Common use of Non-Assignable Warranties Clause in Contracts

Non-Assignable Warranties. To the extent that any warranty or indemnity given to Seller by Manufacturer or any other Person with respect to the Aircraft cannot be assigned, Buyer will be entitled to take such action to enforce such warranty or indemnity in the name of Seller against Manufacturer or such other Person as Buyer reasonably sees fit, but subject to Buyer’s first ensuring that Seller is indemnified and secured to Seller’s satisfaction against all losses, damages, costs, expenses and liabilities thereby incurred or reasonably expected to be incurred.

Appears in 4 contracts

Samples: Aircraft Lease Agreement, Aircraft Sale Agreement, Aircraft Lease Agreement (Air T Inc)

AutoNDA by SimpleDocs

Non-Assignable Warranties. To the extent that any warranty or indemnity given accruing to Seller or provided to SELLER by Manufacturer or any other Person and others with respect to the Aircraft are not assignable or cannot be assigned, Buyer BUYER will be entitled to take such action to enforce such warranty or indemnity in the name of Seller SELLER against Manufacturer or and such other Person as Buyer reasonably sees fitvendors and service providers, but subject to BuyerSELLER’s first ensuring that Seller SELLER is indemnified and secured to SellerSELLER’s reasonable satisfaction against all losses, damagesdamage, costs, expenses and liabilities thereby incurred or reasonably expected to be incurredincurred pursuant to such enforcement.

Appears in 1 contract

Samples: Aircraft Sale Agreement (Allegiant Travel CO)

Non-Assignable Warranties. To the extent that any warranty or indemnity given to Seller SELLER by Manufacturer or any other Person and others with respect to the Aircraft cannot be assigned, Buyer BUYER will be entitled to take such action to enforce such warranty or indemnity in the name of Seller SELLER against Manufacturer or and such other Person parties as Buyer reasonably BUYER sees fit, but subject to Buyer’s BUYER's first ensuring that Seller SELLER is indemnified and secured to Seller’s SELLER's satisfaction against all losses, damages, costs, expenses and liabilities thereby incurred or reasonably expected to be incurred.

Appears in 1 contract

Samples: Aircraft Sale Agreement (Air Transport Services Group, Inc.)

AutoNDA by SimpleDocs

Non-Assignable Warranties. To the extent that any warranty or indemnity given to Seller SELLER by Airframe Manufacturer, Engine Manufacturer or any other Person and others with respect to the Aircraft cannot be assigned, Buyer BUYER will be entitled to take such action to enforce such warranty or indemnity in the name of Seller SELLER against Manufacturer or and such other Person parties as Buyer reasonably SELLER sees fit, but subject to Buyer’s BUYER's first ensuring that Seller SELLER is indemnified and secured to Seller’s SELLER's satisfaction against all losses, damagesdamage, costs, expenses and liabilities thereby incurred or reasonably expected to be incurred.

Appears in 1 contract

Samples: Aircraft Purchase Agreement (Ubics Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.