Common use of Sale or Lease by Customer After Delivery Clause in Contracts

Sale or Lease by Customer After Delivery. If, following delivery of an aircraft, Customer sells or leases the aircraft (including any sale and lease-back for financing purposes), all of Customer's rights with respect to the aircraft under the applicable purchase agreement will inure to the benefit of the purchaser or lessee of such aircraft, effective upon Boeing's receipt of the written agreement of the purchaser or lessee, in a form satisfactory to Boeing, to comply with all applicable terms and conditions of the applicable purchase agreement. Sample forms of agreement acceptable to Boeing are attached as Appendices III and IV.

Appears in 3 contracts

Samples: Aircraft General Terms Agreement (Amtran Inc), Aircraft General Terms Agreement (Copa Holdings, S.A.), Aircraft General Terms Agreement (Amtran Inc)

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Sale or Lease by Customer After Delivery. If, following delivery of an aircraft, Customer sells or leases the aircraft (including any sale and lease-back for financing purposes), all of Customer's ’s rights with respect to the aircraft under the applicable purchase agreement will inure to the benefit of the purchaser or lessee of such aircraft, effective upon Boeing's ’s receipt of the written agreement of the purchaser or lessee, in a form satisfactory to Boeing, to comply with all applicable terms and conditions of the applicable purchase agreement. Sample forms of agreement acceptable to Boeing are attached as Appendices III and IV.

Appears in 1 contract

Samples: Aircraft General Terms Agreement (Copa Holdings, S.A.)

Sale or Lease by Customer After Delivery. If, following delivery Delivery of an aircraftAircraft, Customer sells or leases the aircraft Aircraft (including any sale and lease-back for financing purposes), all of Customer's rights with respect to the aircraft Aircraft under the applicable purchase agreement Purchase Agreement will inure to the benefit of the purchaser or lessee of such aircraftAircraft, effective upon Boeing's receipt of the written agreement of the purchaser or lessee, in a form satisfactory to Boeing, to comply with all applicable terms and conditions of the applicable purchase agreementPurchase Agreement. Sample forms of agreement acceptable to Boeing are attached as Appendices III 3 and IV4.

Appears in 1 contract

Samples: Aircraft General Terms Agreement (Delta Air Lines Inc /De/)

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Sale or Lease by Customer After Delivery. If, following delivery of an aircraft, Customer sells or leases the aircraft (including any sale and lease-back for financing purposes), all of Customer's rights with respect to the aircraft under the applicable purchase agreement will inure to the benefit of the purchaser or lessee of such aircraft, effective upon Boeing's receipt of the written agreement of the purchaser or lessee, in a form satisfactory to Boeing, to comply with all applicable terms and conditions of the applicable purchase agreement. Sample forms of agreement acceptable to Boeing are attached as Appendices III and IV.

Appears in 1 contract

Samples: Aircraft General Terms Agreement (Atlas Air Inc)

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