Common use of Payments to the Owner Clause in Contracts

Payments to the Owner. Any amounts distributed hereunder by the Loan Trustee to the Owner shall be paid to the Owner (within the time limits contemplated by Section 2.03) by wire transfer of funds of the type received by the Loan Trustee at such office and to such account or accounts of such entity or entities as shall be designated by notice from the Owner to the Loan Trustee from time to time. Indenture and Security Agreement

Appears in 1 contract

Sources: Indenture and Security Agreement (Latam Airlines Group S.A.)

Payments to the Owner. Any amounts distributed hereunder by the Loan Trustee to the Owner shall be paid to the Owner (within the time limits contemplated by Section 2.03) by wire transfer of funds of the type received by the Loan Trustee at such office and to such account or accounts of such entity or entities as shall be designated by notice from the Owner to the Loan Trustee from time to time. Indenture and Security Agreement.

Appears in 1 contract

Sources: Indenture and Security Agreement (Latam Airlines Group S.A.)