Special Operation and Possession Covenants Sample Clauses

Special Operation and Possession Covenants. In addition to the foregoing requirements, Lessee covenants and agrees as follows:
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Special Operation and Possession Covenants. In addition to the foregoing requirements, Sublessee covenants and agrees as follows: Sub-subleasing Sublessee shall not enter into any sub-sublease (other than a Wet Lease) of any duration with respect to any Aircraft (including any Airframe and the Engines or engines installed thereon) with any Person without the prior written consent of Lessee and Ex-Im Bank (such consent may be withheld in its sole discretion). In the event that Lessee shall grant its consent to any such sub-sublease, such sub- sublease shall be subject to the following conditions and requirements: any such sub-sublease shall be made expressly subject and subordinate to all the terms of this Sublease and the other Operative Documents, and shall not affect the priority or perfection of the Lien of the Security Documents or the right of Head Lessor, Lessee or the Security Trustee to avoid such sub-sublease and to repossess the relevant Aircraft, Airframe or Engines in connection with the exercise of any remedies upon any Event of Default; Sublessee shall remain primarily liable hereunder for the performance of all terms and conditions of this Sublease to the same extent as if such sub-sublease had not occurred; all terms and conditions of this Sublease and the other Operative Documents shall remain in full force and effect; prior to entering into any such sub-sublease, Sublessee shall provide to Lessee, Head Lessor and the Secured Parties certificates of insurance and reinsurance and brokers’ undertakings from Sublessee’s (or such sub-sublessee’s) insurance and reinsurance brokers or an authorized representative of Sublessee’s (or such sub-sublessee’s) insurers and reinsurers reflecting that the Insurances and Reinsurances required to be maintained pursuant to Section 10 (Insurance) are in full force and will not be adversely affected due to the sub-sublease; such sub-sublease shall (A) provide that the Aircraft, Airframe, Engines and Parts be maintained in accordance with the Approved Maintenance Program or equivalent approved
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Related to Special Operation and Possession Covenants

  • Termination of Information and Inspection Covenants The covenants set forth in Sections 2.1 and 2.2 shall terminate as to Investors and be of no further force or effect when the sale of securities pursuant to a registration statement filed by the Company under the Act in connection with the firm commitment underwritten offering of its securities to the general public is consummated or when the Company first becomes subject to the periodic reporting requirements of Sections 12(g) or 15(d) of the 1934 Act, whichever event shall first occur.

  • Additional Covenants of the Company The Company further covenants and agrees with each Underwriter as follows:

  • Additional Covenants of the Seller The Seller hereby covenants and agrees with the Depositor as follows:

  • Affirmative Covenants of Seller On and as of the date hereof and each Purchase Date and until this Agreement is no longer in force with respect to any Transaction, Seller covenants that:

  • Affirmative Covenants of the Servicer From the Closing Date until the Collection Date:

  • AFFIRMATIVE COVENANTS Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder shall have been paid in full and all Letters of Credit shall have expired or terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

  • Negative Covenants of Seller On and as of the date hereof and each Purchase Date and until this Agreement is no longer in force with respect to any Transaction, Seller shall not without the prior written consent of Buyer:

  • Negative Covenants of the Servicer From the Closing Date until the Collection Date:

  • Negative Covenants of the Company Except as expressly contemplated by this Agreement or otherwise consented to in writing by Buyer, from the date of this Agreement until the Effective Time, the Company will not do any of the following:

  • Affirmative Covenants of the Seller From the date hereof until the Collection Date:

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