Persons entitled
- Korean Air Lease and Finance Co., LTD
Amount secured
The full and punctual performance of all the company's obligations to the chargee under the operative documents (as defined)
Short particulars
The deposit of us$2,403,000 and in respect of all payments to be made in dollars under the lease means funds which are for the same day settlement in new york clearing house interbank payments system (or such other U.S. dollar funds may at the relevant time be customary for the settlement of international banking transactions denominated in U.S. dollars).