Common use of Execution, Amendment, Modification or Termination of Aircraft Assets Related Documents Clause in Contracts

Execution, Amendment, Modification or Termination of Aircraft Assets Related Documents. No later than ten Business Days after the date that (i) any agreement, instrument or other document becomes an Aircraft Assets Related Document or (ii) any Aircraft Assets Related Document shall have been amended, modified or terminated, AerCo shall deliver written notice thereof to the Servicer together with (A) in the case of any newly executed Aircraft Assets Related Document, a true and complete copy of such Aircraft Assets Related Document, a list of all Aircraft Assets to which it relates and a description, in reasonable detail, of the relevance of such Aircraft Assets Related Document to such assets or (B) in the case of any amendment, modification or termination, a true and complete copy of the agreement, instrument or other document as so amended, modified or terminated; provided however, that such notice or such document shall not be required to be delivered if the Servicer was substantially involved in the preparation and execution of such new, amended, modified or terminated agreement, instrument or other document. The Servicer shall not be obligated to perform any Services with respect to or in accordance or connection with any Aircraft Assets Related Document or any amendment, modification or termination thereof unless and until AerCo shall have provided it with a copy thereof in accordance with the foregoing sentence.

Appears in 4 contracts

Samples: Servicing Agreement (Aerco LTD), Servicing Agreement (Aerco LTD), Servicing Agreement (Aerco LTD)

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