Common use of CONDITIONS PRECEDENT TO OBLIGATIONS OF OWNER TRUSTEE Clause in Contracts

CONDITIONS PRECEDENT TO OBLIGATIONS OF OWNER TRUSTEE. The obligation of Owner Trustee to take the actions required by this Agreement to be taken by it at the Closing is subject to the satisfaction or waiver by Owner Trustee, prior to or at the Closing, of the conditions precedent set forth below in this Section 4.2; provided that it shall not be a condition precedent to the obligations of Owner Trustee that any document be delivered or action be taken that is to be delivered or be taken by Owner Trustee or by a Person within Owner Trustee’s control.

Appears in 5 contracts

Samples: Letter Agreement (American Airlines Inc), Lease Agreement (Amr Corp), Lease Agreement (American Airlines, Inc.)

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CONDITIONS PRECEDENT TO OBLIGATIONS OF OWNER TRUSTEE. The obligation of Owner Trustee to take the actions required by this Agreement to be taken by it at on the Closing Date is subject to the satisfaction or waiver by Owner Trustee, at or prior to or at the Closing, of the conditions precedent set forth below in this Section 4.2; provided that it shall not be a condition precedent to the obligations of Owner Trustee that any document be delivered or action be taken that is to be delivered or be taken by Owner Trustee or by a Person within Owner Trustee’s control5.2.

Appears in 1 contract

Samples: Lease Agreement (Republic Airways Holdings Inc)

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