Common use of CERTAIN PROTECTIONS FOR LESSEE'S BENEFIT Clause in Contracts

CERTAIN PROTECTIONS FOR LESSEE'S BENEFIT. The rights of Lessee under this Agreement shall be superior to the rights of any Additional Mortgagee or Head Lessor, and the Lessor shall require each Additional Mortgagee and Head Lessor to agree in writing with the Lessee that such Additional Mortgagee's and Head Lessor's rights in and to the Aircraft shall be subject to the terms of this Agreement, including to the Lessee's rights to the quiet use, possession and enjoyment provisions contained in this Agreement. Except as expressly set forth in this Agreement, no Additional Mortgage or Head Lease shall increase the responsibilities, obligations or liabilities of the Lessee or deprive the Lessee of any of its rights or privileges under this Agreement. The Lessor's obligations to perform the terms and conditions of this Lease shall remain in full force and effect notwithstanding the creation of any Additional Mortgage or Head Lease. Lessor shall not create any Additional Mortgage or enter into any Head Lease that violates the terms of this Clause 14.6.

Appears in 3 contracts

Samples: Lease Agreement (Turn Works Acquisition Iii Sub a Inc), Lease Agreement (Turn Works Acquisition Iii Sub a Inc), Lease Agreement (Turn Works Acquisition Iii Sub a Inc)

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CERTAIN PROTECTIONS FOR LESSEE'S BENEFIT. The rights of Lessee under this Agreement shall be superior to the rights of any Additional Mortgagee or Head Lessor, and the Lessor shall require each Additional Mortgagee and Head Lessor to agree in writing with the Lessee that such Additional Mortgagee's and Head Lessor's rights in and to the Aircraft shall be subject to the terms of this Agreement, including to the Lessee's rights to the quiet use, possession and enjoyment provisions contained in this Agreement. Except as expressly set forth in this Agreement, no Additional Mortgage or Head Lease shall increase the responsibilities, obligations or liabilities (including with respect to Taxes) of the Lessee or deprive the Lessee of any of its rights or privileges under this AgreementAgreement (including the right to register the Aircraft in the State of Registration). The Lessor's obligations to perform the terms and conditions of this Lease Agreement shall remain in full force and effect notwithstanding the creation of any Additional Mortgage or Head Lease. Lessor shall not create any Additional Mortgage or enter into any Head Lease that violates the terms of this Clause 14.6.

Appears in 1 contract

Samples: Lease Agreement (Airfund International Limited Partnership)

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