Common use of Adverse Effect of Citizenship on Registration Clause in Contracts

Adverse Effect of Citizenship on Registration. If the right (a) to exercise voting or similar rights hereunder by Owner Participant, or (b) (i) to direct, influence, or limit the exercise of, or (ii) to prevent the direction or influence of, or (iii) place any limitation on the exercise of, Owner Trustee’s authority, or (c) to remove Owner Trustee, would adversely affect the United States registration of the Aircraft, Owner Participant shall have no such right; provided, however, that this Section shall be of no force or effect during periods in which the Aircraft is registered in a non-United States jurisdiction.

Appears in 4 contracts

Samples: Letter Agreement (American Airlines, Inc.), Lease Agreement (American Airlines, Inc.), Lease Agreement (Amr Corp)

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