Common use of Acknowledgment of Security Trustee Clause in Contracts

Acknowledgment of Security Trustee. The Security Trustee hereby confirms to the Engine Manufacturer that in exercising any right it may have in this Agreement or the Engine Purchase Agreement with respect to the Engines, or in making any claim under the Engine Warranties or otherwise with respect to the Engines, the terms and conditions of this Agreement, the Engine Purchase Agreement and the Engine Warranties, including, without limitation, the terms and conditions contained therein, shall apply to and be binding upon the Security Trustee to the same extent as Frontier. The Engine Manufacturer hereby represents and warrants to the Security Trustee that the terms of the Engine Warranties provided herein are the same in all material respects to the warranties for the Subject Engines in the Engine Purchase Agreement.

Appears in 5 contracts

Samples: Iae Engine Benefits Agreement (Frontier Group Holdings, Inc.), Iae Engine Benefits Agreement (Frontier Group Holdings, Inc.), Iae Engine Benefits Agreement (Frontier Group Holdings, Inc.)

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