Lessee Liens. Lessee shall ensure that no Liens are created or placed against the Aircraft by Lessee or third-parties as a result of Lessee’s actions. Lessee shall notify Lessor promptly upon learning of any Liens not permitted by these terms. Lessee shall, at its own cost and expense, take all such actions as may be necessary to discharge and satisfy in full any such Lien promptly after the same becomes known to it.
Appears in 3 contracts
Samples: Aircraft Lease Agreement, Non Exclusive Aircraft Dry Lease Agreement (Intrepid Potash, Inc.), Aircraft Lease Agreement (Egl Inc)
Lessee Liens. Lessee shall ensure that no Liens are created or placed against the Aircraft by Lessee or third-parties as a result of Lessee’s 's actions. Lessee shall notify Lessor promptly upon learning of any Liens not permitted by these terms. Lessee shall, at its own cost and expense, take all such actions as may be necessary to discharge and satisfy in full any such Lien promptly after the same becomes known to it.
Appears in 3 contracts
Samples: Non Exclusive Aircraft Lease Agreement, Non Exclusive Aircraft Lease Agreement (AAC Holdings, Inc.), Non Exclusive Aircraft Dry Lease Agreement (Intrepid Potash, Inc.)
Lessee Liens. Lessee shall ensure that no Liens are created or placed against the Aircraft by Lessee or third-third parties as a result of Lessee’s actions. Lessee shall notify Lessor promptly upon learning of any Liens not permitted by these terms. Lessee shall, at its own cost and expense, take all such actions as may be necessary to discharge and satisfy in full any such Lien promptly after the same becomes known to it.
Appears in 2 contracts
Samples: Non Exclusive Aircraft Lease Agreement (Douglas Elliman Inc.), Exclusive Aircraft Lease Agreement (Campus Crest Communities, Inc.)
