NO SETOFF, COUNTERCLAIM, ETC Sample Clauses
NO SETOFF, COUNTERCLAIM, ETC. Notwithstanding anything to the ---------------------------- contrary herein, LESSEE's obligations and liabilities to pay all amounts payable hereunder shall be absolute and unconditional and shall not be affected by any circumstance, including, without limitation, (i) any setoff, counterclaim, recoupment, defense or other right that LESSEE may have against LESSOR or any other Person for any reason whatsoever, (ii) any defect in the title, airworthiness, condition, design, operation or fitness for use of or any damage to or loss or destruction of, an Engine or any Part thereof or any interruption or cessation in the use or possession of any Part thereof by LESSEE for any reason whatsoever, (iii) any insolvency, bankruptcy, reorganization or similar proceedings by or against LESSEE or any other Person, (iv) the disaffirmance or rejection of this Lease by LESSOR or any trustee in bankruptcy (or similar party) for LESSOR, (v) claims against the Manufacturer or manufacturers of an Engine or any Part or component thereof, (vi) enforceability or lack of enforceability of any of the terms or conditions of this Lease, (vii) breach by LESSOR of any warranty, express or implied, with regard to an Engine or any Part thereof, including, without limitation, merchantability or fitness for any purpose or use relating to or otherwise made or alleged to be made by LESSOR to LESSEE or any of its agents, representatives or employees with regard to an Engine or any Part thereof, (viii) any right, claim, demand, ▇▇▇▇, action or suit whatsoever by or against or on the part of LESSEE against LESSOR, including, without limitation, whether arising out of legal action or otherwise (x) at law or in equity, (y) whether affirmative, negative or defensive in nature for or on account of the legality, enforceability, validity or other infirmity as to (A) any of the terms or conditions of this Lease, (B) any express or implied warranty as to an Engine or any Part thereof or (C) arising out of or as a result of any contract, agreement, assignment or transaction between LESSOR and LESSEE whether direct or indirect, written or oral, or (ix) any other circumstances, happening or event whatsoever, whether or not similar to any of the foregoing which but for this provision might have the effect of terminating this Lease, it being the intention of the LESSOR and LESSEE that all Rent and other amounts payable by LESSEE hereunder shall be payable in all events unless the obligation to pay the same...
NO SETOFF, COUNTERCLAIM, ETC. The Aircraft Lease Agreement is a net lease and Lessee’s obligation to pay Rent is and will be absolute and unconditional and will not be abated, suspended, diminished, reduced, delayed, discontinued, terminated or otherwise affected by any condition, circumstance, act or event of any kind whatsoever, including any of the following: (1) the unavailability, interruption or cessation in use of the Aircraft for any reason, (2) any defect in the title, airworthiness, merchantability, fitness for any purpose, condition, design, specification or operation of any kind or nature of the Aircraft, or the ineligibility of the Aircraft for any particular use or trade or for registration or certification, or (3) any other circumstance, happening or event whatsoever, whether or not similar to the foregoing, which but for this provision would or might have the effect of terminating or in any other way affecting any obligation of Lessee under the Aircraft Lease Agreement, it being the express intention of Lessor and Lessee that all Rent and other amounts payable by Lessee under any Operative Document will be payable in all events, unless the obligation to pay the same will be terminated pursuant to the express provisions of the Aircraft Lease Agreement. Lessee waives, to the extent permitted by Law, any and all rights which it may have or which at any time hereafter may be conferred upon Lessee, by Law or otherwise, to terminate, cancel, quit or surrender any Operative Document, or to ▇▇▇▇▇, suspend, defer, reduce or otherwise fail to comply in full with any obligation imposed upon Lessee thereunder or in relation hereto, except termination of the Aircraft Lease Agreement (or any other Operative Document) in accordance with the express provisions thereof. LATAM Shared Terms 32 Nothing in this Section 15 will be construed to limit any right Lessee may have to independently pursue any claim for damages that it may have against Lessor or any other General Indemnitee under the Aircraft Lease Agreement (or any other Operative Document), at Law or otherwise or to limit Lessee’s rights and remedies under any Operative Document.
NO SETOFF, COUNTERCLAIM, ETC. Lessee's obligation to pay all Rent payable hereunder shall be absolute and unconditional and shall not be affected by any circumstance, including, without limitation, (i) any setoff, counterclaim, recoupment, defense or other right which Lessee may have against Lessor, the Manufacturer, Prat▇ & ▇hit▇▇▇ ▇▇▇craft or anyone else for any reason whatsoever (including any thereof based upon or relating to Lessor's representations or warranties in Section 4 hereof or elsewhere); (ii) any defect in the title, airworthiness, condition, design, operation, or fitness for use of, or any damage to or loss or destruction of, the Aircraft, or any interruption or cessation in the use or possession thereof by Lessee for any reason whatsoever; (iii) any insolvency,
NO SETOFF, COUNTERCLAIM, ETC. Notwithstanding anything to the contrary herein and except as otherwise set forth in this
NO SETOFF, COUNTERCLAIM, ETC. This Agreement is a net lease and Lessee's obligation to pay Rent under this Agreement and each other Operative Document to which it is a party is and shall be absolute and unconditional and shall not be abated, suspended, diminished, reduced, delayed, discontinued or otherwise affected by any condition, circumstance, act or event of any kind whatsoever, including, without limitation, any of the following:
(i) any right of setoff, deduction, counterclaim, recoupment, defense, suspension, deferment or other right (including any right of reimbursement) which Lessee may have against Lessor, Airframe Manufacturer, Engine Manufacturer, any Insured Party, any Inspecting Party, any Indemnified Party or any other Person for any reason whatsoever, including any claim Lessee may have for the foregoing, any present or future law to the contrary notwithstanding;
(ii) the unavailability, interruption or cessation in use of the Aircraft for any reason, including (A) any requisition thereof or any restriction, prohibition or curtailment of, interference with, or other restriction against, Lessee's use, operation or possession of the Aircraft (whether by law, any Government Entity or other Person or otherwise) and [Amended and Restated Lease Agreement]