Common use of Sale by Buyer After Delivery Clause in Contracts

Sale by Buyer After Delivery. If, following delivery of any Aircraft, Buyer sells such Aircraft (including any sale for financing purposes), then all of Buyer's rights with respect to such Aircraft under this Agreement will inure to the benefit of the purchaser of such Aircraft, effective upon Boeing's receipt of such purchaser's express written agreement, in form satisfactory to Boeing, to be bound by and to comply with all applicable terms, conditions and limitations of this Agreement.

Appears in 6 contracts

Samples: Letter Agreement (Continental Airlines Inc /De/), Letter Agreement (Continental Airlines Inc /De/), Letter Agreement (Alaska Air Group Inc)

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Sale by Buyer After Delivery. If, following delivery of any Aircraft, Buyer sells such Aircraft (including any sale for financing purposes), then all of Buyer's rights with respect to such Aircraft under this Agreement will inure to the benefit of the purchaser of such Aircraft, effective upon BoeingSeller's receipt of such purchaser's express written agreement, in form satisfactory to BoeingSeller, to be bound by and to comply with all applicable terms, conditions and limitations of this Agreement.. 10.4

Appears in 1 contract

Samples: Letter Agreement (Trans World Airlines Inc /New/)

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