Common use of LEASING DOCUMENTATION Clause in Contracts

LEASING DOCUMENTATION. 4.1 Letter Agreement No. 1 is hereby amended as follows: (a) Section 1.3.4 of Letter Agreement No. 1 is deleted in its entirety and replaced with the following quoted text: QUOTE The Seller shall promptly notify the Buyer when the Seller has concluded an arrangement (either through an existing backlog of aircraft orders or a new order) (such arrangement, a “Third Party Purchase Agreement”) identifying aircraft qualifying as Leased Aircraft which are proposed to be the subject of a leasing transaction as contemplated by the Leasing Documentation. Following such notice, if the Seller delivers to the Buyer a Leasing Letter in the form of Exhibit E attached hereto (a “Leasing Letter”) executed by such Third Party Purchaser (such executed Leasing Letter, a “Third Party Agreement”), the Buyer agrees, that if