Lessor Obligations Following Expiry Date Sample Clauses

Lessor Obligations Following Expiry Date. Within 5 Business Days of:- (a) redelivery of the Aircraft to Lessor in accordance with and in the condition required by this Agreement; or (b) payment to Lessor of the Agreed Value following an Event of Loss after the Delivery Date; or in each case such later time as Lessor is satisfied Lessee has irrevocably paid to Lessor all Rent which may then be outstanding or become payable under this Agreement or the Other Agreements and provided that no Default shall have occurred and is continuing, Lessor will pay to Lessee:- (i) an amount equal to (x) the amount of the Aircraft Commitment Fee paid by Lessee and referenced in Clause 5.1; plus (y) the amount of interest at the rate and otherwise calculated in accordance with Letter Agreement No. 1 which would have accrued on the amount referred to in (x); and (ii) the amount of any Basic Rent received in respect of any period falling after the date of redelivery of the Aircraft or payment of the Agreed Value, as the case may be; and (iii) an amount equal to (x) the aggregate amount of Supplemental Rent previously paid by Lessee under this Agreement; minus (y) the aggregate amount previously paid by Lessor under Clause 7.2 without payment of interest.

Lessor Obligations Following Expiry Date. Within * Business Days of:- (a) redelivery of the Aircraft to Lessor in accordance with and in the condition required by this Agreement; or (b) payment to Lessor of the Agreed Value following an Event of Loss after the Delivery Date; or in each case such later time as Lessor is reasonably satisfied Lessee has irrevocably paid to Lessor all amounts which may then be outstanding or become payable under this Agreement, the other Operative Documents to which Lessee is a party or the Related Agreements and Lessee, Lessor will pay to Lessee:- (i) the balance of the Deposit if paid in cash or cancel and return the Letter of Credit, as applicable; and (ii) the amount of any Rent received in respect of any period falling after the date of redelivery of the Aircraft or payment of the Agreed Value, as the case may be; and shall return to Lessee the warrant certificate, if not previously exercised, representing the Warrant.

Lessor Obligations Following Expiry Date. Within five (5) Business Days after: (i) redelivery of the Aircraft to Lessor in accordance with and in the condition required by this Agreement; or (ii) payment received by Lessor of the Agreed Value following a Total Loss after the Delivery Date; or in each case such later time as Lessor is reasonably satisfied that Lessee has irrevocably paid to Lessor all amounts that may then be outstanding or become payable under the Transaction Documents and the Other Agreements, Lessor shall (provided that no Default has occurred and is continuing): (a) pay to Lessee an amount equal to the balance of the Security Deposit, if any, paid by Lessee under this Agreement and then held by Lessor; and (b) pay to Lessee the amount of any Rent received in respect of any period falling after the Redelivery Date or the date of payment of the Agreed Value, as the case may be; provided, however, if there is a dispute between Lessor and Lessee as to the amount due to Lessee, Lessor shall nevertheless pay to Lessee such amount as in Lessor's reasonable judgement is not in dispute or is in excess of the amount Lessor's claim is due; and (c) return the Letter of Credit.

Lessor Obligations Following Expiry Date. Within 5 Business Days of: (a) redelivery of the Aircraft to Lessor in accordance with and in the condition required by this Agreement; or (b) payment to Lessor of the Agreed Value following an Event of Loss after the Commencement Date; or in each case such later time as Lessor is satisfied Lessee has irrevocably paid to Lessor all amounts which may then be outstanding and payable under this Agreement, the Other Leases or under any other agreement between Lessor (or any affiliate or associate of Lessor) and Lessee, Lessor will pay to Lessee the amount of any Rent received in respect of any period falling after the date of redelivery of the Aircraft or payment of the Agreed Value, as the case may be.

Lessor Obligations Following Expiry Date. Promptly following: (a) redelivery of the Aircraft to Lessor in accordance with and in the condition required by the Lease; or (b) payment to Lessor of the Agreed Value following an Event of Loss after the Delivery Date; or (c) termination of the Lease prior to the commencement of the Term in accordance with the provisions of the Lease; or (d) [Intentionally Omitted] (e) or in each case such later time as Lessee has irrevocably paid to Lessor all amounts that may then be due and payable under the Lease and each of the Transaction Agreements and in each case so long as no Default has occurred and is continuing: (i) Lessor will pay to Lessee the balance of the Deposit (if any); (ii) Lessor will pay to Lessee the amount of any Rent received in respect of any period falling after the date of redelivery of the Aircraft or payment of the Agreed Value, as the case may be; (iii) Lessor will return to Lessee or cancel any Letter of Credit and release and return any Guarantee; and (iv) Lessor will pay to Lessee any amounts payable to Lessee pursuant to Section 7.2 hereof and such other amounts (if any) as may be provided in the Aircraft Lease Agreement.

Lessor Obligations Following Expiry Date. Within 91 days (or such shorter period after the Expiry Date to which Lessor may agree after Lessee demonstrates to Lessor's reasonable satisfaction that Lessee has a net worth, determined in accordance with GAAP, of not less than Five Million Dollars ($5,000,000.00) as of the Expiry Date) after: (a) redelivery of the Aircraft to Lessor in accordance with and in the condition required by the Lease; or (b) payment to Lessor of the Agreed Value following an Event of Loss after the Delivery Date; and in each case so long as all amounts which may then be due and payable under the Lease and the Other Agreements shall have been paid in full and (no other Default has occurred and is continuing: (i) Lessor will pay to Lessee the balance of the Deposit (if any); (ii) Lessor will pay to Lessee the amount of any Rent received in respect of any period falling after the date of redelivery of the Aircraft or payment of the Agreed Value, as the case may be; and (iii) Lessor will return to Lessee or cancel any Letter of Credit.

Lessor Obligations Following Expiry Date. WITHIN FIVE BUSINESS DAYS AFTER:

Lessor Obligations Following Expiry Date. Within 5 Business Days of:- (a) redelivery of the Aircraft to Lessor in accordance with and in the condition required by this Agreement; or (b) payment to Lessor of the Agreed Value following an Event of Loss after the Delivery Date; or in each case such later time as Lessor is reasonably satisfied Lessee has irrevocably paid to Lessor all amounts which may then be outstanding or become payable under this Agreement, the other Operative Documents or the Related Agreements and Lessee, Lessor will pay to Lessee:- (i) the balance of the Deposit; and (ii) the amount of any Rent received in respect of any period falling after the date of redelivery of the Aircraft or payment of the Agreed Value, as the case may be; and shall return to Lessee the warrant certificate, if not previously exercised, representing the Warrant.

Lessor Obligations Following Expiry Date. Within 90 days after: (a) redelivery of the Aircraft to Lessor in accordance with and in the condition required by the Lease; or (b) payment to Lessor of the Agreed Value following an Event of Loss after the Delivery Date; or (c) payment to Lessor of the Purchase Price following the exercise by Lessee of any right to purchase. or in each case such later time as Lessor is satisfied that Lessee has irrevocably paid to Lessor all amounts which are then outstanding under the Lease and the Other Agreements: (i) Lessor will pay to Lessee the balance of the Deposit (if any); (ii) Lessor will pay to Lessee the amount of any Rent received in respect of any period falling after the date of redelivery of the Aircraft or payment of the Agreed Value, as the case may be; and (iii) Lessor will return to Lessee or cancel any Letter of Credit and release and return any Guaranty.

Lessor Obligations Following Expiry Date. Within ten (10) Business Days after the Expiry Date (unless Lessor reasonably determines that there is a material likelihood of any payment made under the Lease being avoided (or otherwise rescinded) under Xxxxxxx 000 xx xxx Xxxxxx Xxxxxx Bankruptcy Code of 1978, as amended, or any similar occurrence under any analogous provision of applicable United States federal or state Law, in which case such period shall be extended to ninety-one (91) days) following: (a) redelivery of the Engine to Lessor in accordance with and in the condition required by the Lease; or (b) payment to Lessor of the Agreed Value following an Event of Loss after the Delivery Date; or in each case such later time as Lessor is reasonably satisfied that Lessee has irrevocably paid to Lessor all amounts which may then be due and payable under the Lease and the Other Agreements and in each case so long as no other Default has occurred and is continuing: (i) Lessor will pay to Lessee the balance of the Deposit (if any); (ii) Lessor will pay to Lessee the amount of any Rent received in respect of any period falling after the date of redelivery of the Engine or payment of the Agreed Value, as the case may be; (iii) Lessor will return to Lessee or cancel any Letter of Credit; and (iv) In the case of an Event of Loss, the amount by which any Supplemental Rent paid by Lessee in respect of the Engine under Section 5.4 exceeds any maintenance contributions paid by Lessor in respect of the Engine under Section 7.2.