Allocated To definition
Examples of Allocated To in a sentence
As a condition to any purchase of an Aircraft pursuant to the foregoing, the outstanding principal and interest on the Notes Allocated To such Aircraft, together with all other amounts then due and payable hereunder and under the other Operative Documents, shall have been (or shall concurrently be) paid in full.
Any voluntary prepayment of principal on a Loan (including any prepayment associated with a Disposition) (A) in the case of a partial prepayment, shall be applied in inverse order of maturity for the Loan Allocated To the Aircraft subject to the prepayment and (B) shall be accompanied by (i) interest on the amount prepaid through the date of prepayment plus (ii) Breakage Loss, if any, plus (ii) the Prepayment Fee, if applicable.
Such revised schedules shall be prepared on the same basis as the schedules prepared in accordance with the Facility Agreement to reflect that the payment of Basic Rent and Note Value with respect to such Aircraft under this Lease shall each be in an amount which is sufficient to repay the Notes Allocated To such Aircraft and interest thereon under the Facility Agreement.
Such revised schedules shall be prepared on the same basis as the schedules prepared in accordance with the Note Purchase Agreement to reflect that the payment of Basic Rent and Note Value with respect to such Aircraft under this Lease shall each be in an amount which is sufficient to repay the Notes Allocated To such Aircraft and interest thereon under the Note Purchase Agreement.