LESSOR'S WARRANTIES.
9.1 The Lessor hereby represents, warrants and undertakes, to and for the benefit of the Lessee, that:
9.1.1 It has good and valid title to the Demised Premises, and has power and authority to grant the Lease.
9.1.2 Upon the Lessee paying the Lease Rent and performing the covenants herein and under the OMDA, the Lessee shall, at all times during the Term, hold and enjoy the Demised Premises and the rights specified in this Lease Deed without any interruption or disturbance by (i) the Lessor; or (ii) any person lawfully claiming through, under or in trust for the Lessor.
9.1.3 During the Term of this Lease Deed or any extension thereof, it shall not take or cause any action or engage in any activities that will interfere with the construction, installation, ownership, operation, inspection, maintenance, repair and business of the Project by the Lessee.
LESSOR'S WARRANTIES. Lessor warrants that Lessee shall have peaceful possession and quiet enjoyment of the Leased Premises during the term of this Lease (including any renewal thereof) and that Lessee may use the same in the manner provided in Section 1.4, including any activities which are ancillary or incident to such use; provided, however, that Lessee shall, at its own cost and expense, obtain any and all licenses and permits necessary for any such use.
LESSOR'S WARRANTIES. Lessor warrants and represents that:
(a) Lessor has good and marketable title to the Leased Premises;
(b) Lessor has the right and authority to grant this Lease and to execute and perform all of the terms and conditions thereof;
(c) Lessor has the unencumbered right to receive all rentals and no third party creditor, lien holder or mortgage has any right to receive all or any portion of such payments. Lessor agrees that Lessee, upon paying the rent and performing the other covenants of this lease, shall peaceably and quietly have, hold, and enjoy the Leased Premises for the term this lease.
LESSOR'S WARRANTIES. Lessor hereby represents and warrants to Lessee the following:
(i) Lessor is the sole owner of the Aircraft.
(ii) Lessor has the right to lease the Aircraft to Lessee pursuant to this Agreement.
(iii) Lessor has adequate power and capacity to enter into and perform Lessor’s obligations under this Agreement and all related documents referred to herein.
(iv) Lessor is duly qualified to do business in the jurisdiction in which it was organized, and this Agreement and all related documents hereto have been duly authorized, validly executed and delivered by Lessor and constitute as valid, legal and binding obligation of Lessor, enforceable against Lessor in accordance with their respective terms, except to the extent that enforcement or remedies may be limited under applicable bankruptcy and insolvency laws.
LESSOR'S WARRANTIES. To induce Lessee to execute this Lease, and in consideration thereof, Lessor represents, warrants and covenants as follows:
(a) Lessor has full title to the Property, including the Premises.
(b) As of the Commencement Date, (i) the Premises shall be in compliance with all applicable laws, codes, ordinances, orders, rules and regulations of any governmental or other public authority, and (ii) there shall be no restrictions or other legal impediments, either imposed by law (including without limitation applicable zoning and building codes or ordinances) or by instrument, which would prevent the use of the Premises for the intended uses hereunder.
(c) This Lease and the Premises are not in violation of the provisions of any instrument executed by Lessor or any instrument which places any restrictions or burdens on the Premises.
LESSOR'S WARRANTIES. Lessor represents and warrants to the Lessee that:
LESSOR'S WARRANTIES. (a) LESSOR MAKES NO EXPRESS OR IMPLIED ------------------- WARRANTIES OR REPRESENTATION AS TO ANY MATTER WHATSOEVER INCLUDING WITHOUT LIMITATION THE CONDITION, SELECTION, QUALITY, SUITABILITY OR OPERATION, THE MERCHANTABILITY, OR FITNESS FOR ANY PARTICULAR PURPOSE OF ANY EQUIPMENT, AND LESSOR SHALL NOT BE LIABLE FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES ARISING OUT OF OR IN CONNECTION WITH THE USE OR PERFORMANCE OF THE EQUIPMENT.
(b) Lessor hereby transfers and assigns to Lessee during Lease Term all of its right and interest in any manufacturer's warranty with respect to the Equipment and to any and all amounts which may be collected thereunder, and agrees to execute any documents reasonably necessary to effect such transfer and assignment. To the extent that any rights of Lessor with respect to the manufacturer's warranty applicable to any item of Equipment may not be assigned to Lessee, Lessor shall use reasonable efforts to enforce such rights against the manufacturer on behalf of Lessee.
LESSOR'S WARRANTIES. Lessor hereby fully warrants the title to the Leased Premises, and will defend the same against all claims of all persons, and in the event of failure of title or loss of possession by Lessee, Lessee may cancel this Lease upon thirty (30) days written notice to Lessor.
LESSOR'S WARRANTIES. The Lessor warrants that:
4.1. he is the owner ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
4.2. the Vehicle is [new and ■ ■ ■ ■ ] ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ;
4.3. there is no right of ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ;
4.4. he is aware of no ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
LESSOR'S WARRANTIES. It is common for a lessor to give warranty of the title and condition of the equipment that is subject matter of the lease. However, a wise lessee will insist on some warranties by the lessor. ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
