Lessor's Covenants. Lessor (i) covenants that neither it nor any Person claiming by, through or under it will, through its own actions or inactions interfere in Lessee's or any Sublessee's continued possession, use, operation and quiet enjoyment of the Aircraft during the Term unless an Event of Default has occurred and is continuing and this Lease has been duly declared (or, with respect to Section 14(e) or (f), is deemed declared) in default, and this Lease shall not be terminated except as provided herein and (ii) covenants that it will not directly or indirectly create, incur, assume or suffer to exist any Lessor Lien attributable to it on or with respect to the Airframe or any Engine.
Appears in 3 contracts
Samples: Lease Agreement (Us Airways Inc), Lease Agreement (Us Airways Inc), Lease Agreement (Us Airways Inc)
Lessor's Covenants. Lessor (i) covenants that neither it nor any Person claiming by, through or under it will, through its own actions or inactions inactions, interfere in Lessee's or any Sublessee's continued possession, use, operation and quiet enjoyment of the Aircraft, any Engine or any Part and other rights with respect to the Aircraft hereunder during the Term unless an Event of Default has occurred and is continuing and this Lease has been duly declared (or, with respect to Section 14(e) or (f), is deemed declared) in defaultcontinuing, and this Lease shall not be terminated except as provided herein herein; PROVIDED that Lessee is continuing to perform its duties and (ii) obligations under this Lease for the benefit of Lessor. Lessor covenants that it will not directly or indirectly create, incur, assume or suffer to exist any Lessor Lien attributable to it on or with respect to the Airframe or any Engine.
Appears in 2 contracts
Samples: Lease Agreement (Atlas Air Worldwide Holdings Inc), Lease Agreement (Atlas Air Worldwide Holdings Inc)