Section 1110 of the Bankruptcy Code. It is the intention of the parties that the Mortgagee be entitled to the benefits of Section 1110 of the Bankruptcy Code, subject to Owner’s rights thereunder, with respect to the right to take possession of Aircraft and Engines, and to enforce any of its other rights or remedies as provided in this Mortgage in the event of a case under Chapter 11 of the Bankruptcy Code in which Owner is a Owner.
Appears in 2 contracts
Samples: Aircraft Mortgage and Security Agreement (Wheels Up Experience Inc.), Aircraft Mortgage and Security Agreement (Wheels Up Experience Inc.)
Section 1110 of the Bankruptcy Code. It is the intention of the parties that the Mortgagee be entitled to the benefits of Section 1110 of the Bankruptcy Code, subject to Owner’s rights thereunder, with respect to the right to take possession of Aircraft and Engines, and to enforce any of its other rights or remedies as provided in this Mortgage in the event of a case under Chapter 11 of the Bankruptcy Code in which Owner is a Owner.Owner 44
Appears in 1 contract
Samples: Aircraft Mortgage and Security Agreement (Wheels Up Experience Inc.)
Section 1110 of the Bankruptcy Code. It is the intention of the parties that the Mortgagee be entitled to the benefits of Section 1110 of the Bankruptcy Code, subject to Owner’s rights thereunder, with respect to the right to take possession of Aircraft and Engines, and to enforce any of its other rights or remedies as provided in this Mortgage in the event of a case under Chapter 11 of the Bankruptcy Code in which Owner is a Owner.Owner 45
Appears in 1 contract
Samples: Aircraft Mortgage and Security Agreement (Wheels Up Experience Inc.)
