SALE AND USE. Lessor may sell the Airframe and/or any Engine at public or private sale, at such times and places, and to such Persons (including Lessor, Mortgagee or any Participant), as Lessor may determine; or Lessor may otherwise dispose of, hold, use, operate, lease to others or keep idle the Airframe and/or any Engine, as Lessor, in its sole discretion, may determine, all free and clear of any rights of Lessee and without any duty to account to Lessee with respect to such action or inaction or for any proceeds with respect thereto, except as hereinafter set forth in this Section 15, and except to the extent that such proceeds would constitute, under applicable Law, a mitigation of Lessor's damages suffered or incurred as a result of the subject Lease Event of Default. Lessor shall give Lessee at least 15 days prior written notice of the date fixed for any public sale of the Airframe and/or any Engine or of the date on or after which will occur the execution of any contract providing for any private sale.
SALE AND USE. Lessor may sell all or any part of the Aircraft, the Airframe, or any Engine, or any of the Returnable Records, at public or private sale, at such time(s) and place(s), and to such Person(s) (including Owner Participant), as Lessor determines and, without limiting the generality of the provisions of this § 14, Lessor may hold Lessee liable for the payment of any Basic Rent remaining unpaid at the time of such sale and relating to any period prior to the date of such sale; or Lessor may otherwise dispose of, hold, use, operate, lease to others, or keep idle the Aircraft, the Airframe, or any Engine, or any Part thereof, as Lessor, in its sole discretion, shall determine, all free and clear of any rights of Lessee and without any duty to account to Lessee with respect to such action or inaction or for any proceeds with respect thereto, except as hereinafter set forth in § 14.1.3(b) or as otherwise provided by applicable Law, and except to the extent that such proceeds would constitute, under applicable Law, a mitigation of Lessor’s damages suffered or incurred as a result of the subject Event of Default. Lessor shall give to Lessee at least 15 days’ prior written notice of the date fixed for any public sale of the Aircraft, the Airframe, or any Engine, or any Part thereof, or any of the Returnable Records, or of the date on or after which will occur the execution of any contract providing for any private sale, and Lessee acknowledges and agrees that such notice shall for all purposes be deemed to be commercially reasonable.
SALE AND USE. Lessor may sell the Aircraft, Airframe, any Engine, Aircraft Documents, or any part thereof, at public or private sale, at such times and places, and to such Persons (including Lessor), as Lessor may determine and, without limiting the generality of the provisions of this Section 14, Lessor may hold Lessee liable for the payment of any Basic Rent or Supplemental Rent remaining unpaid at the time of such sale and relating to any period prior to the date of such sale; or Lessor may otherwise dispose of, hold, use, operate, lease to others or keep idle the Aircraft, Airframe, any Engine, Aircraft Documents, or any part thereof, as Lessor, in its sole discretion, may determine, all free and clear of any rights of Lessee, except as hereinafter set forth in this Section 14, and without any duty to account to Lessee with respect to such action or inaction or for any proceeds with respect thereto (except in connection with any calculation of liquidated damages under Section 14.1.3(b) below and except to the extent that such proceeds would constitute, under applicable Law, a mitigation of Lessor's damages suffered or incurred as a result of the subject Event of Default).
SALE AND USE. Lessor may sell the Airframe and/or any Engine at public or private sale, at such times and places, and to such Persons (including Lessor, Mortgagee or any Participant), as Lessor may determine; or Lessor may otherwise dispose of, hold, use, operate, lease to others or keep idle the Airframe and/or any Engine, as Lessor, in its sole discretion, may determine, all free and clear of any rights of Lessee and without any duty to account to Lessee with respect to such action or inaction or for any proceeds with respect thereto, except as hereinafter set forth in this Section 15, and except to the extent that such proceeds would constitute, under applicable Law, a mitigation of Lessor's damages suffered or incurred as a result of the subject
SALE AND USE. 55 15.1.3 Certain Liquidated Damages........................ 55 15.1.4 Liquidated Damages Upon Sale...................... 57 15.1.5 Rescission........................................ 58 15.1.6
SALE AND USE. Lessor may sell the Airframe and/or any Engine at public or private sale, at such times and places, and to such Persons (including Lessor, Mortgagee or any Participant), as
SALE AND USE. Lessor may sell the Airframe and/or any Engine (including the Aircraft Documents) at public or private sale, at such times and places, and to such Persons, as Lessor may determine; or Lessor may otherwise dispose of, hold, use, operate, lease to others or keep idle the Airframe and/or any Engine, as Lessor may determine in its sole discretion, without any duty to account to Lessee with respect to such action or inaction, except to the extent required by applicable Law. Lessor shall give Lessee at least 30 days prior written notice of the date fixed for any public sale of the Airframe and/or any Engine or of the date on or after which the Lessor will execute any contract providing for any private sale of the Airframe or any Engine.
