Common use of Principal Amortization Clause in Contracts

Principal Amortization. The Loan shall amortize, and Annex A for the Loan Certificate (and the related Schedule 1 of the Mortgage Supplement for the Designated Aircraft) shall be calculated, based on a mortgage-style (level payments of principal and interest) methodology utilizing the Fixed Rate for the Loan Certificate, with the original principal amount thereof amortizing [**] on a monthly basis in arrears on each Interest Payment Date (the first such amortizing payment to be made on the first Interest Payment Date next following the Funding Date and the final such installment falling due on the 96th Interest Payment Date) [**] — Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. following the Funding Date. The Loan Participant and the Borrower agree that the aggregate principal amount of each such installment shall be as set forth on the amortization schedule attached as Schedule 3 hereto. The Loan Participant shall determine the Annex A for the Loan Certificate on the basis specified in this Section 3(a) and shall confirm such proposed schedules with the Borrower.

Principal Amortization. The Loan shall amortize, and Annex A for the Loan Certificate (and the related Schedule 1 of the Mortgage Supplement for the Designated Aircraft) shall be calculated, based on a mortgage-style (level payments of principal and interest) methodology utilizing the Fixed Rate for the Loan Certificate, with the original principal amount thereof amortizing [**] on a monthly basis in arrears on each Interest Payment Date (the first such amortizing payment to be made on the first Interest Payment Date next following the Funding Date and the final such installment falling due on the 96th Interest Payment Date) [**] — Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. following the Funding Date. The Loan Participant and the Borrower agree that the aggregate principal amount of each such installment shall be as set forth on the amortization schedule attached as Schedule 3 hereto. The Loan Participant shall determine the Annex A for the Loan Certificate on the basis specified in this Section 3(a) and shall confirm such proposed schedules with the Borrower.