Common use of LESSEE'S WAIVER Clause in Contracts

LESSEE'S WAIVER. The conditions specified in Section 3.4 are for the sole benefit of Lessee and may be waived or deferred in whole or in part and with or without conditions by Lessee. If any of those conditions are not satisfied on or before Delivery and Lessee (in its absolute discretion) nonetheless agrees to lease the Leased Property from Lessor, then Lessor will ensure that those conditions are fulfilled within one month after the Delivery Date.

Appears in 3 contracts

Sources: Lease Agreement, Aircraft Lease Agreement, Lease Agreement

LESSEE'S WAIVER. The conditions specified in Section 3.4 are for the sole benefit of Lessee and may be waived or deferred in whole or in part and with or without conditions by Lessee. If any of those conditions are not satisfied on or before Delivery and Lessee (in its absolute discretion) nonetheless agrees to lease the Leased Property Aircraft from Lessor, then Lessor will ensure that those conditions are fulfilled within one month after the Delivery Date.

Appears in 1 contract

Sources: Lease Agreement (Global Crossing Airlines Group Inc.)