Common use of Transfer of Beneficial Interest Clause in Contracts

Transfer of Beneficial Interest. If on a date prior to the Delivery Date, the Lessee shall have identified one or more Owner Participants ready, willing and able to acquire the Beneficial Interest of the Initial Owner Participant in consideration for such Owner Participant's or Owner Participants' agreement to participate in the Lessor's payment of the Purchase Price for the Aircraft on the Delivery Date, the Initial Owner Participant shall transfer its Beneficial Interest to such Owner Participant or Owner Participants on such date (the "Transfer Date"). On the Transfer Date, the document amendments contemplated by Section 2.03(a) hereof (subject to the limitations set forth in such Section) shall be effected and such amended documents delivered.

Transfer of Beneficial Interest. If on a date prior to the Delivery Date, the Lessee shall have identified one or more an Owner Participants Participant ready, willing and able to acquire the Beneficial Ownership Interest of the Initial Owner Participant Participant, in consideration for such Owner Participant's or Owner Participants' agreement to participate in the Lessor's payment Cost of the Purchase Price for the Aircraft on the Delivery Date, the Initial Owner Participant shall transfer its Beneficial Interest to such Owner Participant or Owner Participants on such date (the "Transfer DateTRANSFER DATE"). On the Transfer Date, the document amendments contemplated by Section 2.03(a1(c) hereof below (subject to the limitations set forth in such Section) shall be effected and such amended documents delivered.

Transfer of Beneficial Interest. If on a date prior to the Delivery Date, the Lessee shall have identified one or more Owner Participants ready, willing and able to acquire the Beneficial Interest of the Initial Owner Participant in consideration for such Owner Participant's or Owner Participants' agreement to participate in the Lessor's payment of the Purchase Price for the Aircraft on the Delivery DateDate as provided in Section 3.02(a) hereof, the Initial Owner Participant shall transfer its Beneficial Interest to such Owner Participant or Owner Participants on such date (the "Transfer Date"). On the Delivery Date (or if earlier the Transfer Date), the document amendments contemplated by Section 2.03(a) 2.03 hereof (subject to the limitations set forth in such Section) shall be effected and such amended documents delivered.