Series 20021 Note Commitment Termination Date

Series 20021 Note Commitment Termination Date. June 30, 2004 or such later date to which the Series 2002-1 Note Commitment Termination Date may be extended, if extended, in the sole discretion of the Series 2002-1 Noteholders, upon the request of the Issuer, in accordance with the terms of Section 2.1(c) of the Note Purchase Agreement; provided, that no such extension of the Series 2002-1 Note Commitment Termination Date shall be effective unless the Series Enhancer, in its sole discretion, shall have consented in writing to such extension,... or, if earlier, (i) such date, if any, as 1 shall be specified by the Series Enhancer or the Deal Agent as the Series 2002-1 Note Commitment Termination Date in a written notice sent to the Issuer on or prior to January 15, 2004, in the event the auditors appointed by the Series Enhancer to conduct the annual audit commencing in December 2003 discover any material problems, as determined by the Series Enhancer or the Deal Agent, as the case may be, in its commercially reasonable judgement, (ii) the Facility Note Termination Date as defined in the Note Purchase Agreement, or (iii) the LP Commitment Termination Date; provided, however, if the Head Lessee shall not have acquired on or before January 15, 2004 additional Eligible Compressors having an aggregate Appraised Value such that no Overcollateralization Event or Net Revenue Event shall occur or exist as a result of the depreciation of all Eligible Compressors, and the Aggregate Note Principal Balance shall not exceed 97% of the Asset Base, in each case, as of each of the six (6) successive Determination Dates commencing on January 15, 2004, the Series 2002-1 Note Commitment Termination Date shall be January 15, 2004. View More

Series 20021 Note Commitment Termination Date. (iii) the LP Commitment Termination Date; provided, however, if the Head Lessee shall not have acquired on or before January 15, 2004 additional Eligible Compressors having an aggregate Appraised Value such that no Overcollateralization Event or Net Revenue Event shall occur or exist as a result of the depreciation of all Eligible Compressors, and the Aggregate Note Principal Balance shall not exceed 99.5% of the Asset Base, in each case, as of each of the six (6) successive Determination Dates... commencing on January 15, 2004, the Series 2002-1 Note Commitment Termination Date shall be January 15, 2004. View More

Series 20021 Note Commitment Termination Date. August 31, 2005 or such later date to which the Series 2002-1 Note Commitment Termination Date may be extended, if extended, in the sole discretion of the Series 2002-1 Noteholders, upon the request of the Issuer, in accordance with the terms of Section 2.1(c) of the Note Purchase Agreement; provided, that no such extension of the Series 2002-1 Note Commitment Termination Date shall be effective unless the Series Enhancer, in its sole discretion, shall have consented in writing to such... extension. View More