Lessee Consent definition

Lessee Consent means, with respect to any Lease, a consent, executed by the respective Lessee, to the assignment of such Lease to the Borrower and to the grant of the security interest in such Lease to the Collateral Agent, in each case without any material qualifications.

Lessee Consent means in respect of each Aircraft subject to an Aircraft Lease that is Aircraft Collateral, a document in form and substance reasonably acceptable to the Agent under which, amongst other matters, each relevant lessee acknowledges the interest of the Agent in such Aircraft and agrees that its Aircraft Lease is subject and subordinate to the Other Documents.

Lessee Consent means, with respect to each Lease, a Lessee Consent substantially in the form of Exhibit C-2 or such other form reasonably satisfactory to the Agent, with appropriate insertions and with such other changes as (i) may be recommended by local counsel in the State of Registration (including as to governing law and language) or (ii) may be reasonably requested by the Agent.

Examples of Lessee Consent in a sentence

• The Parties acknowledge and agree that the Assignment and Assumption of Energy Project Cooperative Agreement includes the assignment and assumption of the Lessee Consent.

• Each Lessee Consent shall be in form and substance sufficient to satisfy the Lessee Consent Requirements of such Lease.

• All rights (including, without limitation, the right to receive any indemnity payment under this Section 7.1) of an Indemnified Person and any member of such Indemnified Person’s Related Indemnitee Group shall be exercised solely by an Indemnified Person who is a party to this Agreement or a Back-Leveraging Indemnified Person who is a party to a Lessee Consent and is bound by an agreement, for the benefit of Lessee, described in Section 8.3.2(a)(ii).

• The insurance provisions set forth above for the benefit of the Specified Persons shall only apply to the extent that Lessee has agreed to indemnify such Specified Person pursuant to the Operative Documents or a Lessee Consent and then only in such Specified Person’s capacity as Lessor, Trust Company, Owner Participant or Back-Leveraging Indemnified Person, as applicable.

• The signature block of the Form of Assumption and Assignment Agreement is hereby amended by inserting the following quoted text after the signature block for “[NAME OF ASSIGNEE]”: QUOTE [NAME OF SERVICER] By: Name: Title:] [Ftnt] [Ftnt] To be inserted only if Assignee has appointed a Servicer and if there is no Lessee Consent that deals with the role of a Servicer.

More Definitions of Lessee Consent

Lessee Consent has the meaning set forth in Section 8.3.2(b) of the Participation Agreement.

Lessee Consent means the Assignment of Master Lease and Guaranty Consent Agreement, dated as of April 30, 1998, by and among the Penvest Trust, the Louisiana Trust and the Nevada Partnership, Nomura and Lessee, in which, among other things, Lessee consents to the assignment of the Net Lease to Nomura.

Lessee Consent means Lessee Consent to be dated the Delivery Date among Lessor, Lessee and Security Trustee, in form and substance (including the confirmation of Lessee’s right to quiet enjoyment of the Aircraft) reasonably acceptable to Lessor, Lessee and Security Trustee pursuant to which Lessee consents to Lessor’s granting a Lien on this Agreement to Security Trustee.

Lessee Consent means the Consent Agreement and Acknowledgment (1032) dated as of November , 1998 made by EJI Sales, Inc.

Lessee Consent means, in respect of any Aircraft, a Lessee Consent executed by the Lessee, the Owner, Wheels Up and the Security Trustee, in form and substance reasonably satisfactory to the Security Trustee.

Lessee Consent means, with respect to any Lease, a consent, executed by the respective Lessee, to the assignment of such Lease to the Borrower and to the grant of the security interest in such Lease to the Collateral Agent, in each case without any material qualifications. “LIBOR” means: (a) for any Interest Period, the rate per annum equal to the rate determined by the Agent to be the offered rate that appears on the page of the Reuters screen (or any successor thereto) that displays the ICE Benchmark Rates for one-month deposits in Dollars (for delivery on the first day of such Interest Period), determined as of approximately 11:00 A.M. (London time) two Business Days prior to the first day of such Interest Period; or (b) if the rate referred to in clause (a) above does not appear on such Reuters page or service or such page or service shall cease to be available, the rate per annum equal to the rate determined by the Agent to be the offered rate that appears on such other page or service that displays the ICE Benchmark Rates for 747656567 17557858 35 Fifth Amended and Restated Warehouse Loan Agreement

Lessee Consent means that certain Consent and Agreement, to be entered into among Lessee, Lessor and Societe Generale, as collateral agent, as amended, restated, supplemented or otherwise modified from time to time.