Covenants of Owner. Owner covenants and agrees, at its own cost and expense, with Note Holder and Mortgagee as follows:
Covenants of Owner. Owner acknowledges that the covenants of Owner contained in this Option Agreement, including the covenants contained in this Section 11 (the “Covenants”), are material inducements to Optionee to enter into this Option Agreement. The Covenants specifically delineated in this section are the following:
Covenants of Owner. (a) Owner agrees in general: (i) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (ii) to permit Bank to exercise its powers; (iii) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (iv) not to change Owner’s name, and as applicable, its chief executive office, its principal residence or the jurisdiction in which it is organized and/or registered without giving Bank prior written notice thereof; (v) not to change the places where Owner keeps any Collateral or Owner’s records concerning the Collateral and Proceeds without giving Bank prior written notice of the address to which Owner is moving same; and (vi) to cooperate with Bank in perfecting all security interests granted herein and in obtaining such agreements from third parties as Bank deems necessary, proper or convenient in connection with the preservation, perfection or enforcement of any of its rights hereunder.
Covenants of Owner. During the Term of this Agreement, Owner hereby covenants and agrees with the City as follows:
Covenants of Owner. Owner covenants and agrees as follows:
Covenants of Owner. Owner agrees that:
Covenants of Owner. Owner covenants and agrees, at its own cost and expense, with each Note Holder and Mortgagee as follows:
Covenants of Owner. Owner covenants and promises that:
Covenants of Owner. So long as the Airframe or any Engine is subject to the Lien of this Agreement, the Owner covenants and agrees as follows:
