Common use of Cost of Exercise of Remedies Clause in Contracts

Cost of Exercise of Remedies. In addition, the Lessee shall be liable, except as otherwise provided above, for any and all unpaid Rent due before, after or during the exercise of any of the Lessor's remedies, for all amounts payable by the Lessee under the Participation Agreement before or after any termination hereof, and for all reasonable legal fees and other costs and expenses incurred by the Lessor, the Indenture Trustee or the Owner Participant by reason of the occurrence of any Event of Default or the exercise of the Lessor's remedies, including, without limitation, all costs and expenses incurred in connection with the return of the Airframe or any Engine in accordance with the terms of Article 12 hereof or in placing the Airframe or Engines in the condition and state of airworthiness required by such Article or in connection with any inspection, use, operation, maintenance, insurance, storage, or leasing carried out as part of such exercise.

Cost of Exercise of Remedies. In addition, the Lessee shall be liable, except as otherwise provided above, for any and all unpaid Rent due before, after or during the exercise of any of the Lessor's remedies, for all amounts payable by the Lessee under the Participation Agreement before or after any termination hereof, and for all reasonable legal fees and other costs and expenses incurred by the Lessor, the Indenture Trustee or the any Owner Participant by reason of the occurrence of any Event of Default or the exercise of the Lessor's remedies, including, without limitation, all costs and expenses incurred in connection with the return of the Airframe or any Engine in accordance with the terms of Article 12 hereof or in placing the Airframe or Engines in the condition and state of airworthiness required by such Article or in connection with any inspection, use, operation, maintenance, insurance, storage, or leasing carried out as part of such exercise.

Cost of Exercise of Remedies. In addition, the Lessee shall be liable, except as otherwise provided above, for any and all unpaid Rent due before, after or during the exercise of any of the Lessor's remedies, for all amounts payable by the Lessee under the Participation Agreement before or after any termination hereof, and for all reasonable legal fees and other costs and expenses incurred by the Lessor, the Indenture Trustee or the Owner Participant by reason of the occurrence of any Event of Default or the exercise of the Lessor's remedies, including, without limitation, all costs and expenses incurred in connection with the return of the Airframe or any Engine in accordance with the terms of Article 12 hereof or in placing the Airframe or Engines in the condition and state of airworthiness required by such Article or in connection with any inspection, use, operation, maintenance, insurance, storage, or leasing carried out as part of such exercise.