Seizure of the Aircraft. Lessee shall not do, and shall use all lawful and reasonable efforts to prevent, any act which could reasonably be expected to result in any Aircraft, any Airframe or any Engine being arrested, confiscated, seized, taken in execution, attached, impounded, forfeited, detained in exercise or purported exercise of any registered or possessory lien or other claim or otherwise taken from the possession of Lessee or any Permitted Sublessee, and if any such arrest, confiscation, seizure, execution, taking, attachment, impoundment, forfeiture, detention or other loss of possession occurs, Lessee shall give Lessor immediate notice thereof and shall forthwith procure the prompt release of such Aircraft, Airframe or Engine.
Appears in 2 contracts
Samples: Aircraft Lease Agreement (Virgin America Inc.), Aircraft Lease Agreement (Virgin America Inc.)
Seizure of the Aircraft. Lessee shall not do, and shall use all lawful and reasonable efforts to prevent, any act which could reasonably be expected to result in any the Aircraft, any the Airframe or any Engine being arrested, confiscated, seized, taken in execution, attached, impounded, forfeited, detained in exercise or purported exercise of any registered or possessory lien or other claim or otherwise taken from the possession of Lessee or any Permitted Sublessee, and if any such arrest, confiscation, seizure, execution, taking, attachment, impoundment, forfeiture, detention or other loss of possession occurs, Lessee shall give Lessor immediate notice thereof and shall forthwith procure the prompt release of such the Aircraft, Airframe or Engine.
Appears in 1 contract
Seizure of the Aircraft. The Lessee shall not do, and shall use all lawful and reasonable its best efforts to prevent, any act which could reasonably be expected to result in any the Aircraft, any the Airframe or any Engine being arrested, confiscated, seized, taken in execution, attached, impounded, forfeited, detained in exercise or purported exercise of any registered or possessory lien Lien or other claim or otherwise taken from the possession of the Lessee or any Permitted Sublessee, and if any such arrest, confiscation, seizure, execution, taking, attachment, impoundment, forfeiture, detention or other loss of possession occurs, the Lessee shall give the Lessor and the Loan Trustee immediate notice thereof and shall forthwith procure the prompt release of such the Aircraft, the Airframe or such Engine.
Appears in 1 contract
Seizure of the Aircraft. The Lessee shall not do, and shall use all lawful and reasonable its best efforts to prevent, any act which could reasonably be expected to result in any the Aircraft, any the Airframe or any Engine being arrested, confiscated, seized, taken in execution, attached, impounded, forfeited, detained in exercise or purported exercise of any registered or possessory lien Lien or other claim or otherwise taken from the possession of the Lessee or any Permitted Sublessee, and if any such arrest, confiscation, seizure, execution, taking, attachment, impoundment, forfeiture, detention or other loss of possession occurs, the Lessee shall give the Lessor immediate notice thereof and shall forthwith procure the prompt release of such the Aircraft, the Airframe or such Engine.
Appears in 1 contract