Common use of Leasing Credit Memorandum Clause in Contracts

Leasing Credit Memorandum. Customer expressly intends to lease the Aircraft and [*] to a third party or parties (Lessee or Lessees) who are in the commercial airline business as aircraft operators. As an additional consideration and incentive for entering into a lease for the Aircraft and [*] prior to delivery of each such Aircraft or [*], Boeing will issue to Customer a leasing credit memorandum (Leasing Credit Memorandum) in an amount shown in the table immediately below for the respective Aircraft or [*] minor model and [*]. Customer will not be permitted to assign this Leasing Credit Memorandum without the prior written consent of Boeing.

Appears in 3 contracts

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

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Leasing Credit Memorandum. Customer expressly intends to lease the Aircraft and [*] to a third party or parties (Lessee or Lessees) who are in the commercial airline business as aircraft operators. As an additional consideration and incentive for entering into a lease for the Aircraft and [*] prior to delivery of each such Aircraft or [*], Boeing will issue to Customer a leasing credit memorandum (Leasing Credit Memorandum) in an amount shown in the table immediately below for the respective Aircraft or [*] minor model and [*]. Customer will not be permitted to assign this Leasing Credit Memorandum without the prior written consent of Boeing.. Aircraft Block [*] 737-8 Aircraft 737-9 Aircraft 737-9 [*] 737-8 [*] Block B [*] -[*] [*] [*] [*]

Appears in 2 contracts

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

Leasing Credit Memorandum. Customer expressly intends to lease the Aircraft and [*] to a third party or parties (Lessee or Lessees) who are in the commercial airline business as aircraft operators. As an additional consideration and incentive for entering into a lease for the Aircraft and [*] prior to delivery of each such Aircraft or [*], Boeing will issue to Customer a leasing credit memorandum (Leasing Credit Memorandum) in an amount shown in the table immediately below for the respective Aircraft or [*] minor model and [*]. Customer will not be permitted to assign this Leasing Credit Memorandum without the prior written consent of Boeing.. Aircraft Block [*] 737-8 Aircraft 737-9 Aircraft 737-9 [*] 737-8 [*]

Appears in 1 contract

Samples: Supplemental Agreement (Air Lease Corp)

Leasing Credit Memorandum. Customer expressly intends to lease the Aircraft and [*] to a third party or parties (Lessee or Lessees) who are in the commercial airline business as aircraft operators. As an additional consideration and incentive for entering into a lease for the Aircraft and [*] prior to delivery of each such Aircraft or [*], Boeing will issue to Customer a leasing credit memorandum (Leasing Credit Memorandum) in an amount shown in the table immediately below for the respective Aircraft or [*] minor model and [*]. Customer will not be permitted to assign this Leasing Credit Memorandum without the prior written consent of Boeing.. Block [*] Aircraft Aircraft 737-9 [*] 737-8 [*]

Appears in 1 contract

Samples: Supplemental Agreement (Air Lease Corp)

Leasing Credit Memorandum. Customer expressly intends to lease the Block A Aircraft and [*] to a third party or parties (Lessee or Lessees) who is/are in the commercial airline business as aircraft operatorsoperator(s). As an additional consideration and incentive for entering into a lease for the Block A Aircraft and [*] prior to delivery of each such Aircraft or [*]the Block A Aircraft, in accordance with the requirements set forth in the Purchase Agreement, Boeing will issue to Customer a leasing credit memorandum (Leasing Credit Memorandum) in an amount shown in the table immediately below for the respective Aircraft or [*] minor model and of [*]. Customer will not be permitted to assign this Leasing Credit Memorandum Memorandum, in whole or in part, without the prior written consent of Boeing.

Appears in 1 contract

Samples: Supplemental Agreement (Air Lease Corp)

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Leasing Credit Memorandum. Customer expressly intends to lease the Aircraft and [*] to a third party or parties (Lessee or Lessees) who are in the commercial airline business as aircraft operators. As an additional consideration and incentive for entering into a lease for the Aircraft and [*] prior to delivery of each such SA-32Page 1 Aircraft or [*], Boeing will issue to Customer a leasing credit memorandum (Leasing Credit Memorandum) in an amount shown in the table immediately below for the respective Aircraft or [*] minor model and [*]. Customer will not be permitted to assign this Leasing Credit Memorandum without the prior written consent of Boeing.

Appears in 1 contract

Samples: Supplemental Agreement (Air Lease Corp)

Leasing Credit Memorandum. Customer expressly intends to lease the Aircraft and [*] to a third party or parties (Lessee or Lessees) who are in the commercial airline business as aircraft operatorsoperator(s). As an additional consideration and incentive for entering into a lease for the Aircraft and [*] prior to delivery of each such Aircraft or [*]Aircraft, Boeing will issue to Customer a leasing credit memorandum (Leasing Credit Memorandum) in an amount shown in the table immediately below for the respective Aircraft or of [*] minor model for each Aircraft delivering in [*] and in the amount of [*] for each Aircraft delivering in [*]. Customer will not be permitted to assign this Leasing Credit Memorandum Memorandum, without the prior written consent of Boeing.. * Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment. LSQ-PA-03524-LA-1001404R1 SA-1

Appears in 1 contract

Samples: Purchase Agreement (Air Lease Corp)

Leasing Credit Memorandum. Customer expressly intends to lease the Aircraft and [*] to a third party or parties (Lessee or Lessees) who are in the commercial airline business as aircraft operators. As an additional consideration and incentive for entering into a lease for the Aircraft and [*] prior to delivery of each such Aircraft or [*], Boeing will issue to Customer a leasing credit memorandum (Leasing Credit Memorandum) in an amount shown in the table immediately below for the respective Aircraft or [*] minor model and [*]. Customer will not be permitted to assign this Leasing Credit Memorandum without the prior written consent of Boeing.. Block B [*] [*] [*] [*] [*]

Appears in 1 contract

Samples: Supplemental Agreement (Air Lease Corp)

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