Common use of CONDITIONS PRECEDENT TO THE OBLIGATIONS OF LESSEE AND THE GUARANTOR Clause in Contracts

CONDITIONS PRECEDENT TO THE OBLIGATIONS OF LESSEE AND THE GUARANTOR. It is agreed that (A) the obligations of Lessee to sell the Aircraft to the Owner Trustee and to accept delivery of the Aircraft under the Lease, and (B) the obligations of Lessee and the Guarantor to enter into the other Operative Documents, are all subject to the fulfillment to the satisfaction of Lessee and the Guarantor prior to or on the Delivery Date of the following conditions precedent:

Appears in 4 contracts

Samples: Participation Agreement (Northwest Airlines Corp), Participation Agreement (Northwest Airlines Corp), Participation Agreement (Northwest Airlines Inc /Mn)

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CONDITIONS PRECEDENT TO THE OBLIGATIONS OF LESSEE AND THE GUARANTOR. It is agreed that (A) the obligations of Lessee to sell the Aircraft to the Owner Trustee and to accept delivery of the Aircraft under the Lease, and (B) the obligations of Lessee and the Guarantor to enter into the other Operative DocumentsDocuments on the Delivery Date, are all subject to the fulfillment to the satisfaction of Lessee and the Guarantor prior to or on the Delivery Date of the following conditions precedent:

Appears in 1 contract

Samples: Lease Agreement (Northwest Airlines Corp)

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