CROSS COLLATERALISATION. 5.11.1 The Buyer hereby agrees that, notwithstanding any provision to the contrary in this Agreement, in the event that the Buyer should fail to make any material payment owing under this Agreement or under any other agreement between the Buyer and the Seller and/or any of their respective Affiliates (the “Other Agreement”), the Seller may:
Appears in 4 contracts
Samples: A350 Purchase Agreement (China Southern Airlines Co LTD), A350 XWB Purchase Agreement (Latam Airlines Group S.A.), Letter Agreement (China Southern Airlines Co LTD)
CROSS COLLATERALISATION. 5.11.1 The Buyer hereby agrees that, notwithstanding any provision to the contrary in this Agreement, in the event that the Buyer should fail to make any material payment owing under this Agreement or under any other under any aircraft purchase, spare parts purchase, financing or leasing agreement between the Buyer and the Seller and/or any of their respective Affiliates (the “Other Agreement”)) in an amount exceeding [***], the Seller may:
Appears in 1 contract
CROSS COLLATERALISATION. 5.11.1 The Buyer hereby agrees that, notwithstanding any provision to the contrary in this AGTA and/or the relevant Purchase Agreement, in the event that the Buyer or any of its Affiliates should fail to make any material payment owing under this AGTA and/or under any Purchase Agreement or and/or under any other agreement between the Buyer and the Seller and/or any of their respective Affiliates (the “Other Agreement”), the Seller may, unless otherwise mutually agreed upon by the Seller and the Buyer:
Appears in 1 contract
CROSS COLLATERALISATION. 5.11.1 5.12.1 The Buyer hereby agrees that, notwithstanding any provision to the contrary in this Agreement, in the event that the Buyer should fail to make any material payment owing under this Agreement or under any other agreement between the Buyer and the Seller and/or any of their respective Affiliates (the “Other Agreement”), the Seller may:
Appears in 1 contract
