Common use of Liens on Aircraft Clause in Contracts

Liens on Aircraft. On the Delivery Date for a Designated Aircraft, the Lessor will have good title to such Aircraft free and clear of all Liens, except the Lien of the Mortgage. On the Delivery Date for a Designated Aircraft, such Aircraft (A) shall have a valid export certificate of airworthiness issued by the French Direction générale de l’aviation civile, (B) will have been insured by the Lessee in accordance with the terms of the Mortgage, will have suffered no Event of Loss and will be in the condition and state of repair required under the terms of the Mortgage and (C) will have the necessary instruments filed with the FAA in order to duly register such Aircraft in the name of the Lessee under the Federal Aviation Act.

Liens on Aircraft. On the Delivery Date for a Designated Aircraft, the Lessor Owner will have good title to such Aircraft free and clear of all Liens, except the Lien of the MortgageMortgage and the Lease. On the Delivery Date for a Designated Aircraft, such Aircraft (A) shall have a valid export certificate of airworthiness issued by the French Direction générale de l’aviation civile, (B) will have been insured by the Lessee in accordance with the terms of the MortgageLease, will have suffered no Event of Loss and will be in the condition and state of repair required under the terms of the Mortgage and (C) will have the necessary instruments filed with the FAA in order to been duly register such Aircraft registered in the name of the Lessee under the Federal Aviation Act.

Liens on Aircraft. On the Delivery Date for a Designated AircraftDate, the Lessor will have good title to such the Aircraft free and clear of all Liens, except the Lien of the Mortgage. On the Delivery Date for a Designated AircraftDate, such the Aircraft (A) shall have a valid export certificate of airworthiness issued by the French Direction générale de l’aviation civile, (B) will have been insured by the Lessee in accordance with the terms of the Mortgage, will have suffered no Event of Loss and will be in the condition and state of repair required under the terms of the Mortgage and (C) will have the necessary instruments filed with the FAA in order to duly register such the Aircraft in the name of the Lessee under the Federal Aviation Act.

Liens on Aircraft. On the Delivery Date for a Designated AircraftDate, the Lessor Owner will have good title to such the Designated Aircraft free and clear of all Liens, except the Lien of the MortgageMortgage and the Lease. On the Delivery Date for a Date, the Designated Aircraft, such Aircraft (A) shall have a valid export certificate of airworthiness issued by the French Direction générale de l’aviation civile, (B) will have been insured by the Lessee in accordance with the terms of the MortgageLease, will have suffered no Event of Loss and will be in the condition and state of repair required under the terms of the Mortgage and (C) will have the necessary instruments filed with the FAA in order to been duly register such Aircraft registered in the name of the Lessee under the Federal Aviation Act.