Common use of Continuing Lessor Rights and Obligations Clause in Contracts

Continuing Lessor Rights and Obligations. Customer reserves to itself all rights, claims and interests it may have under the Purchase Agreement not expressly assigned to Lessee hereunder and Customer acknowledges that it remains responsible to perform all of the terms and conditions of the Purchase Agreement, including without limitation responsibility (i) for any payments due Boeing with respect to the Aircraft under Article 3 (Price) and Article 4 (Payment) of the Purchase Agreement and any Spare Parts or Leased Parts for the Aircraft ordered by Customer under Customer’s CSGTA, and (ii) for the risk protections specified in Article 8 of the AGTA.

Appears in 7 contracts

Samples: Supplemental Agreement (Avolon Holdings LTD), Supplemental Agreement (Avolon Holdings LTD), Confidential Treatment (Avolon Holdings LTD)

AutoNDA by SimpleDocs

Continuing Lessor Rights and Obligations. Customer reserves to itself all rights, claims and interests it may have under the Purchase Agreement not expressly assigned to Lessee Assignee hereunder and in the partial assignment (reference 4). Customer acknowledges that it remains responsible to perform all of the terms and conditions of the Purchase Agreement, including without limitation limitation, responsibility (i) for any payments due Boeing with respect to the Aircraft under Article 3 (Price) and Article 4 (Payment) of the Purchase Agreement and any Spare Parts or Leased Parts for the Aircraft ordered by Customer under Customer’s CSGTA, and (ii) for the risk protections specified in Article 8 of the AGTA.

Appears in 2 contracts

Samples: Confidential Treatment (Avolon Holdings LTD), Letter Agreement (Air Lease Corp)

Continuing Lessor Rights and Obligations. Customer reserves to itself all rights, claims and interests it may have under the Purchase Agreement not expressly assigned to Lessee hereunder and Customer acknowledges that it remains responsible to perform all of the terms and conditions of the Purchase Agreement, including without limitation responsibility for (i) for any payments due Boeing with respect to the (a) Aircraft under Article 3 (Price) and Article 4 (Payment) of the Purchase Agreement (Payment) and (b) any Spare Parts or Leased Parts for the Aircraft ordered by Customer under Customer’s CSGTA, and (ii) for the risk protections specified in Article 8 of the AGTA.

Appears in 1 contract

Samples: Letter Agreement (Air Lease Corp)

Continuing Lessor Rights and Obligations. Customer reserves to itself all rights, claims and interests it may have under the Purchase Agreement not expressly assigned to Lessee hereunder and Customer acknowledges that it remains responsible to perform all of the terms and conditions of the Purchase Agreement, including without limitation responsibility for (i) for any payments due Boeing with respect to the (a) Aircraft under Purchase Agreement Article 3 (Price) and Article 4 (Payment) of the Purchase Agreement and (b) any Spare Parts or Leased Parts for the Aircraft ordered by Customer under Customer’s CSGTA, and (ii) for the risk protections specified in Article 8 of the AGTA.

Appears in 1 contract

Samples: Letter Agreement (Air Lease Corp)

AutoNDA by SimpleDocs

Continuing Lessor Rights and Obligations. Customer reserves to itself all rights, claims and interests it may have under the Purchase Agreement not expressly assigned to Lessee hereunder and in the partial assignment (reference 4). Customer acknowledges that it remains responsible to perform all of the terms and conditions of the Purchase Agreement, including without limitation limitation, responsibility for (i) for any payments due Boeing with respect to (a) the Aircraft under Purchase Agreement Article 3 (Price) and Article 4 (Payment) of the Purchase Agreement and (b) any Spare Parts or Leased Parts for the Aircraft ordered by Customer under Customer’s CSGTA, and (ii) for the risk protections specified in Article 8 of the AGTA.

Appears in 1 contract

Samples: Letter Agreement (Air Lease Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.