Assignment of Sublease. Any approved sublease will be assigned to LESSOR as security. LESSEE will deliver the original counterpart of the sublease to LESSOR and make any filings necessary to protect LESSOR's security interest.

Appears in 35 contracts

Sources: Aircraft Lease Agreement (Frontier Airlines Inc /Co/), Aircraft Lease Agreement (Hawaiian Airlines Inc/Hi), Aircraft Lease Agreement (Amtran Inc)

Appears in 6 contracts

Sources: Aircraft Lease Agreement (Copa Holdings, S.A.), 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.)

Assignment of Sublease. Any approved sublease will be assigned to LESSOR or a Finance Party (as ~~security~~designated in writing to LESSEE by LESSOR) as security pursuant to a security assignment agreement in a form satisfactory to LESSOR. LESSEE will deliver the original counterpart of the sublease to LESSOR and make any filings necessary to protect ~~LESSOR's security interest~~the respective Security Interests of LESSOR and any applicable Finance Party.

Appears in 2 contracts

Sources: Aircraft Lease Agreement, Aircraft Lease Agreement

Assignment of Sublease. Any approved sublease will be assigned to LESSOR as ~~security~~security for LESSEE’s obligations under this Lease. LESSEE will deliver the original counterpart of the sublease to LESSOR and make any filings necessary to protect LESSOR's ’s security interest.

Appears in 1 contract

Sources: Aircraft Lease Agreement (Frontier Airlines Inc /Co/)

Assignment of Sublease. Any approved sublease will be assigned to LESSOR as ~~security~~security for LESSEE's obligations under this Lease. LESSEE will deliver the original counterpart of the sublease to LESSOR and make any filings necessary to protect LESSOR's security interest.

Appears in 1 contract

Sources: Aircraft Lease Agreement (Frontier Airlines Inc /Co/)

Common use of Assignment of Sublease Clause in Contracts