Document:

Exhibit
4.19

 

	
  Date:

  	
  November 15, 2004

  
	
   

  	
   

  
	
  To:

  	
  Wilmington Trust Company

  
	
   

  	
   

  
	
  From:

  	
  Citibank, N.A.

  
	
   

  	
   

  
	
  Subject:

  	
  CLASS G – 2
  ABOVE CAP LIQUIDITY FACILITY CONFIRMATION

  

 

Reference Number:

 

Ladies and Gentlemen:

 

The purpose of this
letter agreement (this “Confirmation”) is to confirm the terms and
conditions of the Interest Rate Cap Transaction entered into on the Trade Date
referred to in Paragraph 2 below (the “Transaction”) between Citibank,
N.A. (“Party A”) and Wilmington Trust Company in its capacity as Subordination
Agent on behalf of the Trustee under the Pass Through Trust Agreement dated as
of the date hereof between Wilmington Trust Company and JetBlue Airways
Corporation, with respect to the JetBlue Airways Pass Through Trust, Series
2004–2G–2–O (“Party B”). This letter agreement constitutes a “Confirmation”
as referred to in the ISDA Master Agreement specified below.

 

1.                                       The
definitions and provisions contained in the 2000 ISDA Definitions and Annex to
the 2000 ISDA Definitions (June 2000 Version) as published by the
International Swaps and Derivatives Association, Inc. (as so supplemented, the “Definitions”)
are incorporated into this Confirmation. 
In the event of any inconsistency between the Definitions and this
Confirmation, this Confirmation will govern. 
References herein to a “Transaction” shall be deemed to be references to
a “Swap Transaction” for the purposes of the Definitions.

 

This Confirmation supplements,
forms a part of, and is subject to the 1992 ISDA Master Agreement
(Multicurrency – Cross Border) including the Schedule thereto, dated as of
November 15, 2004  as amended
and supplemented from time to time (collectively, the “Agreement”),
between us.  All provisions contained in
the Agreement govern this Confirmation except as modified below.  In the event of any inconsistency between the
Agreement and this Confirmation, this Confirmation will govern.  Capitalized terms not otherwise defined in
the Agreement or this Confirmation shall have the meanings ascribed to them in
the Intercreditor Agreement dated as of November 15, 2004  among Wilmington Trust Company, as Trustee under
the JetBlue Airways Pass Through Trust 2004–2G–1, JetBlue Airways Pass Through
Trust 2004–2G–2 and JetBlue Airways Pass Through Trust 2004–2C, Landesbank
Baden-Württemberg, as Class G–1 Primary
Liquidity Provider, Class G–2 Primary Liquidity Provider and Class C Primary
Liquidity Provider,  Citibank, N.A.
as Class G–1 Above-Cap Liquidity Provider, Class G–2 Above-Cap Liquidity
Provider and Class C Above-Cap Liquidity Provider, MBIA Insurance Corporation,
as Policy Provider, and Wilmington Trust Company, as Subordination Agent (the “Intercreditor
Agreement”). The Agreement and each Confirmation will be governed by and
construed in accordance with the laws of the State of New York.

 

Each of Party A and Party B
represents to the other that it has entered into this Transaction in reliance
upon such independent accounting, regulatory, legal, tax and financial advice
as it deems necessary and not upon any view expressed by the other.

 

1

 

2.                                       Party
A and Party B by this Confirmation are entering into a Transaction (the “Above
Cap Liquidity Facility”) that provides an irrevocable interest rate
cap.  The terms of the Above Cap
Liquidity Facility are as follows:

 

	
  General Terms:

  	
   

  
	
   

  	
   

  
	
  Transaction Type:

  	
  Interest Rate Cap Transaction

  
	
   

  	
   

  
	
  Notional Amount:

  	
  The Pool Balance for the Class
  G-2 Certificates from time to time. The Notional Amount as of any Floating
  Rate Payer Payment Date shall be determined before giving effect to any
  distributions on such Class G-2 Certificates on such Floating Rate Payer
  Payment Date.

  
	
   

  	
   

  
	
  Trade Date:

  	
  November 10, 2004

  
	
   

  	
   

  
	
  Effective Date:

  	
  November 15, 2004

  
	
   

  	
   

  
	
  Termination Date:

  	
  The first Business Day
  following the earlier of (i) May 15, 2018 and (ii) the date on which payment
  in full of Final Distributions with respect to the Class G-2 Certificates has
  been made.

  
	
   

  	
   

  
	
  Currency Unit:

  	
  USD

  
	
   

  	
   

  
	
  Business Day/Local Business Day:

  	
  “Business Day” as defined in the Intercreditor
  Agreement for all purposes under the Agreement.

  
	
   

  	
   

  
	
  Business Day Convention:

  	
  Following

  
	
   

  	
   

  
	
  Fixed Amounts:

  	
   

  
	
   

  	
   

  
	
  Fixed Amount Payer:

  	
  Party B

  
	
   

  	
   

  
	
  Fixed Amount Payer Payment Date:

  	
  Effective Date

  
	
   

  	
   

  
	
  Fixed Amount:

  	
  As set forth in a separate
  letter agreement between Party A and Party B.

  
	
   

  	
   

  
	
  Floating Amounts:

  	
   

  
	
   

  	
   

  
	
  Floating Rate Payer:

  	
  Party A

  
	
   

  	
   

  
	
  Floating Amount:

  	
  On each Floating Rate Payer
  Payment Date on which (i) the Floating Rate Option exceeds the Cap Rate and
  (ii) a Drawing Event (as defined below) has occurred, the Floating Amount
  shall be calculated as follows:

  
	
   

  	
   

  
	
   

  	
  In the event that either (a)
  the Available Amount under the Primary Liquidity Facility (before giving
  effect to any Interest Drawing to be made on such Payment Date) is greater
  than zero or (b) the amount on deposit in the Primary Cash Collateral 

  

 

2

 

	
   

  	
  Account (before giving effect
  to any withdrawals to be made from such account on such Payment Date) is
  greater than zero, the Floating Amount shall equal the Above-Cap Payment for
  such date. 

  
	
   

  	
   

  
	
   

  	
  In the event that both
  statements in clauses (a) and (b) above are not true, then the Floating
  Amount shall equal zero.

  
	
   

  	
   

  
	
  Period End Dates:

  	
  Each February 15, May 15,
  August 15 and November 15, commencing on February 15, 2005 and
  ending on the Termination Date, subject to adjustment in accordance with the
  Following Business Day Convention.

  
	
   

  	
   

  
	
  Floating Rate Payer Payment Dates:

  	
  Each day that is a Period End
  Date and any Special Distribution Date not coinciding with a Period End Date
  on which a distribution of interest is, by the terms of the Intercreditor
  Agreement, to be made on the Class G-2 Certificates.

  
	
   

  	
   

  
	
  Floating Rate Option:

  	
  USD-LIBOR-BBA; provided that, if the relevant rate does
  not appear on the Telerate Page 3750, the rate shall be “Three-Month LIBOR”
  as determined by the Loan Trustee in accordance with the definition of “Three-Month
  LIBOR” in Annex A to the Indentures; and provided
  further that the Floating Rate Option shall be deemed to equal the
  Cap Rate during such period as the Stated Interest Rate applicable to the
  Class G-2 Certificates is subject to the Capped Interest Rate pursuant to the
  proviso in the definition of “Stated Interest Rate” in the Intercreditor
  Agreement.

  
	
   

  	
   

  
	
  Cap Rate:

  	
  7%

  
	
   

  	
   

  
	
  Designated Maturity:

  	
  3-Month

  
	
   

  	
   

  
	
  Spread:

  	
  None

  
	
   

  	
   

  
	
  Floating Rate Day Count Fraction:

  	
  Actual/360

  
	
   

  	
   

  
	
  Reset Dates:

  	
  The first day of the relevant
  Calculation Period.

  
	
   

  	
   

  
	
  Compounding:

  	
  Inapplicable

  
	
   

  	
   

  
	
  Notice:

  	
  Party B shall, on or before
  1:00 p.m. (New York time) on each Floating Rate Payer Payment Date, provide
  Party A with notice of the then-current Pool Balance of the Class G-2
  Certificates and the Floating Amount payable, if any, together with, if such
  Floating Amount is payable, the certification referred to in the final
  sentence of Section 3.6(a) of
  the Intercreditor Agreement.

  

 

3

 

3.                                       Role
of Party A; Role of Calculation Agent

 

(i)                                     Party
B acknowledges that: (a) in connection with this Transaction and this
Agreement, Party A has acted in the capacity of an arm’s-length contractual
counterparty and not as its financial advisor or fiduciary; and (b) in
exercising its rights or performing any of its duties under this Agreement,
Party A will act as principal and not as a fiduciary of Party B.

 

(ii)                                  Whenever
the Calculation Agent is required to act or exercise judgment in any way, it
will do so in good faith and in a commercially reasonable manner.  The calculations and determinations of the
Calculation Agent shall be made in accordance with terms of this Confirmation
having regard in each case to the criteria stipulated herein.

 

4.                                       Additional
Termination Event/Replacement of Above-Cap Liquidity Provider

 

It will be an Additional
Termination Event with respect to Party A if the relevant credit rating of
Citibank, N.A or any assignee issued by any Rating Agency at any time is lower
than the applicable Threshold Rating (“Credit Downgrade”).  Party A shall be the sole Affected Party with
respect to such Additional Termination Event.

 

In the event of a Credit
Downgrade, Party A may, within ten days, at its own expense, arrange for one or
more Replacement Above-Cap Liquidity Providers to enter into and deliver to
Party B a Replacement Above-Cap Liquidity Facility for the Above-Cap Liquidity
Facility. If Party A does not arrange for such replacement and if this
Above-Cap Liquidity Facility has not otherwise been replaced by JetBlue Airways
Corporation (at the expense of JetBlue Airways Corporation) in accordance with
the terms of Section 3.6(c)(ii) of the Intercreditor Agreement, such 10th
day (or if such 10th day is not a Business Day, the next succeeding
Business Day) shall be deemed to be an “Early Termination Date” and Party A
shall make a termination payment to Party B in accordance with Part 1(j) of the
Schedule to the Agreement.

 

5.                                       Additional
Definitions

 

“Drawing Event”
shall mean an event on any Distribution Date where Party B, after giving effect
to the subordination provisions of the Intercreditor Agreement and any Election
Interest Payments made by the Policy Provider (but without regard to drawings
under a Primary Liquidity Facility or withdrawals from the Cash Collateral
Account or Above-Cap Account), shall not have sufficient funds for the payment
of accrued interest due and owing on the Class G–2 Certificates other than any
amount of interest due and payable on the Class G–2 Certificates on such
Distribution Date that remains unpaid due to the failure of the Depositary to
pay any amount of accrued interest on the Deposits on such Distribution Date.

 

“Threshold
Rating” shall mean, for purposes of this Agreement, the short-term
unsecured debt rating of P-1 by Moody’s and short-term issuer credit rating of
A-1 by Standard & Poor’s.

 

6.                                       Payments

 

Party A hereby irrevocably
instructs Party B to make any payment due to Party A directly to the account
specified below in the name of Party A. Party B hereby irrevocably instructs
Party A to make any payments of Floating Amounts and any Termination Amount due
to Party B directly to the account(s) specified below in the name of Party
B.  All payments by Party A of Floating
Amounts and any Termination Amount due to Party B shall be made prior to 4:00
p.m. (New York City time) on the date such payment is due without setoff, deduction,
withholding, netting, or any other reduction.

 

4

 

7.                                       Account
Details

 

Payments to Party A:                               CITIBANK, N.A., NEW YORK

ABA:
021-000-089

BIC:
CITIUS33

A/C
#: 00167679

A/C
NAME: FINANCIAL FUTURES

 

Payments to Party B:                                 Wilmington Trust Company

ABA#:
031 1000 92

Account#:

Reference:
JetBlue 2004-2 G-2

 

8.                                       Offices

 

The Office of Party A for
the Transaction is its office at the address specified for notices to it in the
Schedule to the Agreement.  The
Office of Party B for the Transaction is its office at the address specified
for notices to it in the Schedule to the Agreement.

 

9.                                       Counterparts

 

This Confirmation
may be executed in any number of counterparts and by each party hereto on
separate counterparts, each of which counterparts, when so executed and
delivered, shall be deemed to be an original and all of which counterparts,
taken together, shall constitute but one and the same Confirmation.

 

[Signatures follow on separate page]

 

5

 

Please confirm
that the foregoing correctly sets forth the terms of our agreement by executing
the copy of this Confirmation enclosed for that purpose and returning it to us.

 

	
   

  	
  Yours
  sincerely,

  
	
   

  	
   

  
	
   

  	
  CITIBANK, N.A.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Frank A. Licciardello

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Name:

  	
  Frank
  A. Licciardello

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Title:

  	
  Authorized
  Signatory

  	
   

  
	
   

  	
   

  
	
  Confirmed as of the date first
  written above:

  
	
   

  
	
  WILMINGTON
  TRUST COMPANY

  
	
  in its capacity as
  Subordination Agent on behalf

  of the Trustee under the Class G–2 Trust Agreement

  
	
   

  
	
  By:

  	
  /s/ Kathleen A. Pedelini

  	
   

  
	
   

  	
   

  	
   

  
	
  Name:

  	
  Kathleen A. Pedelini

  	
   

  
	
   

  	
   

  	
   

  
	
  Title

  	
  Financial Services Officer

  	
   

  
						

 

6Exhibit
4.20

 

	
  Date:

  	
  November 15, 2004

  
	
   

  	
   

  
	
  To:

  	
  Wilmington Trust Company

  
	
   

  	
   

  
	
  From:

  	
  Citibank, N.A.

  
	
   

  	
   

  
	
  Subject:

  	
  CLASS C ABOVE
  CAP LIQUIDITY FACILITY CONFIRMATION

  

 

Reference Number:

 

Ladies and Gentlemen:

 

The purpose of this
letter agreement (this “Confirmation”) is to confirm the terms and
conditions of the Interest Rate Cap Transaction entered into on the Trade Date
referred to in Paragraph 2 below (the “Transaction”) between Citibank,
N.A. (“Party A”) and Wilmington Trust Company in its capacity as Subordination
Agent on behalf of the Trustee under the Pass Through Trust Agreement dated as
of the date hereof between Wilmington Trust Company and JetBlue Airways
Corporation, with respect to the JetBlue Airways Pass Through Trust, Series
2004–2C–O (“Party B”). This letter agreement constitutes a “Confirmation”
as referred to in the ISDA Master Agreement specified below.

 

1.                                       The
definitions and provisions contained in the 2000 ISDA Definitions and Annex to
the 2000 ISDA Definitions (June 2000 Version) as published by the
International Swaps and Derivatives Association, Inc. (as so supplemented, the “Definitions”)
are incorporated into this Confirmation. 
In the event of any inconsistency between the Definitions and this
Confirmation, this Confirmation will govern. 
References herein to a “Transaction” shall be deemed to be references to
a “Swap Transaction” for the purposes of the Definitions.

 

This Confirmation supplements,
forms a part of, and is subject to the 1992 ISDA Master Agreement
(Multicurrency – Cross Border) including the Schedule thereto, dated as of
November 15, 2004  as amended
and supplemented from time to time (collectively, the “Agreement”),
between us.  All provisions contained in
the Agreement govern this Confirmation except as modified below.  In the event of any inconsistency between the
Agreement and this Confirmation, this Confirmation will govern.  Capitalized terms not otherwise defined in
the Agreement or this Confirmation shall have the meanings ascribed to them in
the Intercreditor Agreement dated as of November 15, 2004  among Wilmington Trust Company, as Trustee under
the JetBlue Airways Pass Through Trust 2004–2G–1, JetBlue Airways Pass Through
Trust 2004–2G–2 and JetBlue Airways Pass Through Trust 2004–2C, Landesbank
Baden-Württemberg, as Class G–1 Primary
Liquidity Provider, Class G–2 Primary Liquidity Provider and Class C Primary
Liquidity Provider,  Citibank, N.A.
as Class G–1 Above-Cap Liquidity Provider, Class G–2 Above-Cap Liquidity
Provider and Class C Above-Cap Liquidity Provider, MBIA Insurance Corporation,
as Policy Provider, and Wilmington Trust Company, as Subordination Agent (the “Intercreditor
Agreement”). The Agreement and each Confirmation will be governed by and
construed in accordance with the laws of the State of New York.

 

Each of Party A and Party B
represents to the other that it has entered into this Transaction in reliance
upon such independent accounting, regulatory, legal, tax and financial advice
as it deems necessary and not upon any view expressed by the other.

 

1

 

2.                                       Party
A and Party B by this Confirmation are entering into a Transaction (the “Above
Cap Liquidity Facility”) that provides an irrevocable interest rate
cap.  The terms of the Above Cap
Liquidity Facility are as follows:

 

	
  General Terms:

  	
   

  
	
   

  	
   

  
	
  Transaction Type:

  	
  Interest Rate Cap Transaction

  
	
   

  	
   

  
	
  Notional Amount:

  	
  The Preferred Pool Balance for
  the Class C Certificates from time to time. The Notional Amount as of any
  Floating Rate Payer Payment Date shall be determined before giving effect to
  any distributions on such Class C Certificates on such Floating Rate Payer
  Payment Date.

  
	
   

  	
   

  
	
  Trade Date:

  	
  November 10, 2004

  
	
   

  	
   

  
	
  Effective Date:

  	
  November 15, 2004

  
	
   

  	
   

  
	
  Termination Date:

  	
  The first Business Day
  following the earlier of (i) May 15, 2010 and (ii) the date on which payment
  in full of Final Distributions with respect to the Class C Certificates has
  been made.

  
	
   

  	
   

  
	
  Currency Unit:

  	
  USD

  
	
   

  	
   

  
	
  Business Day/Local Business Day:

  	
  “Business Day” as defined in the Intercreditor
  Agreement for all purposes under the Agreement.

  
	
   

  	
   

  
	
  Business Day Convention:

  	
  Following

  
	
   

  	
   

  
	
  Fixed Amounts:

  	
   

  
	
   

  	
   

  
	
  Fixed Amount Payer:

  	
  Party B

  
	
   

  	
   

  
	
  Fixed Amount Payer Payment Date:

  	
  Effective Date

  
	
   

  	
   

  
	
  Fixed Amount:

  	
  As set forth in a separate
  letter agreement between Party A and Party B.

  
	
   

  	
   

  
	
  Floating Amounts:

  	
   

  
	
   

  	
   

  
	
  Floating Rate Payer:

  	
  Party A

  
	
   

  	
   

  
	
  Floating Amount:

  	
  On each Floating Rate Payer
  Payment Date on which (i) the Floating Rate Option exceeds the Cap Rate and
  (ii) a Drawing Event (as defined below) has occurred, the Floating Amount
  shall be calculated as follows:

  
	
   

  	
   

  
	
   

  	
  In the event that either (a)
  the Available Amount under the Primary Liquidity Facility (before giving
  effect to any Interest Drawing to be made on such Payment Date) is greater
  than zero or (b) the amount on deposit in the Primary Cash Collateral

  

 

2

 

	
   

  	
  Account (before giving effect
  to any withdrawals to be made from such account on such Payment Date) is
  greater than zero, the Floating Amount shall equal the Above-Cap Payment for
  such date.

  
	
   

  	
   

  
	
   

  	
  In the event that both
  statements in clauses (a) and (b) above are not true, then the Floating
  Amount shall equal zero.

  
	
   

  	
   

  
	
  Period End Dates:

  	
  Each February 15, May 15,
  August 15 and November 15, commencing on February 15, 2005 and
  ending on the Termination Date, subject to adjustment in accordance with the
  Following Business Day Convention.

  
	
   

  	
   

  
	
  Floating Rate Payer Payment Dates:

  	
  Each day that is a Period End
  Date and any Special Distribution Date not coinciding with a Period End Date
  on which a distribution of Adjusted Interest is, by the terms of the
  Intercreditor Agreement, to be made on the Class C Certificates.

  
	
   

  	
   

  
	
  Floating Rate Option:

  	
  USD-LIBOR-BBA; provided that, if the relevant rate does
  not appear on the Telerate Page 3750, the rate shall be “Three-Month LIBOR”
  as determined by the Loan Trustee in accordance with the definition of “Three-Month
  LIBOR” in Annex A to the Indentures; and provided
  further that the Floating Rate Option shall be deemed to equal the
  Cap Rate during such period as the Stated Interest Rate applicable to the
  Class C Certificates is subject to the Capped Interest Rate pursuant to the
  proviso in the definition of “Stated Interest Rate” in the Intercreditor
  Agreement.

  
	
   

  	
   

  
	
  Cap Rate:

  	
  7%

  
	
   

  	
   

  
	
  Designated Maturity:

  	
  3-Month

  
	
   

  	
   

  
	
  Spread:

  	
  None

  
	
   

  	
   

  
	
  Floating Rate Day Count Fraction:

  	
  Actual/360

  
	
   

  	
   

  
	
  Reset Dates:

  	
  The first day of the relevant
  Calculation Period.

  
	
   

  	
   

  
	
  Compounding:

  	
  Inapplicable

  
	
   

  	
   

  
	
  Notice:

  	
  Party B shall, on or before
  1:00 p.m. (New York time) on each Floating Rate Payer Payment Date, provide
  Party A with notice of the then-current Preferred C Pool Balance of the Class
  C Certificates and the Floating Amount payable, if any, together with, if
  such Floating Amount is payable, the certification referred to in the final
  sentence of Section 3.6(a) of
  the Intercreditor Agreement.

  

 

3

 

3.                                       Role
of Party A; Role of Calculation Agent

 

(i)                                     Party
B acknowledges that: (a) in connection with this Transaction and this
Agreement, Party A has acted in the capacity of an arm’s-length contractual
counterparty and not as its financial advisor or fiduciary; and (b) in
exercising its rights or performing any of its duties under this Agreement,
Party A will act as principal and not as a fiduciary of Party B.

 

(ii)                                  Whenever
the Calculation Agent is required to act or exercise judgment in any way, it
will do so in good faith and in a commercially reasonable manner.  The calculations and determinations of the
Calculation Agent shall be made in accordance with terms of this Confirmation
having regard in each case to the criteria stipulated herein.

 

4.                                       Additional
Termination Event/Replacement of Above-Cap Liquidity Provider

 

It will be an Additional
Termination Event with respect to Party A if the relevant credit rating of
Citibank, N.A or any assignee issued by any Rating Agency at any time is lower
than the applicable Threshold Rating (“Credit Downgrade”).  Party A shall be the sole Affected Party with
respect to such Additional Termination Event.

 

In the event of a Credit
Downgrade, Party A may, within ten days, at its own expense, arrange for one or
more Replacement Above-Cap Liquidity Providers to enter into and deliver to
Party B a Replacement Above-Cap Liquidity Facility for the Above-Cap Liquidity
Facility. If Party A does not arrange for such replacement and if this
Above-Cap Liquidity Facility has not otherwise been replaced by JetBlue Airways
Corporation (at the expense of JetBlue Airways Corporation) in accordance with
the terms of Section 3.6(c)(ii) of the Intercreditor Agreement, such 10th
day (or if such 10th day is not a Business Day, the next succeeding
Business Day) shall be deemed to be an “Early Termination Date” and Party A
shall make a termination payment to Party B in accordance with Part 1(j) of the
Schedule to the Agreement.

 

5.                                       Additional
Definitions

 

“Drawing Event”
shall mean an event on any Distribution Date where Party B, after giving effect
to the subordination provisions of the Intercreditor Agreement and any Election
Interest Payments made by the Policy Provider (but without regard to drawings
under a Primary Liquidity Facility or withdrawals from the Cash Collateral
Account or Above-Cap Account), shall not have sufficient funds for the payment
of accrued Adjusted Interest due and owing on the Class C Certificates other
than any amount of interest due and payable on the Class C Certificates on such
Distribution Date that remains unpaid due to the failure of the Depositary to
pay any amount of accrued interest on the Deposits on such Distribution Date.

 

“Threshold
Rating” shall mean, for purposes of this Agreement, the short-term
unsecured debt rating of P-1 by Moody’s and short-term issuer credit rating of
A-1 by Standard & Poor’s.

 

6.                                       Payments

 

Party A hereby
irrevocably instructs Party B to make any payment due to Party A directly to
the account specified below in the name of Party A. Party B hereby irrevocably
instructs Party A to make any payments of Floating Amounts and any Termination
Amount due to Party B directly to the account(s) specified below in the name of
Party B.  All payments by Party A of
Floating Amounts and any Termination Amount due to Party B shall be made prior
to 4:00 p.m. (New York City time) on the date such payment is due without
setoff, deduction, withholding, netting, or any other reduction.

 

4

 

7.                                       Account
Details

 

Payments to Party A:                               CITIBANK, N.A., NEW YORK

ABA:
021-000-089

BIC:
CITIUS33

A/C
#: 00167679

A/C
NAME: FINANCIAL FUTURES

 

Payments to Party B:                                 Wilmington Trust Company

ABA#:
031 1000 92

Account#:

Reference:
JetBlue 2004-2 C

 

8.                                       Offices

 

The Office of Party A for
the Transaction is its office at the address specified for notices to it in the
Schedule to the Agreement.  The
Office of Party B for the Transaction is its office at the address specified
for notices to it in the Schedule to the Agreement.

 

9.                                       Counterparts

 

This Confirmation
may be executed in any number of counterparts and by each party hereto on
separate counterparts, each of which counterparts, when so executed and
delivered, shall be deemed to be an original and all of which counterparts,
taken together, shall constitute but one and the same Confirmation.

 

[Signatures follow on separate page]

 

5

 

Please confirm
that the foregoing correctly sets forth the terms of our agreement by executing
the copy of this Confirmation enclosed for that purpose and returning it to us.

 

	
   

  	
  Yours
  sincerely,

  
	
   

  	
   

  
	
   

  	
  CITIBANK, N.A.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Frank A. Licciardello

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Name:

  	
  Frank
  A. Licciardello

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Title:

  	
  Authorized
  Signatory

  	
   

  
	
   

  	
   

  
	
  Confirmed as of the date first
  written above:

  
	
   

  
	
  WILMINGTON
  TRUST COMPANY

  
	
  in its capacity as
  Subordination Agent on behalf

  of the Trustee under the Class C Trust Agreement

  
	
   

  
	
  By:

  	
  /s/ Kathleen A. Pedelini

  	
   

  
	
   

  	
   

  	
   

  
	
  Name:

  	
  Kathleen A. Pedelini

  	
   

  
	
   

  	
   

  	
   

  
	
  Title

  	
  Financial Services Officer

  	
   

  
						

 

6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}]]