Unlawful. it becomes unlawful for the Lessee to perform any of its material obligations under this Agreement or this Agreement becomes wholly or partly invalid or unenforceable, provided that any such partial invalidity or unenforceability shall only constitute an Event of Default if it has a material adverse effect on the Lessee's ability to perform its obligations under this Agreement or the Lessor's rights, title and interest in and to the Aircraft or under this Agreement; or
Appears in 5 contracts
Samples: Lease Agreement (Turn Works Acquisition Iii Sub a Inc), Lease Agreement (Vanguard Airlines Inc \De\), Lease Agreement (Vanguard Airlines Inc \De\)
Unlawful. it becomes unlawful for the Lessee to perform any of its -------- material obligations under this Agreement or this Agreement becomes wholly or partly invalid or unenforceable, provided that any such partial invalidity or unenforceability shall only constitute an Event of Default if it has a material adverse effect on the Lessee's ability to perform its obligations under this Agreement or the Lessor's rights, title and interest in and to the Aircraft or under this Agreement; or
Appears in 5 contracts
Samples: Lease Agreement (American Income Fund I-D LTD Partnership), Lease Agreement (Afg Investment Trust C), Lease Agreement (Airfund International Limited Partnership)
Unlawful. it becomes unlawful for the Lessee to perform any of its material obligations under this Agreement or this Agreement becomes wholly or partly invalid or unenforceable, provided that any such partial invalidity or unenforceability shall only constitute an Event of Default if it has a material adverse effect on the Lessee's ’s ability to perform its obligations under this Agreement or the Lessor's ’s rights, title and interest in and to the Aircraft or under this Agreement; or
Appears in 1 contract
Samples: Lease Agreement (Global Crossing Airlines Group Inc.)
Unlawful. it becomes unlawful for the Lessee to perform any of its material obligations under this Agreement or this Agreement becomes wholly or partly invalid or unenforceable, provided that any such partial invalidity or unenforceability shall only constitute an Event of Default if it has a material adverse effect on the Lessee's ability to perform its obligations under this Agreement or the Lessor's or the Lender's rights, title and interest in and to the Aircraft or under this Agreement; or
Appears in 1 contract
Samples: Lease Agreement (Turn Works Acquisition Iii Sub a Inc)
