Inspection; Lender Meeting. Lessee will, and will cause its Subsidiaries to, permit any authorized representatives designated by Lessor, Agent or any Lender to visit and inspect any of the properties of Lessee or any of its Subsidiaries, including the Aircraft or any part thereof and any Engine, and its and their financial and accounting records, and to make copies and take extracts therefrom, and to discuss its and their affairs, finances and accounts with its and their officers and independent public accountants (provided that Lessee may, if it so chooses, be present at or participate in any such discussion), all upon reasonable notice and at such reasonable times during normal business hours and as often as may be reasonably requested; provided that so long as no Lease Event of Default shall have occurred and be continuing, such inspection shall not be disruptive to Lessee's business, as reasonably determined by Lessee. Without in any way limiting the foregoing, Lessee will, upon the request of Lessor or Agent, participate in a meeting of Agent and Lenders once during each fiscal year to be held at Lessee's corporate offices (or such other location as may be agreed to by Lessee, Lessor and Agent) at such time as may be agreed to by Lessee, Lessor and Agent.
Appears in 5 contracts
Samples: Lease Agreement (Atlas Air Inc), Lease Agreement (Atlas Air Inc), Lease Agreement (Atlas Air Inc)
Inspection; Lender Meeting. Lessee will, and will cause its Subsidiaries to, permit any authorized representatives designated by Lessor, Agent or any Lender to visit and inspect any of the properties of Lessee or any of its Subsidiaries, including the Aircraft or any part thereof and any Engine and any Spare Engine, and its and their financial and accounting records, and and, with the permission of Lessee which shall not be unreasonably withheld, to make copies and take extracts therefrom, and to discuss its and their affairs, finances and accounts with its and their officers and independent public accountants (provided that Lessee may, if it so chooses, be present at or participate in any such discussion), all upon reasonable notice and at such reasonable times during normal business hours and as often as may be reasonably requested; provided that so long as no Lease Event of Default shall have occurred and be continuing, such inspection shall not be disruptive to Lessee's business, as reasonably determined by Lessee. Without in any way limiting the foregoing, Lessee will, upon the request of Lessor or Agent, participate in a meeting of Agent and Lenders once during each fiscal year to be held at Lessee's corporate offices (or such other location as may be agreed to by Lessee, Lessor and Agent) at such time as may be agreed to by Lessee, Lessor and Agent.
Appears in 4 contracts
Samples: Lease Agreement (Atlas Air Inc), Lease Agreement (Atlas Air Inc), Lease Agreement (Atlas Air Inc)