(2) For all plaintiffs that enter into agreements in principle with the Republic on or before February 29, 2016, the Republic must make full payment in accordance with the specific terms of each such agreement.

Conclusion

For these reasons, the court now indicates that it would vacate the

injunctions upon the occurrence of two conditions precedent:

(1) The Republic repeals all legislative obstacles to

settlement with the FAA bondholders, including the

Lock Law and the Sovereign Payment Law;

(2) For all plaintiffs that enter into agreements in principle

with the Republic on or before February 29, 2016, the

Republic must make full payment in accordance with

the specific terms of each such agreement. The

Republic must also notify the court once those plaintiffs

have all received full payment.

If the Court of Appeals remands to allow this court to grant the Republic’s

motion to vacate, the injunctions will be lifted automatically upon fulfillment of