Registration and Authorizations Clause Samples
Registration and Authorizations. Lessee shall obtain and maintain or shall procure that there shall be obtained and maintained in full force and effect, all authorizations, approvals, consents, licenses, permits, orders, certificates and registrations for the time being required by the laws or regulations of the Aviation Authority, the State of Registration and the State of Organization or elsewhere to enable Lessee to perform its obligations under Lessee’s Documents.
Registration and Authorizations. (a) The registration of the Aircraft with the Aviation Authority is cancelled or any governmental or other Authorization required by any Lessee to enable it to perform its obligations under the Relevant Documents is withdrawn or modified and:
(i) that cancellation is not revoked within ten (10) days;
(ii) the Aircraft is not grounded pending the revocation of that cancellation; and
(iii) any Lessor Party or any Finance Party is, in the Lessor’s opinion, materially and adversely affected.
(b) After the Lessee first becomes a Certificated Air Carrier, it ceases to be a Certificated Air Carrier.