Common use of COMMITMENT TO LEASE Clause in Contracts

COMMITMENT TO LEASE. Subject to the terms and conditions of this Agreement, concurrently with the issuance of the Equipment Notes and the purchase of the Aircraft by the Owner Trustee on the Closing Date, Owner Trustee shall lease the Aircraft to Lessee, and Lessee shall lease the Aircraft from Owner Trustee, under the Lease.

Appears in 4 contracts

Samples: Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/)

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COMMITMENT TO LEASE. Subject to the terms and conditions of this Agreement, concurrently with the issuance of the Equipment Notes and the purchase of the Aircraft by the Owner Trustee on the Closing DateNotes, Owner Trustee shall continue the lease of the Aircraft to Lessee, and Lessee shall continue the lease of the Aircraft from Owner Trustee, under the Lease.Lease.]6

Appears in 2 contracts

Samples: Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/)

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COMMITMENT TO LEASE. Subject to the terms and conditions of this Agreement, concurrently with the issuance of the Equipment Notes and the purchase of the Aircraft by the Owner Trustee on the Closing DateNotes, Owner Trustee shall continue the lease of the Aircraft to Lessee, and Lessee shall continue the lease of the Aircraft from Owner Trustee, under the Lease.

Appears in 1 contract

Samples: Participation Agreement (Continental Airlines Inc /De/)

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