Step-In Agreement definition
Examples of Step-In Agreement in a sentence
This Decision Notice is delivered pursuant to clause 7.3 of the Agreement as a result of the occurrence of a Step-In Event arising from [the delivery by Airbus of an Airbus Termination Notice] [the delivery by the Financier of a Material Loan Event Notice] [the occurrence of a “Step-In Event” (or equivalent term) under any Other Step-In Agreement].
The Parties agree that this Frontier / JSA: A320 NEO / A321 NEO – Step-In Agreement 38 VP/#67211098.6 Agreement, any amendment, supplement or variation with respect to this Agreement or any other document necessary for the consummation of the transactions contemplated by this Agreement may be accepted, executed or agreed to through the use of an electronic signature in accordance with E Sign, UETA and any applicable law.
The Borrower shall not amend the detail specification for an Aircraft or consent to the amendment of the detail specification for an Aircraft, including, without limitation, by issuing an SCN, if such amendment would cause the purchase price of the Aircraft to exceed the Lender's Net Price payable upon a Step-In pursuant to the Step-In Agreement.
Frontier / JSA: A320 NEO / A321 NEO – Step-In Agreement VP/#67211098.8 This Letter of Release relates to the [aircraft type] aircraft with aircraft rank number [●] and MSN [●] (the Aircraft).
Frontier / JSA: A320 NEO / A321 NEO – Step-In Agreement VP/#67211098.8 This is the Decision Notice for the purposes of the Agreement.