Special Purpose Undertakings Sample Clauses

Special Purpose Undertakings. The Borrower acknowledges to the Senior Finance Parties that it and each of the other Borrower Parties has been originated for the sole purpose of acting as a vehicle for the financing of the Financed Aircraft and the transaction contemplated by the Operative Documents. The Borrower undertakes to the Senior Financing Parties on its own behalf and on behalf of each of the Borrower Parties that at all times throughout the Security Period: