction the numerator of which is the aggregate principal balance then outstanding of the Secured Certificates and the denominator of which is the aggregate principal balance then outstanding of all Equipment Notes, plus (B) with respect to all Net Interest and Related Charges (x) if there exists a Payment Default under any Secured Certificate a fraction, the numerator of which is the aggregate principal balance then outstanding of the Secured Certificates [(other than the Series D Secured Certificates) -- A319's and 757's] and the denominator of which is the aggregate principal balance then outstanding of all Equipment Notes (other than the Series D Equipment Notes) issued under Indentures under which there exists a Payment Default or (y) at all other times, zero.

Issuance and Terms of Secured Certificates. The Secured Certificates shall be dated the date of issuance thereof, shall be issued in up to [four] [five -- option for A319's and 757's/five/six] separate series consisting of [Series ▇-▇, ▇▇▇▇▇▇ ▇-▇G-1, Series B [and] G-2, Series C [C-1, Series C-2]24, Series D and Series D -- option for A319's and 757's] E25 and in the maturities and principal amounts and shall bear interest as specified in Schedule I heretohereto (or, in the case of Series E if issued after the Closing Date, dated such date and with such maturity, principal amount and interest rate as specified in an amendment to this Trust Indenture). On the Delivery Closing Date, each Secured Certificate shall be issued to the Pass Through Trustees (or their designee) under the Pass Through Trust Agreements as set forth in on Schedule II hereto. The Owner shall have the option to issue the Series E Secured Certificates at or after the Closing Date. The Secured Certificates shall be issued in registered form only. The Secured Certificates shall be issued in denominations of $1,000 and integral multiples thereof, except that one Secured Certificate of each Series may be in an amount that is not an integral multiple of $1,000. Each Secured Certificate shall bear interest interest, in the case of [Series G-1], [Series C-1] [and] Series D at the Debt Rate specified for each Interest Period for such Series, and in the case of [Series G-2] [and] [Series C-2] at the Debt Rate specified for such Series (in the case of the [Series G-1 Secured Certificates], [Series C-1 Secured Certificates] [and] Series D Secured Certificates, calculated on the basis of a year of 360 days comprised and actual days elapsed during the 24 There will be Secured Certificates of twelve 30-day months) on the unpaid Principal Amount thereof from time to time outstanding, payable in arrears on [April/October 1, ____], and on each [October 1] and [April 1] thereafter until maturity. The Principal Amount of each Series A-1G-1 and/or Series G-2, Series B [and] C-1 and/or Series C [C-2, and Series D -- option for A319's and 757's] Secured Certificate shall be payable on the dates and in the installments equal issued with respect to the corresponding percentage of the Principal Amount as set forth in Schedule I hereto applicable to such Series which shall be attached as Schedule I to the Series A-1, Series B [and] Series C [and Series D -- option for A319's and 757's] Secured Certificates. The Principal Amount of each Series A-2 Secured Certificate shall be due in a single payment on April 1, 2011. Notwithstanding the foregoing, the final payment made under each Series A-1, Series B [and] Series C [and Series D -- option for A319's and 757's] Secured Certificate shall be in an amount sufficient to discharge in full the unpaid Principal Amount and all accrued and unpaid interest on, and any other amounts due under, such Secured Certificate. Each Secured Certificate shall bear interest at the Past Due Rate (calculated on the basis of a year of 360 days comprised of twelve 30-day months) on any part of the Principal Amount, Make-Whole Amount, if any, and to the extent permitted by applicable law, interest and any other amounts payable thereunder not paid when due for any period during which the same shall be overdue, in each case for the period the same is overdue. Amounts shall be overdue if not paid when due (whether at stated maturity, by acceleration or otherwise). Notwithstanding anything to the contrary contained herein, if any date on which a payment under any Secured Certificate 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 extensionAircraft.