Common use of Lessor Assignment Clause in Contracts

Lessor Assignment. Lessor may assign, at its cost and expense (unless an Event of Default shall have occurred and be continuing, in which case such assignment shall be at Lessee’s cost and expense), all or any of its rights under this Agreement and in the Aircraft.

Appears in 2 contracts

Sources: Aircraft Lease Agreement (Global Crossing Airlines Group Inc.), Aircraft Lease Agreement (Global Crossing Airlines Group Inc.)