Use of Termination Date. If this Lease is cancelled or the leasing of the Aircraft is otherwise terminated and the Aircraft is repossessed in connection with Lessor’s exercise of remedies following the occurrence and during the continuation of an Event of Default prior to the Scheduled Termination Date, then notwithstanding the use of the term “Termination Date” in this Lease, the period of the Lease Term and the “Scheduled Termination Date” will be utilised in calculating the damages to which Lessor may be entitled to receive from Lessee pursuant to Section 24.1.
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Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)
Use of Termination Date. If this Lease is cancelled or the leasing of the Aircraft is otherwise terminated and the Aircraft is repossessed in connection with Lessor’s exercise of remedies following the occurrence and during the continuation of an Event of Default prior to the Scheduled Termination Date, then notwithstanding the use of the term “Termination Date” in this Lease, the period of the Lease Term and the “Scheduled Termination Date” will be utilised in calculating the damages to which Lessor may be entitled to receive from Lessee pursuant to Section 24.1.. 76 ARTICLE 24 LESSOR’S RIGHTS ADN REMEDIES
Appears in 1 contract
Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)
Use of Termination Date. If this Lease Agreement is cancelled or the leasing of the Aircraft is otherwise terminated and the Aircraft is repossessed in connection with Lessor’s 's exercise of remedies following the occurrence and during the continuation of an a Lease Event of Default prior to the Scheduled Termination Date, then notwithstanding the use of the term “"Termination Date” " in this LeaseAgreement, the period of the Lease Term and the “"Scheduled Termination Date” " will be utilised utilized in calculating the damages to which Lessor may be entitled to receive from Lessee pursuant to Section 24.110.2.
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Use of Termination Date. If For avoidance of doubt, it is agreed that if this Lease is cancelled or the leasing of the Aircraft is otherwise terminated terminates and the Aircraft is repossessed in connection with Lessor’s exercise of remedies following the occurrence and during the continuation of by Lessor due to an Event of Default prior to the Scheduled Termination DateDefault, then then, 105(137) notwithstanding the use of the term “Termination Date” in this Lease, the period of the Lease Term and the “Scheduled Termination Expiration Date” will be utilised utilized in calculating the damages to which Lessor may be is entitled to receive from Lessee pursuant to Section 24.1Article 23.5.
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Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)
Use of Termination Date. If this Lease Agreement is cancelled or the leasing of the Aircraft is otherwise terminated and the Aircraft is repossessed in connection with Lessor’s exercise of remedies following the occurrence and during the continuation of an a Lease Event of Default prior to the Scheduled Termination Date, then notwithstanding the use of the term “Termination Date” in this LeaseAgreement, the period of the Lease Term and the “Scheduled Termination Date” will be utilised utilized in calculating the damages to which Lessor may be entitled to receive from Lessee pursuant to Section 24.110.2.
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Use of Termination Date. If this Lease is cancelled or the leasing of the Aircraft is otherwise terminated and the Aircraft is repossessed in connection with Lessor’s exercise of remedies following the occurrence and during the continuation of an Event of Default prior to the Scheduled Termination Date, then notwithstanding the use of the term “Termination Date” in this Lease, the period of the Lease Term and the “Scheduled Termination Date” will be utilised in calculating the damages to which Lessor may be entitled to receive from Lessee pursuant to Section 24.1.. 77 ARTICLE 24 LESSOR’S RIGHTS AND REMEDIES
Appears in 1 contract
Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)
Use of Termination Date. If For avoidance of doubt, it is agreed that if this Lease is cancelled or the leasing of the Aircraft is otherwise terminated terminates and the Aircraft is repossessed in connection with Lessor’s exercise of remedies following the occurrence and during the continuation of by Lessor due to an Event of Default prior to the Scheduled Termination DateDefault, then then, notwithstanding the use of the term “Termination Date” in this Lease, the period of the Lease Term and the “Scheduled Termination Expiration Date” will be utilised utilized in calculating the damages to which Lessor may be is entitled to receive from Lessee pursuant to Section 24.1Article 23.5.
Appears in 1 contract
Samples: Aircraft Lease Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)