Common use of INFORMATION FOR FILINGS Clause in Contracts

INFORMATION FOR FILINGS. Borrower shall promptly furnish to Security Agent such information within Borrower’s possession or reasonably available or obtainable by Borrower (without out-of-pocket cost or expense to Borrower unless Security Agent reimburses Borrower for such out-of-pocket cost or expense) as may be required to enable Security Agent timely to file any reports required to be filed by it as Security Agent under this Mortgage with any Governmental Entity because of, or in connection with, the interest of Security Agent in the Aircraft, the Airframe or the Engines, or any other part of the Collateral; provided, however, that with respect to any such information which Borrower reasonably deems commercially sensitive or confidential, Security Agent, so long as delay in providing such information will not expose Security Agent to any risk of criminal liability or any material risk of material civil liability, shall afford Borrower a reasonable opportunity to seek from any such Governmental Entity a waiver of the obligation to provide any such information, or a consent to the filing of such information directly by Borrower in lieu of filing by Security Agent, and if any such waiver or consent is evidenced to the reasonable satisfaction of Security Agent then Borrower shall not be required to furnish such information to Security Agent

Appears in 5 contracts

Samples: Loan Agreement (Airtran Holdings Inc), Loan Agreement (Airtran Holdings Inc), Loan Agreement (Airtran Holdings Inc)

AutoNDA by SimpleDocs

INFORMATION FOR FILINGS. Borrower shall promptly furnish to Security Agent such information within Borrower’s possession or reasonably available or obtainable by Borrower (without out-of-pocket cost or expense to Borrower unless Security Agent reimburses Borrower for such out-of-pocket cost or expense) as may be required to enable Security Agent timely to file any reports required to be filed by it as Security Agent under this Mortgage with any Governmental Entity because of, or in connection with, the interest of Security Agent in the Aircraft, the Airframe or the Engines, or any other part of the Collateral; provided, however, that with respect to any such information which Borrower reasonably deems commercially sensitive or confidential, Security Agent, so long as delay in providing such information will not expose Security Agent to any risk of criminal liability or any material risk of material civil liability, shall afford Borrower a reasonable opportunity to seek from any such Governmental Entity a waiver of the obligation to provide any such information, or a consent to the filing of such information directly by Borrower in lieu of filing by Security Agent, and if any such waiver or consent is evidenced to the reasonable satisfaction of Security Agent then Borrower shall not be required to furnish such information to Security Agent.

Appears in 1 contract

Samples: Loan Agreement (Airtran Holdings Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!