Acceptance of Aircraft. The Original Owner Participant hereby authorizes and directs the Owner Trustee to, and the Owner Trustee agrees for the benefit of the Owner Participant that it will, on the Delivery Date, subject to due compliance with the terms of Section 3.02 hereof:
(a) purchase the Aircraft pursuant to the Participation Agreement and the Xxxx of Sale;
(b) accept from Lessee the delivery of the Xxxx of Sale and the FAA Xxxx of Sale;
(c) cause the Aircraft to be leased to Lessee under the Lease, and in furtherance thereof execute and deliver a Lease Supplement covering the Aircraft;
(d) execute and deliver the Trust Supplement covering the Aircraft;
(e) issue to the Loan Participants Secured Certificates in the amounts and otherwise as provided in Section 1(a) of the Participation Agreement;
(f) execute and deliver the financing statements referred to in Section 4(a)(vi) of the Participation Agreement, together with all other agreements, documents and instruments referred to in Section 4 of the Participation Agreement to which the Owner Trustee is a party; and
(g) effect the registration of the Aircraft in the name of the Owner Trustee by filing or causing to be filed with the FAA: (i) the FAA Xxxx of Sale; (ii) an application for registration of the Aircraft in the name of the Owner Trustee (including without limitation an affidavit from the Owner Trustee in compliance with the provisions of 14 C.F.R. ss. 47.7(c)(2)(ii) (1979)); and (iii) the Trust Agreement.
Acceptance of Aircraft. The Aircraft leased hereunder was delivered to Lessee "AS IS," "WHERE IS" and SUBJECT TO EACH AND EVERY DISCLAIMER OF WARRANTY AND REPRESENTATION AS SET FORTH IN SECTIONS 5(a) AND (b) HEREOF. Lessee hereby agrees that it has accepted the Aircraft for all purposes of this Lease and Lessee's acceptance of the Aircraft was conclusive evidence that, as between Lessor and Lessee, the Aircraft was in all respects satisfactory to Lessee and was in compliance with this Lease.
Acceptance of Aircraft. The Aircraft to be leased hereunder shall be delivered to LESSEE in its "AS IS," "WHERE IS" condition, SUBJECT TO EACH AND EVERY DISCLAIMER OF WARRANTY AND REPRESENTATION AS SET FORTH IN SUBSECTION 6(A) HEREOF, except that the Aircraft shall comply with the conditions set forth on Exhibit "G". LESSEE shall indicate and confirm its acceptance of the Aircraft by delivery to LESSOR of a (i) Lease Supplement, and (ii) Certificate of Acceptance, dated on such Effective Date.
Acceptance of Aircraft. The Manufacturer shall have delivered the Aircraft under the Purchase Agreement and the purchaser or its assignee under the Purchase Agreement shall have unconditionally and irrevocably accepted the Aircraft in Fly-Away-Factory Condition.
Acceptance of Aircraft. Lessee has determined that the Aircraft is suitable for the use intended, and Xxxxxx has inspected the same and accepts the same as delivered. Lessee shall not assert any defense as against Owner by reason of any defect in the Aircraft or any warranties, representations, service or maintenance agreements, express or implied, made by the manufacturer or distributor of the Aircraft or any other person or firm.
Acceptance of Aircraft. The Aircraft to be leased hereunder shall be delivered to LESSEE in its "AS IS," "WHERE IS" condition, SUBJECT TO EACH AND EVERY DISCLAIMER OF WARRANTY AND REPRESENTATION AS SET FORTH IN SUBSECTION 6(A)HEREOF, except that the Aircraft shall comply with the conditions set forth on Exhibit "F". LESSEE shall indicate and confirm its acceptance of the Aircraft by delivery to LESSOR of a (i) Lease Supplement, and (ii) Certificate of Acceptance, dated on the Effective Date. At or preceding the time of acceptance of the Aircraft, LESSOR shall deliver to LESSEE a written equipment inventory of the Aircraft, prepared by LESSOR (the "Component Inventory") or Lufthansa.
Acceptance of Aircraft. 2 SECTION 3.02
Acceptance of Aircraft. (a) The Manufacturer shall have delivered the Aircraft under the Purchase Agreement, the Aircraft shall have been unconditionally and irrevocably accepted by or on behalf of the purchaser or its assignee under the Purchase Agreement in Fly-Away-Factory Condition, and copies of the acceptance certificate evidencing such delivery and acceptance, shall have been furnished to the Lender.
(b) In connection with such delivery and acceptance the Lender shall have received by 7:00 p.m. Rio de Janeiro time on the first day prior to the Closing a copy of the printout of the screen of the Register of Credit Operation - RC, and of the Register of Export - RE, both obtained through the SISCOMEX (Bureau of Foreign Trade) System, evidencing the authorization for export of the Aircraft, and indicating the Lender as lender/creditor under this Agreement.
Acceptance of Aircraft. Except as may otherwise be expressly provided pursuant to the terms of this Lease, the Aircraft is to be leased to Lessee "AS IS," "WHERE IS" and SUBJECT TO EACH AND EVERY DISCLAIMER OF WARRANTY AND REPRESENTATION AS SET FORTH IN SECTION 5(a) HEREOF. Upon tender of the Aircraft for delivery hereunder by Lessor, if the Aircraft is in the condition specified in Exhibit E, Lessee shall immediately accept delivery of the Aircraft. Upon acceptance of the Aircraft Lessee shall thereupon indicate and confirm its irrevocable acceptance of the Aircraft by delivery to Lessor of a duly executed Lease Supplement, dated the Delivery Date.
Acceptance of Aircraft. Section 1110..................................................
