Title to Aircraft. On the Delivery Date LESSOR will have good and valid title to the Aircraft.
Title to Aircraft. On the Advance Date, the Borrower represents and warrants that Borrower has such title to the Aircraft as was conveyed to it by Prior Owner, free and clear of all Lessor Liens attributable to the Borrower (other than (i) the Security Interest granted by the Borrower in favor of the Security Trustee pursuant to the Security Agreement and the Local Mortgage, and (ii) the rights of the Lessee under the Lease).
Title to Aircraft. Except as would not reasonably be expected to have a Material Adverse Effect, the Company or one of its subsidiaries has legal and valid title to all aircraft disclosed as owned by such person in the Disclosure Package, the Registration Statement and the Prospectus, in each case free and clear of all liens, security interests, pledges, charges, encumbrances, mortgages and defects, except such as are disclosed in or contemplated by the Disclosure Package, the Registration Statement or the Prospectus, pursuant to the terms and conditions of any and all debt agreements to which the Company or any of its subsidiaries is a party, or as permitted under aircraft leases entered into in the ordinary course to which the Company or any of its subsidiaries is a party.
Title to Aircraft. As of the time of Sale of an Aircraft, Seller will have good and valid title to the Aircraft to transfer to Buyer, free and clear of all Warranted Security Interests but subject to any other Security Interests.
Title to Aircraft. Sublessor warrants that title to the Aircraft will be vested in Owner Trustee and the Aircraft shall be free and clear of any and all Liens except for the Security Interests of Owner Trustee, Sublessor's Lender and this Sublease.
Title to Aircraft. Permit an Aircraft Owning Subsidiary to own the legal and/or beneficial title to more than one Aircraft or Airframe without the prior written consent of the Agent; and
Title to Aircraft. 14 SECTION 3.11
Title to Aircraft. A. Except as otherwise expressly provided herein, title to the Aircraft, including Engines, accessories and other equipment of every nature which are physically attached to or in operation on the Aircraft and title to any other engines and personal property furnished or supplied by Lessor to Lessee hereunder shall be and remain in Lessor's name at all times. Lessee shall have no right, title or interest in the Aircraft except as provided in this Lease. Lessee shall not directly or indirectly create, incur, assume or suffer to exist any Lien (any mortgage, pledge, lien, charge, encumbrance, lease, exercise of rights, security interest or claim) on or with respect to the Aircraft or any Engine, title thereto or any interest therein, except (i) the respective rights of Lessor and Lessee as herein provided; (ii) Lessor's Liens (Liens arising as a result of (a) claims against Lessor not related to the transactions contemplated by this Lease; (b) acts of Lessor, not contemplated and expressly permitted under this Lease; or (b) taxes imposed against Lessor which are not indemnified against by Lessee pursuant to Article 9) with respect to the Aircraft or any Engine; (iii) Liens for Taxes either not yet due or being contested in accordance with Section 9 hereof and so long as adequate reserves are maintained with respect to such Liens; and (iv) inchoate materialmen's, mechanics', workmen's, repairmen's, employees' or other like Liens arising in the ordinary course of business, which either are not delinquent or are begin contested in good faith by Lessee, so long as the Aircraft or such Engine is not in danger of being lost, sold, confiscated, forfeited or seized as a result of any such Lien provided, however, that Lessee has established cash reserves in an amount necessary to discharge any such Lien. Lessee shall promptly, at its own expense, take such action as may be necessary to duly discharge any Lien (except for the Liens referred to in clauses (i) and (ii) of this Section 14) if the same shall arise at any time with respect to the Aircraft or any Engine. Lessee shall promptly pay and discharge when due, or make adequate provision (by way of security or otherwise) for, or procure that the same are paid and discharged, all debts, claims, liabilities or obligations whatsoever created by it or any other Person, or arising as a result of any matter concerning it or any other Person, which may give rise to any Lien on the Aircraft or any Engine, including, without...
Title to Aircraft. On the Delivery Date Lessor will have good and valid title to the Aircraft free and clear of liens other than Lessor’s Liens.
Title to Aircraft. Upon consummation of the Closing, the Borrower will have good title to the Aircraft free and clear of all Liens other than Permitted Liens.
