Examples of Existing Lessor in a sentence
New Lessor undertakes to provide Lessee as soon as reasonably practicable with a copy of any consents given pursuant to the airframe warranties or the Engine warranties, each dated as of the Effective Time and relating to the Aircraft or Engines, as applicable, in respect of the assignment of rights, title and interests thereunder from Existing Lessor to New Lessor.
Existing Lessor, New Lessor and Lessee (individually a “Party” and collectively, the "Parties") wish to use this Master Agreement for specific transactions ("Novation Agreements") on the terms hereof as modified thereby.
By a sale and purchase agreement dated [•] (the "Sale Agreement") between[, amongst others,] the Existing Lessor and [insert name of counterparty if different from new lessor], the Existing Lessor has agreed to sell the Aircraft to the New Owner on the terms and conditions set out in the Sale Agreement.
Existing Lessor, New Lessor and Lessee (individually a “Party” and collectively the “Parties”) wish to use this Master Agreement for specific assignment, assumption and amendment agreements ("Assignment, Assumption and Amendment Agreements") on the terms hereof as modified thereby.
As of the Effective Time, Existing Lessor has transferred to New Lessor the security deposit of ___________ and maintenance reserves of ____________ received from the Lessee pursuant to Article ___ of the Lease.