Common use of Benefit of Security Agreement Clause in Contracts

Benefit of Security Agreement. Nothing in this Security Agreement, whether express or implied, shall be construed to give to any Person other than the Borrower, the Security Trustee and the Lender any legal or equitable right, remedy or claim under or in respect of this Security Agreement.

Appears in 2 contracts

Samples: Aircraft Security Agreement (Republic Airways Holdings Inc), Security Agreement (Republic Airways Holdings Inc)

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Benefit of Security Agreement. Nothing in this Security Agreement, whether express or implied, shall be construed to give to any Person other than the BorrowerGrantor, the Security Trustee Collateral Agent and the Lender Secured Parties any legal or equitable right, remedy or claim under or in respect of this Security Agreement.

Appears in 2 contracts

Samples: Security Agreement (American Airlines Inc), Aircraft Security Agreement (American Airlines Inc)

Benefit of Security Agreement. Nothing in this Security Agreement, whether express or implied, shall be construed to give to any Person other than the Borrower, the Security Trustee Borrower and the Lender any legal or equitable right, remedy or claim under or in respect of this Security Agreement.

Appears in 1 contract

Samples: Aircraft Security Agreement (Republic Airways Holdings Inc)

Benefit of Security Agreement. Nothing in this Security Agreement, whether express or implied, shall be construed to give to any Person other than the BorrowerAmerican, the Security Trustee Agent and the Lender Secured Parties or the other Indemnified Persons any legal or equitable right, remedy or claim under or in respect of this Security Agreement.

Appears in 1 contract

Samples: Aircraft Security Agreement (Amr Corp)

Benefit of Security Agreement. Nothing in this Security Agreement, whether express or implied, shall be construed to give to any Person other than the BorrowerCompany, the Security Trustee Trustee, the Facility Agents and the Lender Lenders any legal or equitable right, remedy or claim under or in respect of this Security Agreement.

Appears in 1 contract

Samples: Framework Agreement (Spirit Airlines, Inc.)

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Benefit of Security Agreement. Nothing in this Security Agreement, whether express or implied, shall be construed to give to any Person other than the Borrower, the Security Trustee Trustee, the Facility Agent and the Lender Lenders (and their respective permitted successors and assigns) any legal or equitable right, remedy or claim under or in respect of this Security Agreement.. Section 11.5 [Reserved]. Section 11.6

Appears in 1 contract

Samples: Purchase Agreement Assignment and Security Agreement (Allegiant Travel CO)

Benefit of Security Agreement. Nothing in this Security Agreement, whether express or implied, shall be construed to give to any Person other than the BorrowerGrantor, Agent, the Security Trustee Lender Group, and the Lender Bank Product Providers, any legal or equitable right, remedy or claim under or in respect of this Security Agreement.

Appears in 1 contract

Samples: Aircraft and Engine Security Agreement (Erickson Air-Crane Inc.)

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