Common use of Lessee’s Conditions Precedent Clause in Contracts

Lessee’s Conditions Precedent. Lessee's obligation to accept and lease the Aircraft from Lessor under this Agreement is subject to satisfaction of each of the following conditions. 3.3.1 The Aircraft is substantially and materially in the condition set forth in Schedule 4. 3.3.2 The receipt by Lessee from Lessor on or prior to the Delivery Date of the following, each in form and substance reasonably satisfactory to Lessee:

Appears in 2 contracts

Samples: Aircraft Lease Agreement (Frontier Airlines Inc /Co/), Aircraft Lease Agreement (Frontier Airlines Inc /Co/)

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Lessee’s Conditions Precedent. Lessee's obligation to accept and lease the Aircraft from Lessor under this Agreement is subject to satisfaction of each of the following conditions. 3.3.1 The Aircraft is substantially and materially in the condition set forth in Schedule 4. 3.3.2 The receipt by Lessee from Lessor on or prior to the Delivery Date of the following, each reasonably satisfactory in form and substance reasonably satisfactory to Lessee:

Appears in 2 contracts

Samples: Aircraft Lease Agreement (Vanguard Airlines Inc \De\), Aircraft Lease Agreement (Vanguard Airlines Inc \De\)

Lessee’s Conditions Precedent. LesseeLESSOR's obligation to accept and lease the Aircraft from Lessor under this Agreement is hereunder to LESSEE shall be subject to satisfaction of each the receipt by LESSOR, on or before the Effective Date (or such other date as provided for herein), of the following conditions. 3.3.1 The Aircraft is substantially and materially in the condition set forth in Schedule 4. 3.3.2 The receipt by Lessee from Lessor on or prior to the Delivery Date LESSEE, all of the following, each which shall be satisfactory in form and substance reasonably satisfactory to LesseeLESSOR:

Appears in 1 contract

Samples: Aircraft Lease Agreement (American Income Fund I-D)

Lessee’s Conditions Precedent. Lessee's ’s obligation to accept and lease Delivery of the Aircraft from Lessor under this Agreement Lease is subject to satisfaction of each the receipt of the following conditions. 3.3.1 The Aircraft is substantially and materially in the condition set forth in Schedule 4. 3.3.2 The receipt by Lessee from Lessor on or prior to before the Scheduled Delivery Date of the following, each (unless otherwise specified) in form and substance reasonably satisfactory to Lessee:

Appears in 1 contract

Samples: Lease Agreement (Latam Airlines Group S.A.)

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Lessee’s Conditions Precedent. Lessee's obligation to accept and lease the Aircraft from Lessor under this Agreement is subject to satisfaction of each of the following conditions. 3.3.1 The Aircraft is substantially and materially in the condition set forth in Schedule 4. 3.3.2 The receipt by Lessee lessee from Lessor on or prior to the Delivery Date of the following, each reasonably satisfactory in form and substance reasonably satisfactory to Lessee:

Appears in 1 contract

Samples: Aircraft Lease Agreement (Vanguard Airlines Inc \De\)

Lessee’s Conditions Precedent. Lessee's The obligation of Lessee to accept and lease the Aircraft from Lessor under this the Aircraft Lease Agreement is subject to the fulfillment to the satisfaction of each Lessee, and Lessor will procure such fulfillment (other than the absence of an Event of Loss or incipient Event of Loss as provided in Section 3 of this Schedule 5), to the following conditions. 3.3.1 The Aircraft satisfaction of Lessee, on the Delivery Date (or, if another date is substantially and materially in the condition set forth in Schedule 4. 3.3.2 The receipt by Lessee from Lessor specified below, on or prior to the Delivery Date such date) of the following, each in form and substance reasonably satisfactory to Lesseefollowing conditions precedent:

Appears in 1 contract

Samples: Aircraft Lease Agreement (Aircastle LTD)

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