Common use of Replacement of Borrower Clause in Contracts

Replacement of Borrower. Subject to Section 5.2(b), from time to time, upon the effective date and time specified in a written and completed Notice of Replacement Borrower in substantially the form of Annex III attached hereto (a "Notice of Replacement Borrower") delivered to the Liquidity Provider by the then Borrower, the successor Borrower designated therein shall be substituted for as the Borrower for all purposes hereunder.

Appears in 7 contracts

Sources: Irrevocable Revolving Credit Agreement (America West Airlines Inc), Irrevocable Revolving Credit Agreement (Midway Airlines Corp), Irrevocable Revolving Credit Agreement (Midway Airlines Corp)

Replacement of Borrower. Subject to Section 5.2(b), from time to time, upon the effective date and time specified in a written and completed Notice of Replacement Borrower in substantially the form of Annex III IV attached hereto (a "Notice of Replacement Borrower") delivered to the Liquidity Provider by the then Borrower, the successor Borrower designated therein shall be substituted for as the Borrower for all purposes hereunder.

Appears in 3 contracts

Sources: Irrevocable Revolving Credit Agreement (America West Airlines Inc), Irrevocable Revolving Credit Agreement (America West Airlines Inc), Irrevocable Revolving Credit Agreement (America West Airlines Inc)

Replacement of Borrower. Subject to Section 5.2(b), from From time to time, upon the effective date and time specified in a written and completed Notice of Replacement Borrower in substantially the form of Annex III IV attached hereto (a "Notice of Replacement Borrower") delivered to the Liquidity Provider by the then Borrower, the successor Borrower designated therein shall be substituted for as the Borrower for all purposes hereunder.

Appears in 2 contracts

Sources: Irrevocable Revolving Credit Agreement (Northwest Airlines Corp), Irrevocable Revolving Credit Agreement (Northwest Airlines Corp)

Replacement of Borrower. Subject to Section 5.2(b5.02(b), from time to time, upon the effective date and time specified in a written and completed Notice of Replacement Borrower in substantially the form of Annex III attached hereto (a "Notice of Replacement Borrower") delivered to the Liquidity Provider by the then Borrower, the successor Borrower designated therein shall be substituted for as the Borrower for all purposes hereunder.

Appears in 2 contracts

Sources: Irrevocable Revolving Credit Agreement (Federal Express Corp), Irrevocable Revolving Credit Agreement (Federal Express Corp)

Replacement of Borrower. Subject to Section 5.2(b), from time to time, upon the effective date and time specified in a written and completed Notice of Replacement Borrower in substantially the form of Annex III attached hereto (a "Notice of Replacement Borrower") delivered to the Liquidity Provider by the then Borrower, the successor Borrower designated therein shall be substituted for as the Borrower for all purposes hereunder.the

Appears in 1 contract

Sources: Irrevocable Revolving Credit Agreement (America West Airlines Inc)