Common use of Assignment and Alienation Clause in Contracts

Assignment and Alienation. Lessor shall have the right to assign, sell or encumber any interest of Lessor in the Aircraft or this Lease and/or the proceeds hereof subject to the rights of Lessee under the provisions of this Lease. To effect or facilitate any such assignment, sale or encumbrance, Lessee agrees to provide such agreements, consents, conveyances or documents as may be reasonably requested by Lessor, which shall include, without limitation, a commercially standard estoppel certificate and an unrestricted release of Lessor from its obligations under this Lease. Lessee hereby agrees that it will not assert against an assignee any claim or defense which it may have against Lessor. The agreements, covenants, obligations and liabilities contained herein including, but not limited to, all obligations to pay Rent and indemnify each Indemnitee are made for the benefit of each Indemnitee and their respective successors and assigns; provided, however, that no assignment, sale or encumbrance shall increase the aggregate financial exposure under the indemnity obligations of Lessee under this Lease as compared to what such obligations would have been had such assignment, sale or encumbrance not occurred. In the event this Lease is assigned, sold or encumbered by Lessor, any assignee, transferee or mortgagee shall agree as a condition precedent thereto not to disturb or otherwise interfere with the quiet enjoyment of Lessee of the Aircraft so long as not Event or Default shall have occurred and be continuing.

Assignment and Alienation. Lessor shall have the right to assign, sell or encumber any interest of Lessor in the Aircraft or this Lease and/or the proceeds hereof subject to the rights of Lessee under the provisions of this Lease. To effect or facilitate any such assignment, sale or encumbrance, Lessee agrees to provide provide, at Lessor's cost, such agreements, consents, conveyances or documents as may be reasonably requested by Lessor, which shall include, without limitation, a commercially standard estoppel certificate and an unrestricted release of Lessor from its obligations under this Lease. Lessee hereby agrees that it will not assert against an assignee any claim or defense which it may have against Lessor, save as to antecedent liabilities. The agreements, covenants, obligations and liabilities contained herein including, but not limited to, all obligations to pay Rent and indemnify each Indemnitee are made for the benefit of each Indemnitee and their respective successors and assigns; provided, however, that that, unless consented to by Lessee, no assignment, sale or encumbrance shall increase the aggregate aggxxxxxx financial exposure under the indemnity obligations or otherwise of Lessee under this Lease as compared to what such obligations would have been had such assignment, sale or encumbrance not occurred. In the event this Lease is assigned, sold or encumbered by Lessor, any assignee, transferee or mortgagee shall agree as a condition coxxxxxxn precedent thereto not to disturb or otherwise interfere with the quiet enjoyment of Lessee of the Aircraft so long as not no Event or Default shall have occurred and be continuing.,

Assignment and Alienation. Lessor shall have the right to assign, sell or encumber any interest of Lessor in the Aircraft or this Lease and/or the proceeds hereof subject to the rights of Lessee under the provisions of this Lease. To effect or facilitate any such assignment, sale or encumbrance, Lessee agrees to provide provide, at Lessor's cost, such agreements, consents, conveyances or documents as may be reasonably requested by Lessor, which shall include, without limitation, a commercially standard estoppel certificate and an unrestricted release of Lessor from its obligations under this Lease. Lessee hereby agrees that it will not assert against an assignee any claim or defense which it may have against Lessor, save as to antecedent liabilities. The agreements, covenants, obligations and liabilities contained herein including, but not limited to, all obligations to pay Rent and indemnify each Indemnitee are made for the benefit of each Indemnitee and their respective successors and assigns; provided, however, that that, unless consented to by Lessee, no assignment, sale or encumbrance shall increase the aggregate financial exposure under the indemnity obligations or otherwise of Lessee under this Lease as compared to what such obligations would have been had such assignment, sale or encumbrance not occurred. In the event this Lease is assigned, sold or encumbered by 60 Lessor, any assignee, transferee or mortgagee shall agree as a condition precedent thereto not to disturb or otherwise interfere with the quiet enjoyment of Lessee of the Aircraft so long as not no Event or Default shall have occurred and be continuing.

Assignment and Alienation. Lessor shall have the right to assign, sell or encumber any interest of Lessor in the Aircraft Engine or this Lease and/or the proceeds hereof subject to the rights of Lessee under the provisions of this Lease. To effect or facilitate any such assignment, sale or encumbrance, Lessee agrees to provide such agreements, consents, conveyances or documents as may be reasonably requested by Lessor, which shall include, without limitation, a commercially standard estoppel certificate and an unrestricted release of Lessor from its obligations under this Lease. Lessee hereby agrees that it will not assert against an assignee any claim or defense which it may have against Lessorcertificate. The agreements, covenants, obligations and liabilities contained herein including, but not limited to, all obligations to pay Rent rent and indemnify each Indemnitee are made for the benefit of each Indemnitee and their respective successors and assigns; provided, however, that no assignment, sale or encumbrance shall increase the aggregate financial exposure under the indemnity obligations of Lessee under this Lease as compared to what such obligations would have been had such assignment, sale or encumbrance not occurred. In the event this Lease is assigned, sold or encumbered by Lessor, any assignee, transferee or mortgagee shall agree as a condition precedent thereto not to disturb or otherwise interfere with the quiet enjoyment of Lessee of the Aircraft Engine so long as not Event or Default shall have occurred and be continuing.

Assignment and Alienation. Lessor shall have the right to assign, sell or encumber any interest of Lessor in the Aircraft or this Lease and/or the proceeds hereof subject to the rights of Lessee under the provisions of this Lease. To effect or facilitate any such assignment, sale or encumbrance, Lessee agrees to provide such agreements, consents, conveyances or documents as may be reasonably requested by Lessor, which shall include, without limitation, a commercially standard estoppel certificate and an unrestricted release of Lessor from its obligations under this Lease. Lessee hereby agrees that it will not assert against an assignee any claim or defense which it may have against Lessorcertificate. The agreements, covenants, obligations and liabilities contained herein including, but not limited to, all obligations to pay Rent and indemnify each Indemnitee are made for the benefit of each Indemnitee and their respective successors and assigns; provided, however, that no assignment, sale or encumbrance shall in any manner adversely affect Lessee's rights or increase the aggregate financial exposure under the indemnity obligations of Lessee under this Lease or unreasonably increase any other obligation, liability, cost, or expense, as compared to what such obligations indemnity obligations, or any other obligation, liability, cost or expense would have been had such assignment, sale or encumbrance not occurred; provided, however, that as a minimum level cooperation Lessee at its expense shall, if requested by Lessor, (i) execute documents naming any Lender as an Indemnitee hereunder; (ii) cause the Insurances to designate any Lender as a loss payee and additional insured; (iv) provide notices to any Lender pursuant to Section 17 hereof; and (v) execute a reasonable consent to an assignment of this Lease to such Lender. In the event any interest of the Lessor in the Aircraft or this Lease and/or the proceeds therefrom is assigned, sold or encumbered by Lessor, any assignee, transferee transferee, mortgagee, or mortgagee other secured party shall agree as a condition precedent thereto thereto, and shall furnish written evidence of such agreement to Lessee, not to disturb or otherwise interfere with the rights of Lessee under this Lease or the quiet enjoyment of Lessee of the Aircraft so long as not no Event or Default shall have occurred and be continuing; and provided, further, that no such assignment, sale or encumbrance shall be to other than an entity which shall be a United States citizen in accordance with Aviation Law.

Assignment and Alienation. Lessor shall have the right to ------------------------- assign, sell or encumber any interest of Lessor in the Aircraft or this Lease and/or the proceeds hereof subject to the rights of Lessee under the provisions of this Lease. To effect or facilitate any such assignment, sale or encumbrance, Lessee agrees to provide such agreements, consents, conveyances or documents as may be reasonably requested by Lessor, which shall include, without limitation, a commercially standard estoppel certificate and an unrestricted release of Lessor from its obligations under this Lease. Lessee hereby agrees that it will not assert against an assignee any claim or defense which it may have against Lessorcertificate. The agreements, covenants, obligations and liabilities contained herein including, but not limited to, all obligations to pay Rent and indemnify each Indemnitee are made for the benefit of each Indemnitee and their respective successors and assigns; provided, however, that no assignment, sale or encumbrance shall in any manner adversely affect Lessee's rights or increase the aggregate financial exposure under the indemnity obligations of Lessee under this Lease or unreasonably increase any other obligation, liability, cost, or expense, as compared to what such obligations indemnity obligations, or any other obligation, liability, cost or expense would have been had such assignment, sale or encumbrance not occurred; provided, however, that as a minimum level cooperation Lessee at its expense shall, if requested by Lessor, (i) execute documents naming any Lender as an Indemnitee hereunder; (ii) cause the Insurances to designate any Lender as a loss payee and additional insured; (iv) provide notices to any Lender pursuant to Section 17 hereof; and (v) execute a reasonable consent to an assignment of this Lease to such Lender. In the event any interest of the Lessor in the Aircraft or this Lease and/or the proceeds therefrom is assigned, sold or encumbered by Lessor, any assignee, transferee transferee, mortgagee, or mortgagee other secured party shall agree as a condition precedent thereto thereto, and shall furnish written evidence of such agreement to Lessee, not to disturb or otherwise interfere with the rights of Lessee under this Lease or the quiet enjoyment of Lessee of the Aircraft so long as not no Event or Default shall have occurred and be continuing; and provided, further, that no such assignment, sale or encumbrance shall be to other than an entity which shall be a United States citizen in accordance with Aviation Law.