COMMITMENT TO LEASE AIRCRAFT. Subject to the terms and conditions of this Agreement, concurrently with the issuance of the Equipment Notes on the Delivery Date, Owner Trustee shall purchase and accept delivery of the Aircraft under and pursuant to the Purchase Agreement and the Purchase Agreement Assignment, and thereupon Owner Trustee shall lease the Aircraft to Lessee, and Lessee shall lease the Aircraft from Owner Trustee, under the Lease.
Appears in 13 contracts
Samples: Lease Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Atlas Air Inc)
COMMITMENT TO LEASE AIRCRAFT. Subject to the terms and conditions of this Agreement, concurrently with the issuance of the Equipment Notes on the Delivery DateNotes, Owner Trustee shall purchase and accept delivery of the Aircraft under and pursuant to the Purchase Agreement and the Purchase Agreement Assignment, and thereupon Owner Trustee shall lease the Aircraft to Lessee, and Lessee shall lease the Aircraft from Owner Trustee, under the Lease.and
Appears in 1 contract
Samples: Participation Agreement (Continental Airlines Inc /De/)
COMMITMENT TO LEASE AIRCRAFT. Subject to the terms and conditions of this Agreement, concurrently with the issuance of the Equipment Notes on the Delivery DateNotes, Owner Trustee shall purchase and accept delivery of the Aircraft under and pursuant to the Purchase Agreement and the Purchase Agreement Assignment, and thereupon Owner Trustee shall lease the Aircraft to Lessee, and Lessee shall lease the Aircraft from Owner Trustee, under the Lease.--------
Appears in 1 contract
Samples: Participation Agreement (Continental Airlines Inc /De/)