Common use of PERFECTION OF TITLE AND FURTHER ASSURANCES Clause in Contracts

PERFECTION OF TITLE AND FURTHER ASSURANCES. (A) Except through the action or inaction of LESSOR, if, at any time, any filing or recording is reasonably necessary to protect the interest of Mortgagee or LESSOR, LESSEE shall, at its own cost and expense, cause this Lease, the Lease Assignment financing statements with respect hereto, and any and all additional instruments which shall be executed pursuant to the terms hereof, so far as permitted by applicable Law, to be kept, filed and recorded and to be re-executed, re-filed and re-recorded at all times in the appropriate office pursuant or in relation to any Laws of any Governmental Entity, as LESSOR or Mortgagee may request, to perfect, protect, and/or preserve the rights and interests of LESSOR or Mortgagee hereunder and in the Aircraft, and LESSEE shall furnish to LESSOR evidence satisfactory to LESSOR and Mortgagee of each such filing, re-filing, recordation and re-recordation.

Appears in 4 contracts

Samples: Aircraft Lease Agreement (American Income Fund I-D), Aircraft Lease Agreement (American Income Fund I-C), Aircraft Lease Agreement (Afg Investment Trust B)

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