Seller Conditions Precedent. 5.1.1 The obligation of the Seller to sell or, as the case may be, to procure that the Owner sells the Aircraft shall be subject to fulfilment of the Seller Conditions Precedent set out in Schedule 4, on or prior to the date for fulfilment of such Seller Conditions Precedent (except to the extent that the Seller agrees in writing in its absolute discretion to waive or defer any such condition). 5.1.2 The Seller Conditions Precedent have been inserted for the benefit of the Seller and may be waived in writing, in whole or in part and with or without conditions, by the Seller without prejudicing the right of the Seller to receive fulfilment of such conditions, in whole or in part, at any time thereafter.
Appears in 9 contracts
Samples: Buyback Agreement (Latam Airlines Group S.A.), Buyback Agreement (Latam Airlines Group S.A.), Buyback Agreement (Latam Airlines Group S.A.)