LEGAL TITLE TO THE AIRCRAFT. Legal title to the Aircraft shall remain with the legal owner at all times.
LEGAL TITLE TO THE AIRCRAFT. Legal title to the Aircraft shall remain in the Owner at all times. All attachments, accessories, repairs, remodeling and renewals shall become a part thereof and be the property of Owner. Lessee agrees to place on the exterior or interior of the Aircraft such labels, tags or other notifications of Owner’s ownership thereof as may be required by applicable law and other governmental rules and regulations.
LEGAL TITLE TO THE AIRCRAFT. Legal title to the Aircraft shall remain in and the Aircraft shall remain registered to Lessor or any appointed trustee thereof at all times during the Lease Term. Lessee shall not create, incur, assume or suffer to exist any lien with respect to the Aircraft or take any action that would otherwise dilute Lessor’s unrestricted title to and ownership of the Aircraft, other than other than those which result from (i) the respective rights of Lessor and Lessee as herein provided; (ii) liens arising from the acts of Lessor; (iii) liens for taxes not yet due; and (iv) inchoate materialmen’s, mechanics’, workmen’s, repairmen’s, employees’ or other like liens arising in the ordinary course of business of Lessee for sums not yet delinquent or being contested in good faith. Lessee shall not transfer, assign, charter, sublease or convey Lessee’s or Lessor’s interest in or to the Aircraft, or attempt to do any of the foregoing without Lessor’s prior written consent.
LEGAL TITLE TO THE AIRCRAFT. Legal title to the Aircraft shall remain in Time Share Lessor at all times. Time Share Lessee undertakes, to the extent permitted by applicable law, to do all such further acts, deeds, assurances or things as may, in the reasonable opinion of Time Share Lessor, be necessary or desirable in order to protect or preserve Time Share Lessor’s title to the Aircraft. To the extent requested by Time Share Lessor, its successors or assigns, Time Share Lessee shall take all action necessary to continue all right, title and interest of Time Share Lessor, its successors or assigns in the Aircraft under applicable law against any claims of Time Share Lessee and any parties claiming by, through or under such Time Share Lessee.
