Common use of No Right to Sell Clause in Contracts

No Right to Sell. the lease shall not permit a lessee to sell any aircraft except, with respect to an aircraft the subject of a purchase option, pursuant to an agreement entered into by such lessee prior to the exercise of such purchase option to sell or otherwise transfer ownership of such aircraft upon the exercise of such purchase option;

Appears in 6 contracts

Samples: Indenture Supplement (Airplanes Us Trust), Indenture (Morgan Stanley Aircraft Finance), Indenture (Aerco LTD)

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No Right to Sell. the lease Lease shall not permit a lessee Lessee to sell any aircraft Aircraft except, with respect to an aircraft Aircraft the subject of a purchase option, pursuant to an agreement entered into by such lessee Lessee prior to the exercise of such purchase option to sell or otherwise transfer ownership of such aircraft Aircraft upon the exercise of such purchase option;

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Genesis Lease LTD)

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No Right to Sell. the lease shall not permit a lessee to sell any aircraft except, with respect to an aircraft the subject of a purchase optionPurchase Option, pursuant to an agreement entered into by such lessee prior to the exercise of such purchase option Purchase Option to sell or otherwise transfer ownership of such aircraft upon the exercise of such purchase optionPurchase Option;

Appears in 1 contract

Samples: Trust Indenture (Avolon Holdings LTD)

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