Permits of Initial Asset Trusts. Except to the extent that same is the responsibility of the Lessee under a Lease, each of Xxxxxx and each Initial Asset Trust has obtained and is maintaining all permits, licenses, authorizations, certifications, exemptions and approvals necessary to enable it to carry on its business as presently conducted (collectively, “Permits”), and all such Permits are in full force and effect.
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)
Permits of Initial Asset Trusts. Except to the extent that same is the responsibility of the Lessee under a Lease, each of Xxxxxx and each Initial Asset Trust has obtained and is maintaining all permits, licenses, authorizations, certifications, exemptions and approvals necessary to enable it to carry on its business as presently conducted (collectively, “Permits”), and all such Permits are in full force and effect. Section 3.03.
Appears in 1 contract
Samples: Asset Purchase Agreement (Willis Lease Finance Corp)
