Common use of Boeing Rights and Obligations Clause in Contracts

Boeing Rights and Obligations. Customer and Lessee confirm expressly for the benefit of Boeing that nothing in this assignment will (i) subject Boeing to any obligation or liability to which it would not otherwise be subject under the Purchase Agreement or limit, restrict, or change in any respect Boeing’s rights, representations, warranties, indemnities or other agreements thereunder, except as otherwise expressly provided herein, (ii) limit any rights of set-off Boeing may have under applicable law, or (iii) require Boeing to divest itself of title to or possession of the Aircraft until delivery thereof and payment therefore as provided in the Purchase Agreement.

Appears in 5 contracts

Samples: Supplemental Agreement (Avolon Holdings LTD), Supplemental Agreement (Avolon Holdings LTD), Letter Agreement (Avolon Holdings LTD)

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Boeing Rights and Obligations. Customer and Lessee confirm expressly for the benefit of Boeing that nothing in this assignment Assignment will (i) subject Boeing to any obligation or liability to which it would not otherwise be subject under the Purchase Agreement or limit, restrict, or change in any respect Boeing’s rights, representations, warranties, indemnities or other agreements thereunder, except as otherwise expressly provided herein, (ii) limit any rights of set-off Boeing may have under applicable law, or (iii) require Boeing to divest itself of title to or possession of the Aircraft until delivery thereof and payment therefore as provided in the Purchase Agreement.

Appears in 1 contract

Samples: Confidential Treatment (Avolon Holdings LTD)

Boeing Rights and Obligations. Customer and Lessee confirm expressly for the benefit of Boeing that nothing in this assignment will (i) subject Boeing to any obligation or liability to which it would not otherwise be subject under the Purchase Agreement or limit, restrict, or change in any respect Boeing’s rights, representations, warranties, indemnities or other agreements thereunder, except as otherwise expressly provided herein, (ii) limit any rights of set-off Boeing may have under applicable law, or (iii) require Boeing to divest itself of title to or possession of the Aircraft until delivery thereof and payment therefore as provided in the Purchase Agreement. In addition to its rights under the Purchase Agreement, Boeing has third party beneficiary rights to enforce the terms of this Partial Assignment against Lessee.

Appears in 1 contract

Samples: Letter Agreement (Air Lease Corp)

Boeing Rights and Obligations. Customer and Lessee confirm expressly for the benefit of Boeing that nothing in this assignment will Assignment shall (i) subject Boeing to any obligation or liability to which it would not otherwise be subject under the Purchase Agreement or limit, restrict, or change in any respect Boeing’s 's rights, representations, warranties, indemnities or other agreements thereunder, except as otherwise expressly provided herein, (ii) limit any rights of set-off Boeing may have under applicable law, or (iii) require Boeing to divest itself of title to or possession of the Aircraft until delivery thereof and payment therefore as provided in the Purchase Agreement. In addition to its rights under the Purchase Agreement, Boeing has third party beneficiary rights to enforce the terms of this Assignment against Lessee.

Appears in 1 contract

Samples: Letter Agreement (Air Lease Corp)

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Boeing Rights and Obligations. Customer and Lessee confirm expressly for the benefit of Boeing that nothing in this assignment will Assignment shall (i) subject Boeing to any obligation or liability to which it would not otherwise be subject under the Purchase Agreement or limit, restrict, or change in any respect Boeing’s rights, representations, warranties, indemnities or other agreements thereunder, except as otherwise expressly provided herein, (ii) limit any rights of set-off Boeing may have under applicable law, or (iii) require Boeing to divest itself of title to or possession of the Aircraft until delivery thereof and payment therefore as provided in the Purchase Agreement.

Appears in 1 contract

Samples: Letter Agreement (Air Lease Corp)

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