Reregistration Clause Samples

Reregistration. The Owner Participant, the Indenture Trustee, the Pass Through Trustee and each Loan Participant agree that, at any time after the Depreciation Period, so long as no Lease Event of Default shall have occurred and be continuing, Lessee may elect to effect a change in registration of the Aircraft, at Lessee's cost and expense, so long as the country of registry of the Aircraft is a country listed in the last paragraph of this Section 7(d). Upon the request of the Lessee, the country list in the last paragraph of this Section 7(d) may be amended from time to time to include any other country which the Owner Participant and the Indenture Trustee have determined, acting reasonably, would provide substantially equivalent protection for the rights of owner participants, lessors or lenders in similar transactions as provided under the laws of the United States and the states thereof. In order for Lessee to effect a change in the country of registry of the Aircraft, Lessee shall deliver to the Owner Participant, the Owner Trustee (in its individual capacity) and the Indenture Trustee the following: (I) an Officer's Certificate certifying that (A) the insurance or self-insurance required by Section 11 of the Lease shall be in full force and effect at the time of such change in registration after giving effect to such change in registration, (B) all indemnities in favor of the Owner Participant, the Owner Trustee (in its individual capacity and as trustee under the Trust Agreement) and the Indenture Trustee under any Operative Document afford each such party substantially the same protection as provided prior to such change of registry, (C) the lien of the Trust Indenture in favor of the Trustee will continue as a first priority lien following such change of registry, (D) such change will not result in the imposition of, or increase in the amount of, any Tax for which Lessee is not required to indemnify, or is not then willing to enter into a binding agreement to indemnify, the Owner Participant, the Note Holders, the Indenture Trustee, the Owner Trustee (in its individual capacity and as trustee under the Trust Agreement), the Indenture Trustee or the Trust Estate pursuant to this Agreement or the Tax Indemnity Agreement, and (E) that the new country of registry imposes aircraft maintenance standards not materially less stringent from those of any Permitted Foreign Air Authority; and (II) a favorable opinion (subject to customary exceptions) of counsel (opinion and ...

Reregistration. At any time after the Depreciation Period, Lessor, upon Lessee's compliance with all of the terms of Section 7(d) of the Participation Agreement, shall, at the request and sole expense of Lessee, cooperate with Lessee to take all actions required to change the registration of the Aircraft to another country.

Reregistration. After the Tax Attribute Period (or before such date, provided Lessee pre-pays on a lump-sum basis any liability due under the Tax Indemnity Agreement as a result of such registration on the assumption that such registration would continue for the remainder of the term of the Permitted Sublease described in ss. 7.6.11(a)(3) of the Participation Agreement, if no Special Default or Event of Default exists, Lessee may, by written notice to Lessor (with a copy of such notice to Owner Participant), request to change the country of registration of the Aircraft. Any such change in registration shall be effected only in compliance with, and subject to all of the conditions set forth in, ss. 7.6.11 of the Participation Agreement.

Reregistration. When a rental unit is rerented after a vacancy, the landlord must reregister the unit with the City within thirty (30) days after the rerental.

Reregistration. Subject to the terms and conditions of Section 6(a) of the Participation Agreement, the Owner may at any time cause the Aircraft to be re-registered under the laws of another country.

Reregistration. Upon Lessee's compliance with all of the terms of SECTION 7 hereof, including, without limitation, this CLAUSE (3), Lessor shall, at the request and sole expense of Lessee, cooperate with Lessee to take all actions required to change the registration of the Aircraft to the designated country. So long as no Event of Default shall have occurred and be continuing, Lessee may elect to effect a change in registration of the Aircraft, at Lessee's cost and expense, so long as the country of registry of the Aircraft is a country listed in the last paragraph of this SECTION 7(a)(3). Upon the request of Lessee and provided no Event of Default shall have occurred and be continuing, the country list in the last paragraph of this SECTION 7(a)(3) may be amended from time to time to include any other country which would provide substantially equivalent protection for the rights and remedies of owner participants, lessors or lenders in similar transactions and with which the United States of America maintains normal diplomatic relations. In order for Lessee to effect a change in the country of registry of the Aircraft, Lessee shall deliver to Lessor and/or as Lessor otherwise shall direct, the following: (i) an Officer's Certificate certifying that (A) the insurance or self-insurance required by SECTION 11 of the Lease shall be in full force and effect at the time of such change in registration after giving effect to such change in registration, (B) such change will not result in the imposition of, or increase in the amount of, any Tax for which Lessee is not required to indemnify, or is not then willing to enter into a binding agreement to indemnify Lessor pursuant to this Agreement or the Tax Indemnity Agreement, (D) the new country of registry imposes aircraft maintenance standards not materially less stringent than those imposed by the least stringent of the FAA, the aeronautical authority of Canada, Switzerland, France, Germany, Japan, The Netherlands or the United Kingdom, (E) any import or export permits necessary to take the Aircraft into such jurisdiction of reregistration and any exchange permits necessary to allow all Rent to continue to be paid are in full force and effect to the extent obtainable with commercially reasonable effort and to the extent customary to obtain, and (F) any value added tax, customs duty, tariff or other governmental charge or tax relating to the change in jurisdiction of registration of the Aircraft shall have been paid; and (ii) a fa...

Reregistration. At any time after the close of the calendar year in which occurs the seventh anniversary of the Closing Date, Lessor shall, at the request and sole expense of Lessee, cooperate with Lessee and take all actions requested by Lessee to change the country of registration of the Aircraft in compliance with and subject to all of the terms of Section 9(e) of the Participation Agreement.

Reregistration. Immediately following the Firm Payment Date and any Option Closing Date, the Collateral Agent shall cause all certificates for Common Stock delivered pursuant to Section 1(b) or 1(c) above to be re-registered on the books of the transfer agent for the Common Stock into the name of the Collateral Agent or its nominee, and shall thereafter maintain them in such form until the termination of this Agreement; provided, however, that at any time following the Firm Payment Date and any Option Closing Date, the Collateral Agent may cause any such certificates for the Common Stock to be deposited with The Depository Trust Company and thereafter hold such certificates in book entry form in an account (other than an account of the Pledgor) designated by the Collateral Agent.

Reregistration. Notwithstanding the registration requirements of Section 7(a)(i) hereof, the Lessee shall have the right, at any time so long as no Special Default or Lease Event of Default shall have occurred and be continuing, to request with at least 30 days’ prior written notice, a change in the registration of the Aircraft in association with the subleasing by the Lessee of the Aircraft to a Permitted Sublessee. The Lessor agrees to cooperate in good faith with the Lessee in effecting such change; provided that prior to any such change in the country of registry of the Aircraft, the Lessor (and the Security Trustee and each Purchaser) shall have received evidence satisfactory thereto in its judgment acting reasonably, which evidence may be established by means of legal opinions from counsel of recognized reputation satisfactory to the Lessor and qualified under the laws of the relevant jurisdiction, certificates of insurance, officer’s certificates and/or other suitable and available means, that: