Common use of Right of Termination Clause in Contracts

Right of Termination. (a) Lessee shall have the right at its option to terminate this Lease during the Base Lease Term, effective only on a Termination Date occurring on or after the fifth anniversary of the Delivery Date, if:

Appears in 13 contracts

Samples: Lease Agreement (Continental Airlines Inc /De/), Lease Agreement (Atlas Air Inc), Lease Agreement (Atlas Air Inc)

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Right of Termination. (a) Provided there is then no Special Default or Lease Event of Default, Lessee shall have the right at its option to terminate this Lease during the Base Lease Term, effective only on a Termination Date occurring on or after the fifth seventh anniversary of the Delivery Date, if:

Appears in 2 contracts

Samples: Participation Agreement (Amtran Inc), Lease Agreement (Amtran Inc)

Right of Termination. (a) Provided there is then no Special Default or Event of Default, Lessee shall have the right at its option to terminate this Lease during the Base Lease Term, effective only on a Termination Date occurring on or after the fifth seventh anniversary of the Delivery Date, if:

Appears in 2 contracts

Samples: Participation Agreement (Amtran Inc), Lease Agreement (Amtran Inc)

Right of Termination. (a) If no Lease Event of Default exists, Lessee shall have the right at its option to terminate this Lease during the Base Lease Term, effective only on a Termination Date occurring on or after the fifth anniversary of the Delivery Date, if:

Appears in 1 contract

Samples: Note Purchase Agreement (Airtran Holdings Inc)

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Right of Termination. (a) Lessee shall have the right at its option to terminate this Lease during the Base Lease Term, effective only on a Termination Date occurring on or after the fifth tenth anniversary of the Delivery Date and on or before the date one year prior to the Scheduled Expiration Date, if:

Appears in 1 contract

Samples: Lease Agreement (Continental Airlines Inc /De/)

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