Common use of Sale of Aircraft by Mortgagee Is Binding Clause in Contracts

Sale of Aircraft by Mortgagee Is Binding. Any sale or other conveyance of the Trust Indenture Estate, or any part thereof (including any part thereof or interest therein), by the Mortgagee made pursuant to the terms of this Trust Indenture shall bind the Note Holders and shall be effective to transfer or convey all right, title and interest of the Trustee, the Owner Trustee, the Owner Participant and such holders in and to such Trust Indenture Estate or part thereof. No purchaser or other grantee shall be required to inquire as to the authorization, necessity, expediency or regularity of such sale or conveyance or as to the application of any sale or other proceeds with respect thereto by the Mortgagee.

Sale of Aircraft by Mortgagee Is Binding. Any sale or other conveyance of the Trust Indenture EstateCollateral, or any part thereof (including including, without limitation, any part thereof or interest therein), by the Mortgagee made pursuant to the terms of this Trust Indenture Mortgage shall bind the Note Holders Secured Parties and shall be effective to transfer or convey all right, title and interest of the TrusteeMortgagee, the Owner Trustee, the Owner Participant Mortgagor and such holders Secured Parties in and to such Trust Indenture Estate Collateral or part thereof. No purchaser or other grantee shall be required to inquire as to the authorization, necessity, expediency or regularity of such sale or conveyance or as to the application of any sale or other proceeds with respect thereto by the Mortgagee.

Sale of Aircraft by Mortgagee Is Binding. Any sale or other conveyance of the Trust Indenture EstateMortgaged Property, or any part thereof (including including, without limitation, any part thereof or interest therein), by the Mortgagee made pursuant to the terms of this Trust Indenture Security Agreement and the other Operative Documents shall bind the Note Holders Participants and shall be effective to transfer or convey all right, title and interest of the TrusteeMortgagee, the Owner Trustee, the Owner Participant each Mortgagor and such holders in and to such Trust Indenture Estate Mortgaged Property or part thereof. No purchaser or other grantee shall be required to inquire as to the authorization, necessity, expediency or regularity of such sale or conveyance or as to the application of any sale or other proceeds with respect thereto by the Mortgagee.

Sale of Aircraft by Mortgagee Is Binding. Any sale or other conveyance of the Trust Indenture EstateCollateral, or any part thereof (including including, without limitation, any part thereof or interest therein), by the Mortgagee made pursuant to the terms of this Trust Indenture Mortgage shall bind the Note Holders Loan Participants and shall be effective to transfer or convey all right, title and interest of the TrusteeMortgagee, the Owner Trustee, the Owner Participant Mortgagor and such holders in and to such Trust Indenture Estate Collateral or part thereof. No purchaser or other grantee shall be required to inquire as to the authorization, necessity, expediency or regularity of such sale or conveyance or as to the application of any sale or other proceeds with respect thereto by the Mortgagee.

Sale of Aircraft by Mortgagee Is Binding. Any sale or other conveyance of the Trust Indenture EstateCollateral, or any part thereof (including any part thereof or interest therein), by the Mortgagee made pursuant to the terms of this Trust Indenture shall bind the Note Holders and shall be effective to transfer or convey all right, title and interest of the TrusteeMortgagee, the Owner Trustee, the Owner Participant and such holders in and to such Trust Indenture Estate Collateral or part thereof. No purchaser or other grantee shall be required to inquire as to the authorization, TRUST INDENTURE 13-1 BACK necessity, expediency or regularity of such sale or conveyance or as to the application of any sale or other proceeds with respect thereto by the Mortgagee.

Sale of Aircraft by Mortgagee Is Binding. Any sale or other conveyance of the Trust Indenture EstateCollateral, or any part thereof (including any part thereof or interest therein), by the Mortgagee made pursuant to the terms of this Trust Indenture shall bind the Note Holders and shall be effective to transfer or convey all right, title and interest of the TrusteeMortgagee, the Owner Trustee, the Owner Participant and such holders in and to such Trust Indenture Estate Collateral or part thereof. No purchaser or other grantee shall be required to inquire as to the authorization, TRUST INDENTURE 14-1 necessity, expediency or regularity of such sale or conveyance or as to the application of any sale or other proceeds with respect thereto by the Mortgagee.

Sale of Aircraft by Mortgagee Is Binding. Any sale or other conveyance of the Trust Indenture EstateCollateral, or any part thereof (including any part thereof or interest therein), by the Mortgagee made pursuant to the terms of this Trust Indenture shall bind the Note Holders and shall be effective to transfer or convey all right, title and interest of the TrusteeMortgagee, the Owner Trustee, the Owner Participant and such holders in and to such Trust Indenture Estate Collateral or part thereof. No purchaser or other grantee shall be required to inquire as to the authorization, TRUST INDENTURE 12-1 BACK necessity, expediency or regularity of such sale or conveyance or as to the application of any sale or other proceeds with respect thereto by the Mortgagee.

Sale of Aircraft by Mortgagee Is Binding. Any sale or other conveyance of the Trust Indenture EstateCollateral, or any part thereof (including any part thereof or interest therein), by the Mortgagee made pursuant to the terms of this Trust Indenture shall bind the Note Holders and shall be effective to transfer or convey all right, title and interest of the TrusteeMortgagee, the Owner Trustee, the Owner Participant and such holders in and to such Trust Indenture Estate Collateral or part thereof. No purchaser or other grantee shall be required to inquire as to the authorization, TRUST INDENTURE 14-2 BACK necessity, expediency or regularity of such sale or conveyance or as to the application of any sale or other proceeds with respect thereto by the Mortgagee.