Legal Status Upon Return. At Return, the Aircraft shall be: (a) free and clear of all Liens, except Lessor’s Liens; and (b) duly registered in the name of Lessee, as lessee, and evidencing the ownership interest of Owner to the extent permitted under the Law of the State of Registration of the Aircraft. At Return, Lessee shall, at its own cost and expense, procure or cooperate with Lessor in procuring the immediate deregistration of the Aircraft from the Register (including, without limitation, execution and delivery by Lessee of such documents as may be required to de-register the Aircraft from the Register and to terminate the Lease or to evidence the expiration, termination or cancellation of the Lease).
Appears in 5 contracts
Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)
