Common use of Effect of No Sale or Preemptive Delivery to Lessor Clause in Contracts

Effect of No Sale or Preemptive Delivery to Lessor. If on the Termination Date no sale of the Aircraft shall have occurred and the Lessee has not delivered the Aircraft to the Lessor pursuant to Section 14(c), the Lessee's notice given pursuant to Section 14(a) shall be deemed to be withdrawn as of such date and this Lease shall continue in full force and effect.

Appears in 5 contracts

Samples: Lease Agreement (Republic Airways Holdings Inc), Lease Agreement (Midway Airlines Corp), Lease Agreement (Republic Airways Holdings Inc)

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Effect of No Sale or Preemptive Delivery to Lessor. If on the Termination Date no sale of the Aircraft shall have occurred and the Lessee has not delivered the Aircraft to the Lessor pursuant to Section 14(c10(c), the Lessee's notice given pursuant to Section 14(a10(a) shall be deemed to be withdrawn as of such date and this Lease shall continue in full force and effect.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (Republic Airways Holdings Inc), Assignment and Assumption Agreement (Republic Airways Holdings Inc), Assignment and Assumption Agreement (Republic Airways Holdings Inc)

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