Examples of Lessee Documents in a sentence
The Tax Indemnity Agreement is included in the definition of Lessee Documents.
Lessee will comply, or procure compliance, in all material respects with all Laws relating to the operation, use, maintenance, repair, overhaul and/or modification of the Aircraft and maintain, or procure the maintenance of, all certificates, licenses, permits and authorizations which Lessee and (if applicable) Permitted Sublessee requires in order to conduct its business and perform its obligations under the Lessee Documents.
If Delivery has not occurred for any reason by 5:00 p.m. (GMT) on the Final Delivery Date, then either party may terminate this Agreement by notice in writing to the other party, whereupon the rights and obligations of the parties under the Lessee Documents shall cease and be discharged and none of the parties thereto shall have any further obligation or liability whatsoever provided that the Surviving Obligations shall continue to apply.
This Agreement, together with the Lessee Documents, constitute the entire agreement between the parties in relation to the leasing of the Aircraft by Lessor to Lessee and supersede all previous proposals, agreements and other written and oral communications in relation hereto.
Based upon the Closing Appraisal, the execution and delivery of the Lessee Documents and the granting of any Liens pursuant to such Lessee Documents by the Lessee will not render the Lessee insolvent under GAAP or leave the Lessee with assets whose present fair valuation is less than the present fair valuation of the Lessee’s debts.