Lease Novation Agreement Sample Contracts

Contract
Lease Novation Agreement • May 5th, 2020 • England and Wales

EX-10.40 3 y04262exv10w40.htm EX-10.40 Exhibit 10.40 LEASE NOVATION AGREEMENT (CAC [ ]), dated as of December 15, 2010 (this “Agreement”), among WELLS FARGO BANK NORTHWEST, NATIONAL ASSOCIATION, a US national banking association, not in its individual capacity but solely as Owner Trustee (“Existing Lessor”), THUNDERBIRD [ ] LEASING LIMITED, a Mauritius company (“New Lessor”), and SOUTH AFRICAN AIRWAYS (PTY) LTD., a South African private limited liability company (“Lessee”). RECITALS Pursuant to Lease Agreement (CAC [ ]), dated as of December 16, 2009 (as previously amended and supplemented, the “Lease Agreement”), between Existing Lessor, as lessor, and Lessee, as lessee, in respect of one Airbus A330-200 aircraft with manufacturer’s CAC [ ] and manufacturer’s serial number [ ] (the “Aircraft”), Existing Lessor agreed to lease and Lessee agreed to take on lease the Aircraft upon the terms and conditions set out therein. Existing Lessor and New Lessor desire that Existing Lessor transfe

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Contract
Lease Novation Agreement • April 11th, 2011

LEASE NOVATION AGREEMENT (CAC [ ]), dated as of December 15, 2010 (this “Agreement”), among WELLS FARGO BANK NORTHWEST, NATIONAL ASSOCIATION, a US national banking association, not in its individual capacity but solely as Owner Trustee (“Existing Lessor”), THUNDERBIRD [ ] LEASING LIMITED, a Mauritius company (“New Lessor”), and SOUTH AFRICAN AIRWAYS (PTY) LTD., a South African private limited liability company (“Lessee”).

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