Aircraft and Leases Sample Clauses

Aircraft and Leases. (a) Section 3.10(a) of the AerCap Disclosure Letter lists each aircraft and aircraft engine owned (directly or beneficially) or leased by AerCap or a subsidiary of AerCap as of the date hereof. Except as otherwise set forth in Section 3.10(a) of the AerCap Disclosure Letter, as of the date of this Agreement, AerCap or a subsidiary of AerCap (i) is the sole legal and beneficial owner of, and has good and valid title to, each Aircraft and Engine and (ii) is the holder of a lessor’s interest in the Aircraft under the applicable Lease Documents, with respect to each lease of an Aircraft to a Lessee (or an intermediary for the Lessee), which Aircraft and which interest under those Lease Documents are, in each case, to AerCap’s knowledge, free and clear of all liens, other than Permitted Encumbrances.
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Aircraft and Leases. (a) Section 4.11(a) of the Genesis Disclosure Letter lists each aircraft and aircraft engine owned (directly or indirectly) or leased by Genesis or a subsidiary of Genesis as of the date hereof. Except as otherwise set forth in Section 4.11(a) of the Genesis Disclosure Letter, as of the date of this Agreement, Genesis or a subsidiary of Genesis (i) is the sole legal and beneficial owner of, and has good and valid title to, each Aircraft and Engine and (ii) is the holder of a lessor’s interest in the Aircraft under the applicable Lease Documents, with respect to each lease of an Aircraft to a Lessee (or an intermediary for the Lessee), which Aircraft and which interest under those Lease Documents are, in each case, to Genesis’s knowledge, free and clear of all liens, other than Permitted Encumbrances.
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Aircraft and Leases. Section 3.26 of the Company Disclosure Letter contains a complete and accurate list of all aircraft owned and all aircraft leased by the Company or any Company Subsidiary (including any trust) to a Person other than the Company or a Company Subsidiary as of September 30, 2019. Copies of each material Aircraft Lease in effect as of September 30, 2019 have been made available to Parent. Such copies are accurate and complete in all material respects. As of the date hereof, with respect to each aircraft listed in Section 3.26 of the Company Disclosure Letter, (a) the Company or a Company Subsidiary is either (i) the sole legal and beneficial owner of such aircraft or (ii) the beneficial owner of such aircraft and legal title to such aircraft is held in trust for the Company or a Company Subsidiary, and (b) the Company or a Company Subsidiary (including any trust) is the holder of a lessor’s interest in each such aircraft that is on lease to an Aircraft Lessee under the applicable Aircraft Lease Documents, in each case of the foregoing clauses (a) and (b) free and clear of all Liens, other than Permitted Liens.
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Aircraft and Leases. (a) All Aircraft owned or leased by any Company or any Company Subsidiary (or by Xxxxx Fargo Bank, Northwest, N.A., as owner trustee for and on behalf of a Company Subsidiary) as of the date hereof are identified by manufacturer serial number of the applicable airframe in Schedule 6.19(a)(i) (“Company Aircraft”). All Engines owned or leased by any Company or any Company Subsidiary (or by the Xxxxx Fargo Bank, Northwest, N.A., as owner trustee for and on behalf of a Company Subsidiary) and designated as belonging to a Company Aircraft as of the date hereof are identified by manufacturer serial number in Schedule 6.19(a)(ii) (“Company Engines”). As set forth on Schedule 6.19(a)(iii), a Company or a wholly-owned Company Subsidiary (together, in either case, with any trustee therefor) is the sole legal and beneficial owner (if the Company or Company Subsidiary is the legal and beneficial owner of the Company Aircraft or Company Engine) or the sole beneficial owner (if the Company or Company Subsidiary is the beneficiary under a trust relating to the Company Aircraft or Company Engine) of (i) the Company Aircraft, (ii) the Company Engines and (iii) a lessor’s interest in the Company Aircraft under the applicable Lease Documents, with respect to each lease of a Company Aircraft to a Lessee (or an intermediary for the Lessee), each of which Company Aircraft, Company Engine and interest under those Lease Documents is free and clear of all Encumbrances, other than Permitted Encumbrances.
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Aircraft and Leases. (a)(i) Each of Seller and, with respect to the B767-300 Aircraft MSN 24798, SPC-5, is the sole legal and beneficial owner of the applicable Aircraft and (ii) each of Seller and, with respect to the B767-300 Aircraft MSN 24798, SPC-5, is the sole legal and beneficial owner of the lessor's interest under the applicable Lease Documents, which Aircraft and which Lease Documents are free and clear of all Liens other than (a) the rights conferred by the Lease Documents; (b) any Liens for which the applicable Lessee is responsible or for which it is to indemnify the lessor under the terms of the relevant Lease; (c) any Liens which are "permitted liens" under the applicable Lease other than a Lien created by Seller or SPC-5; or (d) Liens which do not materially detract from the value of such Aircraft, or materially interfere with any present or intended use of such Aircraft (collectively, the
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Aircraft and Leases. (a) Section 3.15‎ of the Company Disclosure Letter lists each aircraft and aircraft engine owned (directly or indirectly) or leased by the Company or a Subsidiary of the Company as of the date hereof. Except as otherwise set forth in ‎Section 3.15‎ of the Company Disclosure Letter, as of the date of this Agreement, the Company or a Subsidiary of the Company (i) is the sole legal and beneficial owner of, and has good and valid title to, each Aircraft and Engine and (ii) is the holder of a lessor’s interest in the Aircraft under the applicable Lease Documents, with respect to each lease of an Aircraft to a Lessee (or an intermediary for the Lessee), which Aircraft and which interest under those Lease Documents are, in each case, to the knowledge of the Company, free and clear of all Liens, other than Permitted Encumbrances.
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Aircraft and Leases. (a) (i) Seller is the sole legal and beneficial owner of the applicable Aircraft (except that (i) Seller does not have legal title to the X000-000 Xxxxxxxx XXX 00000, (ii) on the date hereof, Seller is the sole beneficial owner of the B737-300 Aircraft MSN 24449 and (iii) on August 10, 1999, MSA IV shall be the sole beneficial owner of such Aircraft) and (ii) Seller is the sole legal and beneficial owner of the lessor's interest under the applicable Lease Documents (except that on August 10, 1999 MSA IV shall be the sole beneficial owner of the lessor's interest under the applicable Lease Documents), which Aircraft and which Lease Documents are free and clear of all Liens other than (a) the rights conferred by the Lease Documents; (b) any Liens for which the applicable Lessee is responsible or for which it is to indemnify the lessor under the terms of the relevant Lease; (c) any Liens which are "permitted liens" under the applicable Lease other than a Lien created by Seller; or (d) Liens which do not materially detract from the value of such Aircraft, or materially interfere with any present or intended use of such Aircraft (collectively, the "Permitted Liens") and upon consummation of the transactions contemplated hereby, MSA V will have directly or indirectly, as applicable, acquired good and marketable title in and to each of the Aircraft listed in Exhibit A-1 and MSA IV will have acquired good and marketable title in and to the Aircraft listed in Exhibit A-2, in each case, free and clear of all Liens, except for Permitted Liens;
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Aircraft and Leases. 3.9.1 All Aircraft owned or leased by any Asset Owning Entity or Owner Trust are set forth in the relevant Part of Schedule 1. An Asset Owning Entity or Owner Trust, or a Subsidiary of an Asset Owning Entity or an Owner Trust, as the case may be, is (a) the sole owner of (and holds good title to) each Aircraft (not including the Finance Lease Aircraft) and (b) the sole owner of a lessor's interest in each Aircraft under the Lease Documents applicable to such Aircraft. Each Aircraft, and interest under the Lease Documents applicable to such Aircraft, is free and clear of all Liens (other than Permitted Liens).
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Aircraft and Leases. (a) The Company Disclosure Schedule sets forth with respect to each Aircraft:
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Related to Aircraft and Leases

  • Contracts and Leases (a) Schedule 4.12(a) lists each written contract, license, agreement, or personal property lease which is material to the business or operations of the Purchased Assets, other than any contract, license, agreement or personal property lease which is listed or described on another Schedule, or which is expected to expire or terminate prior to the Closing Date, or which provides for annual payments by Seller after the date hereof of less than $250,000 or payments by Seller after the date hereof of less than $1,000,000 in the aggregate.

  • Real Property and Leases (a) The Company and each of its subsidiaries has sufficient title to all of its real properties and assets to conduct its businesses as currently conducted or as contemplated to be conducted.

  • Ground Leases For purposes of this Exhibit C, a “Ground Lease” shall mean a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • New Leases Continue its present rental program and efforts at such Seller’s Property to rent vacant space in accordance with past practices; provided that, without the prior written consent of the Buyer, which consent may be granted or withheld in the Buyer’s sole discretion, such Seller shall not (i) execute any new lease, license or other occupancy agreement, (ii) amend, supplement, terminate, accept the surrender of, renew or otherwise modify any existing Lease, (iii) approve any assignment or sublease of any existing Lease, or (iv) waive any right or obligation thereunder; provided, however, that, in the case of any amendment, supplement, termination, surrender, renewal or modification of any existing Lease as set forth in clause (ii) above, if such existing Lease expressly and specifically sets forth the terms of any such amendment, supplement, termination, surrender, renewal or modification and requires the landlord under the Lease to acknowledge or counter-sign the same, in which case, the Buyer’s consent shall not be required, but Seller shall provide the Buyer with written notice of (and to the extent such amendment, supplement or modification modifies the rental terms of such Lease which rental amount is not specifically stated in such Lease, the Buyer shall have an opportunity to review and comment upon) such amendment, supplement, termination, surrender, renewal or modification at least five (5) Business Days prior to the date of execution. If such Seller enters into any new lease, license or other occupancy agreement, or renews any existing Lease (each such new lease, license, occupancy agreement and renewal, a “New Lease”) after the date hereof in accordance with the terms of this Section 3.2(d), then each such lease, license, occupancy agreement and renewal shall be included in the definition of “Leases” herein and added to Schedule 3.2(c) attached hereto, shall be assigned to and assumed by the Buyer at the Closing in accordance with this Agreement. If the Buyer does not reject or approve a new lease, license, occupancy agreement, renewal or a Lease amendment within five (5) Business Days after receipt of a copy thereof, then the Buyer shall be deemed to have approved such new lease, license, occupancy agreement, renewal or Lease amendment; provided that such notice includes specific reference to this Section 3.3(d) and the deemed approval provision hereof.

  • Real Property Leases Section 2.12 of the Disclosure Schedule lists all Leases and lists the term of such Lease, any extension and expansion options, and the rent payable thereunder. The Company has delivered to the Buyer complete and accurate copies of the Leases. With respect to each Lease:

  • Equipment Leases Landlord shall enter into such leases of equipment and personal property as Tenant may reasonably request from time to time, provided that the form and substance thereof shall be reasonably satisfactory to Landlord. Tenant shall prepare and deliver to Landlord all such lease documents for which Landlord's execution is necessary and Landlord shall promptly, upon approval thereof, execute and deliver such documents to Tenant. Tenant shall, throughout the Term, be responsible for performing all of Landlord's obligations under all such documents and agreements.

  • Personal Property Leases Schedule 5.10 contains, as of the date of this Agreement, a list of each lease or other agreement or right under which the Company or any of the Subsidiaries is lessee of, or holds or operates, any machinery, equipment, vehicle or other tangible personal property owned by a third Person, except those which are terminable by the Company or such Subsidiary without penalty on 90 days’ or less notice or which provide for annual rental payments of less than $250,000.

  • Equipment; Leasehold (a) All material items of equipment and other tangible assets owned by or leased to the Company are adequate for the uses to which they are being put, are in good condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the Company's business in the manner in which such business is currently being conducted.

  • Property and Leases (a) The Company and the Company Subsidiaries have sufficient title to all their properties and assets to conduct their respective businesses as currently conducted or as contemplated to be conducted, with only such exceptions as would not have a Material Adverse Effect.

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