Common use of Leasing Credit Memorandum Clause in Contracts

Leasing Credit Memorandum. Customer expressly intends to lease the Aircraft to a third party or parties (Lessee or Lessees) who is/are in the commercial airline business as aircraft operator(s). As an incentive for and in consideration of Customer entering into a lease for the 787-9 Aircraft prior to delivery of the 787-9 Aircraft to be leased, in accordance with the requirements set forth in the Purchase Agreement, Boeing will issue to Customer a Leasing Credit Memorandum, which under no circumstances may be assigned, in the following amount: [*]

Appears in 5 contracts

Samples: Letter Agreement (Air Lease Corp), Letter Agreement (Air Lease Corp), Purchase Agreement (Air Lease Corp)

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Leasing Credit Memorandum. Customer expressly intends to lease the Aircraft to a third party or parties (Lessee or Lessees) who is/are in the commercial airline business as aircraft operator(s). As an incentive for and in consideration of Customer entering into a lease for the 787-9 Block A Aircraft prior to delivery of the 787-9 Aircraft to be leased, in accordance with the requirements set forth in the Purchase Agreement, Boeing will issue to Customer at delivery of each 787-9 Block A Aircraft, a leasing credit memorandum (Leasing Credit Memorandum) in the amount of [*]. Customer will not be permitted to assign this Leasing Credit Memorandum, which under no circumstances may be assignedin whole or in part, in without the following amount: [*]prior written consent of Boeing.

Appears in 2 contracts

Samples: Letter Agreement (Air Lease Corp), Letter Agreement (Air Lease Corp)

Leasing Credit Memorandum. Customer expressly intends to lease the Aircraft to a third party or parties (Lessee or Lessees) who is/are in the commercial airline business as aircraft operator(s). As an incentive for and in consideration of Customer entering into a lease for the 787-9 10 Block A Aircraft prior to delivery of the 787-9 10 Block A Aircraft to be leased, in accordance with the requirements set forth in the Purchase Agreement, Boeing will issue to Customer a Leasing Credit Memorandum, which under no circumstances may be assigned, Memorandum in the following amount: amount of [*]. Under no circumstances will Customer be permitted to assign this Leasing Credit Memorandum.

Appears in 2 contracts

Samples: Letter Agreement (Air Lease Corp), Letter Agreement (Air Lease Corp)

Leasing Credit Memorandum. Customer expressly intends to lease the Aircraft and 737-9 [*] to a third party or parties (Lessee or Lessees) who is/are in the commercial airline business as aircraft operator(s)operators. As an additional consideration and incentive for and in consideration of Customer entering into a lease for the 787Aircraft and 737-9 Aircraft [*] prior to delivery of the 787each such Aircraft or 737-9 Aircraft to be leased, in accordance with the requirements set forth in the Purchase Agreement[*], Boeing will issue to Customer a leasing credit memorandum (Leasing Credit Memorandum, which under no circumstances may be assigned, ) in an *Confidential material omitted and filed separately with the following amount: [*]Securities and Exchange Commission pursuant to a request for confidential treatment.

Appears in 1 contract

Samples: Supplemental Agreement (Air Lease Corp)

Leasing Credit Memorandum. Customer expressly intends to lease the 737-800 Aircraft to a third party or parties (Lessee or Lessees) who is/are in the commercial airline business as aircraft operator(s)operators. As an additional consideration and incentive for and in consideration of Customer entering into a lease for the 787737-9 800 Aircraft prior to delivery of the 787such 737-9 Aircraft to be leased, in accordance with the requirements set forth in the Purchase Agreement800 Aircraft, Boeing will issue to Customer a leasing credit memorandum (Leasing Credit Memorandum, which under no circumstances may be assigned, ) in the following amount: [an amount of *]***.

Appears in 1 contract

Samples: Supplemental Agreement (Avolon Holdings LTD)

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Leasing Credit Memorandum. Customer expressly intends to lease the Aircraft to a third party or parties (Lessee or Lessees) who is/are in the commercial airline business as aircraft operator(s)operators. As an incentive for and in consideration of Customer purchasing the Aircraft and entering into a lease for the 787-9 Aircraft prior to delivery of the 787-9 Aircraft to be leased, in accordance with the requirements set forth in the Purchase Agreementsuch Aircraft, Boeing will issue to Customer a leasing credit memorandum (Leasing Credit Memorandum, which under no circumstances may be assigned, ) in the following amount: [amount of *]***

Appears in 1 contract

Samples: Confidential Treatment (Avolon Holdings LTD)

Leasing Credit Memorandum. Customer expressly intends to lease the Aircraft to a third party or parties (Lessee or Lessees) who is/are in the commercial airline business as aircraft operator(s)operators. As an additional consideration and incentive for and in consideration of Customer entering into a lease for the 787-9 Aircraft prior to delivery of the 787-9 Aircraft to be leased, in accordance with the requirements set forth in the Purchase Agreementsuch Aircraft, Boeing will issue to Customer a leasing credit memorandum (Leasing Credit Memorandum, which under no circumstances may be assigned, ) in the following amount: [an amount of *]***

Appears in 1 contract

Samples: Supplemental Agreement (Avolon Holdings LTD)

Leasing Credit Memorandum. Customer expressly intends to lease the Aircraft to a third party or parties (Lessee or Lessees) who is/are in the commercial airline business as aircraft operator(s). As an incentive for and in consideration of Customer entering into a lease for the 787-9 Block B Aircraft prior to delivery of the 787-9 Block B Aircraft to be leased, in accordance with the requirements set forth in the Purchase Agreement, Boeing will issue to Customer a Leasing Credit Memorandum, which under no circumstances may be assigned, Memorandum in the following amount: amount of [*]. Under no circumstances will Customer be permitted to assign this Leasing Credit Memorandum.

Appears in 1 contract

Samples: Letter Agreement (Air Lease Corp)

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