Common use of Cape Town Treaty Clause in Contracts

Cape Town Treaty. (a) Regarding the Cape Town Treaty, (i) Owner shall establish a valid and existing account with the International Registry and appoint an Administrator and/or a Professional User reasonably acceptable to the Mortgagee to make registrations in regard to the Collateral, and (ii) the Mortgagee and Owner shall register and (Owner hereby consents to registration of) an International Interest in connection with each Airframe and Engine included in the Collateral.

Cape Town Treaty. (a) Regarding the Cape Town Treaty, (i) Owner each Grantor shall establish a valid and existing account with the International Registry and appoint an Administrator and/or a Professional User reasonably acceptable to the Mortgagee Administrative Agent to make registrations in regard to the Collateral, and (ii) the Mortgagee Administrative Agent and Owner each Grantor shall register and (Owner each Grantor hereby consents to registration of) an a first priority Prospective International Interest or International Interest in connection with each Airframe and Engine included in the Collateral.