Common use of Intermediate Lessees Clause in Contracts

Intermediate Lessees. In connection with (i) the replacement of any Lease of any Pool Aircraft, (ii) the addition of Non-Pool Aircraft to the Designated Pool, or (iii) any Requirement of Law, a Lessor Subsidiary shall be entitled, by giving notice (an “Intermediate Lease Notice”) to the Administrative Agent, to enter into an Intermediate Lease with an Intermediate Lessee with respect to such Aircraft; provided that:

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Fly Leasing LTD), Term Loan Credit Agreement (Fly Leasing LTD)

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Intermediate Lessees. In connection with (i) the replacement of any Lease of any Pool Aircraft, (ii) the addition of Non-Pool Aircraft to the Designated PoolPool pursuant to Section 5.22, or (iii) any Requirement of Law, a Lessor Subsidiary any Borrower shall be entitled, by giving notice (an “Intermediate Lease Notice”) to the Administrative AgentLender Parties and the FRBNY, to enter into an Intermediate Lease with an Intermediate Lessee with respect to such Aircraft; provided that:

Appears in 2 contracts

Samples: Aircraft Lease Agreement (International Lease Finance Corp), Aircraft Lease Agreement (International Lease Finance Corp)

Intermediate Lessees. In connection with (i) the replacement of any Lease of any Pool Aircraft, (ii) the addition of Non-Pool Aircraft to the Designated Pool, or (iii) any Requirement of LawLaw applicable to the Issuer or another Grantor or a Lessee or a Pool Aircraft, a Lessor Subsidiary the Issuer shall be entitled, by giving notice (an “Intermediate Lease Notice”) to the Administrative AgentSecurity Trustee, to enter into an Intermediate Lease with an Intermediate Lessee with respect to such Aircraftaircraft; provided that:

Appears in 1 contract

Samples: Aircraft Lease Agreement (International Lease Finance Corp)

Intermediate Lessees. In connection with (i) the replacement of any Lease of any Pool Aircraft, (ii) the addition of Non-Pool Aircraft to the Designated Pool, or (iii) any Requirement of Law, a Lessor Subsidiary shall be entitled, by giving notice (an "Intermediate Lease Notice") to the Administrative Agent, to enter into an Intermediate Lease with an Intermediate Lessee with respect to such Aircraft; provided that:

Appears in 1 contract

Samples: Credit Agreement (Fly Leasing LTD)

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Intermediate Lessees. In connection with (i) the replacement of any Lease of any Pool Aircraft, (ii) the addition of Non-Pool Aircraft to the Designated Pool, or (iii) any Requirement of Law, a the Lessor Subsidiary shall be entitled, by giving notice (an “Intermediate Lease Notice”) to the Administrative Agent, to enter into an Intermediate Lease with an Intermediate Lessee with respect to such Pool Aircraft; provided that:

Appears in 1 contract

Samples: Aircraft Lease Agreement (International Lease Finance Corp)

Intermediate Lessees. In connection with (i) the replacement of any Lease of any Pool Aircraft, (ii) the addition of Non-Pool Aircraft to the Designated Pool, or (iii) any Requirement of Law, a Lessor Subsidiary the Borrower shall be entitled, by giving notice (an “Intermediate Lease Notice”) to the Administrative Agent, to enter into an Intermediate Lease with an Intermediate Lessee with respect to such Aircraft; provided that:

Appears in 1 contract

Samples: Aircraft Lease Agreement (International Lease Finance Corp)

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