Common use of No Unrepaired Damage to Initial Assets Clause in Contracts

No Unrepaired Damage to Initial Assets. To Xxxxxx’x knowledge, and except if and as disclosed in the First Disclosure Letter and, with respect to each Initial Asset, any Supplemental Disclosure Letter relating to such Initial Asset, (i) no Initial Asset has been involved in any incident that caused damage in excess of the amount required to be disclosed to the relevant lessor under the relevant Lease, and (ii) information provided by Xxxxxx and its representatives to the Appraisers with respect to the Initial Assets and on which the Appraisers relied in making their appraisals is true and correct in all material respects and there are no facts or circumstances known to Xxxxxx that would render any of the assumptions contained in the Appraisals for the Initial Assets materially inaccurate.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Willis Lease Finance Corp), Asset Purchase Agreement (Willis Lease Finance Corp), Asset Purchase Agreement (Willis Lease Finance Corp)

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No Unrepaired Damage to Initial Assets. To Xxxxxx’x knowledge, and except if and as disclosed in the First Disclosure Letter and, with respect to each Initial Asset, any Supplemental Disclosure Letter relating to such Initial Asset, (i) no Initial Asset has been involved in any incident that caused damage in excess of the amount required to be disclosed to the relevant lessor under the relevant Lease, and (ii) information provided by Xxxxxx and its representatives to the Appraisers with respect to the Initial Assets and on which the Appraisers relied in making their appraisals is true and correct in all material respects and there are no facts or circumstances known to Xxxxxx that would render any of the assumptions contained in the Appraisals for the Initial Assets materially inaccurate.. #4843-4322-6596v6

Appears in 1 contract

Samples: Asset Purchase Agreement (Willis Lease Finance Corp)

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No Unrepaired Damage to Initial Assets. To Xxxxxx’x knowledge, and except if and as disclosed in the First Disclosure Letter and, with respect to each Initial Asset, any Supplemental Disclosure Letter relating to such Initial Asset, (i) no Initial Asset has been involved in any incident that caused damage in excess of the amount required to be disclosed to the relevant lessor under the relevant Lease, and (ii) information provided by Xxxxxx and its representatives to the Appraisers with respect to the Initial Assets and on which the Appraisers relied in making their appraisals is true and correct in all material respects and there are no facts 12 or circumstances known to Xxxxxx that would render any of the assumptions contained in the Appraisals for the Initial Assets materially inaccurate.

Appears in 1 contract

Samples: Asset Purchase Agreement (Willis Lease Finance Corp)

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