Nature of Lessee’s Obligations. All obligations of Lessee under this Agreement shall constitute conditions, and the time for the performance of such conditions shall be of the essence (without prejudice to the grace periods granted hereunder).
Appears in 15 contracts
Samples: Aircraft Lease Agreement (Latam Airlines Group S.A.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)
Nature of Lessee’s Obligations. All obligations of Lessee under this Agreement shall constitute conditions, and the time for the performance of such conditions shall be of the essence (without prejudice to the grace periods granted hereunderspecified in Section 15.1).
Appears in 2 contracts
Samples: Aircraft Lease Agreement (Gulfstream International Group Inc), Aircraft Lease Agreement (Gulfstream International Group Inc)
Nature of Lessee’s Obligations. All obligations of the Lessee under this Agreement shall constitute conditions, and the time for the performance of such conditions shall which will be of the essence (without prejudice to the grace periods granted hereunderspecified in Clause 23 (Events of Default)).
Appears in 1 contract
Samples: Aircraft Lease Agreement (Global Crossing Airlines Group Inc.)