Common use of GOVERNMENT REQUISITION Clause in Contracts

GOVERNMENT REQUISITION. If the Aircraft, Airframe, any Engine or the APU is requisitioned for use by any Government Entity, Lessee will promptly notify Lessor of such requisition. All of Lessee’s obligations hereunder will continue as if such requisition had not occurred. So long as no Default or Event of Default has occurred and is continuing, all payments received by Lessor or Lessee from such Government Entity will be paid over to or retained by Lessee. If a Default or Event of Default has occurred and is continuing, all payments received by Lessee or Lessor from such Government Entity may be used by Lessor to satisfy any obligations owing by Lessee. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.

Appears in 2 contracts

Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)

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GOVERNMENT REQUISITION. If the Aircraft, Airframe, any Engine or the APU is requisitioned for use by any Government Goverment Entity, Lessee LESSEE will promptly notify Lessor LESSOR of such requisition. All of LesseeLESSEE’s obligations hereunder will continue as if such requisition had not occurred. So long as no Default or Event of Default has occurred and is continuing, all payments received by Lessor LESSOR or Lessee LESSEE from such Government Entity will be paid over to or retained by LesseeLESSEE. If a Default or Event of Default has occurred and is continuing, all payments received by Lessee LESSEE or Lessor LESSOR from such Government Entity may be used by Lessor LESSOR to satisfy any obligations owing by Lessee. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange CommissionLESSEE.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Copa Holdings, S.A.)

GOVERNMENT REQUISITION. If the Aircraft, Airframe, any Engine or the APU is requisitioned for use by any Government Entity, Lessee LESSEE will promptly notify Lessor LESSOR of such requisition. All of LesseeLESSEE’s obligations hereunder will continue as if such requisition had not occurred. So long as no Default or Event of Default has occurred and is continuing, all payments received by Lessor LESSOR or Lessee LESSEE from such Government Entity will be paid over to or retained by LesseeLESSEE. If a Default or Event of Default has occurred and is continuing, all payments received by Lessee LESSEE or Lessor LESSOR from such Government Entity may be used by Lessor LESSOR to satisfy any obligations owing by LesseeLESSEE. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.71 ARTICLE 19 LOSS, DAMAGE AND REQUISITION

Appears in 1 contract

Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)

GOVERNMENT REQUISITION. If the Aircraft, Airframe, any Engine or the APU is requisitioned for use by any Government Entity, Lessee LESSEE will promptly notify Lessor LESSOR of such requisition. All of LesseeLESSEE’s obligations hereunder will continue as if such requisition had not occurred. So long as no Default or Event of Default has occurred and is continuing, all payments received by Lessor LESSOR or Lessee LESSEE from such Government Entity will be paid over to or retained by LesseeLESSEE. If a Default or Event of Default has occurred and is continuing, all payments received by Lessee LESSEE or Lessor LESSOR from such Government Entity may be used by Lessor LESSOR to satisfy any obligations owing by LesseeLESSEE. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.67 ARTICLE 19 LOSS, DAMAGE AND REQUISITION

Appears in 1 contract

Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)

GOVERNMENT REQUISITION. If the Aircraft, Airframe, any Engine or the APU is requisitioned for use by any Government Entity, Lessee LESSEE will promptly notify Lessor LESSOR of such requisition. All of Lessee’s LESSEE's obligations hereunder will continue as if such requisition had not occurred. So long as no Default or Event of Default has occurred and is continuing, all payments received by Lessor LESSOR or Lessee LESSEE from such Government Entity will be paid over to or retained by LesseeLESSEE. If a Default or Event of Default has occurred and is continuing, continuing all payments received by Lessee LESSEE or Lessor LESSOR from such Government Entity may be used by Lessor LESSOR to satisfy any obligations owing by Lessee. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange CommissionLESSEE.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Copa Holdings, S.A.)

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GOVERNMENT REQUISITION. If the Aircraft, Airframe, any Engine or the APU is requisitioned for use by any Government Entity, Lessee LESSEE will promptly notify Lessor LESSOR of such requisition. All of LesseeLESSEE’s obligations hereunder will continue as if such requisition had not occurred. So long as no Default or Event of Default has occurred and is continuing, all payments received by Lessor LESSOR or Lessee LESSEE from such Government Entity will be paid over to or retained by LesseeLESSEE. If a Default or Event of Default has occurred and is continuing, all payments received by Lessee LESSEE or Lessor LESSOR from such Government Entity may be used by Lessor LESSOR to satisfy any obligations owing by LesseeLESSEE. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)

GOVERNMENT REQUISITION. If the Aircraft, Airframe, any Engine or the APU is requisitioned for use by any Government Goverment Entity, Lessee LESSEE will promptly notify Lessor LESSOR of such requisition. All of Lessee’s LESSEE's obligations hereunder will continue as if such requisition had not occurred. So long as no Default or Event of Default has occurred and is continuing, all payments received by Lessor LESSOR or Lessee LESSEE from such Government Entity will be paid over to or retained by LesseeLESSEE. If a Default or Event of Default has occurred and is continuing, all payments received by Lessee LESSEE or Lessor LESSOR from such Government Entity may be used by Lessor LESSOR to satisfy any obligations owing by Lessee. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange CommissionLESSEE.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Copa Holdings, S.A.)

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