Common use of Title and Registration Clause in Contracts

Title and Registration. Operator has exclusive legal and equitable title to the Aircraft. Lessee acknowledges that title to the Aircraft shall remain vested in Operator. Lessee undertakes, to the extent permitted by Applicable Law, to do all such further acts, deeds, assurances or things as may be necessary or desirable, in Operator’s reasonable opinion, to protect or preserve Operator’s title to the Aircraft.

Appears in 2 contracts

Samples: Aircraft Time Sharing Agreement (Target Corp), Aircraft Time Sharing Agreement (Target Corp)

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Title and Registration. Operator Owner has exclusive legal and equitable title to the Aircraft. Lessee acknowledges that title to the Aircraft shall remain vested in OperatorOwner. Lessee undertakes, to the extent permitted by Applicable Law, to do all such further acts, deeds, assurances or things as may be necessary or desirable, in Operator’s reasonable opinion, to protect or preserve Operator’s lease interest and Owner’s title to the Aircraft.

Appears in 2 contracts

Samples: Aircraft Time Sharing Agreement, Aircraft Time Sharing Agreement (Supervalu Inc)

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