Common use of Directions to Servicer Clause in Contracts

Directions to Servicer. The Servicer shall not enter into any transaction with respect to which it has provided notice pursuant to Section 2.2(a) until LIFT has provided a written certification to the Servicer to the effect that such transaction will not result in any violation of the Concentration Limits and the Servicer shall be entitled to rely upon such certification for all purposes of the Servicing Agreement and this Schedule 2.02(a).

Appears in 2 contracts

Samples: Aircraft Lease Agreement (Lease Investment Flight Trust), Aircraft Lease Agreement (Lease Investment Flight Trust)

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Directions to Servicer. The Servicer shall not enter into any transaction with respect to which it has provided notice pursuant to Section 2.2(a) until LIFT the Company has provided a written certification to the Servicer to the effect that such transaction will not result in any violation of the Concentration Limits and the Servicer shall be entitled to rely upon such certification for all purposes of the Servicing Agreement and this Schedule 2.02(a).

Appears in 1 contract

Samples: Servicing Agreement (Babcock & Brown Air LTD)

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Directions to Servicer. The Servicer shall not enter into any transaction with respect to which it has provided notice pursuant to Section 2.2(a) until LIFT AFT has provided a written certification to the Servicer to the effect that such transaction will not result in any violation of the Concentration Limits Thresholds and the Servicer shall be entitled to rely upon such certification for all purposes of the Servicing Agreement and this Schedule 2.02(a).

Appears in 1 contract

Samples: Aircraft Lease Agreement (Aircraft Finance Trust)

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