Compliance with Operative Agreements. Prior to the Effective Time for a Transferred Interest, Assignee will have complied with and satisfied all of the conditions, requirements and other obligations imposed on Assignee pursuant to each of the Leases, Trust Agreements and other Operative Agreements which have not been waived by the party entitled to require compliance with such conditions, requirements or other obligations in order to effect a permitted binding transfer of the Transferred Interests to Assignee.
Appears in 6 contracts
Samples: Aircraft Purchase Agreement (Polaris Aircraft Income Fund Iii), Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Vi), Aircraft Lease Agreement (Polaris Aircraft Income Fund Iv)
