Common use of Remedy Clause in Contracts

Remedy. If Lessee fails to comply with any provision of this Agreement, Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of Lessor to treat the non-compliance as a Default or an Event of Default, effect compliance on behalf of Lessee, whereupon Lessee shall become liable to pay immediately any sums expended by Lessor together with all costs and expenses (including legal costs) in connection therewith.

Appears in 15 contracts

Samples: Aircraft Lease Agreement (Frontier Airlines Inc /Co/), Aircraft Lease Agreement (Midway Airlines Corp), Aircraft Lease Agreement (Air South Airlines Inc)

AutoNDA by SimpleDocs

Remedy. If Lessee fails to comply with any provision of this Agreementthe Lease, Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of Lessor to treat the such non-compliance as a Default or an Event of Default, effect compliance on behalf of Lessee, whereupon Lessee shall become liable to pay immediately any sums expended by Lessor together with all costs and expenses (including legal costsfees and expenses) in connection therewithwith the non-compliance.

Appears in 5 contracts

Samples: Common Terms Agreement (Lan Airlines SA), Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc), Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc)

Remedy. If the Lessee fails to comply with any provision of this Agreement, the Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of the Lessor to treat the non-compliance as a Default or an Event of Default, effect compliance on behalf of the Lessee, whereupon the Lessee shall become liable to pay immediately any sums expended by the Lessor together with all costs and expenses (including reasonable legal costs) necessarily incurred in connection therewith.

Appears in 5 contracts

Samples: Lease Agreement (Turn Works Acquisition Iii Sub a Inc), Lease Agreement (Vanguard Airlines Inc \De\), Lease Agreement (Vanguard Airlines Inc \De\)

Remedy. If Lessee fails to comply with any provision of this Agreement, Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of Lessor to treat the non-compliance as a Default or an Event of Default, effect compliance on behalf of Lessee, whereupon Lessee shall become liable to pay immediately any sums expended by Lessor together with all costs and expenses (including reasonable legal costs) necessarily incurred in connection therewith.

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

Remedy. If Lessee fails to comply with any provision of this Agreementthe Lease, Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of Lessor to treat the such non-compliance as a Default or an Event of Default, effect compliance on behalf of Lessee, whereupon Lessee shall become liable to pay immediately any sums expended by Lessor together with all documented costs and expenses (including reasonable and documented legal costsfees and expenses) in connection therewithwith the non-compliance.

Appears in 2 contracts

Samples: Common Terms Agreement (Kitty Hawk Inc), Common Terms Agreement (Kitty Hawk Inc)

Remedy. If Lessee fails to comply with any provision of this Agreement, Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of Lessor to treat the non-compliance as a Default or an Event of Default, effect compliance on behalf of Lessee, whereupon Lessee shall become liable to pay immediately any sums expended by Lessor Lessor, together with all costs and expenses (including legal costs) in connection therewith.

Appears in 2 contracts

Samples: Aircraft Lease Agreement (Copa Holdings, S.A.), Aircraft Lease Agreement (Copa Holdings, S.A.)

Remedy. If Lessee fails to comply with any provision of this Agreement, Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of Lessor to treat the non-such non- compliance as a Default or an Event of Default, effect compliance on behalf of Lessee, whereupon Lessee shall become liable to pay reimburse Lessor on an After-Tax Basis immediately any sums expended by Lessor together with all costs and expenses (including legal costs) in connection therewith.. 16.5

Appears in 2 contracts

Samples: Aircraft Lease Agreement (Vanguard Airlines Inc \De\), Aircraft Lease Agreement (Vanguard Airlines Inc \De\)

Remedy. If Lessee fails to comply with any provision of this Agreement, Lessor may, after giving any required notice and the passage of any applicable cure right hereunder, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of Lessor to treat the non-compliance as a Default or an Event of Default, effect compliance on behalf of Lessee, whereupon Lessee shall become liable to pay immediately any sums expended by Lessor together with all costs and expenses (including legal costs) in connection therewith.

Appears in 2 contracts

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

Remedy. If Lessee fails to comply with any provision of this Agreementthe Lease, Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of Lessor to treat the such non-compliance as a Default or an Event of Default, effect compliance on behalf of Lessee, whereupon Lessee shall become liable to pay immediately any sums expended by Lessor together with all reasonable out-of-pocket costs and expenses (including reasonable legal costsfees and expenses) in connection therewithwith the non-compliance.

Appears in 2 contracts

Samples: Common Terms Agreement (Airtran Airways Inc), Common Terms Agreement (Airtran Airways Inc)

Remedy. If Lessee fails to comply with any provision of this Agreement, Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of Lessor to treat the non-non- compliance as a Default or an Event of Default, effect compliance on behalf of Lessee, whereupon Lessee shall become liable to pay immediately any sums expended by Lessor together with all costs and expenses (including legal costs) in connection therewith.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Frontier Airlines Inc /Co/)

Remedy. If Lessee fails to comply with any provision of this Agreement, Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of Lessor to treat the such non-compliance as a Lease Default or an Event of Defaultuntil such time, if any, as such Lease Default is cured, effect compliance on behalf of Lessee, whereupon Lessee shall become liable to pay immediately any sums expended by Lessor together with all costs and expenses (including legal costs) in connection therewith.

Appears in 1 contract

Samples: Purchase Agreement (Latam Airlines Group S.A.)

AutoNDA by SimpleDocs

Remedy. If the Lessee fails to comply with any provision of this Agreement, the Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of the Lessor to treat the non-compliance as a Default or an Event of Default, effect compliance on behalf of Lesseethe Lessee after such notice to, and consultation with, the Lessee as is reasonable under the circumstances, whereupon the Lessee shall become liable to pay immediately any sums expended by the Lessor together with all costs and expenses (including legal costs) in connection therewith.

Appears in 1 contract

Samples: Lease Agreement (Western Pacific Airlines Inc /De/)

Remedy. If the Lessee fails to comply with any provision of this Agreement, the Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of the Lessor to treat the non-compliance as a Default or an Event of Default, effect compliance on behalf of the Lessee, whereupon the Lessee shall become liable to pay immediately any sums reasonably expended by the Lessor together with all reasonable costs and expenses (including reasonable legal costs) necessarily incurred in connection therewith.. 15.8

Appears in 1 contract

Samples: Lease Agreement (Afg Investment Trust D)

Remedy. If Lessee fails to comply with any provision of this Agreement, Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of Lessor to treat the such non-compliance as a Default or an Event of Default, effect compliance on behalf of Lessee, : -32- 160 whereupon Lessee shall become liable to pay immediately any sums expended by Lessor together with all costs and expenses (including legal costs) in connection therewith.

Appears in 1 contract

Samples: Servicing Agreement (Aerco LTD)

Remedy. If Lessee fails to comply with any provision of this Agreement, Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of Lessor to treat the non-compliance noncompliance as a Default or an Event of Default, effect compliance on behalf of Lessee, whereupon Lessee shall become liable to pay immediately any sums expended by Lessor together with all costs and expenses (including legal costs) in connection therewith.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Copa Holdings, S.A.)

Remedy. If the Lessee fails to comply with any provision of this Agreement, the Lessor or the Lender may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of the Lessor to treat the non-compliance as a Default or an Event of Default, effect compliance on behalf of the Lessee, whereupon the Lessee shall become liable to pay immediately any sums expended by the Lessor or the Lender together with all costs and expenses (including reasonable legal costs) necessarily incurred in connection therewith.

Appears in 1 contract

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

Remedy. If Lessee fails to comply with any provision of this Agreement, Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of Lessor to treat the non-non- compliance as a Default or an Event of Default, effect compliance on behalf of Lessee, whereupon Lessee shall become liable to pay immediately any sums expended by Lessor together with all costs and expenses (including reasonable legal costs) necessarily incurred in connection therewith.

Appears in 1 contract

Samples: Lease Agreement (Global Crossing Airlines Group Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.