Common use of Representations by Lessee Clause in Contracts

Representations by Lessee. Lessee hereby represents and warrants to Lessor that on the date hereof: (1) The representations and warranties of Lessee set forth in the Lease and all certificates and opinions delivered in connection therewith were true and correct in all respects when made and are true and correct as of the date hereof, with the same force and effect as if the same had been made on this date. (2) Lessee has satisfied or complied with all conditions precedent and requirements as set forth in the Lease and Lease Supplements which are required to be or to have been satisfied or complied with on or prior to the date thereof. (3) No Default or Event of Default under the Lease has occurred and is continuing on the date hereof. (4) Lessee has obtained, and there are in full force and effect, such insurance policies with respect to the Aircraft, as such term is defined in the Lease, as are required to be obtained under the terms of the Lease. (5) Lessee has furnished no equipment for the Aircraft other than as stated on Schedule No. 1 hereto or permitted as an Addition thereto pursuant to the Lease. (6) The facts, terms, information, description and costs set forth in the attached schedules hereto are true, complete, accurate and correct. (7) The Lease shall be deemed a "finance lease" under Section 2A-103 (g) of the UCC. Date of unconditional, irrevocable and final acceptance by Lessee: December __, 1996.

Appears in 2 contracts

Samples: Aircraft Lease (Kitty Hawk Inc), Aircraft Lease (Kitty Hawk Inc)

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Representations by Lessee. Lessee hereby represents and warrants to Lessor that on the date hereof: (1) The representations and warranties of Lessee set forth in the Lease and all certificates and opinions delivered in connection therewith were true and correct in all respects when made and are true and correct as of the date hereof, with the same force and effect as if the same had been made on this date. (2) Lessee has satisfied or complied with all conditions precedent and requirements as set forth in the Lease and Lease Supplements which are required to be or to have been satisfied or complied with on or prior to the date thereof. (3) No Default or Event of Default under the Lease has occurred and is continuing on the date hereof. (4) Lessee has obtained, and there are in full force and effect, such insurance policies with respect to the Aircraft, as such term is defined in the Lease, Aircraft as are required to be obtained under the terms of the Lease. (5) Lessee has furnished no equipment for the Aircraft other than as stated on Schedule No. 1 hereto or permitted as an Addition thereto pursuant to the Lease. (6) The facts, terms, information, description and costs set forth in the attached schedules Schedules Xx. 0, Xx. 0 and No. 2-A hereto are true, complete, accurate and correct. (7) The Lease shall be deemed a "β€œfinance lease" ” under Section 2A-103 (g) of the UCC. Date of unconditional, irrevocable and final acceptance by Lessee: December __April 15, 19962002.

Appears in 1 contract

Samples: Aircraft Lease (Copart Inc)

Representations by Lessee. Lessee hereby represents and warrants to Lessor that on the date hereof: (1) The representations and warranties of Lessee set forth in the Lease and all certificates and opinions delivered in connection therewith were true and correct in all respects when made and are true and correct as of the date hereof, with the same force and effect as if the same had been made on this date. (2) Lessee has satisfied or complied with all conditions precedent and requirements as set forth in the Lease and Lease Supplements which are required to be or to have been satisfied or complied with on or prior to the date thereofhereof. (3) No Default or Event of Default under the Lease has occurred and is continuing on the date hereof. (4) Lessee has obtained, and there There are in full force and effect, such insurance policies with respect to the Aircraft, as such term is defined in the Lease, as are required to be obtained under the terms of the Lease. (5) Lessee has furnished no equipment for the Aircraft other than as sold to Lessor and as stated on Schedule No. 1 Annex A hereto or permitted as an Addition addition thereto pursuant to the Lease. (6) The facts, terms, information, description Lessee has caused the records of the Aircraft and costs set forth in all pertinent records therefor to be inspected and the attached schedules hereto are true, complete, accurate and correctAircraft has no damage history. (7) The Lease shall be deemed a "finance lease" under Section 2A-103 (g) Lessee will promptly, following the commencement of the UCCLease, affix the nameplates required to be affixed to the Aircraft and to each engine pursuant to the MAINTENANCE Section of the Lease have been duly affixed. Date of unconditional, irrevocable and final acceptance by LesseeDelivery of Acceptance: December __, 1996.____________________

Appears in 1 contract

Samples: Aircraft Lease Agreement (Centene Corp)

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Representations by Lessee. Lessee hereby represents and warrants to Lessor that on the date hereof: (1) The representations and warranties of Lessee set forth in the Lease and all certificates and opinions delivered in connection therewith were true and correct in all respects when made and are true and correct as of the date hereof, with the same force and effect as if the same had been made on this date. (2) Lessee has satisfied or complied with all conditions precedent and requirements as set forth in the Lease and Lease Supplements which are required to be or to have been satisfied or complied with on or prior to the date thereof. (3) No Default or Event of Default under the Lease has occurred and is continuing on the date hereof. (4) Lessee has obtained, and there are in full force and effect, such insurance policies with respect to the Aircraft, as such term is defined in the Lease, Aircraft as are required to be obtained under the terms of the Lease. (5) Lessee has furnished no equipment for the Aircraft other than as stated on Schedule No. 1 hereto or permitted as an Addition thereto pursuant to the Lease. (6) The facts, terms, information, description and costs set forth in the attached schedules Schedules Nx. 0, Xx. 0 and No. 2-A hereto are true, complete, accurate and correct. (7) The Lease shall be deemed a "finance lease" under Section 2A-103 (g) of the UCC. Date of unconditional, irrevocable and final acceptance by Lessee: December ________, 19962002.

Appears in 1 contract

Samples: Aircraft Lease (Drivetime Automotive Group Inc)

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