Common use of Further Acknowledgments Clause in Contracts

Further Acknowledgments. Lessee further acknowledges that any Transferee or Additional Mortgagee shall in turn have the rights of, and be subject to the conditions to, transfer and grants of security interests set forth above in this Clause 14.

Appears in 3 contracts

Sources: Lease Agreement (Turn Works Acquisition Iii Sub a Inc), Lease Agreement (Turn Works Acquisition Iii Sub a Inc), Lease Agreement (Turn Works Acquisition Iii Sub a Inc)

Further Acknowledgments. Lessee further acknowledges that any Transferee or Additional Mortgagee shall in turn have the rights of, and be subject to the conditions to, transfer and grants of security interests Security Interests set forth above in this Clause 14.

Appears in 3 contracts

Sources: Lease Agreement (Vanguard Airlines Inc \De\), Lease Agreement (Vanguard Airlines Inc \De\), Lease Agreement (Vanguard Airlines Inc \De\)

Further Acknowledgments. Lessee further acknowledges that any Transferee or Additional Mortgagee shall in turn have the rights of, and be subject to the conditions to, transfer and grants of security interests Security Interests set forth above in this Clause Section 14.

Appears in 1 contract

Sources: Lease Agreement (Airfund International Limited Partnership)

Further Acknowledgments. Lessee further acknowledges that any Transferee or Additional Mortgagee shall in turn have the rights of, and be subject to the conditions to, transfer and grants of security interests Security Interests set forth above in this Clause 14.

Appears in 1 contract

Sources: Lease Agreement (Airfund International Limited Partnership)