Common use of International Interests Clause in Contracts

International Interests. In connection with the obligation of any Person within the Company Group under the Security Trust Agreement to register at the International Registry any International Interest constituted by any Assigned Lease, the Servicer’s sole responsibility in respect thereof shall be to direct the International Registry administrator of the Person within the Company Group that is lessor under such Assigned Lease to register such International Interest with the International Registry and seek the consent of the Lessee to such registration. In connection with the obligation of any Person within the Company Group under the Security Trust Agreement to register the assignment to the Security Trustee of any International Interest constituted by any Assigned Lease of an Aircraft, the Servicer’s sole responsibility in respect thereof shall be to, upon request by the Security Trustee, direct the International Registry administrator of the Person within the Company Group that is lessor under such Lease to consent to the registration of the assignment in favor of the Security Trustee of any International Interest that has been registered with the International Registry in respect of such Assigned Lease and is then held by a Person with the Company Group, and request the consent of the lessee under such Assigned Lease to such assignment (which consent may be set forth in the Assigned Lease). In connection with the obligation of any Person within the Company Group under the Security Trust Agreement to register any interest created under any contract of sale with respect to an Aircraft Asset, the Servicer’s sole responsibility in respect thereof shall be to direct the International Registry administrator of the Person within the Company Group that is a party to such contract of sale to register such interest with the International Registry and seek the consent of the other party to such contract of sale to such registration. In connection with the obligation of any Person within the Company Group under the Security Trust Agreement to register any contract of sale with respect to an Aircraft Asset, the Servicer’s sole responsibility in respect thereof shall be to, upon request by the Security Trustee, direct the International Registry administrator of the Person within the Company Group that is owner of such Aircraft Asset to consent to the registration in favor of the Security Trustee of such interest with the International Registry.

Appears in 1 contract

Samples: Servicing Agreement (Babcock & Brown Air LTD)

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International Interests. In connection with the obligation of any Person within the Company GFL Group under the Security Trust Agreement to register at the International Registry any International Interest constituted by provided for under any Assigned Lease, the Servicer’s sole responsibility in respect thereof shall be to direct the International Registry administrator of the Person within the Company GFL Group that is lessor under such Assigned Lease to register such International Interest with the International Registry and seek the consent of the Lessee to such registration. In connection with the obligation of any Person within the Company GFL Group under the Security Trust Agreement to register the assignment to the Security Trustee of any International Interest constituted by provided for under any Assigned Lease of an Aircraft, the Servicer’s sole responsibility in respect thereof shall be to, upon request by the Security Trustee, direct the International Registry administrator of the Person within the Company GFL Group that is lessor under such Lease to consent to the registration of the assignment in favor of the Security Trustee of any International Interest that has been registered with the International Registry in respect of such Assigned Lease and is then held by a Person with the Company GFL Group, and request the consent of the lessee under such Assigned Lease to such assignment (which consent may be set forth in the Assigned Lease). In connection with the obligation of any Person within the Company GFL Group under the Security Trust Agreement to register any interest International Interest created under any contract of sale with respect to an Aircraft Asset, the Servicer’s sole responsibility in respect thereof shall be to direct the International Registry administrator of the Person within the Company GFL Group that is a party to such contract of sale to register such interest International Interest with the International Registry and seek the consent of the other party to such contract of sale to such registration. In connection with the obligation of any Person within the Company GFL Group under the Security Trust Agreement to register any contract of sale with respect to an Aircraft Asset, the Servicer’s sole responsibility in respect thereof shall be to, upon request by the Security Trustee, direct the International Registry administrator of the Person within the Company GFL Group that is owner of such Aircraft Asset to consent to the registration in favor of the Security Trustee of such interest International Interest with the International Registry.

Appears in 1 contract

Samples: Servicing Agreement (Genesis Lease LTD)

International Interests. (a) In connection with the obligation of any Person within the Company Serviced Group under the Security Trust Agreement to register at the International Registry any International Interest constituted by (or Prospective International Interest) provided for under any Assigned LeaseLease of an Asset, the Servicer’s sole responsibility in respect thereof shall be to direct the International Registry administrator of the applicable Person within the Company Serviced Group that is lessor under such Assigned Lease to register such International Interest with the International Registry and seek the consent of the Lessee to such registration. (b) In connection with the obligation of any Person within the Company Serviced Group under the Security Trust Agreement to register the assignment to the Security Trustee of any International Interest constituted by (or Prospective International Interest) provided for under any Assigned Lease of an AircraftAsset, the Servicer’s sole responsibility in respect thereof shall be to, upon request by the Security Trustee, direct the International Registry administrator of the applicable Person within the Company Serviced Group that is lessor under such Lease to consent to the registration of the assignment in favor of the Security Trustee of any International Interest (or Prospective International Interest) that has been registered with the International Registry in respect of such Assigned Lease and is then held by a Person with the Company Groupsuch lessor, and request the consent of the lessee under such Assigned Lease to such assignment (which consent may be set forth in the Assigned Lease). (c) In connection with the obligation of any Person within the Company Serviced Group under the Security Trust Agreement to register any interest created under any contract of sale with respect to an Aircraft Asset, the Servicer’s sole responsibility in respect thereof shall be to direct the International Registry administrator of the applicable Person within the Company Serviced Group that is a party to such contract of sale to register such interest contract of sale with the International Registry and seek the consent of the other party to such contract of sale to such registration. (d) In connection with the obligation of any Person within the Company Serviced Group under the Security Trust Agreement to register any contract of sale with respect to International Interest created under a Security Trust Agreement in an Aircraft Asset, the Servicer’s sole responsibility in respect thereof shall be to, upon request by the Security Trustee, direct the International Registry administrator of the applicable Person within the Company Serviced Group that is owner of such Aircraft Asset to consent to the registration in favor of the Security Trustee of such interest International Interest with the International Registry.

Appears in 1 contract

Samples: Execution Version Servicing Agreement (Willis Lease Finance Corp)

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International Interests. In connection with the obligation of any Person within the Company GAL Group under the Security Trust Agreement to register at the International Registry any International Interest constituted by under any Assigned Lease, the Servicer’s sole responsibility in respect thereof shall be to direct the International Registry administrator of the Person within the Company GAL Group that is lessor under such Assigned Lease to register such International Interest with the International Registry and seek the consent of the Lessee to such registration. In connection with the obligation of any Person within the Company GAL Group under the Security Trust Agreement to register the assignment to the Security Trustee of any International Interest constituted by any Assigned Lease of an Aircraft, the Servicer’s sole responsibility in respect thereof shall be to, upon request by the Security Trustee, direct the International Registry administrator of the Person within the Company GAL Group that is lessor under such Lease to consent to the registration of the assignment in favor of the Security Trustee of any International Interest that has been registered with the International Registry in respect of such Assigned Lease and is then held by a Person with the Company GAL Group, and request the consent of the lessee under such Assigned Lease to such assignment (which consent may be set forth in the Assigned Lease). In connection with the obligation of any Person within the Company GAL Group under the Security Trust Agreement to register any interest created under any contract of sale with respect to an Aircraft Asset, the Servicer’s sole responsibility in respect thereof shall be to direct the International Registry administrator of the Person within the Company GAL Group that is a party to such contract of sale to register such interest contract of sale with the International Registry and seek the consent of the other party to such contract of sale to such registration. In connection with the obligation of any Person within the Company GAL Group under the Security Trust Agreement to register any contract of sale with respect to an Aircraft Asset, the Servicer’s sole responsibility in respect thereof shall be to, upon request by the Security Trustee, direct the International Registry administrator of the Person within the Company GAL Group that is owner of such Aircraft Asset to consent to the registration in favor of the Security Trustee of such interest contract of sale with the International Registry.. SCHED 2.02(a)-8

Appears in 1 contract

Samples: Servicing Agreement (Genesis Lease LTD)

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