Common use of Receipt Distribution and Application of Payments Clause in Contracts

Receipt Distribution and Application of Payments. (a) Section 3.01(iii) is amended by (i) deleting each reference therein to “Additional Series Equipment Notes” and substituting in lieu thereof “Series B Equipment Notes”, (ii) deleting “Additional Series Equipment Note” and substituting in lieu thereof “Series B Equipment Note” and (iii) deleting “Additional Series” and substituting in lieu thereof “Series B”. (b) Section 3.02 is amended by (i) deleting “Additional Series Equipment Notes” in subclause (iii) of clause Second and substituting in lieu thereof “Series B Equipment Notes”, (ii) deleting “Related Additional Series Equipment Notes” in subclause (iii) of clause Third and substituting in lieu thereof “Related Series B Equipment Notes” and (iii) inserting in the second proviso following clause Fourth after “Section 2.11(b)” the following: “or Section 2.11(c)”. (c) Section 3.03 is amended by (i) deleting each reference to “Additional Series Equipment Notes” in subclause (iii) of clause Third and inserting in lieu thereof “Series B Equipment Notes”, (ii) deleting “Related Additional Series Equipment Notes” in subclause (iii) of clause Third and inserting in lieu thereof “Related Series B Equipment Notes” and (iii) deleting “Note Holders of Additional Series” in subclause (iii) of clause Third and inserting in lieu thereof “Note Holders of Series B”.