Assignment The Loan Sample Clauses

Assignment The Loan. Asset Documents shall contain provisions prohibiting the assignment by the relevant Loan Asset Borrower of any benefits or obligations under the Loan Asset Documents or with respect to the Underlying Asset or any Part to any person without the consent of the Borrower Group Company acting as lender thereunder in accordance with, and subject to such exceptions as are consistent with, the Standard of Care. 6. Sole Lender A Borrower Group Company must be the sole lender under the Loan Asset, holding 100% of the interest in such Loan Asset. Schedule IX -5- 7. Disposition The Loan Asset Documents shall contain provisions requiring that the relevant Obligor prepay the Loan Asset upon effecting a sale or other disposition of the relevant Asset, plus any applicable premium, other than where the Loan Asset Documents permit replacement collateral, consistent with the Standard of Care. 8. Security The Loan Asset Documents shall require a customary security package (including requirements to register International Interests and assignments thereof) as applicable for the relevant Asset and transaction, as determined in accordance with the Standard of Care. Schedule X-1 SCHEDULE X INSURANCE PROVISIONS Owned Asset Type Model Liability Insurance Amount* Engines  [*]  [*] US $[*] million  [*]  [*]  [*]  [*] US $[*] million  [*]  [*]  [*]  [*] US $[*] million Airframes  [*] US $[*] million  [*]  [*] US $[*] million * The applicable amount for each Engine operated on an aircraft that is, or Airframe that is, a non- passenger (cargo) aircraft is [*]% of the amount set forth above. During periods while an Owned Asset is off-lease or not being operated in commercial revenue service, the limit described above will not be applicable, but the applicable limit will be the amount substantially consistent with the customary practices of leading international aircraft or Aircraft Engine (as applicable) operating lessors (which so long as the Servicer is WLFC, shall be deemed to be the customary practice of WLFC) regarding similar aircraft or Aircraft Engines, as applicable, owned or managed by it or its Affiliates. Schedule XI-1 SCHEDULE XI FORM OF MONTHLY REPORT [To be attached]
Sample 1
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Related to Assignment The Loan

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

  • Amendment This Warrant may be modified or amended or the provisions hereof waived with the written consent of the Company and the Holder.

  • Representations and Warranties The Borrower represents and warrants to the Lenders that:

  • Indemnification In the event any Registrable Securities are included in a Registration Statement under this Agreement:

  • Waiver The waiver by any party hereto of a breach of any provision of this Agreement shall not operate or be construed as a waiver of any other or subsequent breach.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Counterparts This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

  • Survival The representations and warranties contained herein shall survive the Closing and the delivery of the Securities.

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