Reregistration. So long as no Lease Event of Default shall have occurred and be continuing, Lessee may, by written notice to Lessor, request to change the country of registration of the Aircraft. Any such change in registration shall be effected only in compliance with, and subject to all of the conditions set forth in, Section 7.6.11 of the Participation Agreement.
Reregistration. The Owner Participant, the Indenture Trustee, the Pass Through Trustee and each Loan Participant agree that, at any time after the Depreciation Period, so long as no Lease Event of Default shall have occurred and be continuing, Lessee may elect to effect a change in registration of the Aircraft, at Lessee's cost and expense, so long as the country of registry of the Aircraft is a country listed in the last paragraph of this Section 7(d). Upon the request of the Lessee, the country list in the last paragraph of this Section 7(d) may be amended from time to time to include any other country which the Owner Participant and the Indenture Trustee have determined, acting reasonably, would provide substantially equivalent protection for the rights of owner participants, lessors or lenders in similar transactions as provided under the laws of the United States and the states thereof. In order for Lessee to effect a change in the country of registry of the Aircraft, Lessee shall deliver to the Owner Participant, the Owner Trustee (in its individual capacity) and the Indenture Trustee the following:
(I) an Officer's Certificate certifying that (A) the insurance or self-insurance required by Section 11 of the Lease shall be in full force and effect at the time of such change in registration after giving effect to such change in registration, (B) all indemnities in favor of the Owner Participant, the Owner Trustee (in its individual capacity and as trustee under the Trust Agreement) and the Indenture Trustee under any Operative Document afford each such party substantially the same protection as provided prior to such change of registry, (C) the lien of the Trust Indenture in favor of the Trustee will continue as a first priority lien following such change of registry, (D) such change will not result in the imposition of, or increase in the amount of, any Tax for which Lessee is not required to indemnify, or is not then willing to enter into a binding agreement to indemnify, the Owner Participant, the Note Holders, the Indenture Trustee, the Owner Trustee (in its individual capacity and as trustee under the Trust Agreement), the Indenture Trustee or the Trust Estate pursuant to this Agreement or the Tax Indemnity Agreement, and (E) that the new country of registry imposes aircraft maintenance standards not materially less stringent from those of any Permitted Foreign Air Authority; and
(II) a favorable opinion (subject to customary exceptions) of counsel (opinion and ...
Reregistration. At any time after the Depreciation Period, Lessor, upon Lessee's compliance with all of the terms of Section 7(d) of the Participation Agreement, shall, at the request and sole expense of Lessee, cooperate with Lessee to take all actions required to change the registration of the Aircraft to another country.
Reregistration. When a rental unit is rerented after a vacancy, the landlord must reregister the unit with the City within thirty (30) days after the rerental.
Reregistration. After the Tax Attribute Period (or before such date, provided Lessee pre-pays on a lump-sum basis any liability due under the Tax Indemnity Agreement as a result of such registration on the assumption that such registration would continue for the remainder of the term of the Permitted Sublease described in ss. 7.6.11(a)(3) of the Participation Agreement, if no Special Default or Lease Event of Default exists, Lessee may, by written notice to Lessor (with a copy of such notice to Owner Participant), request to change the country of registration of the Aircraft. Any such change in registration shall be effected only in compliance with, and subject to all of the conditions set forth in, ss. 7.6.11 of the Participation Agreement.
Reregistration. Subject to the terms and conditions of Section -------------- 6
(a) of the Participation Agreement, the Owner may at any time cause the Aircraft to be re-registered under the laws of another country.
Reregistration. Immediately following the Firm Payment Date and any Option Closing Date, the Collateral Agent shall cause all certificates for Common Stock delivered pursuant to Section 1(b) or 1(c) above to be re-registered on the books of the transfer agent for the Common Stock into the name of the Collateral Agent or its nominee, and shall thereafter maintain them in such form until the termination of this Collateral Agreement; provided, however, that at any time following the Firm Payment Date and any Option Closing Date, to the extent that the Depositary Trust Company will accept such Common Stock, the Collateral Agent may cause any such certificates for the Common Stock to be deposited with The Depositary Trust Company and thereafter hold such certificates in book entry form in an account (other than an account of the Pledgor) designated by the Collateral Agent.
Reregistration. Notwithstanding the registration requirements of Section 7(a)(i) hereof, the Lessee shall have the right, at any time so long as no Special Default or Lease Event of Default shall have occurred and be continuing, to request with at least 30 days’ prior written notice, a change in the registration of the Aircraft in association with the subleasing by the Lessee of the Aircraft to a Permitted Sublessee. The Lessor agrees to cooperate in good faith with the Lessee in effecting such change; provided that prior to any such change in the country of registry of the Aircraft, the Lessor (and the Security Trustee and each Purchaser) shall have received evidence satisfactory thereto in its judgment acting reasonably, which evidence may be established by means of legal opinions from counsel of recognized reputation satisfactory to the Lessor and qualified under the laws of the relevant jurisdiction, certificates of insurance, officer’s certificates and/or other suitable and available means, that:
Reregistration. So long as the Lien of this Mortgage shall not have been discharged and no Event of Default shall have occurred and be continuing or result therefrom, the Grantor may, (A) with respect to Tranche A and B Priority Collateral prior to the indefeasible payment in full of the Tranches A and B Obligations, so long as effectuated pursuant to Section 2.01(a)(3) of the Tranche A and B Aircraft Mortgage, and (B) with respect to all other Collateral, with the prior written approval of the Collateral Agent (acting with the consent of the Tranche C Required Lenders) and upon satisfaction of the further conditions specified below, re-register an Aircraft in the name of the Grantor (or, if appropriate, in the name of a Permitted Lessee as a "lessee"), at the Grantor's own cost and expense, under the laws of any country with which the United States then maintains normal diplomatic relations and which the Collateral Agent has determined, acting reasonably, would provide substantially equivalent protection (including the right to take possession of such Aircraft in the event of the bankruptcy of the Grantor or such Permitted Lessee, if any) for the rights of lenders in similar transactions or of secured creditors in similar asset-based financing transactions as provided under United States law. Such consent shall be conditioned upon, inter alia, the Collateral Agent's receipt of evidence that after giving effect to such re-registration the Collateral Agent shall possess a Lien and security interest over such Aircraft with priority and perfection (to the extent perfection is a relevant concept in such country) to substantially the same extent as is available under the corresponding laws of the United States. Prior to any such re-registration of an Aircraft in accordance with this Section 2.01(a)(3), the Collateral Agent shall have received a favorable opinion of counsel (reasonably satisfactory to the Collateral Agent) addressed to the Lenders and the Collateral Agent to the effect that (i) the laws of the new country of registration will recognize the Grantor's right of ownership with respect to such Aircraft and will give effect to the priority and perfection (to the extent perfection is a relevant concept in such country) of the Lien and security interest created by this Mortgage (or the Grantor shall enter into such other instrument as shall be necessary to convey a valid and enforceable security agreement to the Collateral Agent, such instrument to be in form and subst...
Reregistration. At any time after the close of the calendar year in which occurs the seventh anniversary of the Delivery Date, Lessor shall, at the request and sole expense of Lessee, cooperate with Lessee and take all actions required to change the country of registration of the Aircraft upon compliance by Lessee with all of the terms of Section 8(e) of the Participation Agreement.
