Common use of Assignment to Lender Clause in Contracts

Assignment to Lender. Subject to Sublessee's rights under this Agreement, Owner Trustee and Sublessor may at any time grant Security Interests over the Aircraft and the benefit of this Agreement, the other Transaction Documents and any other agreement related to the Aircraft to any lender as security for Owner Trustee's obligations to such lender. Owner Trustee's rights to grant any such Security Interests shall be subject only to receipt by Sublessee of an acknowledgment from or on behalf of Lender relating to quiet enjoyment by Sublessee of the Aircraft as referred to in Clause 25.4.2.