Aircraft Leases Sample Clauses

Aircraft Leases. National Beef agrees to continue to lease the two aircraft owned by ▇▇▇▇▇▇ on an arm’s length commercially reasonable basis pursuant to the existing leases of such aircraft. If during the term of the existing leases on such aircraft, either of the existing leased aircraft is replaced by ▇▇▇▇▇▇ or his affiliates with the approval of the Board, then ▇▇▇▇▇▇ will be given the option to lease such replacement aircraft to National Beef on an arm’s length commercially reasonable basis.
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Aircraft Leases. The Company shall and shall cause the Company Subsidiaries to consult and coordinate with Parent and Purchaser with respect to the finalization of any documentation relating to the aircraft leases as are described in the proviso contained in Section 6.1(m).
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Aircraft Leases. At the Closing, all of EOG's rights and obligations under each of the Aircraft Agreements shall be terminated.
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Aircraft Leases. PROPERTY SUBJECT TO LEASE: (1) BOEING 727-044F AIRCRAFT, (3) ▇▇▇▇▇ & WHITNEY JT8D-7 ENGINES AND OTHER RELATED EQUIPMENT. LESSEE: ▇▇▇▇▇ WORLDWIDE AIRLINES, INC. TERM: FEBRUARY 17, 1994 THROUGH MARCH 19, 1999, PLUS ONE DAY FOR EACH DAY THAT THE AIRCRAFT IS UNDERGOING THE FIRST "C" CHECK AND WORK REQUIRED TO COMPLY WITH THE "AGING AIRCRAFT" SERVICE BULLETINS IN ACCORDANCE WITH SECTION 6(D) OF THE LEASE. AMOUNT: $45,000 PER MONTH PLUS "D" CHECK RESERVES OF $75 PER FLIGHT HOUR. SUBLESSEE: ▇▇▇▇ INTERNATIONAL AIRLINES
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Aircraft Leases. Amazon and CAM will enter into Aircraft Leases for the Initial Aircraft on or before March 18, 2016 and, provided that this Agreement remains then in effect and there is no Airborne Global Event of Default has occurred and is continuing, Amazon and CAM will enter into Aircraft Leases for each of the Committed Aircraft on or before the date that is 30 days prior to the Scheduled Delivery Date for the Aircraft. Each such Aircraft Lease will be entered into in the form attached as Exhibit H, and the pricing and term will be as listed in Exhibit G. Amazon will have the right, in its sole discretion, to enter into one or more Aircraft Leases for Additional Aircraft with CAM upon the provision of not less than [*] days’ notice to Airborne Global. Any Aircraft Leases for Additional Aircraft will be entered into in the form attached as Exhibit H with the pricing and term as mutually agreed between the Parties.
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Aircraft Leases. The Parties agree to use their commercially reasonable efforts to seek any necessary consents from the respective lessors under the Aircraft Leases due to the change of control of Airco and to release Airborne and Airborne Express, Inc. from the guarantees relating thereto. If the lessors under the Aircraft Leases will not consent to the release of Airborne and Airborne Express, Inc. under the guarantees relating thereto, then, subject to any refinancing of the Aircraft Leases, the Surviving Corporation and Airborne Express shall remain obligated under such guarantees.
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Aircraft Leases. Schedule 6.24 attached hereto is a listing of each aircraft owned by the Issuer and a description of the relevant material lease terms in which, to the Issuer’s knowledge, there are not material inaccuracies.
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Aircraft Leases. The Issuer shall update Schedule 6.24 promptly upon the Issuer acquiring any new aircraft or entering into any aircraft lease (including any renewal, extension or modification of any aircraft lease).
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Related to Aircraft Leases

  • 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, including without limitation, all Contracts, as defined in the Purchase Agreement.

  • 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. (b) The Company does not own any real property or any interest in real property, except for the leasehold created under the real property lease identified in Part 2.10 of the Disclosure Schedule.

  • Tenant Leases Schedule 9.1(v) sets forth a true, correct and complete rent roll with respect to the Tenant Leases. True, correct and complete copies of all Tenant Leases have been provided to Buyer through the Data Room prior to the Effective Date, no Tenant Lease has been amended except as evidenced by amendments similarly provided and each Tenant Lease constitutes the entire agreement between the applicable Seller and the applicable Tenant. Except as set forth on Schedule 9.1(v): (i) to the knowledge of Sellers, each of the Tenant Leases is in full force and effect on the terms set forth therein; (ii) to the knowledge of Sellers, there are no defaults or circumstances which, with the giving of notice, the passage of time or both, would constitute a default by either party under any Tenant Lease; (iii) no Tenant has asserted in writing and, to the knowledge of Sellers, no Tenant has any defense to, offsets or claims against, rent payable by it or the performance of its other obligations under its Tenant Lease; (iv) no Tenant has prepaid any rent or other charges; (v) no Seller has any present or future obligation to provide any Tenant with an allowance to construct, or to construct at its own expense, any tenant improvements except as specifically set forth in each Tenant Lease or in any approved budgets; (vi) no Seller has any present or future obligation to pay any lease commissions with respect to any Tenant Lease and all such lease commissions have been paid in full; (vii) no Tenant has requested in writing a modification of its Tenant Lease, or a release of its obligations under its Tenant Lease or has given any written notice terminating its Tenant Lease, and no Tenant has been released of its obligations under its Tenant Lease; and (viii) no guarantor has been released or discharged, voluntarily or involuntarily, or by operation of law, from any obligation under or in connection with any Tenant Lease.

  • 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.

  • Existing Leases (1) Exhibit "E" sets forth a true, correct and complete list of the Existing Leases for the related Premises and the information with respect to the Existing Leases set forth in Exhibit "E" hereto is true, correct and complete in all material respects, (2) no tenants are entitled to any rebates, rent concessions or free rent except as may be expressly set forth in the Existing Leases or on Exhibit "E", (3) no rents due under any of the Existing Leases are presently assigned, hypothecated or encumbered by Seller, other than in connection with any mortgage encumbering the Premises which shall be satisfied in connection with the closing for the Property in question, (4) there are no unpaid brokerage commissions or unpaid landlord obligations for tenant improvements in connection with the current term of occupancy of tenants under the Existing Leases, (5) no rent under any of the Existing Leases has been prepaid (except for rental for the current month and payments that are required to be made in advance pursuant to the terms and provisions of the Existing Leases and except for prepayments set forth either in the Existing Leases or as set forth on Exhibit "E"), (6) as of the Closing Date no Existing Lease shall be terminated by agreement with the tenant (except by reason of a default by the tenant thereunder or except for notices given to indicate the landlord's intention not to permit the term of the lease to continue or be renewed for an additional term), (7) no tenant has notified Seller in writing of its intent to terminate its lease prior to expiration of the term of such lease, (8) no written notice of any default under the Existing Leases has been given or received by the related Seller, and (9) the copies of the Existing Leases delivered to Buyer are true, correct and complete copies thereof.