No Lessor Liens. No Lease submitted to Lender pursuant to Section 5.3, or any Equipment subject thereto, or any other of its rights therein, has been assigned to, or be subject to, any lien or security interest in favor of, any person other than Lender.
No Lessor Liens. Notwithstanding anything herein to the contrary, on the Commencement Date, there shall be no Lessor Liens on the Aircraft or facts and circumstances of which Lessor is aware and which might give rise to a Lessor Lien the existence of which would interfere with Lessee's rights under Clause 7.1.
No Lessor Liens. No Specified Lease or any Specified Equipment subject thereto, or any other of its rights therein, has been assigned to, or is subject to, any lien or security interest in favor of, any person other than FHC and Lender.
No Lessor Liens. The Property is free and clear of all Lessor Liens created by it (whether voluntary or involuntary).
No Lessor Liens. Lessor and Lessor's successors and assigns (including, without limitation, any Assignee, Secured Party or Participant) shall not directly or indirectly create, incur or suffer to exist any lien on or disposition of title of any Item or any portion thereof that either (i) results from claims against Lessor not related to the transactions contemplated by the Operative Documents or (ii) results from an affirmative act of Lessor to create such a lien or disposition and that is neither consented to by the Lessee nor taken in connection with any Event of Default (all such liens referred to in clauses (i) and (ii) being herein called "Lessor Liens"). Lessor agrees that it will, at its own cost and expense, promptly take such action as may be necessary duly to discharge any Lessor Lien attributable to it and will make restitution and hold harmless Lessee from and against any costs or expenses (including legal fees and expenses) and any reduction in the amount payable under this Master Lease, as a result of the imposition or enforcement of any such Lessor Lien attributable to it.
No Lessor Liens. Each of the Owner Participant, the Owner Trustee and the Trust Company severally agrees that it shall not directly or indirectly permit to exist any Lessor Lien attributable to it with respect to any part of the Trust Estate or the Collateral; provided that each such party shall have thirty days after having received notice thereof in which to contest any Lessor Lien in good faith by appropriate proceedings so long as in the reasonable opinion of the Finance Lessor there is no material danger of impairment of the interest of the Finance Lessor in the any of the Collateral and in the reasonable opinion of the Lessee there is no material danger of breach of its quiet enjoyment rights. Each of the Owner Participant, the Owner Trustee and the Trust Company severally agrees that it will, at its own cost and expense, promptly take such action as may be necessary duly to discharge any Lessor Lien attributable to it with respect to any part of the Trust Estate or the Collateral, and will make restitution and hold harmless the Lessee and each other Indemnified Person from and against any costs or expenses (including reasonable legal fees and expenses) and any reduction in the amount payable out of the Collateral to each present or future Holder of an interest in the Finance Lease in respect of any such interest, incurred, in each case, as a result of the imposition or enforcement of any such Lessor Lien attributable to it.
No Lessor Liens. The Owner Participant shall not, directly or --------------- indirectly, create, incur, assume or suffer to exist, and, at its expense (without any right of indemnity under this Agreement or any other Basic Agreement), shall promptly take such action as may be necessary duly to discharge, any Lessor Lien attributable to it. For all purposes of this Agreement and the other Basic Agreements, any Lessor Lien relating to or arising out of the nonpayment of any Tax imposed on or measured by the net income of the Trust Estate shall be attributed to the Owner Participant.
No Lessor Liens. The Owner Trustee agrees that it will not (as --------------- Owner Trustee or in its individual capacity), directly or indirectly, create, incur, assume or suffer to exist, and, at its expense (without any right of indemnity under this Agreement, the Trust Agreement or any other Basic Agreement), shall promptly take such action as may be necessary duly to discharge any Lessor Lien attributable to it or him.
No Lessor Liens. The Lessor agrees that it shall not directly or indirectly create, incur or suffer to exist (and will, at its own cost and expense, promptly take such action as may be necessary to discharge) any Encumbrance with respect to any Property (i) in favor of any taxing authority by reason of the nonpayment by it of any Tax (other than Taxes for which it is indemnified under the Lease) imposed on it or (ii) resulting from or related to any act of or claim against it not related to or connected with any transaction contemplated hereby or by any of the other Operative Agreements. The foregoing shall not apply to an Encumbrance granted by the Lessor to a Lender in accordance with Section 7.02(b) hereof, except that the Lessor will, at its own cost and expense, take such action as may be necessary to discharge any such Encumbrance prior to the time it is required to convey any Property to Ace.
No Lessor Liens. No Lessor Liens exist on the Aircraft.
