Possession of Engines. (a) During the Term, Lessee shall be entitled to the possession and use of each of the Engines. Lessee shall not, without the prior written consent of Lessor, transfer possession of any of the Engines to any person or entity; provided, however, that, so long as no Event of Default shall have occurred and be continuing, Lessee may, without the prior written consent of Lessor, exercise the following rights.
Appears in 5 contracts
Samples: Aircraft Lease Agreement (Air Transport Services Group, Inc.), Aircraft Lease Agreement (Air Transport Services Group, Inc.), Aircraft Lease Agreement (Air Transport Services Group, Inc.)
Possession of Engines. (a) During the Term, Lessee shall be entitled to the possession and use of each of the Engines. Subject to Section 6.1 hereof, Lessee shall not, without the prior written consent of Lessor, transfer possession of any of the Engines to any person or entity; providedPROVIDED, howeverHOWEVER, that, so long as no Event of Default shall have occurred and be continuing, Lessee may, without the prior written consent of Lessor, exercise the following rights.:
Appears in 2 contracts
Samples: Aircraft Lease Agreement (Republic Airways Holdings Inc), Aircraft Lease Agreement (Republic Airways Holdings Inc)
