First Refusal Offer. If Lessor has received a bona fide written offer from a third party to purchase the Aircraft (a “Third Party Offer”) and the Lessor wishes to accept such offer, Lessor shall, prior to accepting such offer, provide Lessee with a notice (the “Notice”) proposing to sell the Aircraft to the Lessee or its affiliates on the same terms and conditions as the Third Party Offer (a “First Refusal Offer”).
Appears in 2 contracts
Sources: Aircraft Lease Agreement, Aircraft Lease Agreement (Wendy's/Arby's Group, Inc.)