Airworthiness. Subject to the exception described in clause (iii) of Section 8.1.1, shall be duly certificated as an airworthy aircraft by the FAA under Part 121 of the Federal Aviation Regulations or any successor provision; provided, that Lessee's ability to satisfy such return condition shall not preclude the occurrence of an Event of Loss pursuant to clause (iv) of the definition thereof;
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Samples: Sale and Lease Agreement (Southwest Airlines Co), Sale and Lease Agreement (Southwest Airlines Co), Sale and Lease Agreement (Southwest Airlines Co)
Airworthiness. Subject to the exception described in clause (iii) of Section 8.1.1, shall be duly certificated as an airworthy aircraft by the FAA under Part 121 of the Federal Aviation Regulations or any successor provision; provided, that Lessee's ability to satisfy such return condition shall not preclude the occurrence of an Event of Loss pursuant to clause (iv) of the definition thereof;
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Samples: Sale and Lease Agreement (American Income Fund I-E), Sale and Lease Agreement (American Income Fund I-E), Sale and Lease Agreement (American Income Fund I-E)
Airworthiness. Subject to the exception described in clause (iii) of Section 8.1.1, shall be duly certificated as an airworthy aircraft by the FAA under Part 121 of the Federal Aviation Regulations or any successor provision; provided, that Lessee's ability to satisfy such return condition shall not preclude the occurrence of an Event of Loss pursuant to clause (iv) of the definition thereof; SALE AND LEASE AGREEMENT [N604SW] -19- 26 5.1.2 Free of Liens. Shall be free and clear of all Liens (except Lessor Liens);
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