Common use of The Aircraft Clause in Contracts

The Aircraft. Lessee hereby acknowledges, agrees and certifies that the Aircraft as set forth and described in Schedule 1 is in Lessee’s possession, has been inspected by Lessee to its complete satisfaction, has been found to be in good working order, repair and condition and fully equipped to operate as required under applicable law for its purpose, is of a size, design, capacity and manufacture selected by Lessee and suitable for Lessee’s purposes, and is, as of the date set forth below, unconditionally, irrevocably and fully accepted by Lessee for lease under the Lease. Lessee hereby further unconditionally and irrevocably reaffirms its representations, warranties, covenants and acknowledgments in the Lease and agrees that the Lease provides in favor of the Lessor an International Interest in the Aircraft. All capitalized terms used herein that are not otherwise defined herein has the meanings given to such terms in the Lease.

Appears in 2 contracts

Samples: Aircraft Lease Agreement (Ahern Rentals Inc), Aircraft Lease Agreement (Ahern Rentals Inc)

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The Aircraft. Lessee hereby acknowledges, agrees and certifies that the Aircraft as set forth and described in Schedule No. 1 hereto is in Lessee’s 's possession, has been inspected by Lessee to its complete satisfaction, has been found to be in good working order, repair and condition and fully equipped to operate as required under applicable law for its purpose, is of a size, design, capacity and manufacture selected by Lessee and suitable for Lessee’s 's purposes, and is, as of the date set forth below, unconditionally, irrevocably and fully accepted by Lessee for lease under the Lease. Lessee hereby further unconditionally and irrevocably reaffirms its representations, warranties, covenants acknowledgments and acknowledgments agreements in the Lease and agrees that the Lease provides in favor of the Lessor an International Interest in the AircraftLease. All capitalized terms used herein that which are not otherwise defined herein has shall have the meanings given to such terms in the Lease.

Appears in 2 contracts

Samples: Aircraft Lease (Kitty Hawk Inc), Aircraft Lease (Kitty Hawk Inc)

The Aircraft. Lessee hereby acknowledges, agrees and certifies that the Aircraft as set forth and described in Schedule No. 1 hereto is in Lessee’s 's possession, has been inspected by Lessee to its complete satisfaction, has been found to be airworthy and in good working order, repair and condition and fully equipped to operate as required under applicable law for its purpose, is of a size, design, capacity and manufacture selected by Lessee and suitable for Lessee’s 's purposes, and is, as of the date set forth below, unconditionally, irrevocably and fully accepted by Lessee for lease under the Lease. Lessee hereby further unconditionally and irrevocably reaffirms its representations, warranties, covenants acknowledgments and acknowledgments agreements in the Lease and agrees that the Lease provides in favor of the Lessor an International Interest in the AircraftLease. All capitalized terms used herein that which are not otherwise defined herein has shall have the meanings given to such terms in the Lease.

Appears in 1 contract

Samples: Aircraft Lease (Drivetime Automotive Group Inc)

The Aircraft. Lessee hereby acknowledges, agrees and certifies that the Aircraft as set forth and described in Schedule No. 1 hereto is in Lessee’s 's possession, has been inspected by Lessee to its complete satisfaction, has been found to be in good working order, repair and condition and fully equipped to operate as required under applicable law for its purpose, is of a size, design, capacity and manufacture selected by Lessee and suitable for Lessee’s 's purposes, and is, as of the date set forth below, unconditionally, irrevocably and fully accepted by Lessee for lease under the Lease. Lessee hereby further unconditionally and irrevocably reaffirms its representations, warranties, covenants acknowledgments and acknowledgments agreements in the Lease and agrees that the Lease provides in favor of the Lessor an International Interest in the AircraftLease. All capitalized terms used herein that are not otherwise defined herein has shall have the meanings given to such terms in the Lease.

Appears in 1 contract

Samples: Aircraft Lease (Elite Flight Solutions Inc)

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The Aircraft. Lessee hereby acknowledges, agrees and certifies that the Aircraft as set forth and described in Schedule No. 1 hereto is in Lessee’s possession, has been inspected by Lessee to its complete satisfaction, has been found to be in good working order, repair and condition and fully equipped to operate as required under applicable law for its purpose, is of a size, design, capacity and manufacture selected by Lessee and suitable for Lessee’s purposes, and is, as of the date set forth below, unconditionally, irrevocably and fully accepted by Lessee for lease under the Lease. Lessee hereby further unconditionally and irrevocably reaffirms its representations, warranties, covenants acknowledgments and acknowledgments agreements in the Lease and agrees that the Lease provides in favor of the Lessor an International Interest in the AircraftLease. All capitalized terms used herein that which are not otherwise defined herein has shall have the meanings given to such terms in the Lease.

Appears in 1 contract

Samples: Aircraft Lease (Copart Inc)

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