Common use of Registrations Upon Closing Clause in Contracts

Registrations Upon Closing. Subject to the terms and conditions of this Agreement, and simultaneously with receipt by the Owner of the proceeds of the Notes made in connection with any Designated Aircraft pursuant to this Section 2, the Owner shall authorize (i) the delivery and filing for record at the FAA of the Mortgage and the Mortgage Supplement and the Lease and the Lease Supplement for such Aircraft and (ii) the registration at the International Registry of the Security Trustee’s international interest in the related Airframe and each Engine installed thereon and in the Lease and such Lease Supplement.

Appears in 2 contracts

Samples: Facility Agreement (Virgin America Inc.), Note Purchase Agreement (Virgin America Inc.)

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Registrations Upon Closing. Subject to the terms and conditions of this Agreement, and simultaneously with receipt by the Owner Borrower of the proceeds of the Notes Loans made in connection with any the Designated Aircraft pursuant to this Section 2, the Owner Borrower shall authorize (i) the delivery and filing for record at the FAA of the Mortgage and the Mortgage Supplement and for the Lease and the Lease Supplement for such Designated Aircraft and (ii) the registration at the International Registry of the Security Trustee’s international interest in the related Airframe and each Engine installed thereon and in the Lease and such Lease SupplementEngine.

Appears in 2 contracts

Samples: Facility Agreement (Virgin America Inc.), Facility Agreement (Virgin America Inc.)

Registrations Upon Closing. Subject to the terms and conditions of this Agreement, and simultaneously with receipt by the Owner of the proceeds of the Notes made in connection with any Designated Aircraft pursuant to this Section 2, the Owner shall authorize (i) the delivery and filing for record at the FAA of the Mortgage and the Mortgage Supplement and the Lease and the Lease Supplement for such Aircraft and (ii) the registration at the International Registry of the Security Trustee’s international interest in the related Airframe and each Engine installed thereon and in the Lease and such the Lease Supplement.

Appears in 1 contract

Samples: Note Purchase Agreement (Virgin America Inc.)

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Registrations Upon Closing. Subject to the terms and conditions of this Agreement, and simultaneously with receipt by the Owner Borrower of the proceeds of the Notes Loans made in connection with any Designated Aircraft pursuant to this Section 2, the Owner Borrower shall authorize (i) the delivery and filing for record at the FAA of the Mortgage and the Mortgage Supplement and the Lease and the Lease Supplement for such Aircraft and (ii) the registration at the International Registry of the Security Trustee’s international interest in the related Airframe and each Engine installed thereon and in the Lease and such Lease SupplementEngine.

Appears in 1 contract

Samples: Facility Agreement (Virgin America Inc.)

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